WACO, Texas – The Waco area has become a competitive market for home buyers and sellers, people have been paying more than the asking price.
“From a home buyers perspective right now there’s just a shortage of inventory, we’re out collecting, we’re out looking for properties every day just like homeowners are looking for a new property and there’s just no inventory, the truth is, most properties that we sell are seeing multiple offers and multiple people are coming to look at,” says Stinson Bland with Waco First Home Buyers.
Real estate agent Daniela Rodriguez says that because of the low inventory of houses being for sale, it has become very competitive to buy a house in the Waco area.
“It’s getting to be where the buyers have to think outside the box when they’re actually making offers, they need to be really ready to jump on something when they like it because it’s gone within 24 hours being on the market,” says real estate agent Daniela Rodriguez.
For those who are interesting in selling their home, Rodriguez says there are some tips that could help you get the best value.
“You might want to fix up your front yard, put a fresh paint coat on, make sure it looks neutral, put away your personal items,” says Rodriguez.
Stinson Bland from Waco First Home Buyers says he’s seen an increase of pricing in homes in the past five years.
“The price per square foot is creeping up and creeping up. Every time we get an appraisal on a property that has kind of been rehab or finished products, our numbers are higher than from when we acquired the property,” says Bland.
Rodriguez advises those who are interested in buying a house to make a strong offer.
“Strong offers just mean like putting down a good down payment in, making sure that maybe you write a personal letter if you really love the home and have a family, just things that differentiate yourself from everyone else who’s making an offer,” says Rodriguez.
Jessica Rivera: Noel, the Waco area has become a competitive market for home buyers and sellers. People have been paying for more than what the asking price is and real estate experts tell me why people are doing that.
Stinson Bland: From a home buyer’s perspective. Right now there’s just a shortage of image. We’re out collecting, we’re out looking for properties every day, just like homeowners are looking for a new property and there’s just no inventory. The truth is, is that most properties are seeing most of our properties that we sell are seeing multiple offers and multiple people are coming to look at.
Jessica Rivera: Real estate agent. Daniela Rodriguez says that because of the low inventory of houses being for sale, it has become very competitive to buy a house in the Waco area.
Daniela Rodriguez: It’s getting to be where the buyers are having to think outside of the box when they’re actually making their offers. And they need to be really ready to jump on something when they like it, because it’s, it’s gone within 24 hours of being on the market.
Jessica Rivera: If you’re interested in selling your home, Rodriguez says there are some tips that could help you get the best value.
Daniela Rodriguez: You might want to fix up your front yard, put a fresh paint coat on, make sure it looks neutral, put away kind of your personal items.
Jessica Rivera: Stinson Bland from Waco. First home buyer says he’s seen an increase of pricing in homes in the past five years.
Stinson Bland: The price for square foot is creeping up and creeping up. I mean, every time we give an appraisal on a property, that’s kind of been rehab and finished products, our numbers are higher from, from when we, when we acquire the property.
Jessica Rivera: Rodriguez advises those who are interested in buying a house to make a strong offer.
Daniela Rodriguez: Strong offers just mean things like putting a good down payment in. Making sure that maybe you write a personal letter f you really love the home and have a family. Just things that differentiate your skew from everybody else that’s putting on offer.