Monday, August 11, 2008

Getting “PUNCHY” about Great Real Estate Reads

While many people think that a home stager’s job is just to be glorified interior decorators... we actually do much more. So while making a home look good is important, a stager’s job typically begins with a much less glamorous task of putting together a Punch List of repair and maintenance tasks sellers need to complete prior to going to market.

So whether you are a home seller or a real estate blog reader, a Punch Lists can be of great value. These lists simplify, guide and direct us as to where we should focus and invest tour time and efforts. That is why I am calling my top 5 choices the “Punch List of Real Estate Do Reads” submitted for this week’s Carnival of Real Estate.

Making my top 5 list (in no special order) for this week are:

DO READ: “3 Bogus Real Estate Statistics - Know Them or Be Burned By Them” by Joe Manausa at Really Better Real Estate. I gotta admit I enjoyed Joe’s discussion on why he feels the 80/20 Rule, 153 Days is the average market time, and Average Selling Price is 97.3% of List Price are all bunk.

DO READ:  “Every House’s Value is Dropping Except Mine!” by Amy Bohutinsky at the Zillow Blog. Amy, I can only say “from your blog to seller’s ears!” Nice job.

DO READ:  “When Do Schools Start In St. Louis” by Karen Goodman at St. Louis Real Estate Insights. While I don’t live in St. Louis, I gotta admit I found Karen’s post to be quite interesting, and would venture to bet that what Karen notes as a trend in St. Louie takes place all over the country.

DO READ:  “Fannie Mae Adds New Risk-Based Pricing and ‘Adverse Market’ Fees for All Conforming Mortgage Applicants” by Dan Green at The Mortgage Reports. If you have read any of his past posts you know that Dan is as prolific as the title to this post of his is long.  In this post he shares great insight as to why he expects that loan-level pricing adjustments will continue to increase for a 5th and 6th time before 2009.

DO READ:  “How to Sell My House” by Surfer Sam at Surfer Sam Online. With each new day a new seller comes to market. Because this is so, the advice Sam offers never is old. In this post Sam does a nice job breaking get a home sold down to the basics.

I hope find my list of 5 my “to do” list of real estate blogs for this week informative. However, I gotta admit reading through all the posts submitted to the 103rd Edition of the Carnival of Real Estate left me a bit punchy. But I am glad to be a host... cause each week the Carnival points to something that expands my knowledge and understanding to the ever changing, complex and multifaceted world of real estate.

Blog on!
Me

32 comments:

Karen Goodman said...

I'm glad you saw beyond the local aspect of my post, and that school starting is likely to affect markets around the country.

Thanks for putting me in your top 5!

Natal property said...

Yes i am agree with your ideas,you have great knowledge about real estate.

RV Dealer said...

nice post. keep up the good work.

Dave said...

Good story. Along the same lines, you should check out this Chicago Tribune Story: Listing time-stamp levels Web playing field, at
http://www.chicagotribune.com/business/chi-re-sichel-online-limits-0727jul27,0,7152851.story

cannedguds said...

I was trying to find some blogs regarding home staging careers or jobs in New York and I've stumbled upon this article and I should say it was quite impressive and in one way or another, it can help me get more ideas about this great place. I'm actually scheduled to talk to a group of people there who wants to be home stagers and real estate investors. My main topic would be more on home staging courses . I think this will run for a week or so and if time permits, one month. thanks for sharing this post of yours!

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great post....well said Craig...

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Jennifer said...

Your blog has rekindled my interest in home staging services.
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Chicago Interior Designer said...

Some very good real estate articles to read.

Thank you!

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Home Builder Toni said...

Hi,

I fully agree about the importance of the "less glamorous tasks". Tasks that are the foundation of glamour?

Toni

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Anonymous said...

Hi Craig
I see that this blog remains posted, so I thought I would add the rest of the story.... there's always 3 sides to a story. HIS, HERS, & THE TRUTHS.
As a trained professional home stager, I would like everyone to know what wasn't mentioned in the blog.
The $240,000 condo owner had a $1,000.00 budget. So for a $1,000.00 this is what Adam received. The degree of difficulty to get to this third floor condo without an elevator, on small, steep, snowy stairs was ridiculous. The photos reflect a room that wasn't staged, and parts that were left out. The parts where my company placed curtain rods and curtains on the front window and in the bedroom. Also, the hardware on the kitchen cabinets were replaced included in the $1,000 price for parts and labor. The inventory was very expensive and is sometimes used in $500,000 homes that I've staged. The living room was like a submarine and the realtor acknowledged that there was so much more activity once the condo was staged and the photos were changed on the mls. Also, upon Adam's request, I replaced the living furniture and accommodated his needs. None of this was mentioned. Besides the fact that the condo was dirty and because there was a showing the day it was staged, we cleaned everything, including the windows. Also.... the condo has been SOLD for months. This client had no idea what staging was about and decided to take the advise of friends who really don't have any idea about staging. The idea is to allow potential buyers to know what the purpose of a room is and to be able to visualize themselves living there. This task was accomplished. Even after our phone conversation, Craig, you chose to continue to show this blog that does not have all the facts about the situation. I hope you don't have to experience someone tearing your work apart.... By the way, what kind of training do you have? Decorating? We all know that Staging is the exact opposite of decorating. So what allows you to be the expert. Because you say you are?
Trying to gain acknowledgement through demeaning someone else is very unprofessional.

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