It’s a Bird, It’s a Plane

Austin BuyerFaster than a speeding bullet! More powerful than a locomotive! Able to leap tall buildings in a single bound! It’s a bird, it’s a plane…no – it’s a successful Austin Home Buyer.  Now, you don’t need to be a superhero to buy a home in Central Texas, but you do need super speed.  Buying a home in Austin in this market requires you to be very prepared in order move fast.

I had a listing hit the market at 5pm on a Monday with no pictures posted.  Typically, I don’t go live with a listing without pictures, but the Austin MLS was switching software on Tuesday and I only wanted to worry about the pictures I was getting back on conversion day.  By noon on Tuesday I had an offer in hand and my phone was ringing off the hook. That first offer became a contract and I learned the next day that the buyer was only seeing the house for the first time on Wednesday.  He sent his sister Tuesday morning, and she knew him well enough to move on it – quickly.

Buying a Home in Austin

In the greater Austin Real Estate market you need to know thyself, know your numbers and be pre-qualified because the next buyer walking in the door is going to be.  I see buyers even writing offers for over list price just to sweeten the pot.  Understand, it’s not just about price; the other terms in the contract will influence a Seller as well.  Flexibility with a Seller can become the key factor. Just as not every Buyer can offer more than list, not every Buyer can be flexible with time either.  The closing date can become a tool or a deal breaker.   Flexibility with a closing date is often a super power.  In a Seller’s market, owners are often shocked how quickly their home has gone under contract and don’t always have a plan, so being able work with sellers on a date becomes valuable.

In a Seller’s Market it’s important for the Buyer to take time getting educated on the current market specific their needs and the buying process which includes the loan.  Taking your time upfront will allow you to move super fast when the time is right.