Seller

VOTE…Make Your Voice Heard

Inline image 3
Don’t forget to vote early to avoid the long lines and the risk of not voting on time!  Early voting began this week and you can vote early at any polling place through Friday, Oct. 30th.  On Nov. 3rd, you must vote at your precinct.  Stand up for home owners by voting YES to Prop 1 and Prop 7.
What Is Proposition 1?

Proposition 1 empowers you to vote to cut your property taxes and protect your home from additional taxes.  On November 3, voters will vote on Prop 1 and decide whether to amend the Texas Constitution to increase the homestead exemption by $10,000 (bringing the total exemption up to $25,000) and ban real estate transfer taxes – or taxes on home sales – permanently.

TexansForProp1

Prop 1 helps make home ownership more affordable for seniors, people with disabilities, and low-income families. On November 3rd, support more savings for Texas homeowners by voting YES on Proposition 1 -the Homeowner Tax Relief Proposition!

What Specifically Will Prop 1 Do?

Prop 1 will save you money by increasing your homestead exemption from $15,000 to $25,000. This is great news for Texas homeowners because it lets you keep more of your hard-earned money.

Prop 1 also helps seniors and people with disabilities by giving them much-needed tax relief, and providing them a lower property tax cap, which helps keep their property tax burden low.

Prop 1 will also constitutionally ban real estate transfer taxes, which target home sales as another taxing source. This means that Texans won’t ever be double-taxed on their property.

Make sure to vote YES on Prop 1!

Click here to see the official ballot language

Proposition 7

Increase funding for transportation infrastructure without new taxes or debt

Proposition 7 on the statewide ballot creates a dedicated funding source to fix our current roads, construct new highway projects, and make all our roads safer to drive on.

Proposition 7 returns Texas to the pay-as-you-go system of paying for roads, which has served this state so well for generations. Most important, the proposal redirects existing state funds and does not call for any new taxes, new debt, or new toll roads.   You are urged to vote for Proposition 7 on the statewide ballot.

Make your voice heard in this important election.

Click Here To Find Your Polling Location:  http://votetexas.gov/voting/where

Advertisements

Thinking of Selling? 5 Reasons You Shouldn’t For Sale By Owner

Thinking of Selling? Why You Shouldn't For Sale By Owner | Simplifying The Market

In today’s market, with homes selling quickly and prices rising some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.

Here are five reasons:

1. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

  • The buyer who wants the best deal possible
  • The buyer’s agent who solely represents the best interest of the buyer
  • The buyer’s attorney (in some parts of the country)
  • The home inspection companies, which work for the buyer and will almost always find some problems with the house.
  • The appraiser if there is a question of value

 2. Exposure to Prospective Purchasers

Recent studies have shown that 88% of buyers search online for a home. That is in comparison to only 21% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

3. Results Come from the Internet

Where do buyers find the home they actually purchased?

  • 43% on the internet
  • 9% from a yard sign
  • 1% from newspaper

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

4. FSBOing has Become More and More Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 9% over the last 20+ years.

5. You Net More Money when Using an Agent

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.

Studies have shown that the typical house sold by the homeowner sells for $208,000 while the typical house sold by an agent sells for $235,000. This doesn’t mean that an agent can get $27,000 more for your home as studies have shown that people are more likely to FSBO in markets with lower price points. However, it does show that selling on your own might not make sense.

Bottom Line

Before you decide to take on the challenges of selling your house on your own, let’s get together and discuss your options.