As part of REALTOR® Magazine’s Masters Series, Colorado practitioner Mary Brooks, CRS®, GRI, shows how staging can be done on a tight budget, with dramatic results.

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By Melissa Dittmann Tracey, REALTOR® Magazine

whitehouseSo what’s the going rate for a 132-room, 55,000-square foot mansion with 18 acres, 16 family-guest rooms, three kitchens, three elevators, 28 fireplaces, and an underground bunker? Oh, and we forgot to mention: The president happens to live there too.

Apparently the White House can’t seem to escape the sagging housing market either. In the last year, the posh 1600 Pennsylvania Ave. address dropped in value by 5.1 percent—from $308 million to $292.5 million, according to a recent post on Zillow’s blog. Continue reading »

 

By Melissa Dittmann Tracey, REALTOR® Magazine

kitchen_stoveIt’s time to get those listings ready for the spring! A recent article in U.S. News & World Report by Luke Mullins, 10 Cheap Ways to Boost Your Home’s Sales Price by Spring, offers up some affordable ideas for getting a property in selling-ready shape in time for the spring sale season. Among the ideas in the article:

1.)  Touch up the paint on the front door—it’s one of the first places buyers will look!

2.) Paint the interior a light yellow or cream color that creates a nice constrast with white woodwork. Continue reading »

On Thursday, Jan. 28, at 3 p.m. Eastern time, REALTOR® Magazine is hosting a free Webinar on affordable home staging techniques! Register and learn more about the presentation via the magazine’s Webinar page.

Staging pros Christine Rae and Terrylynn Fisher will be the featured speakers, focusing on low-cost techniques they use to transform homes. They’ll also touch on the popular question: What can I do to improve the look of my vacant REO and short-sale listings?

Join us for this exclusive presentation! Feel free to contact me if you have any questions about the Webinar: Melissa Dittmann Tracey, multimedia/Web producer for REALTOR® Magazine (mtracey@realtors.org)

By Erica Christoffer, Contributing Editor, REALTOR® Magazine

From innovative construction materials to the latest in doors and windows, the Las Vegas Convention Center held the largest annual housing industry trade show during the 2010 International Builders’ Show Jan 19-22. Here are some scenes from the exhibits:

By Erica Christoffer, Contributing Editor, REALTOR® Magazine

happyfamilyplayingvideogamesA quick takeaway from the Thursday morning International Builders’ Show session “Top 10 Technology Trends” – the average age of a gamer is 33 years old.

Why does this matter to a real estate practitioner?

Well, video games aren’t just for teenagers anymore. And this American pastime is impacting space needs in a home.

Gaming systems such as the Wii are incorporating interactive elements more and more. Homes will need open spaces for these activities.

Also consider Avatar. The movie has racked in $320 million at the box office, breaking records and resetting the bar for cutting-edge entertainment. The future is heading towards 3D everything, says Matt Carter of Encore Technology and Design in Columbia, S.C. This, too, will require more space for viewing and media interaction in the home.

The bottom line? Ask your clients what they want to use their spaces for.

Knowing whether your buyers are big movie buffs, or if are keen on the latest video games and gaming systems, will help you find them a home that best suites their space needs.

For more coverage from the International Builders’ Show in Las Vegas, also visit our Speaking of Real Estate blog.

By Erica Christoffer, Contributing Editor, REALTOR® Magazine

green_goddess_home_buyerAbout twice as many single women purchase homes than single men, accounting for 20 percent of all home buyers. So, if you’re serious about selling homes – especially homes with green features – single women are the ones to watch.

To address this very statistic, Sara Lamia, president of Building Coach Inc.,was one of three panelists presenting her take on selling green to women during day one of the International Builders’ Show in Las Vegas Tuesday. Fittingly, the session was entitled, “Evolution of the Green Goddess: Green Technologies Women Want and How to Capture Her Buying Power.” Here are a few of her trends and tips to connect women with green:

Think First Date: On a first date, people are conscious of how they look, how they act, and what they say. They want to put their best foot forward, to be impressive without being overwhelming. The same goes for selling to women, Lamia says. “In order to get more sales, you need to have more first dates.” Continue reading »

By Charlene Storozuk

Once the holiday season is over, we all tend to hunker down for the cold months ahead (at least those of us not lucky enough to live in a warm locale).  The long winter months can play havoc with your social life, mood, travel plans, and, dare I say it, your real estate listings.

How do you bolster potential buyers on the merits of your listing’s exterior when there’s 4 feet of snow outside? Well, here are a few things that just might help.

  • Winter DisplayMake sure all seasonal decorations have been put away.  It’s time to remove the outdoor Christmas lights and Santa displays.
  • Place a few frost resistant planters or urns outside.  Dress them up with twigs, winter greenery, and sparkly “baubles.”
  • Statues look great in an outdoor winter garden.  Make sure that the pieces you display are frost resistant so they won’t crack.  Strategically place them around your garden to help draw potential buyers’ eyes around your outdoor space.
  • A few outdoor flood lights (clear, not colored) shining on statues, urns, and other interesting architectural features will give a hint of drama for nighttime showings. Continue reading »

According to the 2009 NATIONAL ASSOCIATION OF REALTORS® Member Survey, 72 percent of all practitioners maintain a home office. With  important business being conducted in the home, how do you stay organized? How important is it to keep business life and home life separate?

We want to hear your tips for keeping a home office in order! We also encourage you to send us photos of your home office.

Your feedback and images may be included in an article for REALTOR® Magazine’s April “List Issue.” The magazine is dedicating the month to tips and suggestions from our readers — the real estate pros!

Please e-mail your comments and photos to Contributing Editor Erica Christoffer at echristoffer@realtors.org with your name, company, and city/state.

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By Melissa Dittmann Tracey

neoclassical_architecture

Hint: Ionic or Corinthian columned porches often extend the full height of these homes.

ANSWER: See if you are correct >

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