Contents Putting a Face on Real Estate since 1995™
JUNE 2019 • VOLUME 24 • ISSUE 2
> RED DAY
Keller Williams Realty
> REALTOR VOLUNTEER DAY
ABoR Foundation
> AUSTIN OFFICE GRAND OPENING
Realty One Group Prosper
> MAX AWARDS Home Builders Association of Greater Austin > COCKTAIL SOIREE
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Southwestern Title Agency
> LIBERTY HILL OFFICE OPEN HOUSE
Independence Title
Downsizing to smaller spaces is growing in demand
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o matter what’s going on in the rest of the country, the Austin real estate market is still red hot. And at the same time housing affordability remains a challenge across the state, according to experts at Texas A&M University’s Real Estate Center. With homeownership demand up and inventory down; some Austin buyers are shopping for smaller spaces at a price they can afford. In this seller’s market, selling a small home here isn’t that hard, but if you’re the seller’s agent, there are ways you can be sure your client is getting the most out of his or her small property. Last October, a cute bungalow in the popular Holly neighborhood of central east Austin sold for $316,300. The 870-square-foot pad with three bedrooms and two bathrooms has new hardwood floors, marble countertops, a side and backyard upgrade, plus new windows, doors and trim. Just three blocks
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By Riki Markowitz south, a bungalow that’s in slightly shabbier condition, less modern and with much fewer upgrades, sold five months later for $637,500. Most of the agents we spoke with agree on the major point that perception is everything. “Making small spaces work for a sale is partly a staging issue,” says Shawn Rooker, a REALTOR at Realty Austin. Staging alone may not be the main reason one Holly bungalow sold for twice as much as its nearby neighbor. Granted,
one house is located on a retail thoroughfare. But for a small home that’s sitting on the market longer than a seller is comfortable with, “staging is always less than your first price reduction,” according to Lynne Rhea, RESA-PRO and owner of MomBo Interiors. It has not only been Lynne’s
Tips for maximizing space with color can be a magician; here are five tips to make your space feel spacious
light, fresh, neutral colors since they 1. Use make a room seem larger — they visually recede and reflect more light into the room.
can make nearby colors seem 2. Grays brighter and, in turn, spaces bigger. schemes, even a va3. Monochromatic riety of shades of a single color family, can work; what’s important is consistency to reduce the eye’s ability to perceive spatial dimensions.
placed pops of color are 4. Strategically fine; for example, paint two opposite experience that staging reduces a property’s time on the market, the Real Estate Staging Association has studied and confirmed it.
walls with the same bright color.
5. Painting floors with a light shade can open up a small room.
SMALL SPACES: Continued on page 20
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With rapid real estate growth and changes in the hill country area, comes the need for your business to keep up. We take the time to slow down enough to get to know you, while our local and national network of professionals gives us the support to keep us moving at record pace. Stay ahead of the curve with us, we’re ready to handle any of your business’s demands. Casey Williams, Branch Manager/Escrow Officer Suzy Wiest, Escrow Assistant Laura Harrington, Sales Executive (512) 549-9830 Rebecca Ash, Office Administrator
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LENNAR 1
BELLINGHAM MEADOWS 7509 Antrim Trail, Austin, TX 78754
12 MADSEN RANCH 1205 Chad Lane, Round Rock, TX 78665
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BRADSHAW CROSSING 10416 Premier Park, Austin, TX 78747
13 MALONE PARK 10201 Buster Crabbe Drive Austin, TX 78748
3
BRYSON 2108 Abelia Lane, Leander, TX 78641
14 ORCHARD RIDGE 105 Wind Flower Lane, Liberty Hill, TX 78628
4 CARMEL CREEK 206 Simmental Loop, Hutto, TX 78634
15 RANCHO SIENNA 317 Rancho Sienna Loop, Georgetown, TX 78628
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CARNEROS RANCH 204 Tinto Street, Leander, TX 78641
16 SANTA RITA 113 Civita Road, Leander, TX 78641
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COLORADO CROSSING 3808 Breckenridge Drive Austin, TX 78744
17 SONTERRA 101 Circle Way, Jarrell, TX 76537
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COMMONS AT ROWE LN 20812 Windmill Ranch Ave, Pflugerville, TX 78660
18 STILLWATER 812 Big Rocky Bend Georgetown, TX 78628
8 COOL SPRINGS 113 Juniper Springs Road, Kyle, TX 78640
19 STONEFIELD 466 Red Morganite Trail, Buda, TX 78610
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20 SUN CHASE 15512 Cottage Orchid, Del Valle, TX 78617
CRESCENT BLUFF 1213 Horizon View Drive, Georgetown, TX 78628
10 ENCLAVE AT ESTANCIA 12400 Morelia Way, Austin, TX 78748
21 THE COLONY 119 Esparza Drive, Bastrop, TX 78602
11 HUTTO HIGHLANDS 610 Carol Drive, Hutto, TX 78634
Village Builders 22 AVAÑA 70’s 12508 Padua Drive, Austin, TX 78739
29 OAKS AT SAN GABRIEL 1221 Terrace View Drive, Georgetown, TX 78628
23 AVAÑA 50’s & 60’s 6325 Antigo Lane, Austin, TX 78739
30 PALMERA RIDGE 2517 Carretera Drive, Leander, TX 78641
24 CRESCENT BLUFF 1209 Horizon View Dr., Georgetown, TX 78628
31 PARTEN 396 Cistern Way, Austin, TX 78738
25 EAST VILLAGE 4306 Flameleaf Sumac, Bee Cave, TX 78738
32 ROUGH HOLLOW THE VINEYARDS 105 Beneteau Drive, Lakeway, TX 78738
26 GREYROCK RIDGE 5409 Allamanda Drive, Austin, TX 78739 27 LEGACY TRAILS 550 Goodnight Trail, Dripping Springs, TX 78620
Homes from the $100s-$700s
28 LOS SENDEROS AT SERENE HILLS 602 Sweet Grass Lane, Lakeway, TX 78738
33 THE RANCH AT BRUSHY CREEK 75’S 4103 Brady Ridge Drive, Cedar Park, TX 78613 34 THE RESERVE AT CABALLO RANCH 103 CR 180, Unit 84, Cedar Park, TX 78684
CalAtlantic Homes 35 MUELLER 4401 Berkman, Austin,TX 78723
Lennar.com/Austin I 512-489-6838 All maps are not to scale, and are for relative location purposes only. Price subject to change without notice. Visit Lennar.com or see a Lennar New Home Consultant for further details and disclaimers. This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2018 Lennar Corporation. Lennar, the Lennar logo, the Village Builders logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Date 04/2019 LNAUS242 May
Coming Soon 36 Siena
38 The Retreat at Steiner
37 Stoney Ridge
39 Whisper
June 2019 www.myrealtyline.com Austin Board of REALTORS®
President’s Column By Kevin Scanlan • 2019 President
Keep Austin Global
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ummer is the time for traveling, and this year the Austin Board of REALTORS has been bringing the rest of the world to Central Texas through our ABoR Global program. As the 11th largest city in the U.S., Austin has recently seen a hike in international demand from countries all over the world, including France, Germany, Australia, Ghana, Brazil and the Philippines. With foreign investment in real estate steadily increasing locally and nationally, we’ve decided it’s time to up our game.
What we’ve done so far So far in 2019, we’ve taken several steps to expand ABoR Global. In January, we brought
on a full-time special programs lead to manage our global initiative and facilitate member engagement programming that includes our ongoing speaker series, quarterly small broker meetups, happy hours, niche programming and more. Second, we implemented a three-year ABoR Global Strategic Plan that includes a five-member Global Advisory Group and a 13-position Global Ambassador program. Serving as liaisons on behalf of ABoR, Global Ambassadors are generally CIPS designees appointed by the Global Advisory Group based on their working knowledge of the individual languages and cultures of those countries they represent. Currently, ABoR has Global Ambassadors for Canada, South America, Western Europe, Israel and Turkey, Sweden, Norway, Denmark and Finland. Also, Asian Pacific, India, Spain and Portugal, France, Mexico and China. Finally, we’ve improved and greatly expanded the reach of our Global Lunch & Learn Series, which now includes bilingual
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programming and monthly meetups. Free to all ABoR members, this series connects REALTORS with international stakeholders and various industry leaders on the core issues impacting the global real estate market today, both at home and abroad. Our next Global Lunch & Learn: “Finding Your Passion: A Foreign Nationals Story” will be held in English on July 10 and in Spanish on July 24. Save your seat at ABoR.com/Calendar.
What’s to come – and how you can get involved
Want to learn more? You’re in luck — one of the highlights of our ABoR Global programming year is next week! Join us June 25-27 for our 2019 ABoR Global Week. An expansion of Global Day, this popular member event now includes a two-day GREEN Designation worth 16 CE hours, a happy hour and a special night time edition of our speaker series "Constructing a Green, Global Future," which will dig into innovative green building programs around the world — over cocktails, folks! Learn more and grab your tickets at ABoR.com/GlobalWeek. In partnership with the ABoR Academy, ABoR Global is doubling down on professional development as well. Just in time for ACL weekend, we’re hosting a Certified Interna-
tional Property Specialist (CIPS) Institute and At Home With Diversity (AHWD) at ABoR HQ. Taking place Sept. 30-Oct. 3, the CIPS and AHWD designations total 40 CE hours and can be purchased for a bundle price of $500 by emailing education@abor.com. Don’t delay — register by July 31 and you’ll be entered into a drawing to win two general admission tickets to ACL! Learn more at ABoR. com/CIPS. If you’re serious about building a career in international real estate, you won’t want to miss this event. Not only is CIPS the ultimate designation for global-focused REALTORS, but we’ll also be announcing a new networking initiative to launch in 2020. In the meantime, stay plugged into the latest news and updates from ABoR Global at ABoR.com/Global.
Reminder: ABoR North has moved! Don’t forget to check out our bigger and better ABoR North office at 1500 Arrow Point Dr., Suite 711, in Cedar Park. ABoR North classes can be booked at ABoR.com/Calendar, and while you’re at it, mark your calendar for our Grand Opening Celebration on Thursday, July 18. Come see your new space. We know you’ll love it! RL
Austin Board of REALTORS® (ABoR) Foundation awarded 27 high school seniors and college students with $57,000 in higher education scholarships at its annual scholarship reception. Recipients were selected based on academic merit, financial need and interviews with a panel of REALTORS.
Hometrust Mortgage has been helping people buy, refinance and construct homes in the Austin area for 32 years. We offer a full array of home mortgage products and your loan is processed and underwritten locally. Contact Hometrust Mortgage today for a free consultation or to get started on your home purchase or refinance.
www.HomeTrust.com Now with Two Locations to Serve You
Richie Rodriguez
Bryson Reid
Bradley Rife
Branch Manager NMLS# 222698 rrodriguez@hometrust.com
NMLS# 221487 brife@hometrust.com
Lynn Edgar
Catherine Darwin
NMLS# 1411621 breid@hometrust.com
Welcome
Westlake Office
Welcome Back
Hometrust Mortgage Company, NMLS# 149932
NMLS# 221412 ledgar@hometrust.com
NMLS# 1606718 cdarwin@hometrust.com
Angela Dean
NMLS# 1557358 adean@hometrust.com
(512) 450-1222 | 4301 Westbank Dr. Escalade B Suite 150 Austin, TX 78746
Northwest Office
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Ashley Matthews
Scott Sewell
Branch Manager NMLS# 1185441 amathews@hometrust.com
Regional Production Manager NMLS# 1411621 ssewell@hometrust.com
Anila Cardyn
Brooke Payne
NMLS# 1160250 acardin@hometrust.com
NMLS# 977110 BPayne@hometrust.com
(737) 209-6740 | 7804 Bell Mountain Drive, Suite 101 Austin, TX 78730
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Coming Soon Something great is just around the corner. We’re excited to announce that brand new communities—with new homes, new streets, new everything—are coming soon to the Austin area. Stay tuned to see how you can own a home that’s as unique as you are. Join the interest lists now. Northridge Park in Austin 1,491–2,881 sq. ft., 3–6 bdrms., 2–4 baths Springdale Rd. and Old Manor Rd., Austin, TX 78724 • 888-524-6637
Oakmont in Georgetown 1,491–3,125 sq. ft., 3–6 bdrms., 2–4 baths 105 Kyndals Meadow Cove, Georgetown, TX 78628 • 512-688-5800
Sundance Crossing in Del Valle 1,353–2,898 sq. ft., 3–5 bdrms., 2–4 baths Ross Rd. and Heine Farm Rd., Del Valle, TX 78617 • 888-524-6637
Village at Northtown in Pflugerville 1,353–2,898 sq. ft., 3–5 bdrms., 2–4 baths Heatherwilde Blvd. and Wells Branch Pkwy., Pflugerville, TX 78660 • 888-524-6637
Willow Trace in Austin 1,516–2,898 sq. ft., 3–5 bdrms., 2–4 baths Burnet Rd. and Shoreline Dr., Austin, TX 78728 • 888-524-6637
888-KB-HOMES | kbhome.com Broker Cooperation Welcome. ©2019 KB Home (KBH). Placement on interest list does not guarantee qualification for a loan, lot location or purchase of a KB home. Plans, pricing, financing, terms, availability and specifications subject to change/prior sale without notice and may vary by neighborhood, lot location and home series. Buyer responsible for all taxes, insurance and other fees. Sq. footage is approximate. Photo may display decorator items/furnishings not available for purchase and may not represent lowest-priced homes. See sales counselor for details. AUS-225296
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RL Advertising Partner: Keller Williams Realty
Realty One Group Prosper celebrates the grand opening of its new Austin office off Hwy 360 and South Lamar. The company President Vinnie Tracey, right, visits from California to check out the new digs. Pictured with him are Chris Duval, Sammy Celum and Luis Vega.
RL Advertising Partner: Chicago Title
Giving back is where it's at! Joy Stokes and Reagan Sansom, both of Chicago Title, roll up their sleeves and pitch in to help build a home with Habitat for Humanity during the WCREALTORS Habitat Build.
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Katherine Smith of Keller Williams Realty digs in deep to help make the landscape look its best while volunteering during the company's annual RED Day. This annual initiative brought Keller Williams Realty agents together to give back to their community.
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Williamson County Assoc. of REALTORS®
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President’s Column By Cyndi Bell • 2019 President
Big on affordability, small on space
A
s Central Texas continues to adjust to new people and companies moving here daily, affordability can be an issue, and in response, clients are asking us about tiny homes and tiny spaces. While both types are relatively new to our area, either way it’s an adjustment to live in a small space if you are not accustomed. So how do people do it? It’s all about maximizing space. Double-up with bunk beds. This type of bedding maximizes space by going up instead of out. Embrace small furniture. By investing in small furniture, including space-saving kitchen tables, desks and more you will maximize your space and can still enjoy the furniture that makes home feel like home. Expand your space with a large mirror. A classic design trick to make a small space or any room look and feel larger is to utilize a large mirror. Organize your storage spaces. Getting the most out of your storage spaces is absolutely
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June 2019
straightforward as some buyers might expect. While traditional lenders are willing to loan hundreds of thousands for a sizable home, they're often reluctant to lend to tiny homebuyers. The problem is the appraisal. Unless you live in an area with an abundance of tiny homes, there aren't usually enough comparable properties nearby for the appraiser to determine the home's value. No ap-
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praisal, no loan.
Get educated
To better service your clients, its always best to get educated. Here at WCREALTORS we have ABR, SRS and GRI designation classes coming soon. All of these classes are a great way to learn more about tiny homes and add competency to your business. See you soon! RL
Events & Education June 2019
essential. Invest in storage containers like bins and baskets to get your valuable square footage organized. Maximize corners. One of the secrets to living in small spaces is to maximize the corners of rooms. By placing furniture like tables or desks in the corners and doubling up with shelving as both a decorative and storage hack, you allow the rest of the room to feel more open. Dual usage. Invest in furniture that fits the size of the space and serves multiple purposes.
21 RPR - REALTORS Property Resource 21 What Happens Next? 22 Promulgated Contracts 24 Doing Business on a Shoestring Budget 24 Rent vs Own Tax Benefits 25 Article 12 & TREC
27 Buyers Agent 27 NAR Code of Ethics
July 2019 3 Show Me the Money: Compensation Planning 6 Real Estate Finance
wcaor.org
Alicia Wehr and Angel Davila, both of Texas National Title, give out some great swag at the WCREALTORS Annual Golf Tournament where they sponsored the putting contest.
How do you help a new client find a tiny home?
To start, you'll need to start by calling your planning or zoning department to ask about local ordinances: Are there any restrictions on areas where you're thinking of building? How are tiny homes zoned, and where are tiny homes allowed? If the home is on a foundation, you can use a traditional lender just like any other home. But securing financing for a tiny home isn't as
RL Advertising Partner: Texas National Title Download Photo: RL_061319_A.jpg for FREE at myrealtyline.com
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X marks the spot! Edwin Zamora and David Castilleja, both of RE/ MAX Capital City, get ready to take aim at the WCREALTORS annual golf tournament.
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Southwestern Title Agency hosts a social media training class for real estate professionals at its new office in Round Rock in the Chase Bank building.
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Sara Coltharp, right, of Drees Custom Homes tries out the salsa that Kapil Chimmula and Norma Walz, both of Keller Williams Realty Round Rock, entered into WCREALTORS' annual salsa contest. RL Advertising Partners: Drees Custom Homes & Keller Williams Realty Download Photo: RL_061119_C.jpg for FREE at myrealtyline.com
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RL Advertising Partner: Southwestern Title Agency
RL Advertising Partner: Highland Homes Highland Homes celebrates the halfway mark to the Pop Those Prizes party, where agents who have sold Highland Homes this year will receive CASH PRIZES. The more your sell, the bigger the prize and there's still time to "get in" on this! Lyn Richardson, Highland's sales agent in Mayfield Ranch and Kristy Karacz in Wildhorse and Santa Rita Ranch are among Highland's sales team that can give you the details!
WHY WAIT TO EARN MORE? Make the most of your sales. With Drees Custom Homes, you’ll start earning 5% commission with your second closing.*
dreeshomes.com
1st closing
3%
commission
2nd closing & beyond
4% 5% commission
*On first sale, Realtors are enrolled in the Earn More rewards program and can take advantage of the Relocation Reimbursement or additional bonuses if available, in addition to the standard 3% commission. On subsequent sales, Realtors must choose from the Earn More 5% commission, Relocation Reimbursement, or additional bonus, if available. Program begins April 1, 2019 and runs through March 31, 2020. All bonuses, including Earn More rewards, will be paid on the settlement statement at closing. Realtor must have written authorization from their Broker and a completed W-9 form to be paid by any other method. Earn More rewards applies to individual Realtor sales only, no team sales. Programs subject to change or termination without notice. ©2018 The Drees Company. All rights reserved. 200167 5/19
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RL Advertising Partner: Independence Title
AYREP members have a "doggone" good time at the organization's annual charity bash benefiting Austin Pets Alive!
RL Advertising Partners: Scott Felder Homes & La Cima
Tara Cueva is ready to
welcome you to La Cima in San Marcos where she has homes ready for move-in starting from the $380s.
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April Downey, Eric Phillips and Susan Patterson, all of Independence Title, gather to show off the company's new digs in Liberty Hill with a relaxing celebration with agents, clients and special guests. Liberty Hill clients can now close near home and finish up with a Sonic burger next door.
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MODELS NOW OPEN!
1-ACRE COUNTRY MATURED HOMESITES 3-CAR GARAGES AVAILABLE LIBERTY PORCH GATHERING CENTER COMING SOON ACCLAIMED LIBERTY HILL SCHOOLS
NEW HOMES FROM THE $450s
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Graphics, photographs and maps shown are representational only and should not be relied upon as depictions of existing or proposed community improvements. Final development may differ from these representations. Subject to change without notice.
512-434-0532 NORTHGATERANCH.COM
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PERFECTING THE HOMEBUYING EXPERIENCE SINCE 1993 Empire Communities is one of North America’s largest integrated master-planned community homebuilders, having built over 20,000 homes to date. With over 25 years’ experience in homebuilding, we recently entered the Austin market through our acquisition of Centerra Homes. Since 1993, we have been committed to building inspiring new places to live with functional home designs and quality finishes for every style and budget. We’re excited to work with talented and knowledgeable Austin Realtors to find their clients the perfect Empire home.
See where we build and get to know us better at empireinaustin.com
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RL Advertising Partner: Southwestern Title Agency Summer Pavliska, Jennifer Rhodes, Angelina Berte and Shelia Balagia, all of Southwestern Title Agency, are off to the races! They had some fun with the derby theme at the company's cocktail soiree.
Mario Madle and Stephanie Redding, both of M/I Homes, welcome agents to see what they have to offer in Morningstar during the community's "Music & Models" new home tour event where attendees enjoyed BBQ, live music and fun!
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Wes Peoples, president and founder of Wes Peoples Homes, and his company's Sales Manager Brenda Wendel thank John Chriss of Engel & Völkers for allowing them to host their agents for a special REALTOR Luncheon and Property Tour.
RL Advertising Partner: Wes Peoples Homes Download Photo: RL_071519_B.jpg for FREE at myrealtyline.com
L SPECIA GOOD E ) m N a O te r DOGG ve $ 100* (pe by July 1st. sa e paid tb
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*Regist
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ABoR Foundation Coordinator Seunga Yu and Justin Floyd of Priority Settlement Group joined other REALTORS during ABoR's Volunteer Day to help paint a house, build two wheelchair ramps, clear brush and spruce up the landscaping.
CHARITY GOLF TOURNAMENT benefitting
TAKE ME HOME
“Potts Putts for Pups” facebook @takemehometransport paypal.me/takemehometransport
CASH PRIZES for Men’s and Women’s CTP & Longest Drive HOLE IN ONE chance to win a FREE Car!
GIVING LEVELS
MONDAY
JULY 22, 2019 TERAVISTA Golf Club
(1) TOP DOG
5000 2000 700 500
$
(3) BIG DOG
$
(1) DOGGY BAG $ (1) DRIVING DOGGIES $
(1) DIG N’ SWIG $
500 225 100
(1) GO-DOG-GO $ (17) PUPPY LOVE $
SHOTGUN START
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500
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per team
contact: CRAIG POTTS [512] 586-4843 • SUSAN PATTERSON [512] 914-8984 Take Me Home rescues dogs from rural shelters and transports them to adoptive families across the nation. EIN: 83-2847833
SHEILA BALAGIA Office Manager/Escrow Officer
sbalagia@swtatx.com
Southwestern Title Agency a dba of New Braunfels Title
512-273-7767 1111 N. IH-35, #102 Round Rock, Texas 78664
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THE ADVENTURE STARTS HERE
Just a short drive south of Austin, 6 Creeks is Kyle’s first new master-planned community where beauty and serenity meet fun and adventure. Your clients can explore miles of scenic nature trails and greenbelts, or go camping in the nearby Hill Country. Trendmaker Homes’ thoughtfully designed floor plans offer a fresh, contemporary look with personalized touches to suit your clients’ needs—all from the mid $200Ks. Plus, you can rest assured Trendmaker’s team of home buying experts will help guide your clients every step of the way, so getting into their dream home is easier than ever. Don’t miss out on this exciting opportunity to get your clients into a brand new home at 6 Creeks.
CONTACT OUR NEW HOME SPECIALIST, KIM BENNETT, AT (512) 575-4714 TO LEARN MORE!
COMING SOON TO 6 CREEKS IN KYLE The prices of our homes, included features, plans, specifications, promotions/incentives, neighborhood build-out and available locations are subject to change without notice. Stated dimensions, square footage and acreage are approximate and should not be used as a representation of any home’s or homesite’s precise or actual size, location or orientation. There is no guarantee that any particular homesite or home will be available. A Broker/Agent must register their client in person on client’s first visit at each community for a Broker/Agent to receive a commission or referral fee, if available. Any photographs or renderings used herein reflect artists’ conceptions and are for illustrative purposes only. No warranty or guarantee is made regarding any particular area public school/school district or that any particular public school/school district will service any given community. Schools/school districts may change over time. Our name and the logos contained herein are registered trademarks of TRI Pointe Group, Inc. and/or its subsidiaries. © 2019 Trendmaker Homes, Inc., a member of the TRI Pointe Group. All rights reserved.
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Home Builders Assoc. of Greater Austin
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President’s Column By Becky Collins • 2019 President
Off to the races at the 2019 MAX Awards Gala
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nd we’re off to the Races! The Sales and Marketing Council of the HBA hosted our annual Marketing & Advertising Excellence Awards Gala (MAX) on April 27 at the JW Marriott in downtown Austin. More than 500 attendees donned their Kentucky Derby best as we celebrated and applauded our builder, developer, remodeler and associate members for their outstanding achievements in 2018. From the cocktail hour to the rooftop after party, guests thoroughly enjoyed this year’s Run for the Roses/ Kentucky Derby inspired theme. Hints of this iconic race were sprinkled throughout the evening from the fascinators to the bowties, from the mint juleps to the old fashions, from the jockeys that posed for photographs to the modern grass and red rose décor, the evening was simply spectacular. The MAX Awards were created as a way to showcase and recognize excellence in the various segments of the home building industry to include sales, marketing, construction, development and design. By recognizing these great qualities in our builders, developers and
bout A k As r New Ou tyle
s Lifegram! Pro
designers, it keeps our industry innovating for the next wave of market trends and promotes continued improvement in our markets. This signature event has grown over the years and more than 400 entries were submitted for consideration for these prestigious awards. Entries were judged by a panel of industry experts from across the country. Our judges convened in Austin for three days in which they reviewed entries, conducted nearly 50 in-person interviews and visited various communities and model homes of our entrants. Our esteemed judges this year were: Donald Ruthroff, AIA, Pierrette TierneyMagleby, Kimberly McNeil, Mollie Carmichael, Brian Cassidy and Sarah Breen. Our winners were announced by our Master of Ceremonies, Tim Sullivan, who presented close to 100 MAX Awards during the evening, including the coveted Grand MAX Awards. Our five Grand MAX winners are: • Home of the Year: Travisso-Lynmar II/ Drees Custom Homes • Masterplan Community of the Year: Santa Rita Ranch
• Builder of the Year: David Weekly Homes • Custom Builder of the Year: David Wilkes Builders • Developer of the Year: Santa Rita Ranch Congratulations to all of our MAX Award recipients! For a complete list of our win-
ners, head over to the event page on the HBA website. And a huge thank you to our amazing promotional partners. The evening would not be possible without your generosity and commitment to our industry. RL
Just 15 minutes south of downtown Austin, Sunfield offers homeowners a break from the daily grind. Enjoy the miles
live bright side on the
of hike and bike trails, catch and release ponds, the dog park or the amazing Sunbright Amenity Center with a Junior Olympic Pool and plenty of shade – plus the Lazy River Amenity Center opening in 2019!
master-planned living on the south side of austin from the $190s CASTLEROCK • CENTEX • CHESMAR HOMES GEHAN HOMES • PULTE HOMES • WILLIAM LYON HOMES
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Lower Rates & Close In 14 Days Austin Monthly
Top Mortgage Professional of the Year 2017 Austin Business Journal
Top Producer
Williamson County Association of Realtors
Affiliate of the Year 2017 Austin Board of Realtors
Affiliate of the Year 2013 Women’s Council of Realtors
Affiliate of the Year 2012
John Schutze REGIONAL DIRECTOR NMLS #208548
John@TexasLoanExperts.com
(512) 775 - 6820
Give your clients the best mortgage experience. John and his team are great to work with! We have used John on 7 home loans since 2006. He is professional, knowledgeable, and moves quickly! - The Fishers
Exclusive 5-min Loan Application only at TexasLoanExperts.com Texas Loan Experts | 10000 Research Blvd, Suite 252 Austin, Texas 78759 Corporate Office: The Home Loan Expert, LLC 1600 S. Brentwood Blvd. Ste 700 St. Louis, MO NMLS #1326241
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Women's Council of REALTORS®
RL Advertising Partner: Independence Title
Glenn King of RE/ MAX Round Rock and Maryam Gharbi of Texas Premier Realty check out Southwestern Title Agency's new Round Rock office. With the office located in such a convenient location off I-35 and Hwy 79, it's easy to get to when buyers are ready to close.
W
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President’s Column
Get to know the Women's Council of REALTORS
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Putting a Face on Real Estate since 1995.™
By Jennifer Lish • 2019 President
With a snip here and snip there, Independence Title Liberty Hill is open for business!
Dan McDorman, along with Heidi Trevithick, Nicole Lang-Miller, Ross Myers and Kelli Lopez, all of JB Goodwin REALTORS, pitches in to help AYREP raise some funds for Austin Pets Alive while attending the group's annual charity bash.
TM
ith a current female membership of 62 percent in the National Association of REALTORS (NAR), many who are unfamiliar with the organization may ask “why do we need a Women’s Council?” Women’s Council exists because for the first 20 years of NAR's existence over 110 years ago, women were barred admission from many local REALTOR associations, so a “women’s division” was formed in November 1938 by 37 women from nine states. Women's Council is now a national network with roughly 12,000 members. The Austin network established itself in 1957. The local and state networks are 250 plus members strong. Males make up 10 percent of members, and the average income of members from real estate is $134,470 per year. The council exists today because it is the business leadership skills WCR provides that has positioned it as a leader for the industry, for organized real estate and for political action committees. Women's Council’s participation rate in RPAC is the highest in the REALTOR family at 74
percent (versus 33 percent for all REALTORS). Women's Council members value their membership because belonging to Women's Council gives them a sense of professional pride and satisfaction. Women's Council membership provides members with skills and information to deal with a changing business environment. WCR Austin just finished a terrific business meeting in May and started June off with a very inspiring workshop with Sandra Dee Robinson who taught us how give our brand a power boost. Next month we are offering Legal I and Legal II classes for free to Women's Council members. Non-members tickets are $30. We will provide lunch and a happy hour after the class. We have John Harrell coming to speak, great classes and free CE credits, updates from city officials, mixers and fundraisers. Our goal is to continue increasing our membership and build strong leaders in our community and industry. Go to our Facebook page to sign up for classes, meetings and events. For more information, visit wcr.org or contact us at Lishjennifer@gmail.com or klp@kerriparker.realtor. RL
Silvia is known for personalized service and dedication to her clients. SILVIA WARD CARDEN Loan Officer NMLS# 217202 Cell: 512-791-6332 Direct: 512-592-5455 silvia.ward@benchmark.us www.silviaward.com ww
· Local lender since 2001 · An advocate for her clients · Exceptional communication On time closing guarantee! ·O
Ark-La-Tex Financial Services, LLC d/b/a Benchmark Mortgage 5160 Tennyson Pkwy STE 1000, Plano, TX 75024. NMLS ID #2143 (www.nmlsconsumeraccess.org) 972-398-7676. (https://benchmark.us)
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ABoR members show some love for their community. They came together to volunteer to help homeowners Adelia and Pascula Contrera with repairs, landscaping and other chores during ABoR's volunteer days.
RL Advertising Partner: Keller Williams Realty
KW Culture Committee Co-Chairs Carolina Aceituno and Kim Whitlock, both of Keller Williams Realty, plant pretty flowers as they do their part to give back to the community during the company-wide RED Day when Keller Williams agents stepped up to give back.
3 4 5
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Receive a 3% commission on your first closing.
Receive a 1% bonus in addition to your 3% commission on your second closing!*
Receive a 2% bonus in addition to your 3% commission on your third and subsequent closings!*
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Cheryl R. Linck of Gillean & Associates Realty and Tamara Moritz of Coldwell Bankers United REALTORS place bids for some fabulous cakes to help raise money for TREPAC at the annual TREPAC Auction hosted by the Residential Real Estate Council and Women's Council of REALTORS.
Get that Felder Feeling when you sell a new Scott Felder Home! With the Scott Felder Homes 2019 Realtor Loyalty
Program, your buyers will love our sizzling summer savings and offers on select homes. Visit our website today to find an amazing selection of move-in ready homes!
BUY NOW – SAVE MORE!
New homes from the $200-$600s
ScottFelderHomes.com
*All qualified sales must be original Scott Felder Homes (“SFH”) contracts written between January 1, 2019 and November 30, 2019. Sell ONE home and you’re enrolled in SFH’s Co-Broker Loyalty Program! Sell TWO homes between 1/1/19 and 11/30/19 and qualify for a 1% bonus on your 2nd SFH closing. Sell THREE homes between 1/1/19 and 11/30/19 and qualify for a 2% bonus, entitling you to a 5% total commission on your third, and all subsequent closings for the remainder of 2019! Bonus Percentage will be dictated by order of closing: 3% upon first closing, 4% upon 2nd closing, and 5% upon third closing and thereafter between 1/1/2019 and 12/31/2019. All bonuses will be noted on the Closing Disclosure (“CD”) and will be paid at closing. Payments of commissions and bonuses will only be made to actively licensed Texas Brokers. Broker’s commission cannot be used to reduce the price of the home and is only valid if Broker accompanies and registers its client on the first visit to any SFH Austin Division Community during the bonus promotion period AND Broker’s client enters into a new sales agreement for an eligible available home during the bonus promotion period. Bonus paid to Broker upon client’s successful closing and funding and is based on the ORIGINAL contract price as stated in the Sales Agreement, excluding any Seller incentives, subsequent change orders, re-writes, or upgrades. While commission bonuses cannot be used to reduce sales price, Broker may elect to waive participation in the 3%-4%-5% bonus program and apply its Broker bonus, in all or part, towards purchaser’s closing costs. May not be combined with any other Broker bonuses or offers. No team sales: only individual selling agent may qualify. Broker is responsible for all applicable taxes. Please see a SFH Sales Associate for complete details.
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June 2019
MODELS OPEN DAILY! LaCimaTX.com
512-667-7300
104 TULIP GARDEN TRL
117 TULIP GARDEN TRAIL
ADDRESS
516 ACADEMY OAKS
NOW
FLOORPLAN
SQ FT
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BR/BA/GAR
MLS #
104 TULIP GARDEN TRL
$325,000
ASHERTON
2,113
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MLS 5407732
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105 EMERALD GARDEN
117 EMERALD GARDEN
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136 EMERALD GARDEN
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504 ACADEMY OAKS DR
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MLS 1909357
508 ACADEMY OAKS DR
$399,490
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MLS 7386533
512-667-7300
512-834-9294
PRICES SUBJECT TO CHANGE
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SMALL SPACES: from on front page
v
NEW Home in Georgetown
MorningStar
Now Open & Selling! From the $240’s • 10 Different Floorplans Liberty Hill ISD • 1,545 - 2,830 sq. ft. Amenity Filled Community 132 Landry St • Georgetown TX, 78628
For more info, contact Adrienne at 512-253-7338 or salesaustin@mihomes.com Visit us at mihomes.com today!
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to move into their
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It’s time for your clients
The trade organization found that on average, homes sell 73 percent faster when they’re staged prior to going on the market, compared to those that are not staged. When a home sells in less time, it also reduces the seller’s mortgage liability. A study by Coldwell Banker Real Estate Corp. estimates that staged homes sell at six percent above asking price and one survey by ASP Home Staging Statistics indicates that, “88 percent of staged homes sell at or above asking price.” If you don’t watch home design reality TV shows or are new to the real estate industry, home staging is simply making a home more visually attractive to a larger number of potential buyers and making it easier for those buyers to visualize living in the space. But staging experts don’t just set their sights on indoor spaces, especially not when it comes to smaller properties. Rhea, also a member of Austin Board of REALTORS (ABoR), says she tries to let buyers envision ways to use outdoor spaces. For instance, she’ll create a lounge or party ambiance on the patio, including a bucket of local ales and bottles of refreshing Topo Chicos. Rhea calls this “understanding your livability.” She even sees to the landscaping in the front of the house. “Dressing the front of a property is one of the most important things you can do. While the REALTOR is getting the door unlocked, buyers are
looking around.” Sellers have about 15 seconds to impress buyers, says Rhea. That’s how long it takes most people to decide whether they can envision living in that home. Not all sellers of small homes are looking to offload a small dwelling as their main parcel. To a majority of brokers in the Austin area, a granny flat behind or adjacent to a larger home is actually a huge selling point. Rooker says he doesn’t get a lot of requests to see, specifically, small spaces. Same with Jonathan Ryan, a broker assistant at Karen Derr REALTORS. But both multimilliondollar producing REALTORS say that homes that have a granny flat or small home on the property are often very much in demand and adds a lot to the home’s value. A staging professional can help buyers visualize using the smaller space to house a grown child, says Karen Derr. It can also be used as an office, an art studio, guesthouse, and yes, a granny flat. Every day, more and more older neighborhoods in Austin are catching the eye of younger, wealthier buyers. This demand may not lead to additional inventory — it likely won’t — but selling small houses in these areas shouldn’t be seen as a challenge if you approach it right. Just keep in mind, with some TLC, small homes can sell faster and are more likely to sell for over asking price. RL
RL Advertising Partner: Texas National Title
Angel Davila of Texas National Title puts his handyman skills to work during the WCREALTORS Habitat Build event.
RL Advertising Partner: Southwestern Title Agency Anne Schramm of Dominion Estate Network takes part in Southwestern Title Agency's social media training class because she knows that her success on social media will grow sales volume.
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FROM THE $ 300s
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MONTICELLO HOMES
Putting a Face on Real Estate since 1995.™
June 2019
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Materials are protected by copyright, trademark, and other intellectual property laws. All rights in these materials are reserved. All products and company names marked as trademarked (™) or registered (®) are trademarks of their respective holders. Copying, reproduction and distribution of materials without prior written consent of Deerbrooke is strictly prohibited. All information, plans, and pricing are subject to change without notice. This information does not represent a specific offer of sale or solicitation to purchase property within Deerbrooke. Models do not reflect racial preference. *Closing timeline may vary due to buyer or seller factors. A Randolph Todd Development and Crown Community Development.
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Veterans
United Home Loans by KATIE AGNESS
M
arine Corps Veteran and home loan specialist Chad Bowman opened the first Texas branch of Veterans United Home Loans in February 2014 on Greystone Drive in Northwest Austin. He has since opened a second branch in Killeen, serving Fort Hood area soldiers and their families. In managing the operations of both branches, Bowman is responsible for ensuring his team delivers exceptional service every day to military veterans, service members and their REALTORS. Bowman’s Veterans United team provides VA and Texas Veteran Chad Bowman, branch manager home loans across the state of Texas. “We work with active duty and retired military veterans who are purchasing their primary residences in Texas using their VA home loan benefit,” Bowman says. “Texas REALTORS are our biggest customers because we are their go-to resource for VA home loan questions, even when their clients may be working with another lender.” Veterans United Home Loans funds more VA loans
in the Austin area, as well as nationwide. “VA loans take a certain level of experience and expertise, which is what we provide to homebuyers and REALTORS alike,” Bowman says. “We also provide complimentary financial education to veterans who have trouble qualifying for a new homes.” Veterans United Home Loans in Austin and Killeen provides educational resources on VA loans by phone, by email, online and in continuing education classes direct to veterans, as well as direct to REALTORS at the Austin Board of REALTORS (ABoR). At ABoR, Bowman teaches both Home Loans for Veterans, which is a 2-hr CE class about VA and Texas Vet loans, as well as an 8-hr CE class Military Relocation Professional (MRP) Certification. “More than anything, we’re a resource for anyone who needs help using their VA home loan benefits,” Bowman says. “Our clients appreciate that we understand the intricacies of the VA program and REALTORS see the value in working with a local lender with experience and expertise navigating the process.” With more than 15 years of experience of helping veterans and service members use their VA home loan benefit, and having personally funded more than 1,500 VA loans over that time, Bowman has seen great growth in the industry. “Use of the VA home loan program continues to grow nationwide,” he says. “Last year, more than 610,500 VA loans were funded. Use of the VA
program continues to grow year after year as more and more veterans take advantage of their benefits.” That’s why it is so important for REALTORS to get the training they need to work with active duty military as well as veterans. Employees of Veterans United live by the company’s core values: Deliver Results with Integrity, Be Passionate and Have Fun and Enhance Lives Every Day. What this means to their clients and partners is that Bowman’s team gets the job done right without cutting corners. They care about what they do for veterans and why they are doing it. And most importantly, they enhance the lives of our most valued citizens — our military veterans. In that regard, Austin and Killeen employees donate one percent of their paychecks to Veterans United Foundation, which locally gave back more than $100,000 in recent years and more than $28 million nationwide since 2011. RL
Use of the
VA home loan program
continues to grow nationwide. That's why it's so important for REALTORS to get training.
CONTINUING EDUCATION (CE) SUCCESSFUL TENDENCIES OF REAL ESTATE CHAMPIONS Interviews with Real Estate Industry Top Producers
VOLUME I
ON SALE NOW 14.
$
Introducing Rita Santamaria's New Book Series Each volume is a collection of sales tips, networking advice, and success stories from Top Producing Texas Real Estate Agents and Brokers in a very readable and compact hardcover book. When it comes to real estate I know what works! The Top Producers in this book share their secret sauce to success. “Successful Tendencies of Real Estate Champions” by Rita Santamaria is a must read for anyone who wants to be in the know about real estate and increase their overall sales. - Barbara Corcoran, Real Estate Mogul, Author, Shark Tank Investor
Rita D. Santamaria Interviews with CEO and Founder of Champions School of Real Estate
Purchase Your Copy at www.ChampionsSchool.com/Success
95
www.ChampionsSchool.com/Austin
Strategies for Career Excellence
Insider's Guide to Commercial Real Estate 119 | 18-HOUR CE PROGRAM
119 | 18-HOUR CE PROGRAM
$
$
Designed to meet TREC Continuing Education requirements, this program covers a myriad of topics, including TREC legal updates, current and emerging technologies and their effect on business, and tips on how to make your business more successful in a changing world.
JUL 11 - 12 Thursday 8:30 AM - 12:30 PM Legal Update I 1:30 PM - 5:30 PM
Legal Update II
5:30 PM - 6:45 PM
Tech Update
Friday 8:30 AM - 5:30 PM
Strategies
Texas Complete with Broker Responsibility 119 | 18-HOUR CE PROGRAM
Open to the Public
Understand the ins and outs of the commercial real estate business and become familiar with the terminology and mathematics. By the end you will have a better understanding of how this unique area of real estate works and see commercial real estate in a whole new way.
JUL 10 - 11 Wednesday 8:30 AM - 6:45 PM
Insider's Guide
Thursday 8:30 AM - 12:30 PM Legal Update I 1:30 PM - 5:30 PM
Legal Update II
TREC Legal Update I &II 80 | 8-HOUR CE PROGRAM
$
Brokers who sponsor sales agents, broker of an entity or those authorized to supervise other licensees are required to take a 6-hour course on broker responsibility. In addition to the Broker Responsibility course, this program includes TREC Legal Update I & II, Tech Update, and the very informative elective How to Write and Understand a Policies and Procedures Manual.
512-244-3545
$
JUL 11 - 12 Thursday 8:30 AM - 12:30 PM Legal Update I 1:30 PM - 5:30 PM
Legal Update II
5:30 PM - 6:45 PM
Tech Update
Friday 8:30 AM - 3:30 PM
Broker Responsibility
3:30 PM - 5:30 PM
Policies & Procedures
TREC Legal Update I & II covers various topics related to changes in regulation, forms and standards of practice including legislative changes affecting property management and disclosures. Topics also include ethics requirements, fair housing, agency laws and DTPA. This 8-Hour Program is mandatory.
JUL 11 Thu: 8:30 AM - 5:30 PM
JUL 26 Fri: 8:30 AM - 5:30 PM
Online course options availabe at www.ChampionsSchool.com/real-estate/online
Broker #06-06-120-35367; Policies #02-00-060-34738; Strategies #08-00-129-33534; Tech Update #02-00-129-33533 Legal I #04-04-129-33197; Legal II #04-04-129-33198; Insiders #10-00-129-33555;
TREC #0005
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June 2019
Congratulations
AWARDS 2019
to our 2019 MAX Award Winners
Home of the Year Travisso - Lynmar II Drees Custom Homes
Masterplan Community of the Year Santa Rita Ranch
BEST LOGO DESIGN M Signature L&P Marketing
Builder of the Year David Weekley Homes
BEST INTERIOR MERCHANDISING OF A MODEL PRICED $200,000 TO $349,999 Legacy Trails – Bingham Village Builders Mary DeWalt Design Group
BEST SALES BROCHURE Winner - Developer Santa Rita Ranch L&P Marketing Winner - Community Province Tarrytown Brandon Miller Group Marketing & Sales Consulting Group BEST PRINT AD Sunfield Anderson Hanson Blanton
BEST INTERIOR MERCHANDISING OF A MODEL PRICED $350,000 TO $499,000 Travisso – Auburn Taylor Morrison BEST INTERIOR MERCHANDISING OF A MODEL PRICED $500,000 TO $700,000 Santa Rita Ranch – Terra Del Sol Giddens JNID Studios, LLC BEST INTERIOR MERCHANDISING OF A MODEL PRICED OVER $700,000 Travisso - Lynmar II Drees Custom Homes
BEST RADIO AD Santa Rita Ranch L&P Marketing Best 30–60 Second Video (BROADCAST OR YOUTUBE) Santa Rita Ranch L&P Marketing
BEST SINGLE FAMILY DETACHED HOME — $200,000 TO $349,999 — VOLUME BUILDER Bryson - The Peyton Plan Chesmar Homes Javier Amaro
BEST VIDEO — LONG FORMAT (OVER ONE MINUTE) East Shore David Weekley Homes
BEST SINGLE FAMILY DETACHED HOME — $350,000 TO $499,000 — VOLUME BUILDER Lakeside at Lake Georgetown Design 2441Coventry Homes Wes Major
JUDGES SPECIAL AWARD FOR COMMUNITY SPIRIT Chesmar Austin Gives Back Chesmar Homes BEST DIGITAL MARKETING CAMPAIGN Sweetwater Newland Communities Roni Hicks BEST SOCIAL MEDIA PROGRAM/CAMPAIGN Santa Rita Ranch L&P Marketing BEST WEBSITE Rancho Sienna Newland Communities Roni Hicks Agency BEST SPECIAL SALES PROMOTION Glimpse of The Grove M Signature L&P Marketing BEST SPECIAL EVENT Bryson Johnson Development Anderson Hanson Blanton BEST OVERALL AD CAMPAIGN Bryson Johnson Development Anderson Hanson Blanton
BEST SINGLE FAMILY DETACHED HOME — $500,000 TO $700,000 — VOLUME BUILDER Lakeside at Tessera on Lake Travis - Greystone Wilshire Homes Wes Major BEST SINGLE FAMILY DETACHED HOME — OVER $700,000 — VOLUME BUILDER Tallison David Weekley Homes BEST OUTDOOR LIVING SPACE — VOLUME BUILDER Abrantes - Cypress Model Scott Felder Home BEST PRODUCT DESIGN — SPECIALTY PRODUCT — VOLUME BUILDER (MULTI-GEN) Presidio Station David Weekley Homes BEST PRODUCT DESIGN — ATTACHED FOR SALE — TOWNHOME UNITS The Grove Brohn Homes Anne Ford BEST PRODUCT DESIGN — ATTACHED FOR SALE – 2-4 UNITS Madison Duplex LECASA Homes & Renovations Danze & Davis Architects, Inc.
BEST BILLBOARD Drees Custom Homes Anderson Hanson Blanton BEST SALES/WELCOME CENTER – DEVELOPER The Grove Store M Signature L&P Marketing BEST DESIGN CENTER — BUILDER Design Center Giddens Homes Jessica Nixon Interior Design BEST COMMUNITY AMENITY Wolf Ranch by Hillwood Communities Hillwood Communities Michael Hsu Office of Architecture-Architect Creative License Design-Interior Design TBG Partners- Landscape Architect Beacon Construction- General Contractor Brightview- Landscape Contractor
BEST PRODUCT DESIGN — ATTACHED FOR SALE OVER 4 UNITS 1010 W. 10 Mid City Development BEST URBAN INFILL PROJECT OF THE YEAR East Shore David Weekley Homes BEST DESIGN FOR A COMMUNITY Bryson BEST CUSTOM HOME $500,000 TO $699,999 LOW COUNTRY MEETS HILL COUNTRY Barron Custom Design BEST CUSTOM HOME $700,000 TO $1,000,000 Hand Farmhouse Custom Canyon Creek Homes Venture Four Architects
Custom Builder of the Year David Wilkes Builders
Developer of the Year Santa Rita Ranch
BEST CUSTOM HOME OVER $1,000,000 Parade of Homes Plan Hill Country Artisan Homes Kipp Flores Architects
BEST KITCHEN REMODEL — $50,000 TO $100,000 Old Lakeway Home Renovation Texas Artisan Homes LLC
BEST ONE OF A KIND HOME — NOT SPECIFIC CLIENT Hilltop Haven Schmidt Custom Homes Burleson Design Group
BEST KITCHEN REMODEL — OVER $100,000 Rusty Ridge David Wilkes Builders
BEST KITCHEN UNDER $50,000 — CUSTOM HOME Hidden Hills View - Kitchen Younger Homes Danze & Davis Architects, Inc. Haley Manning Design BEST KITCHEN $50,001 TO $100,000 — CUSTOM HOME Hand Farmhouse Custom Canyon Creek Homes Venture Four Architects BEST KITCHEN OVER $100,000 — CUSTOM HOME Parismina Ln Rivendale Homes Texas LaRue Architects Dawn Hearn Interior Design BEST MASTER BATH UNDER $50,000 — CUSTOM HOME Hand Farmhouse Custom Canyon Creek Homes Venture Four Architects BEST MASTER BATH $50,000 — $100,000 — CUSTOM HOME Lakemoore LECASA Homes & Renovations Cornerstone Architects Wheel House Austin (Interior Design) BEST MASTER BATH OVER $100,000 — CUSTOM HOME Parismina Ln Rivendale Homes Texas LaRue Architects Dawn Hearn Interior Design BEST SPECIALTY ROOM — CUSTOM HOME Hilltop Haven Schmidt Custom Homes Burleson Design Group BEST OUTDOOR LIVING SPACE UNDER $50,000 — CUSTOM HOME Hidden Hills View - Outdoor Space Younger Homes Danze & Davis Architects, Inc. Haley Manning Design BEST OUTDOOR LIVING SPACE $50,000-$100,000 — CUSTOM HOME Waterfront Outdoor Living Silverton Custom Homes Jason Grimm BEST OUTDOOR LIVING SPACE OVER $100,000 — CUSTOM HOME Parismina Ln Rivendale Homes Texas LaRue Architects Dawn Hearn Interior Design BEST INTERIOR DESIGN OF A CUSTOM OR SHOW HOME HAND FARMHOUSE CUSTOM Canyon Creek Homes Joey Hand- Interior Designer
BEST MASTER BATH REMODEL Lakeway Full Home Renovation Texas Artisan Homes LLC Jerry Jhaveri ROOKIE SALES PERSON OF THE YEAR — SELLING LESS THAN 2 YEARS Kaitlin McWhorter Chesmar Homes ON-SITE SALES PERSON OF THE YEAR Diane Hartman Pacesetter Homes ONLINE SALES PERSON/TEAM OF THE YEAR Nianne Van Bibber Pacesetter Homes YOUNG PROFESSIONAL OF THE YEAR Carrie Moorman Chesmar Homes SALES MANAGER OF THE YEAR – BUILDER Chelsea Timmons Pacesetter Homes MARKETING PROFESSIONAL OF THE YEAR — BUILDER Ashley Rust Legacy DCS CONSTRUCTION MANAGER OF THE YEAR — VOLUME BUILDER Blake Maynard Scott Felder Homes CONSTRUCTION MANAGER OF THE YEAR — CUSTOM BUILDER Christian Bingham David Wilkes Builders CONSTRUCTION SUPERINTENDENT OF THE YEAR — BUILDER Matthew Southwell Scott Felder Homes WARRANTY SERVICE PROFESSIONAL OF THE YEAR — VOLUME BUILDER Justin Allen David Weekley Homes TITLE INDUSTRY PROFESSIONAL OF THE YEAR Kim Menefee N-Title MORTGAGE INDUSTRY PROFESSIONAL OF THE YEAR Renée Damron CLM Mortgage LLC
REALTOR OF THE YEAR Sijo Vadakkan Trinity Group, Inc.
DESIGN CENTER CONSULTANT OF THE YEAR Jodi Baldwin Scott Felder Homes
LIFESTYLE DIRECTOR OF THE YEAR
BEST REMODELED PROJECT — UNDER $200,000 W32 David Wilkes Builders
WWW.HBAMAXAWARDS.COM | HOME BUILDERS ASSOCIATION OF GREATER AUSTIN | HBAAUSTIN.COM
Candice Roy Travisso
LIFESTYLE PROGRAM FOR A COMMUNITY Santa Rita Ranch
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A night at the Derby HBA MAX Awards 2019
1310 S 1st Street, Suite 100, Austin TX 78704 512-458-3730 ofc / 512-458-3736 fax info@austinrealpros.com www.austinrealpros.com
WORLD PEACE through Property Management
• • • • • • •
You receive first month’s management fee for your referral Your clients are returned when it’s time for you to sell their property Your client gets a professional team to care for their investment Over 60 years of combined experience in real estate Refer your clients to a company you’ve come to know and trust Commercial, Apartment, and HOA Management Services Ask us about our parallel marketing program
512-458-3730
Sales • Leasing • Property Management Agents! We have great opportunities to advance your career. Give us a call today! Giddens_RealtyLine_ad_ƒ.indd 1
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Clearwater
RANCH by KATIE AGNESS
L
ocated in Liberty Hill, Clearwater Ranch is a master-planned community that offers residents quality homes in a scenic environment, all with proximity to Austin. "Homeowners that move to the beautiful acreage community of Clearwater Ranch experience wide-open spaces without giving up big city conveniences," says William R. Hinckley, president of The Lookout Group, the developer of Clearwater Ranch. The recent expansion of the 183-A toll road has helped propel Liberty Hill’s growth. "Living in Liberty Hill gives you have access to Liberty Hill ISD’s highly rated schools, and you are close to Austin, major employers, great shopping, restaurants and excellent medical facilities," Hinckley says. "The expansion of the 183-A toll road was a game changer for Liberty Hill, and it is now a true rural boomtown with local conveniences being added daily and exemplary schools just moments away." However, Hinckley says the community is still able to maintain its history and charm. "Liberty Hill is growing at a pretty frenetic pace, but is taking steps to protect its sense of place a n d
William R. Hinkley president
AT NORTH AMERICAN TITLE
history," he says. "This is evident in the old downtown area that is enjoying a renaissance of sorts." Over 20 years ago, The Lookout Group purchased Drennan Ranch, a 600-acre bull pasture, and the land has since been developed into Clearwater Ranch. "The owners wanted to wait until Liberty Hill was ripe and ready for a community with high-level deed restrictions and executive housing before launching Clearwater," Hinckley says. Today, Clearwater Ranch is in the process of its third phase of development and has 35 sites available for presale. "There are two more phases in Clearwater Ranch with extensive creek frontage sites on both Bear and Lackey Creeks," Hinckley says. "A new Liberty Hill Fire Station will also be built in the community this year to lower insurance premiums and provide for immediate health and safety response times." Residents are able to purchase 1-acre homesites from three select builders: Sitterle Homes, Giddens Homes and Drees Homes. "To ensure quality and cohesiveness, Sitterle, Giddens and Drees make up our developer-controlled group of select custom builders," Hinckley says. "All homes must be wide-body in design, with a minimum of 65-foot slabs, which is appropriate for an estate setting. There are no front-loading, two-car garages or unsightly solid board fencing allowed, and we always have 100 percent first floor masonry on all new homes and underground utilities." Clearwater Ranch offers home styles, amenities and conveniences that cater to a variety of homebuyers. "We have a lot of families due to the top-rated Liberty Hill ISD schools, as well as retirees or empty nesters wanting to get out of the city," Hinckley says. "Our community has common areas, the Creekside park and a playscape area for residents to enjoy." Through quality homebuilders, comprehensive deed restrictions and a professionally managed homeowners association, Clearwater Ranch is able to preserve and grow property values long into the future, ensuring value for its residents. "There is not a better value in Central Texas than Clearwater Ranch," Hinckley says. "Here you can enjoy a larger home on an estate lot for the same price as a traditional lot in the typical Austin area subdivision." RL
YOUR CLOSING PROFESSIONALS
WE BELIEVE CUSTOMERS DESERVE PREMIER SERVICE North American Title has cultivated a team of qualified and experienced escrow professionals to ensure your expectations are always exceeded. By choosing North American Title, you choose to work with knowledgeable and dedicated associates who provide skillful solutions to guide you through the closing process reliably, effectively and efficiently. Our reputation in the real estate industry attests to it. VISIT OUR WEBSITE:
www.nat.com/Texas
www.facebook.com/NATC.Austin
Karen Williams Managing Escrow Officer
Kim Corra Escrow Officer
e: lwillams@nat.com
e: kcorrea@nat.com
Ann Townsend Escrow Officer
Kelly Boring Business Consultant
e: atownsend@nat.com ®
e: kboring@nat.com c: 512.622.0879
ROUND ROCK 1 Chisholm Trail | Suite 3100 Round Rock, TX 78681 512.255.6550 | FAX: 512.255.9384
©2019 States Title Holding, Inc. and its subsidiaries. All Rights Reserved. States Title Holding, Inc. and its subsidiaries are not responsible for any errors or omissions, or for the results obtained from the use of this information. North American Title Company and related design are registered Service Marks of States Title Holding, Inc. or its subsidiaries. | TX 19-15198 R 05.29.19
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RL Advertising Partner: Independence Title
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Who doesn't love strawberries and champagne? Jennifer Wilhelm of Independence Title is betting on it! She showcased this beautiful cake at the TREPAC Cake Auction hosted by the Residential Real Estate Council and the Women's Council of REALTORS. RL Advertising Partner: Highland Homes
Tony Alayon, Dina Majd, Amanda Nguyen and Amy Tisdale, all of Realty Austin, attend Highland Homes' Halfway to Pop Those Prizes event where agents will receive cash prizes for selling Highland Homes.
Submitted Photo
26
JB Goodwin REALTORS Williamson County Office leasing managers Alyson McGee and Zac Barger, right, congratulate Wesley Steck who is recognized as the Top Lease Listing Agent for the first quarter at the company's first quarter awards luncheon.
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C lose on a custom Acreage Home in ClearWater Ranch and receive a $1,000 VISA Gift Card. It’s pure “Mad Money” and our way of saying THANKS for making ClearWater Ranch the #1 Acreage Estate Community in Liberty Hill. ›
Exemplary Rated Liberty Hill Schools
›
Three Model Homes Open Daily
›
From The Developers Of The #1 Master Plan in Austin – Crystal Falls
›
Unparalleled Value, More Home, More Room
›
Low $400s-$600s
›
Custom Homes From Drees, Giddens and Sitterle
CR 200
29 1431
183A 183
Austin
Subject to change without notice. To qualify, homes must fund between 9/1/2018 and 1/1/2020 and Realtors must be listed on the builder’s sales contract. © 2018 CLEARWATER RANCH I All Rights Reserved
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of Keller Williams Realty asks Sales Agent Andrew Saggiomo of Highland Homes if he has any more inventory in Siena so she can sell to qualify for more prizes at the "pop those prizes" — a promotion the builder is offering REALTORS who sell 2 Highland Homes by Sept. 2. Bailey
Rumsey
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P. O. Box 81366 • Austin, Texas 78708-1366 • (512) 514-3141 www.myrealtyline.com Publisher: Doren L. Carver doren@myrealtyline.com 512-514-3141
Associate Publisher: Tawanna K. Verock tawanna@myrealtyline.com 512-965-0057
Managing Editor: Contributing Editor: Naomi Bludworth Caroline Carver naomi@myrealtyline.com caroline@myrealtyline.com Linda McNabb
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Contributing Writers: Photographer Riki Markowitz, Katie Agness, Melanie Mitchell Naomi Bludworth melanie@myrealtyline.com 512-413-1706 ADVERTISING SALES: Columnists: Doren L. Carver Kevin Scanlan, Cyndi Bell, Becky (512) 514-3141 Collins, Jennifer Lish
The Williamson County (WC) team at JB Goodwin REALTORS celebrated some big wins at the company's first quarter awards ceremony. WC Sales & Leasing Manager Ken Pearson, WC Vice President Tammy Gardner, WC agent Karen McGrath, and J.B. Goodwin were all smiles as they prepared for another fantastic year in real estate.
SUBMISSION GUIDELINES: ubmit photos, press releases and calendar items to naomi@myrealtyline.com. All S images must be at least 300 dpi and include a caption with first/last name and company affiliation. Press releases must be fewer than 300 words. Non-advertisers submitting calendar items will be charged $25 per submission. All submissions must be received at least seven calendar days before ad copy deadlines. Submission items will be included as space allows. RealtyLine is published monthly by Caxton Publications, Inc.© as a non-subscription publication for the more than 12,000 members of the Austin Board of REALTORS® (ABoR), the more than 1,800 members of the Williamson County Association of REALTORS® (WCREALTORS) and the Home Builders Association (HBA) of Greater Austin. RealtyLine is a proud member of the Austin Board of REALTORS®, the Williamson County Association of REALTORS®, the Home Builders Association (HBA) of Greater Austin and is an honorary member of the Women’s Council of REALTORS. RealtyLine is not responsible for opinions or facts expressed by non-staff writers or for errors and any by-products in advertising or editorial copy. REALTOR® is a registered trademark. The word REALTOR® sometimes appears in this publication without the registered trademark symbol (®) to save space. Wherever the word REALTOR® appears in this publication, the registered trademark should be assumed. Submitted Photo
Local VA Loan Experts at Your Service Veterans United Home Loans in Austin offers: Specializing in VA and VLB Loans Complimentary credit consulting No lender fees (except with VLB Loans) VA Loan classes at ABoR (2-hour CE)
Get more info and reach your local VA Loan expert at (512) 646-0800 or AustinVALoans.com!
3415 Greystone Dr, Ste 301, Austin, TX 78731. Licensed by the Texas Dept. of Savings and Mortgage Lending, Mortgage Company License #1907; 77193 Servicer License - Corporate (Missouri) Office: Texas-SML Residential Mortgage Loan Servicer Registration #1907. VA approved lender; Not a gov’t agency. NMLS #1907 (nmlsconsumeraccess.org).
Chad Bowman
U.S. Marine Veteran Branch Manager, NMLS 191475
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DISCOVER THE
ROUGH LIFE
30+ HOMES ON LAKE TRAVIS READY FOR BACK-TO-SCHOOL
PRICE
ADDRESS
BED / BATH
SQ. FT.
FLOORS
EST. COMPLETION
BUILDER
$419,223
119 Cartwheel Bend
3 / 2.5
1,708
1
June
Village Builders
$422,100
105 Cartwheel Bend
3 / 2.5
1,708
1
September
Village Builders
$422,765
135 Cartwheel Bend
3 / 2.5
1,701
2
NOW
Village Builders
$429,814
218 Gulfton Street
3 / 2.5
2,188
1
August
Brookfield Residential
$434,965
107 Cartwheel Bend
3 / 2.5
1,858
1
September
Village Builders
$438,540
117 Cartwheel Bend
3 / 2.5
1,708
1
June
Village Builders
$489,900
214 Sumalt Gap Way
3/2
2,282
1
September
Drees Homes
$499,284
216 Gulfton Street
3/3
2,755
2
August
Brookfield Residential
$499,900
104 Maddy Way
3 / 2.5
2,365
1
NOW
Coventry Homes
$516,900
204 Sumalt Gap Way
3/2
2,262
1
September
Drees Homes
$538,990
214 Vista Village Cove
3 / 2.5
2,422
1
June
Scott Felder Homes
$562,655
619 Anfield Circle
5 / 4.5
3,329
2
September
Century Communities
$562,900
212 Sumalt Gap Way
4/4
2,922
2
September
Drees Homes
$566,423
309 Borgo Allegri Cove
5 / 4.5
3,398
2
August
Century Communities
$573,900
211 Sumalt Gap Way
4 / 4.5
2,907
2
NOW
Drees Homes
$597,990
405 Forza Viola Way
4/3
2,796
1
NOW
Scott Felder Homes
$599,900
216 Sumalt Gap Way
4/3
3,188
2
August
Drees Homes
$599,975
202 San Donato Drive
4 / 3.5
3,266
2
September
Westin Homes
$607,810
403 Forza Viola Way
5/4
3,687
2
September
Brookfield Residential
$617,243
201 Everton Cove
4 / 3.5
3,286
2
August
Century Communities
$634,990
303 Coopers Crown Lane
4/3
2,950
1
NOW
Scott Felder Homes
$646,445
394 San Donato Way
4 / 3.5
3,613
2
August
Westin Homes
$649,990
210 Coopers Crown Lane
5/4
3,362
2
NOW
Brookfield Residential
$654,257
487 Anfield Circle
4 / 3.5
3,625
2
August
Westin Homes
$683,935
395 San Donato Drive
5 / 4.5
3,736
2
August
Westin Homes
$775,000
202 Bisset Court
4 / 3.5
3,001
1
NOW
Wes Peoples Homes
$974,655
312 Bisset Court
4 / 3.5
5,003
2
NOW
Westin Homes
$989,881
107 Bisset Court
4 / 3.5
4,347
2
August
Westin Homes
$994,772
310 Bisset Court
4 / 3.5
4,347
2
September
Westin Homes
$999,745
109 Bisset Court
4 / 3.5
5,003
2
August
Westin Homes
$1,081,964
105 Bisset Court
5 / 5.5
4,860
2
August
Westin Homes
Semi-Custom & Custom Homes on Lake Travis from the $300s to $3 Million+
BROWSE AVAILABLE HOMES AT ROUGHHOLLOWLAKEWAY.COM Nine Model Homes & Welcome Center Open Daily • 512.872.4304
Developed by Legend Communities. Exclusive sales and marketing by Legacy International Resort Properties. Obtain the property report required by federal law and read it before signing anything. No federal agency has judged the merits of value, if any, of this property.
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RL Advertising Partner: Austin Title
Mendy Wright, second from left, of RE/MAX Town & Country and Noelalee Ragle, right, of Austin Outdoor Living Group are excited to see Independence Title in Liberty Hill. They got a tour of the new office from Independence Title's Debbie Dubelbeis and Dusti Herman.
RL Advertising Partner: Independence Title Download Photo: RL_061219_H.jpg for FREE at myrealtyline.com
RL Advertising Partner: Highland Homes
Coldwell Banker United, REALTORS honors Jacquelyn Foreman, the company’s No. 1 individual sales associate for selling over $26 million in sales volume for 2018. She was also honored among the Top 50 Agents by the Austin Business Journal. Pictured with Jacquelyn are Austin President David Pruitt and Coldwell Banker Texas President Charles El Moussa.
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Christine So of Realty Austin wins cash at Highland Homes' Halfway to Pop Those Prizes event where they awarded agents with cash money for selling Highland Homes. There is still time for you to participate. Sell two homes by Sept. 2 and you will win too!
Stephanie Marek, Cheryl Scully and Felisha Nwoko, all of Austin Title Company, toast their salsa because it's so good, you could drink it! They showed folks their salsa and their service are "on fire" at the WCREALTORS TREPAC Salsa Contest.
Submitted Photo
Prizes!
THOSE $3k
$5k
$4k
x2
& SEPTEMBER 2, 2019
SELL 2 HIGHLAND HOMES BETWEEN
JANUARY 1
x4
x3
It takes more than luck
to have a great closing Trinity Title calls on our wealth of experience and industry knowledge to bring insight, expertise, and efficiency to all your real estate transactions.
Let’s work together on your next transaction!
AND JOIN US AT OUR EXCLUSIVE PARTY IN SEPTEMBER! THOUSANDS IN PRIZES! THE MORE YOU SELL, THE MORE YOU WIN! ELIGIBILITY REQUIREMENTS: ALL QUALIFIED SALES MUST BE ORIGINAL CONTRACTS WRITTEN BETWEEN JANUARY 1, 2019 AND SEPTEMBER 2, 2019. ONE (1) FINAL EVENT INVITATION PER QUALIFIED REALTOR. PARTICIPATION IS NON-TRANSFERABLE. HIGHLAND HOMES LTD HAS SOLE DISCRETION IN DETERMINING WHETHER THE ELIGIBILITY REQUIREMENT IS MET FOR EACH SALE. ONLY ONE REALTOR NAME IS RECOGNIZED PER SALE. OFFER VALID ON AUSTIN HIGHLAND HOMES ONLY. PLEASE SEE A SALES COUNSELOR FOR MORE INFORMATION. AUS 010119
(512) 342-8993 | WWW.TRINITYTITLETX.COM
AUSTIN | OAK HILL | ROUND ROCK | LAKEWAY | BASTROP
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Winner, Mexican
winner, dinner! Christy Gessler, Ruby Johnson and Michelle Gundlach, all of Freedom 512 Real Estate, served up the winning salsa recipe at the WCREALTORS Salsa contest where they raised money for TREPAC!
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AYREP members Bill Olsen, Nancy Davidson and Audrey Olsen join other AYREP members to network and help raise money for Austin Pets Alive at the group's annual charity bash.
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Eric Gaylord shows off his construction skills while volunteering with ABoR during the board's volunteer day.
LiveOak on Spicewood Springs 1st homes complete in June. Model opens this month.
Get this actual view off your back porch of any of these homes. Homes Ready Soon!
Acclaimed Eanes ISD
Phase One Close Out Special Incentives. Come visit today!
10 luxurious, custom townhomes remain with a July move-in! 4323 Spicewood Springs Road, 78759 is NW Austin’s premiere lock & leave lifestyle with private backyards, greenbelt views & designer upgrades. First floor masters, spacious living areas with convenient access to shopping, dining and retail. Priced from the $490’s. For a private tour, call (512) 994-4151. Special offers on select units now.
Privacy & Exclusivity in this Gated Garden Home Enclave in Bee Cave Introducing 9 exclusive new homes in top selling Eanes ISD and ideal for those looking to gain complete privacy without sacrificing the conveniences Austin and Bee Cave have to offer. Nestled just minutes from 360, this gated enclave offers homes from the high $500’s with creek and greenbelt lots backing up to Seven Oaks. Sales Office open daily, call John at 512-750-3127. Located at 611 Cuernavaca Drive N., Austin, Texas 78733
*Prices, terms, specifications, and availability are subject to change without notice. Subject to rules and regulations of the City of Austin. See Sales Associate for details.
WesPeoplesHomes.com
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RL Advertising Partner: KB Home
33
June 2019
RL Advertising Partners: Southwestern Title Agency & Keller Williams Realty
Diana Weeks and Rebecca Canby, both
of Keller Williams Realty, enjoy the derby-themed cocktails and snacks with friends and colleagues at Southwestern Title Agency's Cocktail Soiree in Round Rock.
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RL Advertising Partner: Independence Title
Independence Title President Brian Pitman, Heather Gaddes and Eric Phillips invite agents to check out their new digs in Liberty Hill. With all the growth in the area, the company has now made it more convenient to close homes nearby.
Hope Wells of Stanberry & Associates and Bud Bradford of KB Home team up to play a round of golf at the WCREALTORS annual golf tournament where Bud had an opportunity to give Hope an update on the dozens of homes KB Home has ready for move-in.
Download Photo: RL_061219_C.jpg for FREE at myrealtyline.com
at
HOME with
KEEP I NG COOL
Everything at Caliterra, in Dripping Springs has been developed (or left undeveloped) to make you
,
feel at home with family friends and nature
,
–
including The Cove our awesome resort-style
The Cove – Opening E arly June e O ut For A Com Sneak Peek!
pool complex opening soon! Visit today to discover why nothing feels better
– or more natural –
than coming home to Caliterra.
CaliterraLiving.com Homes from $300s - $800s
Drees Custom Homes 512-270-5098 Brookfield Residential 512-270-5094 Scott Felder Homes 512-501-6704
Gated Custom Homes from $900s+ 512-501-6777 Alkire Construction Arbogast Custom Homes Lake Travis Builders Sommerfeld Construction Sterling Custom Homes
290 35 12
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June 2019 www.myrealtyline.com
SUMMER
NOW - JUNE 30TH
SALES EVENT
NEW NORTH AUSTIN HOMES
AVAILABLE NOW IN FOUR STUNNING BLACKBURN COMMUNITIES SAVE BIG With four unique communities in premier North Austin locations, you are sure to find the perfect home for your clients this summer. www.diamondoakstx.com These locations are all conveniently located to the area's best shopping, dining, top employers, recreation, entertainment, schools and more! Visit us today to find out more about our Simply Summer Savings event to help your clients personalize their homes. Round Rock Locations: Diamond Oaks & Gardens at Mayfield
Pflugerville Location: Trails at Blackhawk
Austin Location: The Crossing at Wells Branch
EXPLORE OUR COMMUNITIES AT: www.blackburncommunities.com
austin
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Austin Board of REALTORS Legislative Update The 181 members of the Texas Legislature meet for 140 days every two years to conduct the state’s business. This year’s session brought several critical advancements for the real estate industry and private property rights. Your state association analyzed every piece of legislation that was filed and tracked 2,784 of the 7,851 bills and resolutions because of their potential to directly or indirectly affect real estate. As the strongest advocates for real estate in our state, Texas REALTORS fought hard — and your efforts paid off, earning several important victories for every taxpayer and property owner. PROPERTY TAX REFORM Thanks to REALTORS’ efforts advocating to improve the state’s property tax system, lawmakers found a way to limit the growth of property taxes and provide taxpayers with more proactive, transparent information about the process that determines their property tax bills. In the new law, most cities and counties will be subject to a 3.5 percent rollback rate and have automatic elections if they propose a tax rate that exceeds the rollback rate. We’ll also have enhanced transparency for taxpayers. For instance, Central Appraisal Districts are each required to create an online database to show property owners how proposed tax rate changes would affect their own property tax bills. The database will include the date, time and location of public hearings when each of the taxing entities are setting their tax rates so taxpayers have a convenient way to provide feedback online. SCHOOL FINANCE REFORM After years of attempts, we finally have a comprehensive reform of the state’s public school finance and property tax system. The result will decrease the burden on local property taxpayers while increasing the state’s investment in educators and students. Check out TheTexasPlan.com for details. Here are a few highlights: • Lowers school property tax rates statewide • Increases the state’s share of education funding from 38% to 45% • Reduces recapture by 47% ($3.6 billion) in the next biennium • Raises the basic allotment from $5,140 to $6,160 per student, benefiting all school districts. Ending forced annexation statewide A new law ends the practice of forced municipal annexation statewide, finally giving property owners a say in whether they are annexed. If a municipality seeks to annex an area into its limits, the municipality must now hold an election for the affected residents to decide whether they wish to be annexed. MORE ACCESS TO HOME EQUITY Beginning Jan. 1, 2020, property owners will be able to use agricultural land as collateral for a home equity loan. In 2017, voters approved a REALTOR-supported constitutional amendment to modernize the home equity lending process for property owners. This new law further updates those provisions to allow more homeowners the ability to access the hard-earned equity in their homes while maintaining the strong consumer protections in the Texas Constitution. TREC SUNSET REVIEW In 2018, the Texas Real Estate Commission underwent what’s known as sunset review — a process for state agencies during which Texas Sunset Advisory Commission staff evaluate the agency and issue recommendations for positive change. Your state association worked on your behalf with the Sunset Commission and staff on final recommendations for TREC that lawmakers supported. This legislation implements the Sunset Commission’s recommendations for the Texas Real Estate Commission, such as extending TREC for six years, allowing the agency to maintain its self-directed-semi-independent status, and requiring additional reporting to the legislature, governor and Sunset Commission. DISASTER RECOVERY AND PREVENTION After the devastating effects of Hurricane Harvey and other recent natural disasters were experienced across the state, lawmakers passed several bills that will increase resources for property owners affected by disasters and created disaster recovery and prevention plans. ON THE NOVEMBER BALLOT
To advertise in RealtyLine call Doren at 512-514-3141
Voters statewide will have 10 constitutional amendments on the Nov. 5 ballot — two are directly related to Texas real estate. One will create a fund to aid in financing flood mitigation projects, and another will provide a temporary property tax exemption for qualified property damaged by a disaster.
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The HEAT of
Real Estate Season is on! At TNT, we’re always thinking of new ways to improve customer service for our relocation and locally migrating closing customers. This summer, we’re introducing a myriad of NEW marketing material showing off why the Austin area is the cooolest place to live. Use these Central Texas “hotspot” materials to treat your customers to best summer ever that awaits... right outside their own back door.
How to find the fun:
www.texasnationaltitle.com/county/austin/tools
June 2019
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