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Archive for tag Staging

Let me Tell You All About My (Not Your) House

Dinner with relatives last night turned into a heated real estate marketing discussion.  My house is for sale, and we went out for dinner because there was a showing.  The question was asked of me, why aren’t I showing my own house?  I explained this wasn’t a Buyer I was working with, so their Agent is showing my house.  The conversation continued, shouldn’t I be there anyhow to answer questions or help with the showing?  And further, why wouldn’t all owners be at showings for this reason?  Don’t they know the house best?

Yes, the owners do know the house best.  In fact, they know too much.  They know every repair and problem they’ve had.  They’ve fixed these issues (I hope) and the house is just fine.  But when they proceed to brag about what a good homeowner they are to prospective Buyers, they turn that house into a money pit.  All houses need repair, all houses have problems.  Objectively Buyers know this, but being told in 20 minutes all 20 years worth of repairs you’ve made is overwhelming and makes it sound horrible.  As a Seller, you provide a Real Estate Condition Report, a legal document disclosing the condition of the house and repairs that have been made.  A nice list of major improvements can be left on a table for showings (how old is the furnace, roof etc.)  When a Buyer is just looking, this is all they really need.  They don’t need to hear about that funny squirrel that got stuck in the attic for days and ripped up all the insulation.

Stagers teach us to de-clutter and de-personalize the house.  Why?  So the Buyer can picture themselves in the house.  When a Buyer starts mentally moving in, they are steps away from writing an offer.  The Buyer can’t mentally move into a house when the current owner is telling them about how much they love walking to the nearby park and how all their babies splashed around in that big tub.  The Seller thinks they’re helping the Buyer by telling the good things about the house, but what they’re really doing is making the potential Buyer feel uncomfortable.  Maybe that Buyer isn’t having kids, or doesn’t like walking to the park.  Who knows?  The features you love about your house may be completely unimportant to that Buyer.  Again, a nice list of neighborhood and school features should be left on a table.

Finally, Buyers need to be nosy.  Never in a million years would you walk into someone’s home and look in all their closets and medicine cabinets.  But you need to do this when house shopping.  Potential Buyers can’t get a good critical look when the owners are home, it feels as if they’re intruding.  Every time I’ve conducted a showing with the Sellers at home (either nipping at our heels or sitting quietly on the porch), my Buyers give a cursory look and try to get out quickly.

Unfortunately all these arguments got me nowhere with this particular relative and we agreed to disagree.  I tucked my professional pride in my pocket, hoped she wouldn’t be selling her home soon and enjoyed the rest of dinner.

Posted by:  Barbara Bay

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A little paint...

It is amazing what paint, rearranging furniture and a few new accessories can do for a room. Case in point: a new home that I listed in Oconomowoc on Waterstone Circle. The layout of this home is fantastic and it sits on a 2 plus acre lot with a guest house. A few added touches in the right areas and some new colors on the walls and voila the room has a whole new feel.

Living Room

In this picture the formal living room is a bit dated with the red accent wall (before photo on left). A fresh coat of paint on this wall and some current artwork and a few new pieces in the large room completely transform the space (After photo on right). The same happened in this very large dining room. Notice the heavy color above the chair rail. A softer color new lamps on the table and leather covered chairs around the handsome table give this room new character and appeal.

Dining Room

In the family area off the kitchen we simply changed the color on one wall and swapped out the blue furniture for something a little more hip and current. Each of these rooms already had great character; we just removed the items that detracted and added furniture and accents that showcase the great benefits of each room. I have used the services of Casa LaBella Ltd for these redo’s and have mentioned them here on my blog posts before. For more information of their services you can reach them at www.casalabellaltd.com.

Kitchen

For more information on this sharp home, click here to get the latest info on this terrific offering at only $475,000!

Posted by:Glenn Hanon

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Is The Market Just About Price

I love this article from the Wall Street Journal because it reports what we have known in the market for some time. With the supply of distressed homes rising in our area there is no shortage of a low priced home. Many of these distressed homes need lots of work inside to bring them back to a “market ready” condition. So if you are competing with these homes why not make your home look the best? And that is the focus of this article. A seller needs to price the home competitively, but how do you compete with homes where the price seems to be in a free fall? Staging, painting and positioning your home so that it is compelling in price and appearance is a must in today’s market. I often will tell my clients that when a buyer schedules an appointment to see your home they are not coming to buy your home.(I often get puzzled looks when I say this.) The buyer is coming to cross your home off their list! Most buyers today will be looking at 30-40 homes before they make their offer. They generally have a list in mind of what they want in a home. If they walk through your home and the carpet is stained, or you have old wall paper up and the avocado colored toilets and sinks are functional but you prefer not to replace them, guess what? The buyer is moving on. In some cases you will have to do more work but let’s be honest for a moment; you don’t want to do the work because it is a hassle, so why would the buyer want to do the work? Today more than ever a seller’s home needs to be compelling. If you need assistance with this and you want to sell your home, I can help. Just give me a call and we can make sure your home IS the home the buyers want!

Posted by:Glenn Hanon

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