Thursday, August 20, 2020

Taking on DIY projects

Taking on DIY projects


In today's economy, we're seeing more and more homeowners doing DIY projects. DIY projects can potentially save the homeowners hundreds of dollars and increase the value of the home. Although I give kudos to anyone attempting to improve their home, it can be a disaster. How many times have you walked into a house and thought, "who botched up this job?" only to find out that the homeowner did it?


I understand that people are trying to save money ( who isn't?), but I say don't take on more then you can handle, or the outcome can cost you money.
When considering doing the job yourself, use these simple guidelines to ensure that you can handle the situation and that it's being done right.
  • Use resources like Home Depot or Lowes to get ideas of what the project is going to cost and how difficult it's going to be.
  • If you don't have the right equipment, consider renting it rather then buying it. That can save you money, of course, you should consider buying it if you intend to do more projects.
  • Ask friends or family who have experience to help you out. You can offer to pay them or barter out your service if you have something to offer them.
  • Find your local trade school and see if they have an apprentice program. Sometimes these apprentices are looking to gain experience or hone their skills. They might be willing to work for very little pay. You will get a knowledge student and a helping hand.
  • Research the project on the internet. You have vast tools at your disposal, use it.

If, after doing your homework, you find out that this might be a bigger job, then you thought, consider hiring an expert. This way, you know it will be done right, and it will probably cost you less in the long run, especially if you started a project, botched it up, and now have to hire a professional to fix it. 



#AbellaHomeStaging



Thursday, August 6, 2020

Vacant Staging, why is it such a tough sell??

Vacant Staging, why is it such a tough sell??



Why is it such a tough sell? When you take the cost of carrying the mortgage plus expenses like utilities, times that by the many months it has "Sat" on the market, it can add up to a substantial amount. Staging a vacant home could potentially save the homeowners thousands of dollars, yet they cringe when you show them the cost of staging their home.

Some stagers state the fact that the reason some homeowners don't want to stage is that they would have to dish out the money. While reducing the listing price is just "paper money." This may be true, but if you have the chance to increase your profits, why wouldn't you take it?? Vacant staging works because buyers can't see the potential of the house. Have you ever looked at MLS listing of a vacant home? Can you tell me what purpose the room serves? 





I recently had a call from a homeowner who had a vacant home on the market. When I looked at the MLS listing, I couldn't tell which room was the master bedroom, dining room, or family room. The only space I could identify was the kitchen (for obvious reasons!). This was a 3.6 million dollar home!! I should have been "wowed," but I wasn't. It has been on the market for over seven months. Imagine the expenses the homeowner is carrying?? Yet when I told her the cost of staging her vacant home, she didn't want to spend the money. Call me crazy, but I don't get it. 



When you break it down, vacant staging is worth the cost, so why can't homeowners see that? The fact that they would rather continue hemorrhaging money is baffling to me. If you take into consideration what it will cost you in the long run, staging a home will save you money. And that my friend is a fact you can take to the bank.

#AbellaHomeStaging