A NYC-Specific Glossary of Real Estate Terms

Confused by your broker's lingo? Not quite sure of the difference between a coop and condo? This NYC-specific glossary of real estate terms should help explain what he/she is talking about, and might even hurry along the buying or renting process.

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The Importance of Lighting When Selling

The following is a guest post from Patti Stern, PJ & Company Staging and Interior Decorating. Lighting is a key element that should not be overlooked when preparing a home for sale. If not updated, it will convey the age and condition of a home. The right light will not only enhance a home’s features, but […]

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Home Sellers Today Use Their Hearts, Not Just Their Heads

According to a survey released today by Coldwell Banker Real Estate, recent sellers are significantly more likely to choose an offer based on emotion rather than money alone compared to pre-recession years. An infographic details key survey highlights.

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New Apartment Therapy Series Highlights “Selling in Seattle”

With its bustling tech scene and down-to-earth vibe, Seattle has quickly become one of the hottest real estate market in the U.S. That’s why we’ve teamed up with Apartment Therapy – a lifestyle website devoted to helping people make their homes more beautiful, organized and healthy – for a five-part weekly series titled “Selling in Seattle.”

AT Logo

The series, which begins today and runs every Sunday through June 14, will feature Team Franz + Joe (also known as Franz Diessner and Joe Overland of Coldwell Banker Bain). For the next five weeks, we’ll go behind the scenes and see what it’s like to sell in Seattle. We’ll hear stories from some of Franz + Joe’s recent sellers and learn their top advice for selling a home in a hot market.

Franz and Joe Street

Check out the first post of the series today on Apartment Therapy, and learn more about Team Franz + Joe’s top advice at www.coldwellbanker.com/seller-experience.

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Home Improvements to Consider Before Listing Your Home

Preparing to list your home? What home improvements should you do and what ones have the greatest return on investment? When you are putting your home up for sale, you have two main goals; a timely sale, and receiving the best possible price. In order to achieve these goals, your home needs to present itself in the best possible light. While every home buyer has different ideas about what the “perfect home” is, you as the seller need to ensure that your home appeals to the widest variety of home buyers possible.

So What Does This Mean:

  1. De-cluttering: This is always the first thing because it makes your home look much more organized — even down to how many items you have on your fireplace — and it make your rooms look much larger. Organizing goes hand in hand with de-cluttering as buyers want to see how they can organize their stuff.
  2. Paint and Clean: First, you must make certain that your color palate throughout your home equals or is superior to your competition. No, buyers cannot see beyond that. If you seek professional advice, you will paint the correct colors. Touch up, freshen up and clean everywhere! Wallpaper is a huge negative, so consider taking it down prior to listing.
  3. Updating: If you need granite or new appliances, and you are trying to maximize your profit and your competition has it, you better have it as well! Perhaps you need updated light fixtures or door knobs? If so, then do it! Buyers typically consist of two working spouses or partners and have busy lives. You must be proactive and make sure your home equals or exceeds your competition!
  4. Exterior: The same holds true for the outside. Fresh mulch, flowers, and power washing (if required) are essential! Remember, this is the first thing that a buyer sees.
  5. Staging: Professional staging or, at a minimum, a stager’s advice is essential! It is a proven fact that a staged home sells for more money and in a much quicker amount of time. I utilize the service of Julie Pelly, owner of Creative Staging. I strongly recommend to sellers that she and her team evaluate every home prior to going on the market. Some homes need redecorating, accents, or perhaps updated or missing furniture at every price point. Typically, a stager will use items in a seller’s home and redistribute them.

Preparing your home for sale can seem overwhelming at first. Home Improvements may or may not be necessary, but be receptive to doing them — keeping in mind your return on investment. Utilize a real estate professional and home staging expert to help you develop a customized plan of action. The results will be amazing and the return on investment will be worth it! You must do everything possible to make your home stand out from your competition! Lighting rooms before showings and having your home show in the best possible way will pay back dividends. The real estate market in the Philadelphia suburbs including Bucks , Montgomery, and Chester counties changes almost on a daily basis! Put your best foot forward to stay ahead of the curve. Remember, a home buyer may only visit your home once. Are you totally prepared?

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