Dallas - Top Real State and Investment Market in US
Posted: Nov 01, 2016
You turn on the news all you hear about is how well the Dallas real estate market is doing. The real estate agents are saying Dallas homes are getting various offers, and setting records.
When is the Best Time to Sell your Dallas House Fast?
This week's Fall Meeting of the Urban Land Institute is Dallas' chance to shine with tours and events planned across the city. But when the highly anticipated annual survey "Emerging Trends in Real Estate" was released Wednesday morning, Austin claimed the coveted top spot for best overall real estate investment and development opportunities in the U.S.
After playing second fiddle to Dallas in last year's survey, Austin came out on top this year — surprising some of the people involved in compiling the report.
Big law offices in Houston remain concentrated in the city's downtown, while the Dallas real estate market is bifurcated, with a number of large firms fleeing north from the central business district to the pricier Uptown area.
"We are seeing a lot of law firms, particularly, choose to come out of '80s vintage buildings and move into new product in the Uptown area. That absolutely is a trend," said Brad Selner, managing director for Jones Lang LaSalle in Dallas. "They might go from paying $20 a [square] foot to paying $40 a foot … but they are getting more efficient."
New buildings that allow firms to use smaller spaces more effectively are attracting law firms in both Houston and Dallas, even as sublease space abounds in downtown Houston as energy companies scale back operations.
So where is your buyer?
Need to sell your Dallas home fast- follow these easy suggestions!
1. Find capable help.
You remember 2008- all those specialists running around pounding their chests saying " we know exactly what we're doing"… you remember what happened don't you…obviously they did not.
The reality is that they do not. A "new comer" in real estate should be compared to the proverbial bull in the china shop. It's just so tough for them to not wreck everything…. the subtleties of financing, evaluation, and deal structure. Seriously, chances are good that real estate is your biggest investment – do not trust just anyone's advice. If you want to get rid of your Dallas Home, work with professionals.
2. Don't Price Yourself Out Of The Market By Over-Improving
Too often we see over-improved properties – those where the owners have gone too far. Even with the best of intentions, exceptional craftsmanship and true artistic talent, it is incredibly challenging to exceed what the market is paying. One of the biggest reasons not to overly improve/customize your house is because most buyers want to add their own personal touches. property. I don't care how rich they are everyone atleast cringes at the throught of ripping out something new. Think, " what will appeal to the greatest number of buyers". And remember, keep it light, airy, and clutter free.
3. If it's necessary get it fixed
If you can not in good conscience give your house a "clean bill of health" then you need to get it fixed. If the needed repairs are too pricey then atleast make sure to include them in the sellers disclosure and price the property accordingly. Getting all the little details fixed shows that you've been a responsible home owner.
Don't leave gaps in the trim or behind plates of the switches. Show off your houses healthy report, call in a certified Home inspector. This helps prospective buyers be confident that buying your home is the right thing to do.
4. Exterior and Interior Design Matter
Don't neglect the curb appeal. If a buyer isn't really motivated to stop and take a look at your house it will not matter how nice it is on the inside. Let potential buyers see a "put together" style. Update the landscaping, replace burnt out bulbs, paint the walls most importantly- Keep It Pristinely Clean. Consider hiring a professional designer to help tastefully stage the property.
If you want to get serious offers your property has to be priced right. If your best efforts to advertise your property aren't making the cell ring, you're probably overpriced.
6. If you can't afford to lower the price
Give it time and as long as you're not over market-price it'll sell. There's no magic formula – but there's no substitute for experience.
Glymph Properties is a major property owner in Dallas
If you want to sell your Dallas house… Glymph Properties is ready to give you a fair all-cash offer.
Stop the frustration of your unwanted property. Let us buy your Texas house now, regardless of condition.
Avoiding foreclosure? Facing divorce? Moving? Upside down in your mortgage? Liens? It doesn't matter whether you live in it, you're renting it out, it's vacant, or not even habitable. We help owners who have inherited an unwanted property, own a vacant house, are behind on payments, owe liens, downsized and can't sell… even if the house needs repairs that you can't pay for… and yes, even if the house is fire damaged or has bad rental tenants.
Basically, if you have a property and need to sell it… we'd like to make you a fair cash offer and close on it when you're ready to sell.
No matter what condition your house is in; no matter what situation or timeframe you're facing…
Our goal is to help make your life easier and get you out from under the property that's stressing you out… while still paying a fast, fair, and honest price for your house.
"Quite often investors are willing to pay cash for a home and with the recent tightening of financial restrictions, coupled with the growing number of complaints about low appraisals, having a cash buyer has become even more appealing."