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This fantastic ranch has been well maintained by the current owners for the last 10 years. Too many updates to list! Recently updated kitchen with new counters and brand new tile flooring. Well kept hardwood floors throughout main level. Decorator paint finishes this home nicely throughout. Beautiful french doors welcome you into the study/3rd bedroom on main level. This home sits on .22 acres! Large private backyard for entertaining or playing. The basement offers bedrooms four and five as well as a fantastic family room to hang out in with your family. The owners recently installed a 95% efficiency furnace to make this home more green. Other features that are newer are a water heater, roof and gutters as well as the concrete driveway and walkway around the home. This beautiful ranch home in Centennial Acres in Littleton has been well maintained and every detail met. All you need to do is move in! For your own private showing please contact the Colorado Success Team at 303-901-6558.
This fantastic rare ranch boasts 2636 square feet on the main level. 4 bedrooms and 3 bathrooms on main level. It also has a fantastic finished basement that includes two more bedrooms and 1 bath along with a theatre room, wet bar and wine cellar. Open flowing floor plan on main level helps you to entertain with ease. This home backs and sides to a green belt so hanging out in your back yard is pure bliss. Call today to set your own private showing of this property and see what 10215 Carriage Club Drive in Lone Tree has to offer for you and your family. Welcome to your new home!
This current market has been challenging to say the least. We have been lucky here in the Denver Metro area not being hit as hard as other major cities in the country. A lot of sellers are feeling the frustration of selling their home now. Those in the higher end price ranges are struggling even more. Often having to reduce their price way below what they thought they would and having their home on the market for several months instead of just a couple. Some of these sellers have turned to leasing instead of selling. Not the most ideal situation but a lot of them are able to recover a part of their mortgage payment and then will look at putting their home back on the market for sale in six months to a year. If you are thinking about doing this you should consult with your real estate professional. A lot of Realtors are willing to help out with the rental process.
September 2008, Issue Three
Job Gains: The
Cherry Creek Rolling Along: After a successful round of high-end redevelopments, the district will see several upscale new hotels, shops and office buildings in the next few years. (
New, energy efficient apartment tower coming to Cherry Creek: At a time when many major real estate construction projects are being delayed or killed, RedPeak Properties has broken ground on a 14-story, $58 million luxury apartment high-rise in Cherry Creek. (Rocky Mountain News)
Good News for Denver-area Housing Market: The Denver area housing market showed the most appreciation of 20 metropolitan areas tracked by the closely watched S&P/Case-Shiller Home Price Indices from May to June. (Rocky Mountain News)
Mortgage Volume Up 7.5%, Rates Down: The Mortgage Bankers Association reports a 7.5-percent increase in home loan demand during the week ended Aug. 29. The index indicates a 10.5-percent jump in purchase applications and a more modest 2.1-percent rise in refinancing requests. (Daily Real Estate News)
”Your present circumstances don’t determine where you can go; they merely determine where you start." Nido Qubein
Many buyers for the last few years have been depending on down payment assistance programs to aid them in the home buying process. It has helped a lot of people get into a home, which may not have been able to. Some feel that it has caused some of the chaos in today's market. At the end of September down payment assistance programs such as Nehemiah and Neighborhood Gold will no longer be accepted by lenders. For buyers who are counting on programs such as these, hopefully they will find that special house and be able to close by the end of September. These programs were a "legal operation of money laundering" The seller would gift the money to these non-profit organizations and then they would wire it back to the buyers as a gift. Lenders allowed it because the money trail was not coming directly from seller to buyer. There are however some down payment assistance programs which will still be available to first time home buyers such as CHFA (Colorado Housing and Finance Authority) and CHAC (Colorado Housing Assistance Corporation). Many cities also offer financial assitance in purchasing a home. Most of these programs have income requirements that are fairly low. For a complete list of accepted down payment assistance programs after September 30th, visit the link below. There are still many other ways to come up with down payment money like a gift from a family member or borrowing from your 401K. If you would like more information on these options or have questions please feel free to contact us we are here to help. If you are ready to begin your home search or even if you are still on the fence of buying a home, feel free to sign up for free no obligation private home search by clicking the Home Search button at the top of the page right hand side.
http://www.hud.gov/local/co/homeownership/buyingprgms.cfm
Yesterday a family member called me who does not live in a covenant controlled community, complaining about their neighbors yard that, well lets say was not in perfect condition. They asked me if there was anything they could do, I replied yes, but got to thinking if they lived in a covenant controlled community the process may be a little easier. I asked how well they knew their neighbors and if they felt comfortable going over and asking them if they could address the issues in their yard. You never know if someone is going through something that is affecting their ability to maintain the exterior of their home. If you know your neighbor well and you are the neighborly type, you may even be able to offer some assistance in helping them address their issues. If that fails I suggested that they call the local city/county’s code violation department. They would most likely send out an officer to write up any code violations that they had. Depending on what the city ordinances were they might get some of the problems that they listed addressed but not all. If they lived in a community with a Home Owners Association, they might have better luck at getting specific items addressed or not have had these issues at all. I myself live in a community with a Home Owner’s Association and appreciate the factor that we have to get out paint colors approved and keep our lawns watered and mowed. It really keeps our neighborhood looking nice and also aids in our property values. You always will have the one or two neighbors in your neighborhood that try to bend the rules, or that don’t take care of their front yard the way that you do. In a covenant controlled community they would face fines and or letters from the Home Owners Association to correct the problem, some home owners associations will even send in a landscaping company to fix issues and then charge it back to the seller. HOA’s have a lot of downsides too, but I do feel that the value is truly there for keeping a neighborhoods home values up in a volatile market.
For more information on the value of your home or to start your free no obligation home search with Home Buyers Scouting visit www.coloradosuccessteam.com or email us at www.cosmithteam@msn.com.
So you are thinking about selling your home. You probably already have an idea in your head of what you think your home is worth. You meet with a couple different Realtors to get their feel for your home and what they think you may be able to sell it for. Here are a few things to remember when coming up with a price to list your home for.
Current market conditions: Listing your home for a higher price than it will most likely sell for and agreeing to lower the price in a couple of weeks does you or those first buyers through your home no good. All you are doing is turning off those first buyers through the home. Research shows that those buyers are typically the ones to purchase your home, if it is priced accordingly.
Upgrades/Updating: Yes you have stainless steel appliances and granite counters in your kitchen and your neighbors home that is for sale has formica counters and white appliances. Your stainless steel appliances and granite counters may help your home to sell quicker but they most likely will not add a signifigant value to it, and remember if you have over upgraded your home for the neighborhood, it does not mean your house will sell for signifigantly more it will just help it sell quicker.
Consider your timeline for selling: If you need to make a quick sale or just simply dislike having to vacate your home on short notice for a showing you may want to price your home agressively so you have less time on the market.
Current Inventory: If you have high inventory in your neighborhood (meaning a lot of home for sale) you may want to price a little agressively to make your home stand out to buyers who may be overwhelmed by their selection in that current location.
Remember your home is most marketable and attractive to buyers when it first hits the market, so make sure that you have it priced well and in good condition to show and you will help yourself to have a quick sale!
For more information on what your home is worth or current market conditions in your neighborhood, visit www.coloradosuccessteam.com or email us. We will be happy to answer any questions for you or do a free no obligation market analysis on your home.
Usually the home inspection on a property does not happen until it is under contract. In Colorado once a buyer has an accepted contract on a home, they will have an inspection done by a licensed inspector. The inspector will go through out the home and look at the structural components as well as interior, plumbing, HVAC systems etc. Then the buyers will go back to the sellers with a list of items if any that they feel need to be corrected prior to closing. We advise our sellers that if they feel like they may have a lot of inspection issues on a property or if they own an older home (those typically tend to have more issues than a newer home) to do a pre inpsection on their property. It allows them to disclose all defects on their property with confidence that they are not missing something major on the sellers property disclosure, as well as fix any issues that we know may be a huge problem when their home is under contract. We also feel that it can give the sellers the upper hand when it does come time to negoitiate those inspection items. Pre-inspections are not for every seller, but we do feel if your situation warrants getting one done, it can save you a lot of time and money down the road. It also will give you peace of mind when selling your home.
For more information or tips on selling your home visit our website at www.coloradosuccessteam.com
Usually the home inspection on a property does not happen until it is under contract. In Colorado once a buyer has an accepted contract on a home, they will have an inspection done by a licensed inspector. The inspector will go through out the home and look at the structural components as well as interior, plumbing, HVAC systems etc. Then the buyers will go back to the sellers with a list of items if any that they feel need to be corrected prior to closing. We advise our sellers that if they feel like they may have a lot of inspection issues on a property or if they own an older home (those typically tend to have more issues than a newer home) to do a pre inpsection on their property. It allows them to disclose all defects on their property with confidence that they are not missing something major on the sellers property disclosure, as well as fix any issues that we know may be a huge problem when their home is under contract. We also feel that it can give the sellers the upper hand when it does come time to negoitiate those inspection items. Pre-inspections are not for every seller, but we do feel if your situation warrants getting one done, it can save you a lot of time and money down the road. It also will give you peace of mind when selling your home.
For more information or tips on selling your home visit our website at www.coloradosuccessteam.com
Senate passed a bill on Wednesday by a 72-13 vote that will allow homeowners who cannot afford their payments refinance into government backed loans. It will also tighten controls and offer a temporary financial life line to Fannie Mae and Freddie Mac. Even though many people have hard feelings toward this bill and feel that they are footing the bill for irresponsible lenders and borrowers treasury secretary Henry Paulson argued that the support given to Fannie Mae and Freddie Mac is vital in calming the markets here in the U.S. as well as abroad. This rescue plan is intended to prevent the two pillars of our house lending market from failing and causing greater turmoil in the economy. Overall I see this bill helping all of us homeowners out of this down market we have been experiencing. The light at the end of the tunnel is getting brighter. Below is an outline of the bill.
The housing bill that Congress passed Saturday and sent to President Bush would:
Give the Federal Housing Administration $300 billion in new lending authority and relax standards to provide affordable, fixed-rate mortgages to an estimated 400,000 debt-ridden homeowners. Any losses would be covered by an affordable housing fund financed by Fannie Mae and Freddie Mac, the government-sponsored companies that finance mortgages.
Allow the Treasury Department temporary authority to lend money to Fannie and Freddie or buy their stock to avert a collapse of one or both of the mortgage giants. The authority would expire on Dec. 31, 2009.
Create a new regulator and tighten controls on Fannie and Freddie, including power for the regulator to approve pay packages for company executives. Create a new affordable housing fund drawn from their profits. Permanently raise the limit on the loans they may buy to $625,000 in the highest-cost areas. Allow them to buy loans 15 percent higher than the median home price in certain cities.
Provide $3.9 billion in grants to the hardest-hit communities for buying and fixing up foreclosed property.
Modernize the FHA and allow it to back loans for riskier borrowers. Permanently increase the size of loans the agency may insure — currently set to revert to $362,790 by the end of the year — to $625,000 in the highest-cost areas. The agency could insure loans 15 percent higher than the median home price in certain cities.
Forbid the FHA from insuring mortgages in which the borrower’s down payment is paid by the seller, beginning on Oct. 1, 2008.
Place a one-year moratorium forbidding the agency from charging premiums based on the riskiness of the homeowner, until Oct. 1, 2009.
Provide $15 billion in housing tax breaks, including for low-income housing. Give a credit of up to $7,500 for first-time home buyers who purchase residences between April 9, 2008, and July 1, 2009. Allow people who don’t itemize their taxes to claim a $500-$1,000 deduction on their 2008 property taxes.
Give states an additional $11 billion in tax-free municipal bond authority for low-interest loans to first-time home buyers, construction of low-income rental housing and refinancing subprime mortgages.
Offer protection from investor lawsuits for mortgage holders that modify loans to borrowers who are in default or about to default.
Provide $180 million for pre-foreclosure counseling and legal services for distressed borrowers.
The bill is H.R. 3221
Everyone is talking about short sales these days. Including the news media. Here are the facts to decide if when selling or buying a short sale property is the way to go for you.
Sellers: Short sales can help you out of a sticky situation, but you will not get off scott free. Many lenders now require you to submit a copy of all of your monthly bills and W2 statements to prove that you are having a financial hardship, you typically even write a letter to the lender explaining all that has happened that has made it difficult for you to continue making full payments on your loan. There will still be penalties to your credit and possibly even tax consequences. Lenders definately are not in the business to be holding a lot of properties so some are willing to deal with you, but remember that any money that you are unable to payoff due to your loan amount being far more than you can currently sell your property for does not just go away. Some lenders may file a 1099 with the amount you failed to payoff. This means you will have to claim it has income on your tax returns that year and pay income tax on it. Some make you sign a personal note and still continue to pay on the amount that you did not pay off. Your credit will not suffer the loss of a forclosure but there will still be consequences to that as well, typically showing up as a chargeoff, which doesn’t look that great in the future either. You need to look at your situation and decide what is best for you and your family when in the situation and make sure you hire a professional who knows a lot about your market and how to work with banks on these short sale deals. You must be patient, banks do not move quickly on these and you are in a stack of thousands on their desk these days.
Buyers: Are you looking for a good deal? Just becuase it is a short sale does not mean that you are getting a property for signifigantly lower than market value. A lot of times you could be getting it just at market value. I am not saying that you can not find a good deal out there because you can, but the really good ones take the banks a lot of time to decide typically. You also have to have a great deal of patience when submitting an offer on a short sale. You are often dealing with a first and second mortgage. If you are this can take longer because often the first will have to agree with how much money the 2nd is getting and if the 1st feels like the 2nd is getting too much, they won’t deal. Doesn’t sound fair, but when you are in first lien position on a property, you can do that. This negotiating can go on for weeks or months, and you have to be flexible and patient. You also should consult a professional and find out if this is the way to go for you, it may or may not be or you may find a better deal out there from a seller that is not in financial distress.
Selling your home can be a challenge in todays market, especially when you have pets. Not all potential buyers are pet lovers and no matter how clean your keep your house they all leave an odor behind and can damage a house in one way or another. There are a few things you can do to spruce up that house and sell it quickly with pets.
Clean carpets before you list your home. After carpets have been cleaned try to keep your pets out of any unneccesary rooms once this has been done.
Vaccuum before every showing. This will help remove any excess hair and dirt from the floors, it is amazing what dogs bring in from outside.
If you have wood floors or tile/laminate try to clean your floors before every showing if you don’t have time to do the whole thing then just spot clean the areas where you can see dirt with the naked eye.
Weather permitting open some windows to let some fresh air in for closings if that does not work then buy and air freshner, just make sure it is a soft welcoming scent and for heavens sake don’t put it on the highest setting or buy 5 to place through out the home. Buyers don’t like to be over powered by any scent, even a pleasant one!
If possible remove dogs from property for showings. Cats typically can be left there as they usually are hiding and if they are out they are minding their own business. Most dogs create a huge distraction to buyers when looking at your home. You don’t want them worrying and paying attention to Fluffy when they should be looking at your home! If you are unable to remove the dogs then make sure they are crated somewhere or gated in a laundry room.
Make sure to pick up droppings in the yard daily, especially when it is hot outside. You want buyers to appreciate your back yard, not think they are stepping into a port a potty.
Replace anything in the property that your pet may have damaged. Ex: molding around doors, carpeting, refinish wood floors if severly scratched, replace screens, sod in back yard or fill yellow spots with new grass seed.
If you do these few things your home will sell quicker and most likely for more money than if you didn’t.
Many sellers are looking for some great ideas to spruce up their home prior to sale. Here are a few things you can do for low cost that will really improve the value and marketability of your home.
1. Make your kitchen really cook. The kitchen is still considered the heart of the home. Potential home buyers make a beeline for this room when they first view a home for sale, so make sure your kitchen looks clean and reasonably updated.
For a few hundred dollars, you can replace the kitchen faucet set, add new cabinet door handles and update old lighting fixtures with brighter, more energy-efficient ones.
If you’ve got a slightly larger budget, you can give the cabinets themselves a makeover. “Rather than spring for a whole new cabinet system, which can be expensive, look into hiring a refacing company,” says serial remodeler Gwen Moran, co-author of “Build Your Own Home on a Shoestring.” (Read more about cheap kitchen fix-ups.)
“Many companies can remove cabinet doors and drawers, refinish the cabinet boxes, then add brand-new doors and drawers. With a fresh coat of paint over the whole set, your cabinets will look like new.”
If you’re handy, you can order your own replacement cabinet doors and door fronts from retailers like Lowe’s Home Improvement or The Home Depot and install them yourself.
2. Give appliances a facelift. If your kitchen appliances don’t match, order new doors or face panels for them. When Nicole Persley, a Realtor with Real Estate of Florida, in Boca Raton, was sprucing up her own home to sell, her mix-and-match kitchen bothered her. The room had a white dishwasher, microwave and wall oven mixed with other pieces that were stainless steel with black trim.
When Persley called the dishwasher manufacturer to see about ordering a new, black face panel, the customer service representative clued her in on a big secret: Many dishwasher panels are white on one side and black on the other.
“All I had to do was unscrew two screws, slide out the panel and flip it around. Sure enough — it was black on the other side!”
Persley, who has remodeled numerous homes for resale, says that a more cohesive-looking kitchen makes a big difference in the buyer’s mind — and in the home’s resale price.
3. Buff up the bath. Next to the kitchen, bathrooms are often the most important rooms to update. They, too, can be improved without a lot of cash. “Even simple things like a new toilet seat and a pedestal sink are pretty easy for homeowners to install, and they make a big difference in the look of the bath,” says Moran.
Moran also suggests replacing an old, discolored bathroom floor with easy-to-apply vinyl tiles or a small piece of sheet vinyl. “You may not even need to take up the old floor. You can install the new floor right over the old one,” she says.
If your tub and shower are looking dingy, consider re-grouting the tile and replacing any chipped tiles. A more complete cover-up is a prefabricated tub and shower surround. These one-piece units may require professional installation but can still be cheaper than paying to re-tile walls and refinish a worn tub.
4. Step up your storage. Old houses, particularly, are notorious for their lack of closet space. If you have cramped storage areas, Realtor Moe Viessi of Miami suggests adding do-it-yourself wire and laminate closet systems to bedrooms, pantries and entry closets.
Firms like ClosetMaid allow you to measure and redesign your closets online. You can also get design details and parts for these systems at many large home-improvement stores. Most closets can be updated in a weekend or less.
In the end, your closets will be more functional while you’re living in the house and will make your home look more customized to potential buyers when you’re ready to sell. (Read more about taming your closets.)
5. Add a room in a week or less. “If you have a three-bedroom house with a den, the only reason the den can’t be considered a bedroom may be because it doesn’t have a closet,” says Persley. “If you add a closet to that room, you’ve now got a four-bedroom house. That adds a lot of value.”
Persley says it’s usually possible to add a custom closet system and drywall it in for less than $1,500.
6. Mind the mechanics. Finley Perry of F.H. Perry Builder in Hopkinton, Mass., advocates spending a few bucks on nitty-gritty stuff. “It’s often very worthwhile to hire an electrician and plumber for a couple of hours to look over your electrical services, wrap or fix loose wires, fix any faulty outlets, and check for and fix any water leaks,” Perry says. “Those details tell a buyer that someone has really taken care of the home and can really influence its price.”
7. Look underfoot. Carpeting is another detail that can quickly update a home and make it look cleaner. A professional carpet cleaning is an inexpensive investment, especially if your rugs are in good shape and are neutral colors.
If your carpet is showing serious wear, cover it with inexpensive, strategically placed area rugs. Unless it is truly hideous, most Realtors don’t suggest replacing wall-to-wall carpeting right before you sell your house. The new homeowners may want to choose their own carpeting after they move in. (Read more on flooring trends here.)
8. Let there be light. If you have boring recessed lights in your dining and living rooms, consider replacing one of the room’s lights with an eye-catching chandelier. Home stores offer a wide range of inexpensive, but nice-looking, ceiling fixtures these days. If you have a ceiling fan and light, you can also buy replacement fan blades (leaving the fan body in place) to update the fixture’s look.
9. Reframe your entry. Do you have a flimsy little knob on your main entry door? If so, spring for a substantial-looking handle-and-lock set. “A nice, big piece of hardware on the front door signals to newcomers that this is a solid home,” says Viessi.
Also, if you’re stuck with a basic steel front door, Persley suggests painting or faux-finishing it for more eye appeal. “It’s becoming a trend in Florida to add wood-grain doors to a home’s entry or garage. The good news, though, is that you can easily paint existing metal doors with stain and paint,” she says.
After using a good metal primer, Persley gives the door a base coat of paint (again, be sure to use one approved for use over metal). For a cherry wood look, Persley uses a burgundy base paint. After it dries, she brushes over the base coat with a cherry wood stain. “It really looks amazing, and it only takes a few hours,” she says.
10. Consider curb appeal. Although it sounds obvious, a nicely mowed lawn, a few well-placed shrubs and a swept walkway makes a great first impression. “What buyers see when they first drive by your home is tremendously important,” says Viessi. (For more ambitious ideas for your yard, see “From ho-hum to wow: 4 backyard trends.” To stay on budget, read “17 ways to landscape on the cheap.”)
10 ideas taken from MSN Real estate article.
Curb appeal could not be more important than in todays tough market. With all the inventory on the market you want to make sure that your home stands out from the minute the buyers pull up to it. Here are a few tips and ideas to help you improve your curb appeal when selling your home. Some things can be as inexpensive and easy as power washing your home to spruce up the look.
Make a list of the problem areas you discovered. Tackle clean up and repair chores first, then put some time into projects that make the grounds more attractive.
Kill mold and mildew on the house, sidewalks, roof, or driveway.
Stow away unnecessary garden implements and tools.
Clean windows and gutters.
Pressure wash dirty siding and dingy decks.
Edge sidewalks and remove vegetation growing between concrete or bricks.
Mow the lawn. Get rid of weeds.
Rake and dispose of leaves, even if your lot is wooded.
Trim tree limbs that are near or touching the home’s roof.
Don’t Forget the Rear View
Buyers doing a drive by will try their best to see your back yard. If it’s visible from another street or from someone’s driveway, include it in your curb appeal efforts.
Evening Curb Appeal
Do your curb appeal exercise again at dusk, because it isn’t unusual for potential buyers to drive by houses in the evening.
One quick way to improve evening curb appeal is with lighting:
String low voltage lighting along your driveway, sidewalks, and near important landscaping elements.
Add a decorative street lamp or an attractive light fixture to a front porch.
Make sure lighting that’s visible through front doors and windows enhances the home’s appearance.
Landscaping Decisions
There are times that adding elements to your landscaping can improve curb appeal, but there are other times when removing something is even more effective.
For example, we had a listing for a large brick house with large white columns. Tall evergreens, planted in front of each column, had grown taller than the roof. They obscured the columns and windows and made it difficult to see the front of the house.
We suggested that the owner remove them. She trimmed them back, but it didn’t do the trick—they were unattractive and still kept potential buyers from seeing the true character of the house.
I sold the house to a couple who could see past the trees. One of their first tasks after closing was to yank them out of the ground, instantly boosting the home’s curb appeal.
Most buyers cannot visualize changes, and often won’t take a second look at a house if the first look doesn’t appeal to them. Home buyers who can visualize changes, and are prepared to make them, expect you to reduce the price of the house to compensate for the work they plan to do.
A Few Curb Appeal Tips
If you can budget it, a fresh paint job does wonders for a dingy house. Drive around your town to find color schemes that are appealing.
Install a more attractive front door, maybe something with leaded glass inserts.
If you can’t justify the cost of a new door, consider replacing plain doorknob hardware with something more attractive.
If new hardware is beyond your budget, repaint or stain the door and polish the hardware?
If you brainstorm, you’ll find that there’s a solution to most problems—one that lets you stay within your budget. The trick is to find the areas where improvements are needed, then work on them as best you can.
For more information on what your home is worth visit www.coloradosuccessteam.com and click on the icon that says "what's your homes value"
Why Stage your home?
Research shows that well staged homes sell approximately 32% faster than non-staged homes. They also sell for 3 to 10% more. Do the math and tell me how many thousands of dollars we are talking. Homes which are properly staged; that are warm, cozy, and romantic sell fastest. As a seller, you may hire a professional home stager or stage your home yourself. Naturally, if you do it yourself, you should have a plan, some guidelines and a checklist to follow.
When staging your home you must think of it as selling a lifestyle.
To sell your home faster, you must sell more than just two bedrooms, two baths and so many square feet with a garage. You must sell a lifestyle:
Where buyers’ imagine themselves raising their families or entertaining their friends.
Where they can relax on the patio or listen to their favorite music.
Where they imagine themselves preparing gourmet meals or taking luxurious baths. Where dreams come true..
During a tough market such as the one we are in now, there are many advantages to you staging your home. Here are a few:
First, many of the people selling are mentally depressed or tired of waiting for a good offer. As time wears on, they become even more distressed. When in this mind set most people are not enthused about having their home look really spiffy, matter of fact many don’t even care after a while. This means that if their home doesn’t look great, but just ok, that you now have an advantage if you are well staged.
Second, banks and lenders are not into staging. It is not their business to stage, they handle money, loans, deposits and wire transfers - not staging. They don’t even have a staging department. Just clean the home and sell it “as is.” That’s their attitude. Thus, less great looking homes on the market.
Third, most sellers do not know the real benefit of having a home well staged. They think that if their home is clean, repaired and looks tidy, thats all that needs to be done, for the agent will handle everything else. What a mistake this is, for the agent is out looking for a buyers and new business, not doing staging their home. Matter of fact, a number of agents are not well read or educated on how to stage a home for maximum effect. The result of all of this is that fewer homes are really prepared and staged well.
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