|Real Estate Information
Selling Houses: Flooring & Feelings
Buyers think they love Italian tile and other hard floor surfaces, but they actually feel happier when they're walking on softer surfaces such as padded carpeting and padded laminate. Even so, you'll want to give some serious thought to the floors in your home if you want to sell quickly, and for the highest profit.
Flooring Colors for Quick Sales
Choose neutral, light colors for floor surfaces, because they won't clash with a buyers' furnishings. Buyers can easily paint over colored walls, but changing floor surfaces is much more difficult and expensive. Therefore, the colors you bring into play when staging your home for resale is best left to areas other than flooring.
Hard Floor Surfaces and Marketing Psychology
Always weigh the cost vs. benefit ratio before making flooring decisions. For instance, tile floors in bathrooms increases property value and sales appeal, but learning to install tile floors takes time, and the cost can be prohibitive. However, many types of linoleum simulate tile surfaces, and your cash outlay for professional installation will be considerably less. Using carpet instead of hard flooring in bathrooms saves even more money and ties spaces together for a more spacious feeling, such as in a main bedroom suite.
Install kitchen flooring before you install new appliances. Usually, you save money by hiring the same installers to put in new hard flooring and carpeting. However, that can also be a balancing act, because you want to finish painting and construction prior to installing carpet.
Carpeting and Buyers
Before making the decision to replace stained wall-to-wall carpeting, try cleaning it first. I tested a trick suggested by my carpet company owner on the badly-spotted bedroom carpet in one of our investment properties. Following her advice, I sprayed Windex directly on the spots, scrubbed gently with a brush, and then wiped with a wet rag, and the spots disappeared!
Buyers love new carpeting, especially if they get the chance to pick it out. If the existing carpeting is truly awful, rip it out and clean the floors. Then, if the home doesn't look too terrible, some investors find it worthwhile to offer the house for sale at that point and offer a carpeting allowance. Personally, I think properties show much better with all flooring in place, so we always install it.
Earth Friendly Flooring
Upscale buyers love cork and bamboo flooring. They're environmentally-friendly choices, because both are easily renewable.
Cork oak trees aren't destroyed; the bark is harvested every nine years, and they can continue providing bark for 200 years! Buyers love cork's feeling of softness under their feet, and cork flooring provides a great sound barrier.
Bamboo is both sustainable and beautiful. It's actually a member of the grass family and is one of the fastest-growing plants on Earth, growing to full maturity within five or six years. Buyers love the distinctive look of bamboo. Natural bamboo colors range from light tan and caramel to honey browns, and the subtle grain patterns accent both linear and horizontal planes, adding visual depth and making rooms look larger.
Using the concepts of Design Psychology, you'll either choose simple or elegant flooring for your home, depending on your prospective buyer's income level, and employing Design Psychology strategies will help you create floors that buyers won't be able to wait to walk on barefoot!
(c) Copyright 2004, Jeanette J. Fisher. All rights reserved.
Professor Jeanette Fisher, author of Doghouse to Dollhouse for Dollars, Joy to the Home, and other books teaches Real Estate Investing and Design Psychology. For more articles, tips, reports, newsletters, and sales flyer template, see doghousetodollhousefordollars.tk/pages/5/index.htm
Buying a Newly-Built Home? Ten Benefits of Using a Real Estate Professional
It might not seem necessary to involve a real estate professional in a transaction where a buyer can deal directly with a builder. However, by using a real estate professional, you have someone to protect your interests and guide you along the right path.
Coming to Las Vegas - the Las Vegas Real Estate Boom
Nobody seems to be 'Leaving Las Vegas' anymore - in fact just the opposite is true. Just as in the time of the rush Las Vegas real estate has been drawing the attention of investors and new citizens alike.
How To Go About Selling Your Home On Your Own
In days of booming real estate, you would think that selling a home shouldn't be too much of a task. And if it's going to be that easy then why not do it on your own and save yourself on thousands of dollars in commissions.
Home Inspectors: 5 Tips to Choosing the Right One
Choosing the wrong Home Inspector can cost you a lot more than the fee you paid. If you choose a home inspector solely on price alone, your headed down a dangerous highway.
Taxes When You Sell Your Home
What's the difference between death and taxes?Death doesn't change every time Congress meets. But taxes certainly did in 1997, and the Taxpayer Relief Act of that year made a dramatic difference in the tax liability of those who sell their own homes.
When is the Best Time to Move?
As Realtors, we are often asked, "When is the best season to move?" This is a tough question, one we cannot answer for you. Most people are asking about price, do they fluctuate throughout the year? NO.
Home Selection Checklist - A Good Aid When Choosing a Home
This home selection checklist is a tool to help you select a home that is right for you and your family. Before you select a home and get a mortgage, you need to know if you will be happy with the home you select for the coming years.
Spain Excellent Choice for British SIPP Investors
Second homes in favourite holiday destinations such as Spain are likely to be top of the shopping list when the pension rules change April 6th 2006, allowing individuals to invest in residential property through Self Invested Personal Pensions (SIPPs).Research shows that Spain's mature market makes an excellent choice for SIPP investors, with capital growth still high and forecast to grow at 10% a year for the next five years at least.
If Your House Is a Mess, You Dont Have To Sell For Less
Don't be tempted by "We Buy Houses" or "Sell Your Ugly House in 9 days for Cash" ads.These savvy real estate investors look for sellers under duress.
Property Auction & Why You Should Run A Mile From Them
That's A Funny Thing To Say About Property Auctions; They're All The "RAGE, Aren't They?"From The Desk Of Colm DillonHello Colm here ..
Buying a Home -- Is a Home Inspection a Good Idea?
To avoid "buying a pig in a poke," buyers have long demanded the closing on a home purchase be contingent upon a satisfactory inspection by a home inspection firm. In many parts of our country, we're now experiencing a strong sellers' real estate market and sellers often receive more than one purchase offer on the same day for their home.
Sell Your Income Property For More
Selling income property isn't like selling a house. You can paint a house, and get a little more because it looks nice.
Purchase Online Tenancy Agreements
Buy an on-line Tenancy Agreement now. As a landlord and also as a tenant it is important that there is a comprehensive tenancy agreement in place to protect both parties.
Buying a Home: The 5 Biggest Mistakes that a Home Buyer Makes
As a Professional Real Estate Inspector I get to see and hear the right and wrong things people do when buying a home. These 5 tips will help you choose the right Real Estate Agent the first time.
Becoming A Battle Hardened Real Estate Veteran Without All The Scars
Step 1 is always to determine the fair market value(FMV). As a real estate investor, you can always buy properties at the FMV.
Real Estate, Real Property and Leased Land; Definitions, Discussion and Explanations
Delaware, and the rest of the original British Colonies, has some land that is leased rather than owned by the residents of that land. Much of it is not evident to the casual observer.
Real Estate Investing - Maximum Leveraging of Your Money
At this moment, you have access to some amount of money, from the extremes of only pocket change to the reserves of Bill Gates or Warren Buffet.Suppose you want to invest your funds into some vehicle that will multiply the return.
Homebuyer Heaven Can't Possibly Last
With interest rates at record lows over the past year, there's really only one way for them to go, the only question is when. Most experts agree that rates will remain fairly stable in the short term, at least until the end of the year, and some believe they will even decrease slightly.
3 Top Real Estate Investing Methods for Maximum Wealth
Real Estate investing can be used to gain wealth in three major ways -1. Long-term Real Estate investing is most often utilized using appreciation as a planning tool.
Finding a Great Listing Agent for Your Home: 8 Tips
If you've decided to list your home, you'll be paying a real estate agent a significant amount of money to the hard work of selling your home. Therefore, you have the right to expect prompt attention, good service, and protection.
|home | site map