What is the BEST Open House Question?

KEY TAKEAWAYS

Rather Watch Than Read? Click Image for Video!
  • Ask the WHY, not the WHAT
  • Get the Sellers’ Insight

Every weekend, thousands of people leave their air conditioned homes to visit open houses. If you are going to give up a Saturday or Sunday afternoon to look at houses, I’m sure you want it to be profitable – useful – and feel like your time was worth it (Are you thinking of a move? I can make it easier – Let’s Connect!). If you want your open house visits to be as valuable as possible, you need to ask the right questions. What is the most common question I get at an open house? I already answered that in this blog post. 

The best questions will always focus on information you can’t find in a flyer or MLS listing – they will focus on the hidden details. So, what is the best question to ask? I couldn’t narrow it down to only one so here are the top two:

What do the sellers like MOST about this home?

The answer to this question can be very valuable because it will often highlight something about the home of area that you would be very hard to convey or understand unless you are actually at the home. Maybe the sellers love the floor plan or the neighborhood. Maybe they like the schools or the back yard has an amazing sunset view that you could never truly appreciate unless you saw the backyard for yourself. The answer could be any number of things, but it is most likely something that you would never learn from a flyer, MLS listing or the information I have already shared in social media leading up to my open house (Follow me on Facebook, Twitter or YouTube!).

The second best question to ask is…

Why are the sellers moving?

If you read my other post, you know that this is also the most common question I get at an open house. It is also a very good question that I recommend you ask on a visit to an open house. This is information that probably only the agent knows and it can be super helpful. The reasons the seller is moving is moving might be the same reasons that the home wouldn’t be a good fit for you but you haven’t considered yet. Also, maybe the home is a great fit for your needs, but knowing the answer to that question can give you extra insight into the house, neighbors or neighborhood!

If you have any questions about real estate or are thinking of buying a home, drop me a note or call me and I’d be happy to help!

By Kyle PfaffeREALTOR® e: KPfaffe@cityscapepg.com

m: 512-636-9707 w: AustinHomes4You.com

Open Houses – What is the Most Common Question?

KEY TAKEAWAYS

What is the most common open house question
Rather Watch Than Read? Click Image for Video!
  • There are no bad questions
  • Some questions give special insight

I do a lot of open houses – usually 2-3 a week. That adds up to 8-12 a month and almost 150 a year! I get a lot of questions from people that visit the houses I am holding open – no “bad” questions, but definitely some better than others. So I was thinking the other day, what is the most common question asked at an open house?

At first thought, you might think something like “What is the price?” or “How many square feet are there in this home?” I do get those questions often, but many times people come in to an open house already knowing a lot of information about an open house from what is posted online or what I have shared in social media leading up to my open house (Follow me on Facebook, Twitter or YouTube!)

I do get plenty of weird questions about a home but I am fine answering anything coming from a curious buyer (do YOU know someone looking to make a move? Introduce us!). All that being said, what is the most common question I get from visitors at my open houses???

Why are the sellers moving?

If you think about it, this is actually a really good question! This is information that probably only the agent knows – you can’t find it on the MLS, Zillow or in a flyer. It is also information that can be super helpful. The reasons the seller is moving is moving might be the same reasons that the home wouldn’t be a good fit for you but you haven’t considered yet. Also, maybe the home is a great fit for your needs, but knowing the answer to that question can give you extra insight into the house, neighbors or neighborhood!

The perfect follow up question to this is, What is the BEST question to ask an agent at an open house? I’ll be answering that in my next blog post so check back soon or, even better, FOLLOW my blog so you are notified when that next post comes!

If you have any questions about real estate or are thinking of buying a home, drop me a note or call me and I’d be happy to help!

By Kyle PfaffeREALTOR® e: KPfaffe@cityscapepg.com

m: 512-636-9707 w: AustinHomes4You.com

Tour of Brentwood Park

An introduction to Brentwood Park in central Austin. Nestled between the neighborhoods of Brentwoood and Crestview in 78757, Brentwood Park is a great community place to play tennis or basketball, fly a kite, take the kids to play on the playground or just relax in the great Texas sun!

Kyle Pfaffe, REALTOR®      e: KylePfaffe@kw.com      m: 512-636-9707      w: AustinHomes4You.com

Review of Top Notch Burgers

I visited Top Notch Burgers in Crestview, Austin, TX (78757) for the first time after having wanted to go for a while. I love charcoal grilled burgers so I had try this restaurant. I ordered the regular cheeseburger with fries and it was good with the unmistakable charcoal taste I was looking for. Next time, I’ll have to get their “Longhorn Special”! An Austin original and Crestview mainstay for over 40 years – try it yourself!

Review of Phil’s Ice House

Kohen at Phil’s Ice House

We met some of our friends at Phil’s Ice House Friday night so I wanted to give a quick review. We have been there a number of times and the food has always been really good. I had one of my favorites, the Violet Crown, a Bleu Cheese Burger topped with bleu cheese, and grilled onions on a toasted jalapeño cheese bun. Any burger also comes with regular fries or their signature sweet potato fries (my son loves both). Phil’s also has some great mini burgers that works great for the kids or those with smaller appetites.

Phil’s Ice House also has a great fenced-in play area. We were able to let the kids roam on the playground and watch from a distance. That kept our kids busy for a long time, which allowed us to spend a lot of time catching up with our friends. There always seems to be plenty of seating, but if you want a premium table under the canopy or near the playground (to better keep an eye on the kiddos), you need to keep your eye out for when someone leaves their table.

We finished the night off with some Amy’s Ice Cream, which shares the building with Phil’s. Amy’s is an Austin institution that always has fresh, creative, made-to order ice-cream/topping combinations. We had a really good time and the threat of “wolves in the bushes by the playgound” was the only thing we could do to pry our kids from the slides! Phil’s Ice House & Amy’s Ice Cream is one of the best places to eat and spend time with friends in the Crestview, Brentwood & Allandale areass and we look forward to going back.

Neighborhood Information for 78757

Inventory

  • Number of Homes: 10,487
  • Active Listings: 91
  • Distressed Listings (Foreclosures & Short Sales): 1.3%

Home Ownership

  • Owned: 47.78%
  • Rent: 45.65%
  • Vacant: 6.57%

Demographics

  • Median Age: 35
  • 35% Married
  • Homes with Children: 2405

Household Income Levels


Highest Education Level Attained


Data from Market Insider; deemed reliable but not guaranteed.

Kyle Pfaffe, REALTOR®
Keller Williams Realty
m: 512-636-9707
w: AustinHomes4You.com
I Always Have Time for Your Referrals!

Crestview Real Estate Market Report, 2002-2011

Crestview Market Report (78757)

Real estate in the Crestview neighborhood of Austin, TX (within 78757), has seen phenomenal growth and changes in the last 10 years. Looking at only homes, condos and townhomes in Crestview, there were numerous changes in significant real estate metrics, including units sold, average and median sales prices, average and median prices per sqft., days on the market (DOM) and the average percent for sold-to-list price. Please call or email me for information on your particular home or on opportunities to buy or sell property in Crestview.

Sales Prices
In 2002, the the average sales price in Crestview was $159,702. At the Austin real estate market’s peak in 2006, when the most units were sold, the average price was $220,506. While total units sold dropped to only 122 in 2008, the average price still climbed to $263,876, a 65% increase vs. 2002! There has been some contraction since 2008, but prices have recently rebounded to be only -3% down from the peak, still +62%!

Units Sold & Days on Market
Number of units sold increased from 173 in 2002 to 246  in 2006, but then dropped sharply to only 122 in 2008. The average Crestview home sold in only 35 days in 2006, but that period grew to 63 days in 2010. The DOM remained constant in 2011 despite the +35% increase in units sold from 2010 to 2011.

Price Per Sqft. & Average Sold/List Price Percentage
The average price per sqft. grew from $142.69 in 2002 to $188.54 last year, a +32% increase. At its highest point in 2008, the avg. price per sqft. was $207.35. In 2011, the average sale price was only 96.45% of list price vs. 97.69% in 2002. The only time it was lower was in 2010 at 95.15%.

*Data Source: Austin MLS, 3/2/2012;  information is believed to be accurate but not guaranteed.

Kyle Pfaffe, REALTOR®
Keller Williams Realty
m: 512-636-9707
e: KylePfaffe@KW.com
w: AustinHomes4You.com