Real Estate News

Tips for Selling Your Home


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DAILY REAL ESTATE NEWS

Produced by Inman News

December 14, 2011

Sponsored by Lowe's

4 ways to attract more buyers to real estate listings

Don't underestimate power of online marketing, private showings

By Dian Hymer
Inman News™

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Some buyers are looking for a home that's located in a specific neighborhood. Others have more flexibility regarding where they live. But most buyers share one thing in common: They want a home that's in move-in condition.

Start working on attracting buyers to your home by putting the property in good condition before it goes on the market. In most cases, it's not a good idea to show your home to a prospective buyer before it's ready to be shown. Photos should also wait until your home presents itself well.

Pay attention to "curb appeal"; first impressions are lasting. Some buyers drive by without taking a look inside if they don't like the way a house looks from the street. The yard should be clean and tidy. Replace the front lawn if it's dead; the same goes for plants that have seen better days. Flowering plants make your home look festive and inviting.

Peeling paint should be touched up, if possible. If an entire exterior paint job is called for, consider changing the color scheme to enhance the appeal. One seller repainted the exterior of his home before selling without consulting his agent or a colorist. He repainted using the existing color scheme, which was out of date. The house didn't sell quickly. When it did, the first thing the buyers wanted to do was change the color of the exterior.

Repair deferred maintenance, particularly if it's visible from the street. You want to convey the impression that your home has been well maintained. If you can't afford to repair...

WOW! What a home!


LOWESREALTORBENEFITS.COM LOWES MOVING LOWES.COM INMAN.COM

DAILY REAL ESTATE NEWS

Produced by Inman News

December 14, 2011

Sponsored by Lowe's

From Marilyn Monroe to 'Mad Men,' $12M mansion has storied history

House of the Week: from Curbed.com

By Curbed.com

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Click here to view the full photogallery.

Location: Chatsworth, Calif.
Price: $12 million
The Skinny: It might be just 60 years old, but the Fox Residence has many lifetimes' worth of history attached to it. Designed by the modernist duo of Pereira & Luckman, the sleek midcentury manse was -- and all of this is according to the brokerbabble so please take it with a grain of salt -- built for Dora Hutchinson, heiress to the Chase Manhattan Bank fortune, who threw lavish parties and hosted the likes of Ava Gardner and Lucille Ball.

Judy Garland and Vicente Minnelli are said to have married on the property, before Hutchinson returned to New York and began renting the place to Frank Sinatra. Sinatra then sublet the guest house to the one-and-only Marilyn Monroe, who supposedly had a tryst with John F. Kennedy here.

With all that history, it's no wonder that the place...

Tips to Save Energy and Add Value

When it comes to energy efficiency, look for smart features and expertise to help you save energy and money and add value to your home.

1.BEGIN WITH A RIGHT-SIZED HOME.

If the home you buy is simply too large for you or your family’s needs or plans, you stand a good chance of wasting energy through excessive heating and cooling costs. If it’s too small, you’ll feel cramped and uncomfortable. It’s a big investment, so seek balance and buy it “right” from the outset.

2.PURCHASE ENERGY STAR APPLIANCES SUCH AS YOUR TV, DISHWASHER, WASHER AND DYER, AND MICROWAVE. 

And especially the refrigerator, as it alone contributes about 10 percent of the energy use in a home. Also, unplug electronics not in use or turn off power strips to avoid phantom charges.

3.INSTALL EFFICIENT LIGHTING SUCH AS COMPACT FLUORESCENT (CLF) OR LED BULBS IN EVERY FIXTURE.

Lighting accounts for about 6 percent of an energy bill each year.

4.GET AN ENERGY AUDIT AND HAVE TESTS PERFORMED TO IDENTIFY WAYS OF IMPROVING YOUR EFFICIENCY.

You can always upgrade your heating, ventilation, and air conditioning (HVAC) system as well as your thermal envelope, which includes insulation, windows, and doors and the seals or weather-stripping around them.

Visit energy.gov / energytips for more tips.

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