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8 Best Interview Questions to Ask a REALTOR® When Selling a Home

Selling a home is one of the biggest financial decisions we face in life. There are so many facets to a home sale — from marketing and professional photography to understanding the laws, required disclosures, and rigid timelines. We work with many home sellers each day, and we’ve compiled the 8 best interview questions to ask a REALTOR® (or REALTOR® Team like The Power of 4/Team Excellence) in hopes that it will help you or someone you know when they’re considering a home sale. Let’s get started:

Best Interview Questions to Ask a REALTOR®

1) Are you a full-time professional real estate agent?
Why this is important: Knowing whether or not your REALTOR® markets and sells real estate full-time helps determine his or her commitment to your transaction. It also demonstrates the level of confidence she or he has in her/his abilities.

2) Do you have an administrative assistant, team or staff to handle different parts of the home sale?
Why this is important: It is not uncommon for agents who sell many houses each year to hire people to work with them. As their businesses grow, they must be able to meet and preferably exceed the expectations of their clients. The fact that they have a Team in place to help with various parts of the process of selling your home is a good indication that they are both talented and organized when it comes to selling real estate.

3) What is your marketing plan for my property?
Why this is important: Any REALTOR® you hire should be able to produce a multi-point marketing plan to market and sell your home. At a minimum, this should include services like professional photography, property video or virtual tour, social media marketing, networking with colleagues, promoting to their current database of buyers, and syndicating to real estate websites like REALTOR.com, Zillow, Trulia, and more. Request samples of their past marketing materials to get an understanding of what they plan to do for you.

4) How will you keep in contact with me during the selling process, and how often?
Why this is important: As with anything, it’s good to know and set proper expectations of how the process will look and feel. Many agents perform an “update call” either weekly or bi-monthly to keep their clients informed at all times. Great agents also stay up-to-date on the neighborhood competition and market trends and will often prepare updated comparative market analyses for you to review.

5) What is your list-to-sales price ratio, both over the last year and throughout your career? On average, how long do your listings stay on the market? How does that figure compare with other agents?
Why this is important: The proof is in the pudding. The list-to-sales-price ratio indicates what offer amount they were able to procure for their clients compared to the list price. A high list-to-sales-price ratio demonstrates negotiation savvy (the agent is able to keep the contract price close, at, or above the list price). The days on market figure shows how effectively they price and market homes. Both of these numbers are definitely among the best interview questions to ask a REALTOR®

6) Will you give me names of past clients and may I call them?
Why this is important: Interviewing an agent is similar to interviewing someone to work in your office. Contacting references is a reliable way for you to understand how she or he works, along with whether or not her/his style is compatible with your own.

7) How will you get paid? How are your fees structured?
Why this is important: In many areas, the seller pays all agent commissions. Sometimes, agents will have other small fees, such as administrative or special service fees, that are charged to clients, regardless of whether they are buying or selling. Be aware of the big picture before you sign any agreements. Ask for an estimate of costs from any agent you contemplate employing.

8) How would you develop pricing strategies for our home?
Why this is important: Although location and condition affect the selling process, the price is a primary factor in determining if a home sells quickly or at all. Access to current property information is essential, and sometimes an appraisal by a certified appraiser can help. Ask your agent how they created the market analysis they used to price your home, and whether your agent included For Sale by Owner homes, foreclosed homes and bank-owned sales in that list.

At The Power of 4/Team Excellence, we work with many home sellers each day, and we hope that these 8 best interview questions to ask a REALTOR® has been helpful to you or someone you know. If you’re considering putting your home on the market, we’d welcome the opportunity to share with you how we’re different from the rest.

Give us a call or email us anytime. We’re always here for you.

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5 Weekend Home Projects with High-Resale Value

As much as you love your home, one day you may find yourself moving on – either for a new job, a growing family, or to prepare for retirement. When that day comes, you’ll want to get as much for your property as possible and in general, the more updated your home is, the more it is worth. With that in mind, there are some things you can do ahead of time to ensure you get the most for your investment. These five weekend home projects have a high potential to increase your home’s value:

weekend home projects

Repaint the Kitchen Cabinets
The kitchen is one of the most important rooms of the home, especially to potential buyers. On top of that, buyers expect them to be updated with stone countertops, stainless steel appliances, custom cabinetry and more. While these are expensive to update, there is something you can do to improve the space: repaint your kitchen cabinets. Pick a neutral hue, add some new hardware and you’ve created a brand-new look to your kitchen.

Add Crown Molding
Why does one home’s interior appear larger than the other when most have the same ceiling height? Simply a decorative touch at the top of your ceiling, crown molding can make any room feel larger while adding a luxurious touch. Plus, it’s easy enough to complete in just a weekend – especially if you just focus on the home’s main living spaces: dining room, living room, etc.

Boost Curb Appeal
Curb appeal is everything. Well, everything to getting the potential buyer inside the home. You can improve yours by doing the following: mowing the lawn, landscaping, sprucing up your flowerbeds, fixing your garage door, repainting the front door, adding new home numbers, etc. Keep going by tackling the backyard, too! As outdoor living is becoming increasingly popular, consider adding a nice seating area with a fire pit, an outdoor kitchen, some attractive landscaping and more.

Update the Bathrooms
A spa-like bathroom will “wow” any buyer that tours your home. To achieve a desirable bathroom, update the light fixtures, cabinets, hardware and if you’re feeling especially handy, the countertops and tile.

Anything Dated Must Go
If your home looks like it is stuck in the 70s, 80s or 90s, then it needs to be updated pronto. Some design features you should remove immediately include old-school wallpaper, floor-to-ceiling wood paneling and popcorn ceilings.

Complete these weekend home projects and watch the value of your home increase.

Looking for additional weekend home projects? Give our team a call. We would be honored to share our expertise with you.

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10 Spots You Often Overlook When Cleaning the Bathroom

As spring begins, we enter the annual season known as “spring cleaning.” Whether your goal is to start the season fresh with a clean home or you’re considering selling, there are specific areas of the home you should focus on more than others. One of those rooms happens to be the bathroom. Often one of the dirtiest places in the house, the bathroom is usually the one we want the cleanest. To ensure a sterilized and fresh space, make sure you don’t forget these 10 spots you often overlook when cleaning the bathroom:

The Showerhead
Mineral deposits found in water can often build up and affect the showerhead. Ensure you keep the jets in the nozzle clear by spraying the showerhead with a mixture of 50 percent white vinegar and 50 percent water. Let the mixture sit for a few minutes and then wipe clean with a dry cloth. Do this every week.

The Base of the Toilet
When cleaning the toilet, it’s normal to just focus on the bowl, seat, lid and the top of the tank. However, there is more to it than that. The underside of the bowl and the plumbing piping behind the toilet can be just as important to the bathroom’s overall cleanliness. For the hard-to-reach places, try using a steam wand to disinfect and then a cloth to wipe it down.

Lighting
Use a microfiber cloth to wipe down the bathroom light fixtures. Do this by turning off the light and wiping down the inside and outside of the fixture as well as the bulb.

Sink, Bathtub and Shower Drains
Drains can get clogged with hair over time. To prevent having to snake the drain, complete regular maintenance by removing the drain or drain cover, rinsing it and using a soft bristled brush to clean the inside.

Air Vents, Fans and Returns
Keep the air circulating your bathroom fresh and clean by dusting and disinfecting the exhaust fan. While you can simply just dust the source, it is usually better to remove the cover and deep clean with a vacuum. If you can’t remove the cover, spray your dust want with 50 percent white vinegar and 50 percent water solution with a few drops of tea tree oil. This combination will naturally disinfect the air.

Bath Toys
Over time, mold can build up in your children’s bath toys. How can you prevent this? First, make sure they are completely dry before packing them away. Second, wash the toys regularly in a tea tree oil, white vinegar and water solution.

Inside the Faucet
Just like with the showerhead, mineral deposits can also build up in your faucet spout. To prevent this and maintain your water pressure, disassemble the nozzle and clean the aerator with white vinegar. For a deeper clean, use a stiff-bristled brush dipped in vinegar to keep the faucet clean.

Drawers
Makeup, hair and more can build up in the bottom of your bathroom drawers. Once a month, remove everything from the drawer, do a quick wipe down and then reorganize the contents. Not only is it now clean, but it is also more organized.

Exposed Plumbing
Visible pipes should be wiped down every six months or so. Simply spray a diluted white vinegar solution and wipe them down for a clean and shiny appearance.

Stay tuned! Next month, we’ll give you some tips on cleaning overlooked areas of the kitchen! Happy “spring cleaning” season!

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How to Buy a Home in a Competitive Market

With homes flying off the market for top-dollar value and little-to-no inventory, one thing is certain about the real estate market: we are in a seller’s market. In addition to the rising home values, rent prices are also increasing – causing more people to decide to buy a home. While this may sound like a good thing, the increase in traffic and low inventory of homes available is not boding well for buyers. Why? To put it simply, they don’t have enough time to find and make an offer on a home they like. How do you compete in Central Texas’ hot market? Here are five tips to help you buy a home in our competitive market:

Competitive market

Get Loan Pre-Approval
Unless you are paying in cash, you are going to need to take out a loan to buy a home. To receive loan approval, a lender needs to look at your credit, debt, assets and more. Now, if you want to be competitive in a tight market, pay attention! Before you even begin searching for homes, you should visit a lender and receive pre-approval. What does this mean? Basically, it means that a lender has examined your financial situation and determined how much mortgage you can afford. DO NOT start viewing homes until you have this letter in hand. Why? To a seller, this pre-approval letter shows that you are a serious buyer and you can financially close the home. If you walk into a situation without this letter, a seller may pass you up for another buyer.

Avoid Contingencies
While contingencies can protect you as a buyer, they will more than likely place your offer at the bottom of the pile. This is a problem if you are buying in a competitive market. If you want your offer at the top of the stack, ensure your offer is appealing to the seller – i.e., no contingencies.

Make a Strong Offer
In a normal market, submitting an offer below list price is realistic. Even then, you have to be practical with your offer as offering 10 percent below the asking price will quickly turn off the seller. However, this changes even more in a competitive market. Trusting an experienced real estate agent is in your best interests in this situation.

Gather Your Best Down Payment
While the average down payment is around 7.6 percent of the median sale price, according to ATTOM Data Solutions, it is advisable to submit a larger down payment. How come? Sellers are more likely to accept an offer with a more substantial down payment. To a seller, this signals the buyer is more likely to qualify for a mortgage.

Look for a Hidden Gem
Turn-key homes are generally in higher demand than homes that require renovations. With this in mind, a home that doesn’t include everything on your wish list may come with less competition and a lower selling price. This home, while requiring renovations, could be customized into your dream home. Just one thing here: don’t pick a home that needs too many improvements. Why? It may end up costing you more than you saved – housing code regulations, foundation problems, etc.

In general, it is important to search for ways to show you are a serious buyer – especially in a competitive market. A buyer with a pre-approval letter, a substantial down payment and more, are more appealing to a home seller and make you more competitive.

Do you have any questions about buying a home in the Central Texas area? Contact us today!

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Shop Local in Georgetown, TX

In our small-town community, we always strive to support Georgetown’s local businesses. Although, local isn’t always easy to find. To help you support our community, we’ve compiled a list of shops so you can shop local in Georgetown, TX:

shop local

To Wear:

  • Adore Boutique
    • 4410 Williams Drive, Ste. 102
    • Hours: Tuesday through Friday from 10 a.m. to 6 p.m. and Saturday from 10 a.m. to 3 p.m. Closed on Sundays and Mondays.
  • Brazos Market 
    • 820 S. Austin Ave.
    • Hours: Monday through Thursday from 10 a.m. to 6 p.m., Friday and Saturday from 10 a.m. to 7 p.m. and Sunday from 12 to 4 p.m.
  • Diva Chicks Boutique
    • 109 E. 7th Street
    • Hours: Monday through Thursday from 10 a.m. to 5:30 p.m. and Friday and Saturday from 10 a.m. to 7 p.m. Closed on Sundays.
  • Mesquite Creek Outfitters
    • 704 S. Austin Ave.
    • Hours: Monday through Saturday from 10 a.m. to 10 p.m. and Sunday from 12 to 6 p.m.
  • Pink Poppy ARTisans Boutique
    • 114 W. 8th Street
    • Hours: Monday through Saturday from 10 a.m. to 6 p.m. and Sunday from 1 to 5 p.m.
  • Threads Urban Collective Boutique 
    • 415 W. 10th Street
    • Hours: Monday through Saturday from 10 a.m. to 6 p.m. Closed on Sundays.

Electronics:

  • Georgetown TV & Audio
    • 4201 E. University Ave.
    • Hours: Monday through Friday from 9 a.m. to 6 p.m. and Saturday from 9 a.m. to 3 p.m. Closed on Sundays.

For the Home:

  • Texas Bright Ideas
    • 1013 W. University Ave., Ste. 225
    • Hours: Monday through Friday from 9 a.m. to 6 p.m. Closed on Saturdays and Sundays.

Eats & Drinks:

Wine & More

  • Georgetown Winery
    • 715 S. Main Street
    • Hours: Monday through Thursday from 11 a.m. to 6 p.m., Friday and Saturday from 11 a.m. to 8 p.m. and Sunday from 12 to 6 p.m.
  • Stanzeski’s Cheese, Wine & Charcuterie
    • 103 N. Austin Ave., Ste. 310
    • Hours: Tuesday through Friday from 10 a.m. to 6 p.m. and Saturday from 11 a.m. to 4 p.m. Closed on Sundays and Mondays.

Sweets

  • Stellar Bakes
    • 710 S. Austin Ave.
    • Hours: Tuesday and Wednesday from 11 a.m. to 6 p.m., Thursday and Friday from 12 to 9 p.m., Saturday from 11 a.m. to 9 p.m. and Sunday from 1 to 5 p.m. Closed on Mondays.
  • Sugar Mommy’s
    • 1501 Park Lane, Ste. 104
    • Hours: Tuesday through Thursday from 9 a.m. to 3 p.m., Friday from 9 a.m. to 6 p.m. and Saturday from 9 a.m. to 12 p.m. Closed on Sundays and Mondays.
  • Woops Bake Shop
    • 1502 Rivery Blvd., Ste. 2155
    • Hours: Monday through Friday from 7 a.m. to 9 p.m., Saturday from 8 a.m. to 9 p.m. and Sunday from 9 a.m. to 8 p.m. 

Gift Baskets

  • Texas Treats
    • 107 Halmar Cove
    • Hours: Monday through Thursday from 8:30 a.m. to 5 p.m. and Friday from 9 a.m. to 1 p.m. Closed on Saturdays and Sundays.

These businesses are some of the best destinations to shop local in our community! However, this list is not comprehensive. Please contact us if you are looking for something in particular!

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Happy in Homestead Knowledge

Homestead Exemptions

Now that the New Year has begun, there are many things to accomplish. They might be resolutions, or they might be friendly competitions, but one thing you might not have considered important is filing for a homestead exemption. If you are not sure what that is, we’ve got all the resources you need:

You might be wondering, “What is a homestead exemption?” To put it frankly, a homestead exemption is when you remove a portion of your home’s value from taxation. What does this do? It lowers your yearly property taxes! To qualify, the property you are applying for must be your primary residence – the address of the property must match the address on your driver’s license (as this is what you need to apply). Second, the home must have been purchased before January 1st of the current tax year – if it wasn’t, you have to wait an entire year before applying. However, once you have applied, you do not have to apply again unless you move and take up residence at a new property or the appraisal district asks for you to re-apply.

You must file the homestead exemption in the county which the property is located. Simply go to the county’s website and follow the instructions. Here are links to the Travis and Williamson County websites.

Now that you know what it is, you are probably wondering how and when you can apply. Depending on your county, you can deliver the application in person, mail it to the appraisal office or complete it online! You have from January 1st to April 30th to apply for the exemption.

Now that you understand the basics of a homestead exemption, it’s time to apply! Not sure you can do it alone? Contact us, and we would be happy to guide you through the application process today!

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Resolutions for a better house this new year

Resolutions for a Better House this New Year

A new year brings about resolutions for a better future. Whether that is through the betterment of the body, or of the mind, it is essential to promise yourself to follow through on these improvements. So why not make resolutions in regards to the well-being of your house? Here are four resolutions to maintain your house to be in its best shape:

Resolutions for a better house this new year

  1. Cleaning Schedule
    Cleaning your house is usually no one’s favorite task, but it is important to do. The longer dirt and grime stay on floors, walls and ceilings, the harder it is to restore to pristine condition. That is why you should consider a cleaning schedule, to do a deep clean in certain rooms every once in a while. Try to deep clean a vital room and a bathroom every month. Start with the kitchen or the master bedroom and work your way through the rooms throughout the year. Maintaining this schedule also reduces stress levels during the holidays and other times you need a clean house for guests.
  2. Purge the Clutter
    While you are cleaning your house every month, you will more than likely come across items you do not need. This is the perfect time to declutter your room of unnecessary items. How do you decide if you need the item? Here are a couple tips: one – does it bring you joy?; and two – does it serve a purpose currently? If the answer is no to both of these questions, consider whether or not it is an item you should retain. Purging the clutter will not only ease the strain on your cleaning activities, but it will also make for an easier time moving in the future if you so choose.
  3. Switch to LED Light Bulbs
    Incandescent light bulbs are probably what you have always bought, and would probably prefer to keep buying. However, did you know that they don’t last as long, and cost more money to operate than LED bulbs? Understandably, the LED bulbs have a shocking price tag, starting at eight dollars in comparison to the dollar incandescent light bulb. While that seems like a lot of money, the money you save by buying only one light bulb every twenty years rather than twenty lightbulbs every twenty years makes a difference. Finally, incandescent light bulbs will no longer be sold after 2020…If the switch is imminent, why not improve your house today?
  4. Clean out the Dryer Vent
    Always clean out your dryer vent. Numerous house fires occur due to the negligence of the owner forgetting to clean out the dryer vent. This task takes about a minute to do and can save your house and your appliances many years. Be safe, be cautious and always check your dryer vents.

With these resolutions in mind, we hope you have a wonderful start to the new year. If you need further tips, tricks or help buying and selling homes, contact us as your trusted advisor. Happy New Year!

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New Year, New Local Hotspots

New Year, New Openings

The holidays are here and the new year is about to begin! In addition to welcoming in a new year, we too are welcoming new businesses to the Georgetown community. What can you expect in our area over the next year? Read on for a list of businesses announced or rumored to show up to Georgetown in the near future:

Tiff’s Treats

With plans to open a location at the Wolf Crossing development off West University Avenue to the east of Wolf Ranch Town Center, warm and delicious cookies are making their way to Georgetown! The new Tiff’s Treats will open in 2019 and offer the same cookies and delivery service as all other shops – warm cookies delivered right to your door with either milk or ice cream!

The Well

Expected to open in January, this new food, wine and whiskey establishment is a rocking spot for a night on the town. The Well’s atmosphere is similar to that of a “speakeasy” with furniture lined with leather, iron and wood enhancing the industrial essence of the property.

The Summit at Rivery Park

This high-end mixed-use development, located next to the Sheraton Georgetown Hotel and Convention Center is an exciting addition to our town. With new restaurants, office space and living accommodations, this place is promising to be the Domain of Georgetown, or even better!

Natural Grocers

Are you in need of a new organic grocer? Rumored to open soon, the Natural Grocers is located on University Avenue, just west of Wolf Ranch. Now you can get all of your favorite organic foods in a convenient location!

Fortune Garden Chinese – Vietnamese Restaurant

Does this restaurant sound familiar? Fortune Garden has a location in Round Rock and is set to open a new location in the Wolf Ranch Town Center this upcoming January. This Vietnamese-Chinese restaurant is sure to satisfy your Asian food cravings.

Arby’s

Finally, we can expect an Arby’s to open its doors off of I-35 between the Discount Tire and the Wendy’s. There is no planned opening date as of yet. But, stay tuned! Your roast beef sandwich will soon be a reality.

That’s the latest news of what’s coming to Georgetown!
Do you have any questions about the Georgetown community? Contact us anytime. We would be happy to provide guidance.

Resource:
https://hellogeorgetown.com/coming-soon- georgetown-texas/

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Hill Country Holiday Events

While there are always countless events to enjoy within the greater Austin area, there are also some great options just a short drive away. Head out for a day trip, or spend the whole weekend, at one of these six Hill Country holiday events:

Hill Country Holiday Events

Hill Country Holiday Events

 

Marble Falls’ Walkway of Lights
November 17 to January 1
Located just a short drive from Georgetown is Marble Falls’ Walkway of Lights. Gaze upon more than two million dazzling lights at Lakeside Park on the Colorado River. At the conclusion of the 30-minute, on average, trail, visitors can snap pictures with Santa. However, be aware Santa is only available on weekends and holidays.

Johnson City’s Lights Spectacular
November 24 to January 1
Head out to the home of president LBJ and enjoy a dazzling light display of more than one million LED lights adorning the local landmarks. But, that’s not it. Each weekend also offers other holiday fun – chuck wagon food court, living nativity performances and carriage rides.

Wimberley’s Holiday Trail of Lights
November 25 to December 28
Spanning eight acres, Wimberley’s Trail of Lights is truly a light display to behold. Enjoy more than 100 light displays, holiday concessions and quality time with the family at this free event (donations appreciated).

Boerne’s Christmas Light Fest
Thanksgiving to New Year’s Eve
View the lights of the season from the comfort of your car at Boerne’s drive-thru Christmas Light Fest. Cost of admission is $27 per vehicle. Holiday festivities continue at Santa’s Village, with holiday refreshments, and $15 hayrides, cruising through two miles of more than two million lights.

Burnet’s Main Street Bethlehem
December 1-3 & 8-10
Travel back in time to the ancient city of Bethlehem at Burnet’s Annual Main Street Bethlehem event. At this old-time holiday affair, you’ll wander along the narrow streets of Bethlehem and experience a busy marketplace, Roman soldiers, beggars, livestock and the cave where Mary and Joseph have taken shelter.

New Braunfels’ Wassailfest
December 7
Toast to the holiday season with a glass of wassail, hot mulled cider, at New Braunfels’ Wassailfest. On Thursday, December 7 from 6 to 9 p.m. you and your loved ones can enjoy free samples of the event’s namesake, wassail, plus food, music, shopping and holiday lights. Sip on one of the signature drinks of the season while shopping for this year’s holiday gifts.

Grab your family or significant other and enjoy all the season has to offer at these Hill Country holiday events!

Do you have any questions about the Central Texas area? Give us a call. We love our community and would be honored to answer any questions you may have.

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Georgetown Austin Avenue

Georgetown in November

As November passes, so do numerous fun events. But have no fear, there are plenty left this month to enjoy right here in Georgetown! Check out this list with your family to enjoy a fun-filled holiday season:

Annie at the Palace

Annie at the Palace

Now – November 26th
A classic, Annie is a must-see for children of any age! Have your children had the privilege of seeing this great film? If not, you’re in luck! Annie is performing at the Palace for various dates until November 26.  Buy your tickets today and try not to get “It’s a hard-knock life” stuck in your head. Warning, your children will sing that song for days, if not weeks, following the show.

Georgetown Sip and Shop

Santa Shuffle

November 16th
From 5 to 9 p.m., enjoy the Santa Shuffle dressed in your most festive wear to get your glass filled by various vendors. Beverages, both alcoholic and otherwise, are provided with your $15 Santa glass that you will treasure for time to come. Not sold yet? Santa will be there, too! Purchase your tickets today to not miss out on this great event.

Georgetown Pistons on the Square

Pistons on the Square

November 18th
Come out to the square from 8 to 10 a.m. to see muscle, sport and antique cars along with various motorcycles on display. Bring an unwrapped toy for Operation Blue Santa and get a free cup of coffee from JeSuis Coffee. Have a blast while helping out a great cause.

Georgetown Turkey Trot

5th Annual Turkey Trot

November 23rd
Looking for a workout before Thanksgiving dinner? Head out to this year’s Turkey Trot which starts and finishes in downtown Georgetown. There will be both a five-mile untimed run and a one-mile walk along paths fit for strollers so that the whole family can join.

Georgetown Lighting of the Square

Lighting of the Square

November 24th
The must-attend event of the season is nearly upon us, the lighting of Georgetown’s town square the Friday after Thanksgiving. This free, fun and festive event is enjoyable for everyone. Stop by around 5:30 p.m. and join in the countdown, enjoy Santa and then proceed to the Williamson Museum to have your children make a free craft. They can even get a picture with Santa for a small fee benefitting the Brown Santa program.

Georgetown Small Business Saturday

Small Business Saturday

November 25th
What could be better than helping out Georgetown’s local small businesses? How about making an event of it! Receive a free map of all the participating shops and discover the secret word that enters you into the raffle for a Texas-sized basket of Shop Georgetown, Shop Small Fun! Curious what’s in the basket? Go check out the event to find out!

If you are looking for a place in Georgetown to be closer to all of these fun events, contact us today!

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