Selasa, 28 Agustus 2007
Home Again
A few days off is a wonderful thing! Especially for your frame of mind. I realized I was getting punchy before I left and was having a difficult time finding anything I liked about real estate! The couple of days home in Maryland were wonderful. We played golf in 100 degree temps (which wasn't so wonderful) but drank beer to cool off. I also played with my camera a lot and shot some cool
Rabu, 22 Agustus 2007
The Sky is Falling! The Sky is Falling!
Every time I catch a news report I get this sinking feeling in my gut. This bank has closed its doors. That mortgage company is failing. Doom and Gloom! Lions, Tigers and Bears, Oh My!Is it really that bad? I talked to my favorite loan officer today and he assured me that the only thing shaky is non-conforming loans. Bottom line is that if you have decent credit and some money to put down,
Selasa, 21 Agustus 2007
Relocating to Rochester
It's been 19 years since I relocated to Rochester, NY from Laurel, Maryland (same town as Rochester's current police chief!) To me, it was huge! I was in my early 30's and had never lived outside of the state of Maryland. I remember being here about a month and one day simply breaking down and crying. I was so tired of being lost and among unfamiliar surroundings and people. Obviously, I got over
Minggu, 19 Agustus 2007
Kamis, 16 Agustus 2007
Mortgage Crisis is Hitting Home
I had to make one of those God-awful real estate calls yesterday. I had to tell a family to stop packing because the deal on their home was unraveling. It seems that the buyer of their buyer's home no longer qualifies for a mortgage and since his contract on our house was contingent on the sale of his home, the deal is dieing. No fun!And then I got another awful calls this morning that things are
Rabu, 15 Agustus 2007
Nothing's Slick Right Now
It seems like real estate is meaner than ever these days. Buyers and sellers bickering over little stuff (like the cost of a broken window) as well as big stuff (who pays the bill for the new sewer line?). Nobody wants to agree to pre-possession or post-possession which means everyone needs to live in a moving van while all parties are at attorney offices conducting the closing procedures! (
Kamis, 09 Agustus 2007
Are Vacant Homes Black Holes That Suck the Life Out of their Own Sales?
Recently I was asked by Design Talk to write a column on a question they are frequenly asked. The question comes from sellers concerned abut selling their vacant houses and wondering if thier property would have a better chance of selling if it had furnishings in it.
Well I replied saying... the fact that most Realtors dread handling a listing that is vacant says a lot, for they know that an empty house is typically a harder sell to make than one that is fully furnished. But why are vacant houses more difficult to sell then furnished homes? Let’s take look at a few reasons…
First, an empty room will always feel smaller than a furnished room. When a potential buyers tour a property, they are trying to “map” their lives into the home’s space. Buyers are evaluating the house to SEE that it will work for them. To help them understand how a house will work or not, buyers will relate the size and fit of the seller’s furnishing to their own. Vacant homes make this basic part of the buying process more difficult.
Next, for many buyers a big part of knowing a house will be the “right” is the emotional connection/vibe they get from it. Houses that are vacant often give off a hollow desperate loneliness. Because it is harder to get the welcome feeling of “home” from a vacant property, the emptiness will actually make it more difficult for buyers to emotionally attach to it.
You may have noticed that Realtors, about to show a furnished home, first turn on EVERY light and lamp in it before the buyer gets there to tour it. (And when I say “every light,” I mean EVERY light.) They turn on the lights because they know that a well lit home sparkles, shines, and adds a warmth and glow that buyers find appealing. Unfortunately, a vacant house will quite often lack or have no lights at all in some rooms. This bad lighting makes it harder for the buyer to see what they are buying, and ends up making the house show as dreary, dark and dull.
A big reason why vacant houses are harder to sell is that there naturally is not much to look at, so what there is to see gets scrutinized. While a buyer does want to spend their hard earned money to BUY a home, they are not too interested in spending money on making repairs and fixing the problems the seller chose to leave behind. Having nothing in a house makes it very easy for the buyer to focus their attention on even the smallest of flaws and then negatively fixate on having to spend money to make repairs. Think about it… a wood, tile and linoleum floor will show more dirt, scratches and mars; the smallest carpet stains will clearly be visible; and naked walls will noticeably reveal all the holes, nicks and scuffs that are present. Because the home is unoccupied, the exterior maintenance will often go undone. In the summer, lawns will either overgrow or burn out and weeds will take over gardens. In northern markets, walks and drives will be hidden if not shoveled after a winter snow fall. In general an unkempt exterior will kill any curb appeal and immediately start to diminish the buyer’s hopes as to what to expect on the interior.
For all these reasons, a vacant house will be more difficult to sell then a furnished home. A buyers market will only make it even more difficult for a seller to sell for there are more than enough homes to choose from. Therefore, it is easy to understand how a buyer will be attracted to a home that they spatially understand; get a good feeling of “home” from; is bright, warm and inviting; and shows no glaring signs for maintenance or repair.
Oh… and just because a home is furnished does not make it an automatically and perfectly appealing home to buy… for even a furnished home still should be light, bright, CLEAN, maintained and uncluttered.
Stage It Forward…
Me
Well I replied saying... the fact that most Realtors dread handling a listing that is vacant says a lot, for they know that an empty house is typically a harder sell to make than one that is fully furnished. But why are vacant houses more difficult to sell then furnished homes? Let’s take look at a few reasons…
First, an empty room will always feel smaller than a furnished room. When a potential buyers tour a property, they are trying to “map” their lives into the home’s space. Buyers are evaluating the house to SEE that it will work for them. To help them understand how a house will work or not, buyers will relate the size and fit of the seller’s furnishing to their own. Vacant homes make this basic part of the buying process more difficult.

You may have noticed that Realtors, about to show a furnished home, first turn on EVERY light and lamp in it before the buyer gets there to tour it. (And when I say “every light,” I mean EVERY light.) They turn on the lights because they know that a well lit home sparkles, shines, and adds a warmth and glow that buyers find appealing. Unfortunately, a vacant house will quite often lack or have no lights at all in some rooms. This bad lighting makes it harder for the buyer to see what they are buying, and ends up making the house show as dreary, dark and dull.

For all these reasons, a vacant house will be more difficult to sell then a furnished home. A buyers market will only make it even more difficult for a seller to sell for there are more than enough homes to choose from. Therefore, it is easy to understand how a buyer will be attracted to a home that they spatially understand; get a good feeling of “home” from; is bright, warm and inviting; and shows no glaring signs for maintenance or repair.
Oh… and just because a home is furnished does not make it an automatically and perfectly appealing home to buy… for even a furnished home still should be light, bright, CLEAN, maintained and uncluttered.
Stage It Forward…
Me
Where Was This Guy When I Needed Him?
Have you seen these billboards around town? We Buy Ugly Houses.com! A real estate agents dream come true!Like most agents, when I first started in the business and didn't have much experience, it seemed like I could only get listings that no one else wanted. Believe me, I've sold my fair share of ugly houses. Now, people actually call me to sell their house and usually they are pretty nice.
Selasa, 07 Agustus 2007
Frequent Misconception!
A client of my recently sent an e-mail to me about a mistake I made. As he reviewed the fine print in the contract to sell his home, he saw that he would be paying the commission for the buyer of his home."I've always been under the impression that the buyer paid for the buyer's agent--hence their being representing the buyer and the buyer's interest. If I'm paying for the buyer's agent,
Sabtu, 04 Agustus 2007
Something to Churp About!
It's been busy! Five sales in ten days has had me running. I was so preoccupied with my next appointment that I almost didn't see the tiny, almost-naked baby bird laying on the ground next to my back door. So I scooped him up, made him a bed out of a candy dish and started feeding him soggy dog food. With a full belly, he snuggled up and went fast asleep. And since it was August 1st, I decided
Rabu, 01 Agustus 2007
FEED ME SEYMOUR! It takes a lot for Home Stagers to grow Prop Inventories
Many home stager's have been taught ONLY to stage using what home sellers personally have in the way of furnishings and decorative accessories (props). This approach to staging is all well and good and at times the right solution, but also at other times extremely limiting to what would and could best serve the home seller. Why limiting? Well what if what the property that needs to be staged is a totally vacant property? Or what if the property, that needs to be staged, is occupied but still lacking in pizazz and is basically an empty home? What does the prop-less stager do if a house needs more "bling" to bring some life and appeal to it?
Houses that need life and be "propped up" to add to their sales appeal happen more than I thought they would. Realizing this, Real Estaging made a commitment 3 years ago to build a prop library… we quickly learned it would ultimately best serve our home selling clients regardless of what their staging needs were.
Currently we have just about 5000 items available in our "PROP LIBRARY"... which might at first seem like a lot. But what do we do if all of our props are out and placed in homes and a new staging job comes in that needs to be propped up? Well, we do what we have been doing for 3+ years… we go out and buy more! AND... the quality and appropriateness of what we buy is VERY important. We just can't buy shlocky junk and put it in a house and say it is “staged.” Bad props will distract a buyer’s attention from looking at the property. We know that if a stager wants to build a reputation for quality staging... they have to own and place in the home quality props.
And as important as it is to give a client the options to have the BEST that staging can offer, I have to admit owning a Prop Library sometimes feels like that voracious plant in the play The Little Shop of Horrors that screams "FEED ME SEYMOUR!"
July for us has been a CRAZY BUSY time here at Real Estaging (hence, I have had no time to write anything for my blog). And being so busy, fortunately (or unfortunately) we found that much of what we own in our inventory had already been "PLACED" out in client properties.... and we needed more!
So what did we do? We went shopping... and rung up a whopping $6,448.21 for new props for the month of July! (Brook supplies the rental furniture for our clients.) THAT was a lot of Ka-Ching for BLING! But, if we wanted the business, it is money we had to invest without immediate return. Placed props do NOT pay for themselves the first time they are placed... it takes a few flips!
Why do we invest in props when so many other stagers don't? We know having the resources that provide options and a variety level of services WILL help differentiate your staging business from other stagers in the market place. Being a one stop staging shop has helped build our reputation. But I gotta admit owning a Prop Library has at times turned our one stop staging shop into a Shop of Horrors.
Stage It Forward…
Me

Currently we have just about 5000 items available in our "PROP LIBRARY"... which might at first seem like a lot. But what do we do if all of our props are out and placed in homes and a new staging job comes in that needs to be propped up? Well, we do what we have been doing for 3+ years… we go out and buy more! AND... the quality and appropriateness of what we buy is VERY important. We just can't buy shlocky junk and put it in a house and say it is “staged.” Bad props will distract a buyer’s attention from looking at the property. We know that if a stager wants to build a reputation for quality staging... they have to own and place in the home quality props.
And as important as it is to give a client the options to have the BEST that staging can offer, I have to admit owning a Prop Library sometimes feels like that voracious plant in the play The Little Shop of Horrors that screams "FEED ME SEYMOUR!"
July for us has been a CRAZY BUSY time here at Real Estaging (hence, I have had no time to write anything for my blog). And being so busy, fortunately (or unfortunately) we found that much of what we own in our inventory had already been "PLACED" out in client properties.... and we needed more!
So what did we do? We went shopping... and rung up a whopping $6,448.21 for new props for the month of July! (Brook supplies the rental furniture for our clients.) THAT was a lot of Ka-Ching for BLING! But, if we wanted the business, it is money we had to invest without immediate return. Placed props do NOT pay for themselves the first time they are placed... it takes a few flips!
Why do we invest in props when so many other stagers don't? We know having the resources that provide options and a variety level of services WILL help differentiate your staging business from other stagers in the market place. Being a one stop staging shop has helped build our reputation. But I gotta admit owning a Prop Library has at times turned our one stop staging shop into a Shop of Horrors.
Stage It Forward…
Me
Happy August!
Just in case you don't have air conditioning, I thought I share with you this shot of my husband from last February and a reminder to not complain about the heat because the snow will be flying soon!
Langganan:
Postingan (Atom)