Kamis, 26 Maret 2009

Already Sold!

The only reason I have time to update my blog this week is that more than half of the houses that I've called on to schedule a showing have already been sold.  In fact, one house had an accepted offer at 6 pm on the very day it was put on the market.  I think it is safe to say that the $8000 first time home buyer tax credit is doing it's job to stimulate the real estate market.

I did a quick

Jumat, 20 Maret 2009

$1,000 Staging. Done Right or Done Wrong?

When a home stager is hired one of their primary responsibilities is to stage the property in a manner that best solves problems or perceived issues sellers may have with it. Unfortunately this may not always happen.

CASE IN POINT: Recently I received an Email  from Adam in Chicago asking for advice over a dispute he was having with his stager regarding the worked she had preformed. Adam wrote…
Hello Craig,
My name is Adam and I am having a disagreement with a stager I hired.
I am trying to sell a 2-bedroom condo in Chicago and recently hired a professional to stage the empty condo. The property is unique in that the living room is very long and narrow, which is why my realtor and I thought it was important to stage it to show its potential. This is the only living area of the property so it has to look like a living room.
We've since (the staging) had ten showings without an offer.
I had two friends over… both of them said is "this room looks like a hallway". They also said that the way it's staged does not show the potential of the living room.
I called the stager… and she maintains that the room is properly staged and that I need to respect her professional opinion. She discounts these opinions because she says she's the professional.
Do you have any tips on how I could deal with my stager?
Thank you very much,
Adam
So that you have a complete picture of all that was done and how Adam's $1,000 was used to stage his property, I have created this short video show.



So... now that you have a more complete picture, I have a few final questions for you to consider.
  1. Given the budget, Adam’s instruction, and the style of the home, did the stager stage the home correctly?
  2. Did the stager provide a good solution for the problematic living room?
  3. If Adam feels the solution provided does not solve the living rooms problem, what should he do?
  4. What actions do you suggest the stager take to solve the problem?
Whether you are a seller, stager or realtor... I  am curious to know what you think.

Craig

Senin, 16 Maret 2009

The Seach for the Ugly House

Some of my clients think I'm a little crazy when I advocate for buying ugly houses. Now I'm not talking butt-ugly. I'm talking about the type of ugly that a coat of paint or perhaps new carpet will fix. And I advocate for that type of house because that is where the best deals are.Houses with "Pottery Barn Decor" are fun to look at but you will "ohh and ahh" all the way to the bank if you

Kamis, 12 Maret 2009

Lobbyist For a Day

I spent the day in Albany yesterday with approximately 50 other Realtors from both Rochester and Buffalo to meet with several of our state legislators to discuss upcoming legislation that affects local homeowners and the real estate market.The most important item on our agenda was the need for property tax relief. New Yorkers pay an exorbitant amount of property taxes and Western New Yorkers pay