Listing Courtesy of BERKSHIRE HATHAWAY HOMESERVICES GALLO-L
Staging is to an Lewes home what packaging is to a supermarket product: a vital element that can supersede all others. Product managers rely on advertising and marketing efforts to create awareness among consumers, just as homeowners use their Realtor’s marketing know-how (the listing, web page, signage and all their other advertising initiatives) to bring local prospects to the door. Then, just as well-designed, attractive packaging is what finally moves a product off the shelf, it is first-class staging that can transform casual lookers into Lewes home buyers.
The goal of staging is to draw observers in; to help them picture whether the property’s spaces have all the nuances of what in their own mind’s eye constitutes a welcoming home. Bottom-line studies continue to verify that, staged correctly, homes sell more quickly. Although there are few absolute staging dos and don’ts, (after all, staging is an art); we can point to a number of probably don’ts. They’re relatively easy to avoid:
Failing to Incorporate the Outside
No matter how beautiful a home is once you open the door, prospective home buyers want to be proud of their new Lewes digs. Even if it will be marketed as a fixer-upper, a welcoming exterior is always a welcome surprise. If, on the other hand, dirty windows, dry grass, and cracks in the sidewalk greet buyers, that first impression can be counted on to drive offer numbers in the wrong direction. Staging efforts need to encompass the whole enchilada!
Neglecting the Little Things
When it comes to staging, nothing is completely unimportant. Light fixtures, cabinet knobs, faucets, drawer pulls—even electric outlet covers—all contribute to the cumulative impression a local home conveys. It doesn’t mean that every tiny detail needs to be replaced; only those that are conspicuously damaged or dirty need to get attention.
Failing to Capitalize on Natural Light
As photographers know, "It’s always all about the light!" The fewer dim corners, the better. Staging a home to accentuate its rooms’ natural light is important, and where needed, boosting with lamps and overheads.
Forgetting the Nooks and Crannies
Assume that prospects see everything. Before a showing, a last quick walk-through of the whole home is a good idea. Check for stray items that are out of place, and be sure all is properly swept and neatened.
Opting Not to Use a Professional Stager
If the whole prospect of diligent staging isn’t appealing, it makes good business sense to hand it over to a staging professional. Pro stagers see every detail with a trained eye, and work to create a rich atmosphere—not just a collection of rooms.
From a buyer’s first glance at your listing to its ultimate sale, each step of the way is an opportunity to propel the process. The first one of those steps is choosing the Lewes Realtor® who will add energy and expertise to the campaign: I hope you’ll consider me!
It’s really as simple as this: when Lewes mortgage interest rates are low, good things happen in Lewes real estate. And last week, when The Washington Post commented on the news coming out of Washington, it indicated exactly that. “Mortgage rates fall for the third week in a row” was the headline summarizing the latest data from Freddie Mac. It was good news—but there were also new grounds to wonder how long it was going to last.
One of the key reasons for the strength of Lewes’s residential market has been shown in the ‘affordability’ index, which gives a numerical answer to the question every prospective local home buyer understands: can I afford it? The index uses a number of economic factors to come up with the answer to whether typical families can afford the monthly cost of a typical home. Of course, it all revolves around what that monthly cost actually is. For local buyers, that cost rises and falls along with Lewes interest rates.
So the latest figures once again signaled smooth sailing. Nationally, Freddie Mac reported that the 30-year fixed-rate average had ‘slipped’ to 3.93%. Anything less than 4% is, in historical terms, really low. As homeowners who were around at the start of the 1980s will tell you, when mortgage interest rates climb into double digits, the monthly payment amounts grow so steep the whole market is hamstrung (in 1981 and 1982, mortgage interest rates averaged north of 16%!)
That’s the reason why anyone who is even beginning to lay plans to buy or sell knows their budget will be affected by the direction Lewes interest rates head. Consulting expert opinion hasn’t helped much over past few years, either. Most seers have been predicting a rise in rates for quite a while. They’ve been consistent (in being wrong).
Nevertheless, at the end of last week it looked increasingly likely that their expectations might finally be met—and soon. Federal Reserve’s Chairman Yellin has been issuing statements that indicate a bias toward raising Fed rates, if the economy can sustain them. On Friday, the latest labor reports were widely hailed as indicating the kind of strength that she had been talking about. The year’s final Fed meeting will take place on December 15-16. If they do raise the benchmark federal funds rate, Lewes mortgage interest rates will certainly follow. The real question on both fronts was how much…
When you decide to buy or sell a home, Lewes mortgage factors are important, yes—but they are only some of many considerations. One factor that won’t change is that I will be standing by, ready to help on all fronts! Call/Text me Russell Stucki at (302) 228-7871, email me at email@example.com, visit more listings at www.beachrealestatemarket.com.