West Austin, Southwest Austin and Lakeway real estate and homes for sale in Texas, luxury homes, investment properties - Linda Bishop and The Bishop Team, REALTORS® Linda Bishop and The Bishop Team REALTORS(r) for West Austin, Southwest Austin and Lakeway, Texas real estate, luxury homes, investment properties - NUMBER1EXPERTS™ Linda Bishop and The Bishop Team NUMBER1EXPERTS(tm) for West Austin, Southwest Austin and Lakeway, Texas real estate, luxury homes, investment properties

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Linda Bishop and The Bishop Team, REALTORŪ, real estate agents and broker for West Austin, Southwest Austin and Lakeway Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
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Linda Bishop and The Bishop Team are some of The Top Selling Real Estate Experts™
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Thinking About Selling Your Home Yourself?: West Austin, Southwest Austin and Lakeway Texas home buying, real estate listings, and homes for sale in Travis County, TX
Welcome > For Sellers > Thinking About Selling Your Home Yourself? ...


There's More to Selling Your Home than a "For Sale" Sign In Your Front Yard: Beware. 

Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions: 

"How does your home compare to others like it in West Austin, Round Rock and Lakeway?" 

"How did you determine the fair market value of this property?" 

"What about financing? Can you help?" 

"If I make an offer, who will draw up the paperwork?" 

"Why aren't you using a real estate agent? Is there something wrong with the property?" 

"Since you aren't using a real estate agent, we can take their fee right off the top, right?" 

Selling your home is one of the most important financial transactions you will make in your life. Don't take risks. Selling your home is nothing like selling a car. Every home is different, and every homebuyer wants to offer you as little as possible. How do you determine the real market value? 

Almost all homes are sold using a real estate agent. As top real estate professionals, it is our job to help you negotiate with all those buyers who want something for nothing. Not to mention preparing your home for sale, marketing it locally in West Austin, Round Rock and Lakeway and even nationally, and guiding you through the complex paperwork and pitfalls of escrow and closing. Make sure you are really ready to handle all of that before pounding that sign into your front yard. Errors can be extremely costly. 

Remember: Buyers want to offer you as close to nothing as possible! While that "For Sale By Owner" sign might sound like a good idea, it usually means a different thing to buyers: "Try to steal this one." 

If you must sell your own home, at least let us give you a sense of its true market value. Tell us a bit about your home, and We'll do a quick Comparative Market Analysis and let you know what we feel it is worth. We'll also describe, as experienced, top West Austin, Round Rock and Lakeway real estate agents, how we would market your property. This is free, with no strings attached. 

Don't price your home by yourself! It's our job to analyze the West Austin, Round Rock and Lakeway market and determine the true value of your property. It's FREE and without obligation... 

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Real Estate Tips
Tax Considerations >Taxable Profits

If you are thinking of selling your home and your house has risen in value since you purchased it, or you have accumulated a lot of deferred profit from previous sales, the Taxpayer Relief Act passed in 1997 could be of tremendous value.

Prior to this law, when a homeowner moved to a smaller home, relocated to a less costly area, or made a decision to rent, they were left with unfavorable tax consequences. The old tax law allowed people who sold their homes to defer tax on any profit by buying a replacement home of at least equal value within two years. At age 55, they could permanently escape tax on up to $125,000 of profit, but any profit in excess of that amount was taxable unless a new home was bought.

The good news is that with homes sold after May 6, 1997, homeowners can make as much as $500,000 tax-free profits on the sale of a principal residence for joint filers or $250,000 for single filers. The $500,000 capital gains exclusion removed taxes as a consideration for most home sellers by giving them flexibility to trade up or down. It has also allowed homeowners to preserve the savings value of a home when they sell, provided they use the property as their principal residence for two of the prior five years prior to the sale.

Consult your tax advisor for your particular circumstance.

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Real Estate Trivia
Q 
What are the financial benefits of having a home near a body of water?

A 
The mere presence of water within 300 feet increases a home's value by 22 percent.
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Linda Bishop and The Bishop Team, REALTORŪ, real estate agents and broker for West Austin, Southwest Austin and Lakeway Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Linda Bishop and The Bishop Team
Barton Harris Realty

8700 Manchaca Road
Suite 603
Austin, TX 78748
Phone: 512-330-9300
Fax: 512-329-9288
Email: thebishopteam@prismnet.com

After working in Real Estate for several years, I have added Matt Harris as my Office/Marketing Manager. I've also brought on Dwayne Gregory (Listing & Buyer Specialist)to round out the team. Becoming a grandmother was decidedly one of my greatest achievements, but only served to fuel my passion for searching and finding the perfect home for my clients and their families. We cherish our clients because not only do they become our friends, they represent success in our professional life as well. We are humbled and greatly appreciate the opportunity to have you join this great group of people whom I have come to consider "My Team".

ABR Equal Housing MLS REALTOR


JB Goodwin REALTORS real estate and homes for sale in West Austin, Southwest Austin and Lakeway Texas

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