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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: The talk show host pays $12 million for the 4,088-square-foot house with four bedrooms and four bathrooms. The ocean-view home sits on 1.26 bluff-top acres with beach access. In one of the more talked-about transactions in town, actors Brad Pitt and Angelina Jolie have sold their Malibu beach house to daytime host and comedian Ellen De Generes for $12 million. The four-bedroom, five-bathroom house built in 1920 for industrialist James Wigmore lists for $2,875,000. A decorative cast stone entrance opens to this restored Spanish Colonial Revival-style house in Pasadena's South Orange Grove area. Built in 1920 for industrialist James Wigmore, the house retains such original details as coffered wood ceilings and arched doorways. They don't believe they can sell their property for what it's worth, so they're spending money on making their homes more comfortable. Do you fit any of these descriptions? A biennial research report by the National Assn. of Realtors indicates that a handful of real estate agents and brokers and their clients either don't know the law or don't care to follow it. When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves. The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages. The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments.
The Standard & Poor's/Case-Shiller index of 20 large U.S. cities fell 1.3% in November from October as foreclosures continue to drag down the housing market. Three straight months of home-price declines in the biggest U.S. cities showed that foreclosures remain a significant drag on a housing market that is entering its fifth year of deterioration. L.A. Clipper Chris Paul may be quick down the court, but he moves pretty fast when it comes to buying multimillion-dollar real estate too.
Karen Mena managed to get a foreclosure on her San Bernardino home rescinded. But she continues to negotiate with Bank of America over loan terms and could still lose the house. Foreclosure commonly represents the end of a struggle. A borrower can't pay a mortgage, loses a home and moves on. A.F. Leicht designed quirky Spanish Revival houses in Los Angeles as well as evangelist Aimee Semple McPherson's landmark Angelus Temple. His interiors often had irregular-shaped or curved walls, rooms or hallways. This Los Feliz villa, with rounded rooms, fancifully shaped living room French doors and elliptical master bathroom, captures his signature style.
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