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Selling Investment Houses: Props & Profits
New Marketing and Design Psychology ideas help you stage homes for sale to motivate buyers and generate top dollar. Instead of leaving investment houses vacant, my husband and I add a few props to increase our profits. Visit nearby model homes and examine the way the interior designers furnished the homes. Notice how the designers under furnished the model homes by using just enough accessories to make a superb presentation, but not too much to make the rooms seem crowded or small. Using a few props to dress up your house helps you sell for the maximum profit in several ways: 1. Props chosen with underlying psychological benefit supplement the emotional reactions desired, including the perceived room temperature. 2. Props add perspective with visual depth -- vacant rooms look flat. 3. Props help to keep property in the mind of buyers who view many houses. 4. Props are focal points for buyers to imagine their own furnishings in the home and get them thinking on living in the space. Embellishments Equal Extra Dollars Accessories which we use over and over to dress up different properties for sale include: lush green plants, paintings, mirrors, lightweight round tables with exquisite fabric skirts, and antique side chairs. We have an uncomfortable but great-looking antique sofa, upholstered in leopard print, which we move from dollhouse to dollhouse for visual appeal. A sturdy table and chairs to sign contacts is invaluable to you. Don't let motivated buyers get away because it is too difficult to finalize the sale at the property. A simple card table with a striking fabric skirt adds soft texture to rooms with all hard surfaces and few furnishings. This helps counter the bleak emotional impact of hard surfaces and vacant spaces. Borrow props from your home. This saves money and time spent shopping. Also, when you bring the item home again, it seems to show up more and have more importance. Plan your interior plants and flowers for your selling season. Pick up vases and containers at yard sales. Take advantage of what you have growing either at your dollhouse, at home, or from friends. Freshly cut green tree branches add visual coolness in warm weather and autumn leaves add visual warmth in cool weather. Don't go overboard with props. You don't want to overcrowd the space or even come close to furnishing it. Buyers like to visualize their own furnishings in your dollhouse. (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 http://www.doghousetodollhousefordollars.com/pages/5/index.htm
MORE RESOURCES: After 30 years of marriage, Sharon and Michael Newman decided it was finally time to move from the Catskills to New York City. Meet the real estate broker’s interns: an ambitious group willing to do anything, earn nothing and wake up early on a Sunday to fluff the couch cushions at open houses. More borrowers are opting for fixed-rate loans with terms other than the standard 30 or 15 years, especially when it comes to refinancings. Insurance coverage for a co-op unit; when a tenant is ‘blacklisted’; a co-op is smaller than estimated. A shaky real estate market means more sellers are providing buyer concessions, from gift cards to help with paying property taxes. Nearly two million Americans could benefit from mortgage relief from the nation’s biggest banks, as part of a broad government settlement to be announced on Thursday. A cold war-era satellite relay station is for sale in California after a Silicon Valley mogul gave up on plans to turn it into a weekend home. Court hearings meant to protect New York homeowners from foreclosure are hopelessly slowed by endless paperwork and requests for additional information. The Bay Area and Silicon Valley expect the windfall from the Facebook stock offering to make their in-demand region even hotter. A 10-year-old house with six bedrooms in Montvale, N.J., and a renovated four-bedroom in Bronxville, N.Y. Trinity Church is the largest landlord in Hudson Square and is part of the effort to rezone the area to residential from manufacturing. Rising oil prices and a boom in shale exploration are leading companies to add office space in the Houston area, most notably Exxon Mobil. Ms. de França is the president and chief executive of Douglas Elliman Development Marketing, which focuses on new residential developments. In Manhattan, parking lots and garages are making way for all sorts of development, especially luxury condominiums. Gray Burton lives in a 250-square-foot space he furnished with antiques he’s been collecting for years. A photogenic Westchester suburb with high-profile residents is also known for its art museum and a performing arts center. Wealthy investors are wiring millions of dollars to New York to snatch up a piece of 157 West 57th Street - what will be New York City's tallest residential building, with 90 floors overlooking Central Park. An apartment at the Trump International Hotel and Tower, opposite Central Park, was bought anonymously through a limited liability company. A 10-year-old house with six bedrooms in Montvale, N.J., and a renovated four-bedroom in Bronxville, N.Y. Plants that light up the winter garden can be found at Broken Arrow Nursery in Connecticut, which has long been a favorite of gardening geeks. A sister in need drew the painter Beverly McIver back home to North Carolina, unaware that a new beginning was in store for both of them. Timothy Sakamoto and Jochen Repolust are part of the small but growing niche making mobile apps focused on specific works of architecture. To promote an auction of 20th- and 21st-century design, the interior designer Stephen Sills has created a preview exhibition in an apartment at the Apthorp. Fishs Eddy now sells plates acquired from the archives of the now-defunct Syracuse China Corporation, many more than 100 years old. The designer Russell Greenberg creates custom baby rattles with ends shaped like profiles of mom and dad. |
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