Monday, July 28, 2014
How to Sell Your Home Without Dropping Your Price
When your home is marked down from its original price, its a sure sign that your marketing plan failed. Not only have you missed the critical first two weeks when buyers and real estate professionals are most interested, but theres no way for your home to compete with other homes that are better priced.
No one wants to waste time trying to deal with an unreasonable seller, so lowering the price may not help as much as you may think. Buyers may think something is wrong with the home, or they may decide that theres room for even more discounts. Real estate professionals wont get excited when your agent >
If youre really ready to sell your home, dont test the market. The best thing for you to do is to price it right in the first place and then sell as close to the original asking price as possible. For the best results, price your home at current fair market value -- not where prices were in 2005, or where they might be in 2015.
Current fair market value means your home favorably compares to recent listings and closed sales of homes most similar to yours in size, finishes, amenities and location. It also means your home is on target with price trending. If homes are dropping in price in your area, you may want to set your original price under current fair market values in order to generate more interest from buyers. If prices are trending upward, stay current - dont price ahead. That only works in the strongest sellers markets when banks are more comfortable about rising prices.
Next, make sure that buyers see your home in the best light. Among real estate professionals, the most important considerations is how your home looks from the curb and how it looks online. First impressions require that you spend particular time and attention on curb appeal, from keeping your walks and drives swept, to painting the front door a fresh new color, to putting out a new welcome mat.
Photography can be your homes best selling tool when its done correctly and professionally. Stage the rooms that will be photographed by removing clutter. Fluff the pillows, clear tabletops and countertops, and remove the dogs water bowl and your childrens toys out of the viewfinder. Take a few digital shots and look for flaws - the rumpled bed, the wastebasket full of paper, or the closet bulging with clothes. Once all the flaws are removed, youre home is ready for the professional photographer who has the right lighting and equipment to help you market your home.
In homeselling, less is more. You want the home to come forward and your belongings to fade to the background. If you have too much stuff, put the excess in storage. As little as 50 to 250 for short-term storage could make the difference in the buyers offer price.
When buyers come to your home, they will be looking for flaws, so make sure the little details are done, especially small repairs. The less that needs to be fixed or replaced, the better maintained and the more move-in ready the home appears to the buyer.
Buyer-friendliness is a factor that cant be underestimated. If you want a certain price for your home, make sure to give the buyer something extra to make it worth paying full price. Offer to pay closing costs up to a certain amount, or offer to leave the washer, dryer and refrigerator.
Its not just the home that needs to be attractive. As the seller, youre part of the whole package. You should appear buyer-friendly, just as your home should appear move-in friendly.
A home that is priced to reflect current market conditions and shows well in person and online will always sell for more than homes that arent maintained and marketed as well.
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The Future of Online Learning and the Real Estate Industry
As independent contractors, who are entrepreneurial by circumstance and design, real estate professionals must be competitive in a dynamic and increasingly global marketplace.
The best way for these individuals to achieve that goal- the most effective and convenient means for them to leverage and profit from this environment- is through online learning.
This option, which enables realty firms to offer their existing seminars and training courses to a broader audience, while simultaneously transforming residential agents into teachers- with the privilege of monetizing their own intelligence- is, in a word, revolutionary.
With the right platform to make this scenario a reality, everyone benefits from the promotion of education, and the engagement of a lively community, which is also a highly successful community.
Realtors can take >
I write these words as a university lecturer and as the Founder ofMonimus.com, an innovative way for users to educate, engage and succeed.
My perspective is, therefore, different than another persons theory of what online learning is or should be, because I can attest to the limitless choices of a virtual >
This opportunity also allows realty firms to generate revenues for content previously made available exclusively to their existing employees.
That content, often produced at a loss because it is for in-house purposes only, can be an ongoing source of income for other agents who want to learn about the rules or principles that make a particular firm so productive or credible.
That part, the educational component, is a way to create a new financial pipeline independent of external economic conditions, commissions or the cumulative number of transactions a firm consummates in a month or year.
Indeed, when we envision real estate firms as vaults of intellectual capital, and when we equip those businesses with the tools to easily introduce this material to a global audience, online learning becomes interactive, empowering and rewarding for everyone.
Also, when real estate professionals itemize their skills, when they identify and monetize their talents involving sales and promotions or financial modeling and pricing analysis, they have greater freedom; they have the liberty of multiple income streams, and the personal satisfaction of making their industry more adept and agile.
Engagement and Success: The New Spirit of Online Learning
This emphasis on education seamlessly complements the ideals of engagement between or among real estate professionals and mutual success.
For example: A shared destination, which is also a grand marketplace of ideas with an infinite number of >
Technology is the great enabler of this community; the platform is both the basis for professional engagement and the blueprint for making each user the author of while converting every real estate executive into the architect for their own notion of success.
In other words, this combination of education, engagement and success is an inseparable bond; one element begets the other, maximizing the benefits of technology with the humanity and the humanities, as its own discipline worthy of instruction of people who can come together in pursuit of the same things for the same reasons: Intellectual enrichment, personal connections and professional gains.
Those strengths can transform the real estate industry, for the good of individual professionals and clients alike.
For, knowledge is a portable commodity, whose value increases in proportion to the acquisition of more material; its usefulness expands in cor>
Those factors define the new world of online learning, backed by a platform that encourages education and rewards entrepreneurialism. That platform is the real estate industrys wellspring of achievement. It is the future, made available now.
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Go Natural With Reclaimed Wood
|Keith Williams is the Founder of Monimus.com, an innovative online learning platform where users can educate, engage and succeed on multiple levels.|
You dont have to be a barefoot, vegan, environmentalist yoga teacher to want to invite some natural elements into your home. Regular old meat-eating, gluten-loving folks present can also invite some natural elements into the home. And the hottest way to do so: reclaimed wood.
Reclaimed wood can be used for everything from a fireplace mantel to a dining room table, creating an opportunity to reuse a natural resource and achieve a unique custom look.
"Creative green design ideas may inspire you to use salvaged wood in interior decorating, adding unique character and irresistible charm to your rooms and outdoor living spaces," said Lushome. "Using salvaged wood helps to design charming wall decor, lighting fixtures, furniture and decor accessories for indoor and outdoor living spaces."
Added This Old House: "If you own an old house, you already know the satisfaction of having something thats unique, and when you renovate, you look for one-of-a-kind materials. Unlike other materials whose appeal lie in their looks, reclaimed wood has beauty and history.
Not surprisingly, people are going to great lengths to find reclaimed wood that makes a stylistic statement about themselves and their homes."
Some reclaimed wood is exceedingly rare, especially when used in high-end estates. But if you dont have the means or the resources to source, purchase, and fly in 18th century reclaimed wood from an Irish church, you can still find what youre looking for - if you know where to look:
"Old barns and mills are a great source for high quality virgin timber read: no off-gassing. So how do you get a barn owner to give you their barn? It is really quite easy," said Tiny Revolution. "Most barn owners will happily give you there old dilapidated barn just to get it out of the way and cleaned up.
"Pallets are one of the hottest materials used right nowand you can find a myriad of projects all over the web to make from them," said Old World Cottage Gardens. "The key in making great projects is finding nice, clean and damage free pallets. The best places? Small Garden and Hardware Stores, Motorcycle Shops, Lawnmower and Power Equipment stores. These stores seem to get inundated with pallets and shipping cratesand in many cases struggle to get rid of them."
Your or someone elses dilapidated fence
The guys tearing down the fence down the street have to dispose of the boards anyway. So you might actually be doing them a favor.
That boatyard may just have abandoned materials theyd be willing to sell inexpensive, or even give away. Never hurts to ask.
"Get in contact with some remodeling contractors in your area. Let them know that you will haul away any wood that they tear out of a house," said Tiny Revolution. "Contractors will be happy to give the antique building materials to you, it will save them a bunch of money on disposal costs."
Architectural Salvage Store
"These folks specialize in dismantling old buildings and recycling any usable materials," said Apartment Therapy. "Habitat for Humanitys ReStores are a terrific resource and Redo.org offers a directory of similar suppliers. Or, "Start with Woodfinder.com or the BMRAs Building Materials Reuse Association handy online directory."
See Shelterness, Houzz, or 1001 Pallets for more ideas.
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Clearance Sales Are In Full Bloom
If you havent been getting bombarded by Back to School BTS sales ads, mailers, and emails - you might be the only one. But, hey, its still July, and the sale season for back to school is in its infancy. So were going to table to BTS talk for a week and instead concentrate on one of our most favorite words ever of all time: clearance.
Many retailers list their clearance items on their website but dont go out of their way to call attention to them. Especially when there is a new sale every week to promote. If youre signed up to receive regular emails from Target and the like, you may receive notice when new items go on clearance. At a store like Best Buy, you can see a limited selection of their clearance items in various categories, but a lot of the good stuff will only be available in store. They may make it easy, but that doesnt mean there arent deals to be had.
Without further ado, here are some of our favorite clearance deals in this weeks edition of Steals amp; Deals.
Check out Pier Ones website for great prices on clearance items ranging form dcor to furniture This embossed lantern is right on trend and now just 19, regularly priced at 45.
With Walmarts rollbacks and regular sales, it may surprise some to see the great prices on their wide array of clearance items. One of the best deals we found was on the Dyson Animal Upright Ball Bagless Vacuum Cleaner, down from 599 to 399.
Targets clearance also has a wide selection spanning nearly every category, but one of the great offers this week is in furniture. Many items are 50 percent off, with some offering discounts of 60 percent. This Candace Upholstered Arm Chair in Gray Circle Lattice is clearance priced at 134.98, 50 percent off the regular price of 270.
Many of Best Buys large clearance items are not available on their website, but this one is: This Samsung 40" LED Smart HDTV is clearance priced at 399, down from 579 for a savings of 180.
Sears Outlet is a great place to go for clearance prices on housewares, outdoor, furniture, mattresses, and appliances. This Maytag 25 cubic foot four-door refrigerator with easy-access drawer in stainless steel is now just 1599. Thats 1,000 savings from its regular price of 2599.
One more thing: If you really, absolutely have to start your back to school shopping this weekend, hit Target for 25 percent off of backpacks.
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How To Do Transparent At Home
Being transparent is good when it means acting with honesty, and not keeping secrets. But when it comes to home dcor, being transparent takes on a whole new beautiful meaning.
Were talking about transparent dcor - see-through surfaces that add a modern edge to a space while helping to visually expand it. "Adding transparent glass and acrylic pieces as accents can really do wonders for a spaceespecially if youre living in tight quarters," said Huffington Post. "The best part is that these clear furnishings can be incorporated in any room because they dont dictate or change a color palette or >
Transparent decor is nothing new; Architectural Digest showcased the look dating back to the early 2000s with polycarbonate Philippe Starck chairs as the visual centerpiece of an Arizona dining area, a lucite bed that seems to float in a Miami high rise and acrylic side tables in an art deco-inspired Park Avenue apartment. But, the trend has gained steam recently. Elle Dcor showcased "clear colorsin glass, acrylic and sheer fabrics" in their July/August 2014 Trend Alert.
Transparent furniture creates a similar effect to reflective surfaces like mirror except that instead of bouncing light around the room, it allows the eye a seamless passage from one side of the piece to another. It can work in any type of space and with any type of dcor, and is an especially good trick in rooms that are small or oddly shaped not to mention how popular easy-care acrylic pieces are with parents and dog owners.
"They can make a small room feel bigger because they take up practically no visual space," said Huffington Post.
Here are a few of our fave see-through pieces:
Grenio coffee table, Wayfair
A cavalcade of Louis Ghost Chairs, Allmodern.com
Ikea TOBIAS chair, a more affordable alternative to the designer version.
Acrylic desk, decoist.com
Check out more ideas on Houzz.
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How To Deal With The Neighbor From Hell
You spent months finding the perfect little home, you have just moved from Los Angeles and the moving company recently finished delivering your worldly possessions and youre finally starting to settle in. Then a chainsaw hacking carving through a tree shreds your peaceful bliss. Oh, didnt you know? You made the mistake of moving next to the neighbors from hell. These folks are awful. They let their lawn fester with junk, play obnoxiously loud music at random times in the night, never close their blinds while walking around nude, rake leaves into your once-pristine yard and give you a death glare if you mention these problems. But, dont fear. Selling your new home and removing isnt necessary, just follow these tips on how to deal with these hellish people who dare call themselves your neighbors.
Dont Get Angry
If you feel like ferociously taking out your lack of sleep on the neighbor because they were blaring K-Pop all night through an open window, here is a tip: dont. Reacting hastily to any situation, especially tension filled ones, can simply make the problem worse. Do your best to approach your neighbor in a friendly manner. Maybe bring over a case of beer or bottle of wine to break the ice. Let them know in a non-confrontational manner that these issues are bothering you, and give them ideas on how to fix the issue. The second thing is to mention how their behavior negatively affects you, instead of attacking them for sloppy behavior.
If theyre not willing to talk with you, then try to find a neutral mediator to oversee the discussion.
Maybe your neighbor isnt a bad person, but theyre super swamped with a hectic life>
If the neighbor simply refuses to stop the de>
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