Coastwalk Real Estate Blog

 

April 18, 2010

Dear Seller - Ten Sure Fire Ways to Distract Buyers from Focusing on Your Home.

This BLOG is courtesy of Noelle Blazevich
John L. Scott - North Bend
Posted in Active Rain 4/9/2010

This may seem a bit harsh but it is just plain speaking honest commentary regarding my experience as a buyer's agent. The statements below are taken directly from the comments and behaviors of buyers viewing homes for sale. It not meant to be negative but rather is meant to give sellers a bit of a look into the buyer's head. A chance to see things from the buyer's perspective without the candy coating we agents typically put on things.

10) Leave your "friendly" dog roaming free inside the house when you know we are coming to see it.

Not all buyers are dog people. Many whether they are dog people or not will actually be scared of your dog. I have had clients refuse to go into homes because the dog was out. Or they go in but don't stay long because the dog is either scared of them or overly friendly. It's hard to pay attention to a home when your nether regions are being inspected by Fido. If the buyers are true dog people they are going to focus on the dog not on the house. Trust me I have seen it happen. One way or the other your pet has effectively distracted the buyer from looking at your home.

9) Leave something aromatic cooking in the crock pot for your dinner that night

Not all buyers are going to be fans of your food choices. In fact if it is particularly aromatic and something the buyer's don't care for, they are likely to ask me if I think the smell will come out or leave quickly because they don't like the smell. They were so focused on your food choice they didn't look at your house.

8) Keep photos of your family up throughout the house

Guess what, buyers are going to look at your family photos to try to figure out who you are, do they know you, how many kids do you have?
Guess what they are not doing? Looking at your house.

7) Keep all your nick knacks out

I know they are precious to you but honestly they are distracting to the buyer. Instead of looking at the fabulous mantle the buyer will be looking at all the items on the mantel. As with family photos, buyers will often comment on these items trying to form opinions on who you, the sellers, are rather than focusing on the home. Pack them up in boxes so you have one less thing to do later on moving day.

6) Make it difficult for me to show your house

I know selling your home is a pain, that you have a life and the appointment time I'm suggesting might not fit into your schedule.
But, hey I have a buyer that wants to look at your house. You want to sell your house right?

Know what happens when you can't make that appointment time work? The buyer goes and looks at other houses that are available to see at that time. Do buyers reschedule to see your house at a later date? Often times not. Many buyers find another home that they like or are just not interested in going back to see one they couldn't see right away. I am not saying that you have to turn your life completely upside down and backwards. I am just saying that if our appointment time does not work for you don't be surprised when we don't reschedule. The buyer is likely to have moved on.

5) To continue on the pet theme, leave your cat roaming free throughout the house with a note by the front door stating "Please do not let the cat out".

You are setting up a stressful rather than relaxing situation for the potential buyer and for me the buyers agent. Buyers are forced to dash in and out of doors rather than wander freely throughout the home and property. They miss out on the opportunity to call back into the house to their spouse or partner that "they have got to come see this garden, bbq area, hot tub etc" because they had to shut the door so the cat didn't get out. If they do get wrapped up in looking at the house and forget to shut doors I have to remind them instead of pointing out the features and benefits of your property. You just made me the nagging hall monitor instead of the helpful agent. When your pet does manage a jail break, as I swear 99% of them do, I am forced to give chase to Houdini the Wonder Kitty. Meanwhile my buyers are cooling their heals either irritated that we are off schedule or more likely worried that you are going to be mad if we don't catch your pet and get them back inside your home.

Again the focus has been shifted away from your home.

4) Don't replace burned out light bulbs or use low wattage bulbs.

Yes I know it's only the laundry room, a closet or the spare bedroom you never use but guess what? The buyer wants to see these spaces and when the buyer can't see it they can't form an opinion. Use a good high watt bulb that appropriatley lights the space. While the lower wattage bulb will save on your electric bill it will also make for a dark space. Dark spaces do not impress buyers. I will typically bring a flash light to help out when a bulb is out but it is still not the same as having a working bulb with the appropriate wattage to light the room to the best benefit. Buyers will focus on the burned out bulb instead of the space. Is it just the bulb? Is there something wrong with the fixture? If the bulb is dim buyers will focus on how dark the space is instead of how useful it might be.

Don't give them a chance to wonder and worry just replace the bulb and show off the assests of your home in the "best light".

3) Close all the curtains and turn off all the lights

When we walk into the house instead of immediately noticing the great things about the house we are going to be fumbling around looking for light switches. It is likely that either I or one of the buyers may stub a toe on a hall table trying to find the switch. Buyers are hesitant to enter dark areas. In a home that is dark the buyers tend to follow me around as I turn lights on instead of lingering in various rooms to focus on what they might like about a room. They feel more like they are intruding and less like they are welcome. Instead of paying attention to the homes benefits they worry about whether they remembered to turn a light off as they left a room. They also don't get as much of my attention because instead of being able to answer their questions about whether or not the fridge is included or what the square footage of the lot is I am running around opening and shutting drapes and turning light switches on and off.

I know it may not be practical to leave all the drapes open and all the lights on all the time. At least leave the drapes open on the windows with the best views and leave a few lights on so we can find our way around the house. If it was on when we got there I will leave it on when we depart. If it was off I will turn it off. Please at least leave the porch light on. I do carry a flashlight but it is just not the same as pulling up to a home with a welcoming porch light on.

2) Turn the heat down

I know especially if you have already moved out that you would like to save on that energy bill but if it is colder in your house than it is outside buyers don't want to linger. They don't get a warm cozy feeling from your home. They just feel cold and that feeling transfers to an emotional opinion of your home. If you can't keep the heat all the way up at least keep it at 55 so we are comfortable in our coats and for heaven sake if you are going to turn the heat down don't expect us to take our shoes off, leave some shoe covers.

One of the quickest ways to drive a potential buyer out of your house is to make them view a cold house in stocking feet. It is hard to admire the spacious kitchen when your feet are being flash frozen by the cold tile floors.

1) Stay in your home while we are showing it

This is the BEST most SURE FIRE way to make a large majority of buyers uncomfortable. Buyers don't even come close to paying attention to the features and benefits of a home if you are there. They are so nervous about offending you and so uncomfortable looking at your home while you sit in your living room or worse follow them around that they rush through. They will tell you thanks for letting them look and dash out. Upon leaving they can't begin to tell me if they noticed what colors the wall were, if there was carpet in the living room or if they liked the kitchen or not.

What they do tell me is "That was uncomfortable", "I don't like looking at homes when the seller is there" and "Can you make sure the seller will be gone at the next one, if they are there I don't want to see it"

Leave, even if you go sit in your car, take a walk around the block or dash over to your neighbors, just leave. The buyer will stay longer and pay more attention to your home then if you are there. If they are interested in your home and have questions I will call your agent and ask. Think about it. Would you feel comfortable wandering through someone's master bedroom and checking out the closet space while they were sitting in the living room?

If the buyers fall in love with you home and decide to make an offer there will likely come a time where they will want to meet you and discuss your home at length and in detail with you. Typically buyer's and seller's agents are more than happy to set up this meeting. It is just not the first time the buyers are viewing your home.

Again, Please keep in mind these statements are meant to be helpful to sellers and give them a chance to look at things from the buyer's perspective. These are just some of the things that may not typically be thought of as a big deal but do in fact distract buyers focus.

This BLOG is courtesy of Noelle Blazevich
John L. Scott - North Bend
Posted in Active Rain 4/9/2010

Posted in Uncategorized
April 18, 2010

Easy Home Improvement Tips

Posted in Uncategorized
April 6, 2010

Dust if you must...

Remember...a layer of dust protects the wood beneath it.  A house becomes a home when you can write  'I love you' on the furniture .'

I used to spend at least 8 hours every weekend making sure things were just perfect - 'in case someone came over'. Finally I realized one day that no-one came over; they were all out living life and having fun!

NOW, when people visit, I don't have to explain the 'condition' of my home. They are
more interested in hearing about the things I've been doing while I was away living life and having fun.

If you haven't figured this out yet, please heed this advice. Life is short. Enjoy it!

Dust if you must .......but wouldn't it be better to paint a picture or write a letter, bake cookies or a cake and lick the spoon or plant a seed, ponder the difference between  want and need?

Dust if you must, but there's not much time . . . . with shrimp to eat, rivers to swim and mountains to climb , music, to hear and books to read, friends to cherish and life to lead.

Dust if you must,  but the world's out there with the sun in your eyes, the wind in your  hair, a flutter of snow, a shower of rain. This day will not come around again.

Dust if you must, but bear in mind, old age will come and it's not kind. . .

And  when you go - and go you must - you, yourself will make more dust!

Share this with all the wonderful people in your life.

It's not what you gather, but what you scatter that tells what kind of life you have lived.

Posted in Uncategorized
April 4, 2010

Top 5 Tax Perks for Buyers, Sellers and Homeowners

The Top 5 Tax Perks for Buyers, Sellers and Homeowners - 2009 Tax Edition

by Tara-Nicholle Nelson
Trulia's In-house Consumer Advocate

It's tax time, but it doesn't have to be excruciating, especially if you bought, sold or owned a home in 2009.  While so many of us think of tax time as time to write a check, the Obama Administration's stimulus package promised to reverse that tradition, effectively writing a check (in tax credit format) to buyers, sellers and even  short sellers and those who lost a home through foreclosure.

Take this quick list of tax tips to your personal tax guru and cash in your check from Uncle Sam!

    1.  2009-10 First-time Homebuyer
     Tax Credit
  • Who It Helps: Recent (or current!) homebuyers who had not owned a home in the 3 years prior to buying, but bought one in 2009 or this year (must be in contract on or before April 30, 2010).  Depending on when you bought (or buy! there's still some time left!) income and purchase price limits may apply.
  • How It Helps: Depending on your income and purchase price, you can receive up to an $8,000 fully refundable tax credit.  (That means if you were already getting a refund, you'll get a bigger one!) You can claim the credit on your 2009 tax return (the one you file on April 15th), even if you bought in 2010.
  • IMPORTANT NOTE: Per the IRS website, "because of the documentation requirements for claiming the credit, taxpayers who claim the credit on their 2009 tax return must file a paper — not electronic — return and attach Form 5405."

    2.  2009-10 Move-Up Buyer Tax Credit

  • Who It Helps: Current homeowners who have lived in the home they are selling, or have already sold, as their principal residence for five consecutive years of the last eight years who closed escrow between November 7, 2009 and July 1, 2010, so long as they are in contract on or before April 30, 2010.
  • How It Helps: Eligible homeowners can receive a tax credit of as much as $6,500, depending on income. You can claim the credit on your 2009 tax return (the one you file on April 15th), even if you bought in 2010.
  • IMPORTANT NOTE: Can't e-file to collect this one, either - see #1, above.


    3.  Energy Efficient Housing Tax Credits
  • Who It Helps: Homeowners who invested in making their homes more energy-efficient in 2009 and 2010.
  • How it helps: Offers them a 30 percent tax credit on qualifying purchases of energy-efficient furnaces, windows and insulation.

 

 

    4.  Private Mortgage Insurance Deduction
  • Who It Helps: Homeowners who bought a home in 2009, and put less than 20 percent down on their homes. These are the folks whose lenders required them to pay for PMI, or private mortgage insurance.
  • How It Helps: Allows them to deduct the costs - upfront and monthly - of PMI.

 

 

    5.  The Mortgage Forgiveness Debt Relief Act 
  • Who It Helps: Short sellers, owners who lost homes through foreclosures or had their mortgage balance reduced through loan modifications.
  • How It Helps: Normally, when a loan is cancelled or forgiven through, for example, a short sale or foreclosure, the cancelled debt is transformed into taxable income - and the IRS comes looking for their cut.  Under this Act, qualifying mortgage debt forgiven through foreclosure, short sale or loan modification is allowed to be excluded from taxable income.  The forgiven mortgage debt must be a loan on your personal residence, and must be related to the purchase of your home (if you pulled a bunch of cash out and did a short sale on that mortgage, you might not qualify).

 

On top of these above-and-beyond tax credits, deductions and exemptions, longtime and brand-new homeowners should also look forward to claiming meaty tax deductions for basic closing costs (origination fees, taxes and points - oh my!), property taxes and mortgage interest deductions.

As always, talk to your tax preparer to see if you qualify for any of these tax perks.  And don't delay - the countdown to April 15th is on.

Posted in Uncategorized
April 4, 2010

The Top 5 Tax Perks for Buyers, Sellers and Homeowners - 2009 Tax Edition

The Top 5 Tax Perks for Buyers, Sellers and Homeowners - 2009 Tax Edition

by Tara-Nicholle Nelson
Trulia's In-house Consumer Advocate

It's tax time, but it doesn't have to be excruciating, especially if you bought, sold or owned a home in 2009.  While so many of us think of tax time as time to write a check, the Obama Administration's stimulus package promised to reverse that tradition, effectively writing a check (in tax credit format) to buyers, sellers and even  short sellers and those who lost a home through foreclosure.

Take this quick list of tax tips to your personal tax guru and cash in your check from Uncle Sam!

    1.  2009-10 First-time Homebuyer
     Tax Credit
  • Who It Helps: Recent (or current!) homebuyers who had not owned a home in the 3 years prior to buying, but bought one in 2009 or this year (must be in contract on or before April 30, 2010).  Depending on when you bought (or buy! there's still some time left!) income and purchase price limits may apply.
  • How It Helps: Depending on your income and purchase price, you can receive up to an $8,000 fully refundable tax credit.  (That means if you were already getting a refund, you'll get a bigger one!) You can claim the credit on your 2009 tax return (the one you file on April 15th), even if you bought in 2010.
  • IMPORTANT NOTE: Per the IRS website, "because of the documentation requirements for claiming the credit, taxpayers who claim the credit on their 2009 tax return must file a paper — not electronic — return and attach Form 5405."

    2.  2009-10 Move-Up Buyer Tax Credit

  • Who It Helps: Current homeowners who have lived in the home they are selling, or have already sold, as their principal residence for five consecutive years of the last eight years who closed escrow between November 7, 2009 and July 1, 2010, so long as they are in contract on or before April 30, 2010.
  • How It Helps: Eligible homeowners can receive a tax credit of as much as $6,500, depending on income. You can claim the credit on your 2009 tax return (the one you file on April 15th), even if you bought in 2010.
  • IMPORTANT NOTE: Can't e-file to collect this one, either - see #1, above.


    3.  Energy Efficient Housing Tax Credits
  • Who It Helps: Homeowners who invested in making their homes more energy-efficient in 2009 and 2010.
  • How it helps: Offers them a 30 percent tax credit on qualifying purchases of energy-efficient furnaces, windows and insulation.

 

 

    4.  Private Mortgage Insurance Deduction
  • Who It Helps: Homeowners who bought a home in 2009, and put less than 20 percent down on their homes. These are the folks whose lenders required them to pay for PMI, or private mortgage insurance.
  • How It Helps: Allows them to deduct the costs - upfront and monthly - of PMI.

 

 

    5.  The Mortgage Forgiveness Debt Relief Act 
  • Who It Helps: Short sellers, owners who lost homes through foreclosures or had their mortgage balance reduced through loan modifications.
  • How It Helps: Normally, when a loan is cancelled or forgiven through, for example, a short sale or foreclosure, the cancelled debt is transformed into taxable income - and the IRS comes looking for their cut.  Under this Act, qualifying mortgage debt forgiven through foreclosure, short sale or loan modification is allowed to be excluded from taxable income.  The forgiven mortgage debt must be a loan on your personal residence, and must be related to the purchase of your home (if you pulled a bunch of cash out and did a short sale on that mortgage, you might not qualify).

 

On top of these above-and-beyond tax credits, deductions and exemptions, longtime and brand-new homeowners should also look forward to claiming meaty tax deductions for basic closing costs (origination fees, taxes and points - oh my!), property taxes and mortgage interest deductions.

As always, talk to your tax preparer to see if you qualify for any of these tax perks.  And don't delay - the countdown to April 15th is on.

Posted in Uncategorized
April 4, 2010

Top 10 Must-Have Features in Today’s New Homes

Top 10 Must-Have Features in Today’s New Homes

By Steve KerchPrint Article Print Article

RISMEDIA, January 25, 2010—(MCT)—Americans want smaller houses and they are willing to strip some of yesterday’s most popular rooms—such as home theaters—from them in order to accommodate changing lifestyles, consumer experts told audiences at the International Builders Show.

“This is a traumatic time in this country and the future isn’t something we’re 100% sure about now either. What’s left? The answer for most home buyers is authenticity,” said Heather McCune, director of marketing for Bassenian Lagoni Architects in Park Ridge, Ill. Buyers today want cost-effective architecture, plans that focus on spaces and not rooms and homes that are designed ‘green’ from the outset,” she said. The key for home builders is “finding the balance between what buyers want and the price point.”

For many buyers, their next house will be smaller than their current one, said Carol Lavender, president of the Lavender Design Group in San Antonio, Texas. Large kitchens that are open to the main family living area, old-fashioned bathrooms with clawfoot tubs and small spaces such as wine grottos are design features that will resonate today, she said. “What we’re hearing is ‘harvest’ as a home theme—the feeling of Thanksgiving. It’s all about family togetherness—casual living, entertaining and flexible spaces,” Lavender said.

Paul Cardis, CEO of AVID Ratings Co., which conducts an annual survey of home buyer preferences, said there are 10 “must” features in new homes:

1. Large kitchens, with an island. “If you’re going to spend design dollars, spend them where people want them—spend them in the kitchen,” McCune said. 2. Granite countertops are a must for move-up buyers and buyers of custom homes, but for others “they are on the bubble,” Cardis said.

3. Energy-efficient appliances, high-efficiency insulation and high window efficiency. Among the “green” features touted in homes, these are the ones buyers value most, said Cardis. While large windows had been a major draw, energy concerns are giving customers pause on those. The use of recycled or synthetic materials is only borderline desirable.

4. Home office/study. People would much rather have this space rather than, say, a formal dining room. “People are feeling like they can dine out again and so the dining room has become tradable,” Cardis said. And the home theater may also be headed for the scrap heap, a casualty of the “shift from boom to correction.”

5. Main-floor master suite. This is a must feature for empty-nesters and certain other buyers, and appears to be getting more popular in general. That could help explain why demand for upstairs laundries is declining after several years of popularity gains.

6. Outdoor living room. The popularity of outdoor spaces continues to grow, even in Canada. The idea of an outdoor room is even more popular than an outdoor cooking area, meaning people are willing to spend more time outside.

7. Master suite soaker tubs. Whirlpools are still desirable for many home buyers, but they clearly went down a notch in the latest survey. Oversize showers with seating areas are also moving up in popularity.

8. Stone and brick exteriors. Stucco and vinyl don’t make the cut.

9. Community landscaping, with walking paths and playgrounds. Forget about golf courses, swimming pools and clubhouses. Buyers in large planned developments prefer hiking among lush greenery.

10. Two-car garages. A given at all levels; three-car garages, in which the third bay is more often than not used for additional storage and not automobiles, is desirable in the move-up and custom categories.

(c) 2010, MarketWatch.com Inc.

Posted in Uncategorized
April 4, 2010

Top 4 Questions Home Buyers Have About the Tax Credit

Top 4 Questions Home Buyers Have About the Tax Credit

Print Article Print Article

RISMEDIA, March 29, 2010—As the April 15 deadline to file 2009 federal tax returns approaches, the National Association of Home Builders (NAHB) is providing answers to some of the questions home buyers are most frequently asking about the home buyer tax credit.

“NAHB’s website that provides information about the home buyer tax credit, www.FederalHousingTaxCredit.com, has received more than 8 million visits,” said NAHB Chairman Bob Jones, a builder and developer in Bloomfield Hills, Mich. “We are doing everything we can to make sure home buyers are informed about this outstanding opportunity to benefit from buying a home before it expires April 30.”

Some of the more commonly-asked questions, and the answers, include:

1. How does a home buyer claim the tax credit?

The credit is claimed when the home buyer files or amends their federal income taxes. For qualifying homes purchased in 2009 or 2010, the taxpayer must complete IRS Form 5405 and attach a copy of the settlement statement. In most cases, the settlement statement is a properly executed Form HUD-1.

In circumstances where a HUD-1 is not provided, such as purchasing a mobile home or a newly constructed home, the IRS will accept an executed retail sales contract (mobile homes) or a copy of the certificate of occupancy (new homes).

2. Does the home buyer have to sell their current home in order to qualify for the $6,500 repeat home buyer tax credit?

A home buyer does not need to sell their current home in order to be eligible for the repeat buyer credit. They can continue to own both homes, and rent or use their former home for something else, as long as it no longer serves as their principal residence. The taxpayer is required to use the new home as their principal residence, and live in it for at least 36 months, or they will have to repay the credit.

3. Do married couples both have to meet the eligibility requirements in order to claim the credit, even if they file taxes separately?

Both spouses must fully meet all the eligibility requirements for either the $8,000 first-time home buyer tax credit or the $6,500 repeat buyer tax credit, regardless of if they file joint or separate tax returns. However, if an unmarried couple purchases a home and only one person qualifies, the eligible person may claim the full credit.

4. Do all home purchases need to be completed by April 30, 2010, in order to be eligible for the credit?

There are two exceptions to the April 30 deadline. If the buyer enters into a binding contract by the deadline, they have until June 30, 2010, to complete the purchase. The deadline has been extended a year, to April 30, 2011, for members of the uniformed services, Foreign Service or employees of the intelligence community who have been on qualified extended duty outside the United States for at least 90 days between January 1, 2009, and April 30, 2010.

For more information, visit www.nahb.org.

Posted in Uncategorized
March 25, 2010

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

 

 

March 20, 2010

10 Staging Tips to Help Your Home Sell

10 Staging Tips to Help Your Home Sell

By Jean Patteson

RISMEDIA, March 19, 2010—(MCT)—Want to sell your home? Get out the bucket, mop and Mr. Clean. The key to making a positive first impression is simple, said Sandra Rinomato, host of HGTV’s popular “Property Virgins” show.

“Get it clean, clean, clean,” said Rinomato. “If your house isn’t clean, it instantly sends up negative thoughts that the home is not well maintained. If your house is spotless, you’re ahead of the game,” she said.

But don’t stop there, advised Rinomato. To increase your chances of making a sale, “stage” the house to make it as attractive as possible. Until recently, “Staging meant pulling out all the stops—setting the dining table with your best china and crystal, arranging flowers, lighting candles,” she said. “Now we take the minimalist approach. Basically, you want to strip the house to its bare essentials, depersonalize it so potential buyers can superimpose themselves and their lifestyle on the house.”

Rinomato offered the following tips for staging a home:

1. Visit model homes and examine shelter magazines for inexpensive decorating ideas. Always keep in mind you are not decorating for yourself but for the general public.

2. Start with the outside. Give the house a fresh coat of paint, add shiny hardware to the front door and plant a few flowers to send a subliminal message the house is loved and well cared for.

3. Declutter every room to make it look larger. Get rid of family pictures, trophies and knickknacks. Closets and drawers should be no more than 30% full.

4. Invest in eco-friendly but bright lights. Open the drapes or remove them completely. “Light, bright rooms give the impression this is a happy place—and everyone wants to move into a happy place,” said Rinomato.

5. Feature only a few pieces of furniture with mainstream appeal. Pull pieces away from walls to make rooms look bigger.

6. Make sure a room’s primary use is obvious. A bedroom should look like a bedroom, not an office, hobby center or gym.

7. Bedrooms and kitchens are difficult to stage because they are in daily use, but make the effort. Clear everything off the counters and nightstands, roll up the rugs and hide the laundry hamper. Buff the cabinets with car wax and clean under the sinks. Invest in pristine white bed linens and towels.

8. Minimize the “pet effect.” Remove food bowls and litter boxes to the utility room. Deodorize thoroughly.

9. Organize the utility room and garage. Hang up the bicycles, roll up the hose. Renting a storage locker is worth the cost if it helps you sell faster and for a higher price.

10. Once your house is staged, invite your friends or Realtor over and walk them through to get an objective opinion.

(c) 2010, The Orlando Sentinel (Fla.).

Distributed by McClatchy-Tribune Information Services.

Posted in Uncategorized
March 10, 2010

Partnership of Three Companies

Carolina Beach, NC -- Victory Beach Vacations, Victory Real Estate (VRE) and Coastwalk Real Estate are excited to announce a partnership that will result in turn-key real estate services for existing homeowners wanting to rent, for those looking to buy, and for those wanting to sell.

This powerful alliance is formed between three leading real estate firms. Victory Beach Vacations focuses on Vacation Rentals. Victory Real Estate leases properties long term. Coastwalk Real Estate sells houses, condos and land.

These firms have seen significant growth these past few years, and the new partnership will most certainly further the demand current property owners, buyers and sellers will have for their services. As a result of this partnership, a new Coastwalk Real Estate branch office has opened at Victory Beach Vacations headquartered at 206 Fayetteville Ave in Carolina Beach. Michele Dew is the Broker-in-Charge at the new location. She brings 20 years of local experience and excellence to the Coastwalk / Victory team and will service all of New Hanover County.

"Nearly 3,000 vacationers pass through the Victory Beach Vacation lobby every year. Our new branch office will be equipped with flat screen TVs and sales literature on the homes we have for sale. Vacationers interested in buying property will have sales information at their fingertips. For our SELLER-clients, our new office will provide additional exposure for their property" said Justin Donaton, owner of Coastwalk Real Estate.

Clients of Victory Beach Vacations, who rent their properties through the firm, will benefit greatly by receiving additional exposure through joint marketing between the companies. "Coastwalk Real Estate is one of the top real estate firms in the area. They have a terrific reputation. Through this relationship Victory Vacation properties and http://www.victorybeachvacations.com/ will be exposed to an even wider audience. This is a significant win-win for all of our clients and customers,” said Caroline Meeks, owner of Victory.

VRE manages long term properties in Pleasure Island, Wilmington and Brunswick County. They are the only long term property manager in the area that is a member of the Better Business Bureau. They offer: Exceptionally LOW maintenance costs. They ruthlessly cut junk fees from their model. In 2009, 70% of their properties were occupied within 45 days opposed to a 150 day market average and the company grew at 400% growth in 2008, and 2009.

The newly formed relationship will also provide Victory Beach Vacation and VRE clients with exposure in the heart of downtown Carolina Beach, as it is the location of Coastwalk’s main office. “We are excited to be able to offer our clients turn key services....from buying to selling to renting. What better way to do this than to combine the forces of three very strong companies, who each provide top-notch targeted service in their respective areas of expertise," said Meeks.

The partnership will provide many additional benefits to the companies’ clients', such as VIP Downtown Parking, Restaurant Discounts and Priority Property Access. For more information, please contact Caroline Meeks of Victory Beach Vacations at 910-458-0868; Ralph Hunter of VRE at 910-805-0621 or Justin Donaton of Coastwalk Real Estate at 910-352-0998.

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