Do you want to upsize, downsize, or relocate to a new home in Austin? Are you feeling anxious and overwhelmed by the prospect of buying and selling a home at the same time? Buying and selling a home simultaneously is a massive undertaking with many variables to consider, from inspections to staging. Fortunately, the Prospect Real Estate team has created a guide containing exclusive industry secrets that can help. Read on for the best tips in the real estate industry so that you can buy or sell a home at the same time as efficiently and effortlessly as possible!

One of the best ways to ensure that prospective homebuyers will make an inquiry on East Austin homes for sale is by setting the right price. The essential thing to remember is to set a fair and competitive price. After getting your home appraised, you can find out the fair market value of your home, which is determined by examining the size, age, architectural style, number of bedrooms, and amenities. A real estate agent will then compile a Comparative Market Analysis (CMA) in which they will identify and compare three similar luxury Austin homes that have sold within the past few months. The CMA report is used to determine a comparative and competitive price. By pricing your home fairly and competitively, interested homebuyers will make many inquiries and even offers on your home!

As a buyer and seller, you must do two home inspections. The first home inspection will be done on the Austin home you intend to sell. This initial pre-inspection aims to examine everything from the various systems to the foundation and roof. After reading the results of your pre-inspection, you can eliminate any termite infestations, remove mold and mildew, and repair the roof, among other things. In addition, as a buyer, you should get a home inspection done to ensure that the home you’re purchasing is structurally safe and sound, giving you peace of mind.

First impressions are important. That is why a home with excellent curb appeal can sell faster than a home that has a more rundown-looking exterior. When staging the exterior of East Austin homes for sale, consider doing basic landscaping such as mowing the lawn, power washing the driveways and walkways, trimming back the hedges, and adding potted plants — which could bring an estimated ROI of 267%! By having excellent curb appeal for Austin homes, home buyers will have a positive first impression that is impactful.

When staging your home, one of the most fundamental things to remember is that a little paint can go a long way. Whether painting cabinet doors or an entire room, it can help to freshen up the space and even create an entirely new look. Considering that painting the interior could bring up to 107% ROI, you will likely sell for top dollar. Furthermore, home buyers will love walking into a space that looks beautiful and brand new.

The key thing to remember when selling downtown Austin real estate is to create a versatile space that allows homebuyers to be able to visualize their future lives in the home. That means you should not have drawers filled with knick-knacks, coffee tables piled high with bills, and bookshelves crammed with books. Instead, focus on decluttering and emptying these surface areas and tables so the space looks clean, neat, and pristine.

Staging a home is essential. While you might want to consider staging your home yourself, it might be more prudent and efficient to leave it to the experts. An expert professional stager knows how the furniture and other personal artifacts should be arranged to highlight the home's main features. In addition, a professional stager can recommend paint colors and give decor suggestions to create an overall pleasing space. Considering that a home that has been professionally staged can spend up to 73% less time on the market, you will be able to sell more quickly!

Just like you need an expert to stage your home well, you need a professional to take photographs of your home. A professional photographer with experience taking downtown Austin real estate photos knows what camera angles to use to capture the home in its best light. Furthermore, the professional photographer will use the stunning Austin cityscape as a backdrop to emphasize the beauty of your home for sale.

Light can make a huge difference in how fast a home ultimately sells. When staging your home, you should aim to fill the space with plenty of natural light. Consider opening or removing the curtains and blinds to let in as much light as possible. You could also update the light fixtures for energy-efficient ones. A home filled with light can look much more appealing and beautiful than one without much natural light.

Buying and selling East Austin real estate can sometimes feel like the world’s biggest challenge. There is much to do, from staging your home for sale to negotiating with the seller’s agent. That is why working with a team who has bought and sold Austin luxury real estate many times over can help. An experienced real estate team can guide you on everything from initial consultation to signing the papers. They will make the entire real estate process as efficient and seamless as possible while ensuring all your goals are met!

Are you considering buying and selling Austin homes at the same time? If so, you need to speak with the expert team of realtors at Prospect Real Estate. With over 140 years of combined experience buying and selling homes in the Austin area, the Prospect Real Estate Team can help you buy and sell simultaneously!