Insider Intel

Real estate experts reveal 5 tricks to sell a home faster in Texas

Adhere to this list and watch the offers roll in.

Photo courtesy of Opendoor

Moving to a new home is one of life's most stressful events, and that stress can be compounded for someone who's looking to sell their existing home quickly.

Knowing what home buyers are looking for is key for home sellers who are on a crunched timeline or just want to sell their home with as little stress and hassle as possible. Opendoor dug into data from thousands of recent Texas buyers to uncover local insights about what buyers want, in turn helping homeowners understand what it currently takes to sell their homes in record time.

Here's what Opendoor’s data tells us about what matters most when selling your home in Texas:

1. Know why buyers are moving
The top reason why most Opendoor customers (18.9 percent) moved in 2018 was because they were downsizing, but a similar amount of people (18.1 percent) were looking to upsize their living space. Less than 10 percent of home sellers were moving because of retirement or because they needed the cash equity in their home. Understanding why people want to move can help a seller target the right buyers and play up the right aspects of a for-sale home to potential buyers as they tour it.

2. Optimize open houses
Home buyers value flexibility while they're in the middle of their house hunt. Opendoor's data shows that the peak time for home visits in Texas is between 2 and 4 pm, so if you're listing a home and planning to hold it open on the weekends, keep that time frame in mind. Thursday is the lowest traffic day for home shoppers and Saturday and Sunday are the highest. For buyers looking for the ultimate in flexibility, they can tour any Opendoor home from 6 am-9 pm, seven days a week.

3. Timing is everything
It's no secret that the most popular time to sell a home is in the spring and summer months. People who want to sell quickly should consider putting their homes on the market ASAP, since the spring (February and March) saw the highest numbers of interested home buyers in 2018. Nationally, most homes (60 percent) trade hands between May and August.

4. Price accurately
It may be tempting for a seller to list their house for an overly ambitious asking price, but they should recognize that the longer the house stays on the market, the more their move will be delayed and the less likely they are to get that shoot-for-the-stars price. For example, a house currently spends an average of 68 days on the market in San Antonio, which would add over two months to a seller's timeline.

5. Cosmetic fixes are key
Don't underestimate the power of a coat of paint. Opendoor sells hundreds of San Antonio homes each month and sees a stronger interest in homes with new paint, carpet, and appliances. Investing in an overall deep clean; lawn care; and fresh, neutral-colored paint can be instrumental in getting a home up to the standard of today's buyers, who want to walk into your home and envision their own life there — not yours. Hiring local tradespeople for painting and lawn care, or even a TaskRabbit to help declutter, can speed up the timeline for accomplishing these tasks.

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Take A Walk

New multifamily community opens near Stone Oak restaurants and shopping

Rendering courtesy of Greyson Luxury Living

The new community offers 291 units.

A new multifamily community is now open to prospective residents in San Antonio. Greyson Luxury Living comprises 291 units at 1734 N. Loop 1604 West, with a focus on lifestyle amenities. But the location will be the main draw for many.

Apartment floor plans range from one to three bedrooms, starting at $1,317 for one bedroom and one bathroom, and working up to a base price of $2,611 for three bedrooms and two baths. The community's pet policy according to the website is: "We welcome all your furry friends at Greyson."

Residents will get reserved parking and a garage with EV charging stations, but it might not always be necessary to hop in the car. The apartments are directly adjacent to restaurants like Cover 3, Eddie V's Prime Seafood, and Blü Prime Steakhouse — not exactly everyday eats, but there's tons more at the Vineyard Shopping Center and the Stone Oak neighborhood's Blanco Market Shopping Center across the highway.

In addition to restaurants, the community is less than a five-minute drive from H-E-B Plus, Whole Foods Market, Target, fashion and furniture stores, and multiple fitness studios like StretchLab and LA Fitness.

A press release promises wood-style flooring, quartz and granite countertops, and ceramic tile backsplash. On the more utilitarian side, it offers single-basin sinks, kitchen islands, "spacious" pantries, a stainless-steel Energy Star appliance package, and washer and dryer connections. (Images shared by the complex so far appear to be more illustrative of the desired vibe than the actual space.)

Every floor plan also shows a private patio or balcony. The most expensive floor plan — the three-by-two — has a wraparound outdoor space.

For shared spaces, a resort-style pool with a tanning shelf (a very shallow area for placing lounge chairs) and bike storage encourage residents to get outside, and a dog wash station makes it easy to leave dirt and hair outside of apartments. There's also a fitness center, a clubhouse with wi-fi, elevators, and concierge services.

“We developed Greyson as a luxury multifamily community aimed to fit any type of lifestyle, and we are grateful for all of our partners that helped bring this project to life,” says Ed Garahan, partner and CEO at Carbon Companies, the development firm heading the project.

Carbon Companies also sold the Addison Medical Center Apartments, Ventura Ridge, Triomphe Apartments, and Pecan Springs Luxury Apartment Homes, with more in the works in San Antonio.

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