Thursday, November 7, 2024 / by Sarah Jones
The Institute of Luxury Home Marketing
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The Institute of Luxury Home Marketing
In my last newsletter, I spoke about REALM Global Network and what makes it such an incredible organization and how it can benefit my clients. In case you missed it, REALM provides me and my team with fantastic, cutting-edge information and the ability to learn from my peers who live and work all over the world. In addition to REALM, I am a member of the Institute of Luxury Home Ma ...
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Thursday, November 7, 2024 / by Sarah Jones
Myth vs reality - improvements = value increase
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Myth vs. Reality: All Improvements and Repairs Increase the Value of Your Home
Here's the reality:
Return on Investment (ROI) Varies: Not all improvements and repairs yield a significant return on investment. While some renovations like kitchen upgrades or adding a bathroom can increase value, others may not add as much value as expected. The ROI depends on various factors including the local real estate market, the quality of the renovation, and current trends.
Over-Improvement Risk: Over- ...
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Wednesday, November 6, 2024 / by Sarah Jones
Overpricing A Property
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Overpricing a Property
Overpricing your home when selling it can have several negative consequences:
Limited Interest: Potential buyers may be deterred by the high price, reducing the pool of interested parties. This can lead to your property staying on the market for longer periods, which can be both financially and emotionally taxing.
Appraisal Challenges: If the asking price is significantly higher than the market value, it may not appraise a ...
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Wednesday, October 2, 2024 / by Andrew Depcrynski
Curb Appeal
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Curb Appeal
Curb appeal is crucial when selling a home because it creates the first impression and sets the tone for potential buyers. Here are a few reasons why it's important:
First Impressions Matter: Buyers often make quick judgments based on how the property looks from the outside. A well-maintained exterior can instantly attract interest and make buyers more eager to see the inside.
Increases Perceived Value: A home with strong curb appeal often appears more valuable, even if it's priced similarly to others. Attractive landscaping, a fresh coat of paint, or upda ...
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Wednesday, October 2, 2024 / by Andrew Depcrynski
Renovating a Duplex to a Single Family Home
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Converting a Duplex back to a Single Family House
Converting a Duplex to a Single-Family home is a significant renovation project that involves various considerations, including legal, structural, and design aspects. Here's what you need to know to undertake such a conversion:
Check local zoning and regulations:
Begin by contacting your local zoning department to understand the zoning laws and regulations in your area. Zoning laws vary, and some areas may have restrictions on converting multi-family dwellings to single-family homes. You ...
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