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    How To Sell Your House

    Pros offer tips on making your home more attractive to potential buyers — ditch the clutter; less is best

    Shelby Hodge
    Jun 18, 2015 | 10:56 am

    We are all familiar with the adage that baking cookies or bread in your home just before a showing to potential buyers can enhance the feeling of warmth and help the house shoppers connect with your home.

    But there are other steps home sellers should take when preparing the house or condo for sale and at the top of the list is staging. That aspect of the real estate market is so important today that there are accredited staging professional classes and certifications.

    "Staging is so important in this market as it can show a buyer how they could live in the property and increase the perceived value of the home," says Lisa Kornhauser with John Daugherty Realtors. "A great stager could use homeowners existing furniture, add pieces from their collection or stage a vacant house all from their inventory. Staging a home is a way of bringing it to life. The key is to make sure that you use the right kind furniture and accessories that work best in the home."

    "You have to create a look that triggers a buyer to respond well to a house. Staging is scientific, it's not just decorating."

    While there are a number of interior designers and professional stagers who assist homeowners, Greg Williams and Steve Cook of ShowHomes run a turn-key operation, covering everything from furnishing vacant homes to providing their own contractors for updating to working with landscapers on curb appeal.

    "Our goal is to put the house in the best show condition possible," Williams says. "We try to show prospective buyers what the home has for them."

    Interior designer and professional stager Gail Taylor of Taylor & Taylor Designs regularly does staging for leading real estate agents. Her advice is simple, "The key words I tell my clients before staging are: Clean, clutter-free, organized, neutral walls, light and bright, and always . . . less is best. It's hard for buyers to picture their furnishings in a new home. They view the home as it is presented to them."While he agrees that effective staging involves visual esthetics, it is as much about placement. "It's not so much about the stuff that's in the house as it is the placement that is used to show off the house."

    The goal is to create a setting that will increase the perceived value of the house. For Williams that means the home must look on trend. It should feel calm and serene. It should be sophisticated.

    "In the Houston real estate market, it has become something of a beauty contest for houses," he said. "You have to create a look that triggers a buyer to respond well to a house. Staging is scientific, it's not just decorating."

    He pointed to studies that show that rooms that are cluttered "with lots of stuff" cause a physical reaction in the potential buyer. "The heart rate goes up. The blood pressure goes up and alarms go off that this isn't the right place for them."

    Staging is a key element in preparing your home for real estate listing.

    On the Market 5100 San Felipe No. 76E Four Leaf Towers April 2015
      
    Photo courtesy of © TK Images
    Staging is a key element in preparing your home for real estate listing.
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    Real Estate Rumblings

    Vacation home sales surge as buyers seek fun and a good investment

    Ralph Bivins
    Jul 7, 2015 | 10:43 am
    Vacation home sales surge as buyers seek fun and a good investment
    Photo courtesy of HomeAway
    Rental income is an important factor in buying a vacation home, says Jon Gray of HomeAway, an online marketplace that connects renters with vacation homes like this one on Lake Austin.

    Sales of vacation home sales are surging across the nation as Americans seek out their own place for a family retreat, a regular vacation spot or a place to ski, sail, fish or hike.

    Vacation home sales were up a whopping 57 percent in 2014 over the sales of 2013, according to a national report by the National Association of Realtors.

    “Vacation home sales are skyrocketing,” says Dallas-based journalist Candy Evans, a CultureMap contributor and founder of CandysDirt.com and Secondshelters.com. “Vacation home sales have shown astounding growth. I get 50 emails a day from developers with new projects that are coming up.”

    “Vacation home sales have shown astounding growth," says Candy Evans. "I get 50 emails a day from developers with new projects that are coming up.”

    Evans, who moderated a vacation homes panel in Miami at the National Association of Real Estate Editors Conference, says the surge is driven by “The One Percent” – affluent households who have done well in the stock market in recent years.

    “The wealthy got even wealthier since the recession of 2008,” says John Klemish, broker in-charge at the upscale Greenbrier Sporting Club resort in West Virginia.

    The buyers at the ultra-luxe Greenbrier often pay all cash and the typical buyer there has at least three or four other houses, says Klemish.

    The massive Baby Boomer generation is supporting the surge in the vacation home market as they acquire vacation homes now and plan to convert them to their primary residences after retiring.

    The top choice for vacation home buyers is the beach, according to the National Association of Realtors Vacation Home Buyers Survey.

    Last year, 40 percent of vacation buyers purchased in a beach area, 19 percent purchased in the country and 17 percent purchased a vacation home in the mountains. The average buyer purchases a vacation home that is 200 miles away from his/her primary residence.

    Foreign buyers are also supporting the vacation home boom. Owning real estate in a country with a stable economy can be an appealing haven to affluent people from other parts of the world.

    The top choice for vacation home buyers is the beach, according to the National Association of Realtors Vacation Home Buyers Survey.

    “We’ve seen a huge desire for real estate from flight capital,” says Phillip Day, an executive with the IMI vacation realty company in Greenville, S.C. “We see a lot of people from Europe and South America.”

    The ability to get rental income by renting out a vacation home is attractive, says Jon Gray, chief revenue officer at Austin-based HomeAway, an online marketplace that connects renters with vacation home owners.

    The owner of a vacation home gains $28,000 a year, on average, by renting out their vacation home, Gray says. Many vacation home buyers can cover half, or even three-fourths of their mortgage payments with rental income, says Gray, a panelist at last week’s NAREE conference.

    Orlando Realtor Chris Cain, author of “Your Made in the USA Vacation Home” says the investment aspect of vacation home buying is huge. And it is appealing to a cross-section of buyers, not just the ultra-rich.

    “If your primary residence is the best investment of your life,” says Cain, “why not buy a vacation home, too?”

    Ralph Bivins, former president of the National Association of Real Estate Editors, is founding editor of Realty News Report.

    Rental income is an important factor in buying a vacation home, says Jon Gray of HomeAway, an online marketplace that connects renters with vacation homes like this one on Lake Austin.

    HomeAwayLuxuryLakeAustinVilla
      
    Photo courtesy of HomeAway
    Rental income is an important factor in buying a vacation home, says Jon Gray of HomeAway, an online marketplace that connects renters with vacation homes like this one on Lake Austin.
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