Real Estate Staging Mistakes To Avoid
More and more agents and brokers are beginning to recognize the importance and benefits that comes with home staging before putting the properties they represent on the market. But what they fail to realize can waste valuable time, create undue pressures and stress, and sink valuable resources into a black hole. There actually is a science to real estate staging.
Here are a few of the issues that cause many agents to stumble when trying to stage to sell according to Barbara Jennings, director of the Academy of Staging and Redesign.
1) Inability to advise sellers of the benefits of staging – No seller looks forward to spending more cash to prepare their house to sell. Yet it is a rare house that requires little to no work. But if the proper tasks are done right, it is amazing how costs for staging are reduced while making a dramatic improvement in the look and feeling of the house.
2) Inability to keep from insulting the sellers – No one likes to be told that their house is a mess, that their decorating efforts are dreary or dreadful, that their house is in disrepair, or that it smells awful. So getting the truth across to a seller without totally insulting them is an art that few agents have mastered. This is one reason why it helps dramatically to bring in a professional stager to give the bad news, keeping the seller/agent relationship in tact.
3) Ignorance of interior design concepts – One cannot hope to properly conduct a proper real estate staging service if one does not know basic interior redesign concepts. How much furniture is kept in each room and where it is placed are crucial elements to successful staging of the property.
4) Failure to go far enough in the staging concepts – Knowing how much to do is as important as knowing what to do when it comes to real estate staging. Far too often untrained novices are afraid. Fear immobilizes. You really only get one opportunity to launch a home for sale for the greatest impact. So if it is not handled properly the opportunity is lost, or at the very least, it is downgraded.
5) Failure to hire professionals to manage the staging – Saving money is always a concern and no one like the idea of spending money to make money. But when it comes to real estate staging, spending money is often required. There are many tasks that will not involve costs, such as rearranging furniture and accessories however. Professional stagers are the most reliable people to lean on when it comes to good staging techniques.
Barbara Jennings has over 20 years experience in the interior redesign and home staging industry. Barbara’s Academy of Staging and Redesign is the world’s largest and most affordable home study interior redesign and home staging training center.
Get yourself luxury vacation home – read how to do that.
A First Step To Good Stock Investing
The stock market has been fairly flat since the beginning of December, and that means its a good time to assess your relationship with your investments.No matter what your market prefrence is from stocks to Forex, it’s a great opportunity to consider how things have worked for you in the past and what you can do moving forward.
First, ask yourself why you trade in the first place. Why do you use the strategy you use? Do you just hand your money to a major broker and pray they will make you money? Does that mean that your main strategy is to not deal with investing… to run away and hide in the hope that your nest egg will grow. Maybe your strategy is to put your money with a company like Scottrade, eTrade, or Ameritrade and actually make the trades yourself. Are you doing that for the
excitement of winning and losing kind of like being in Las Vegas? Maybe you like to awe your co-workers with your trading knowledge. It’s really critical that you be aware of your underlying motivations. The ones beyond the obvious response of wanting to make money.
Now is the time to put together a winning trading methodology. Get ready for the upturn in the market. Here are a few tips.
No matter what your motivation is for trading, you’ve got to get your emotions out of the picture. If you get excited when you win and sink into the pits of depression when you lose, then you will discover that you lose and lose and lose.
Next, decide on your target objectives for trading. There are a few basic things to think about. How much effort are you ready to spend onyour investments? How much ROI are you looking for? How much risk will you assumeon the money you invest… in other words, how much are you willing to lose? How much are you willing to spend on learning to invest? Come up with a statement of objectives in the form, “I am ready to invest ??____ dollars and I am looking for a ____ percent annual return on my investment where I spend ____ hours per week/month managing my investments after spending _____ hours and _____ dollars learning how to invest.”
Next, come up with your overall investment strategy for moving forward. Are you going to put your money in a bank? Are you going to put some money into guaranteed municipal bonds and some into mutual funds? Get specific about how you intend to reach your objectives.
Before you actually invest a penny, you’ve got to have an investment plan. The investment plan defines when you will actually put your money into an investment and when you will take your money out of an investment. If you are investing in a stock, then this plan will tell you when you should invest in the stock. What value should it be at? What should it’s recent history look like? Does the performance of the stock meet certain technical analysis criteria? Does the company meet some fundamental analysis criteria? Your plan should also tell you when to sell the stock. That tells you the risk you are taking.
Now, the trick is to follow the plan no matter what happens in the market… and this is where the emotionless mind comes in. If you completed your plan correctly, then if you follow it to the letter you will get the results that you seek. It’s really strange though, that most people stop following their plan. You will only win consistently by following your plan.
After you exit the investment, then you need to do a de-briefing in your own mind. Take a look at what happened, how your plan served your objectives, and what you could have done better. With this simple analytical approach to investing you will be much more successful no matter what your overall investment strategy.
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I was accustomed to either a lot of hard work, or to paying through the nose for quality website traffic.
After several months of testing and meticulously tracking the results from using Bishop’s software, I can say without hesitation that he “walks the walk” and that his software provides proven methods to gain inbound links, improve search engine rankings, and capture traffic from numerous high traffic sources.
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http://TheInternetMarketingInnerCircle.com
—————————————————-
My name is Bishop Anders, and it won’t surprise me one bit if you’ve never heard my name before, but I would be very surprised if you haven’t heard of at least a few of my “custom made for marketing” programs.
I’m known in certain circles because I am THE go to guy when it comes to SEO and web traffic software [period]. In fact, it would be easy enough for you to do some basic research and find that my software company is one of the largest Internet marketing software companies on the entire internet.
I’VE MADE IT HERE BECAUSE MY SOFTWARE GETS RESULTS!
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Personally, I wasn’t satisfied to sit there forever waiting for visitors to arrive while my website went stale. What I wanted was FREE traffic, and lots of it.
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Read also about forex managed account – another way to make money.
Important Basics of Investing in Property in South Africa
For those people who are considering investing in property in South Africa it would be useful to know the following options that are available to choose from.
• Property Syndication
Property Syndication is an unlisted investment scheme, which gives the opportunity for a group of investors to purchase property and become part owners in both ways, directly of indirectly. These schemes can be structured in different ways with a number of cost layers attached to them. The reason it is beneficial is that you pay lower individual entry cost as it is spread amongst a group of investors, but it should be pointed out, it can involve very high maintenance costs. Except the fact that there is no formal market there is also scope to manipulate property values. As concerning the disadvantage of Property Syndication, the biggest one is probably that it is hard to exit this type of investment with the liquidity constraints that it offers.
• Direct Property Ownership
Direct Property Ownership investment includes purchasing your own property with the main idea of renting it out. The full control over the property is the biggest advantage while the disadvantage is that it lacks liquidity and demands a high entry cost and, in addition, you need to actively manage your investment.
• Exchange Traded Funds (ETF)
Talking about ETF, it should be mentioned that this type of investment is established as a collective investment scheme much like a unit trust. The aim here is to replicate the price and yield performance of a specified Index as far as possible. These units or shares are generally listed on a financial exchange like the JSE. You should also know that benefits include a low entry cost and easy access as well as flexibility and it is rather liquid and transparent in terms of the investment and interest and offers a well-regulated market. As concerning the disadvantage it is that you can’t manage your portfolio actively.
• Joint Venture or Partnership
Joint Venture or Partnership allows you buy into an investment with the help of other parties. That you gain access to higher value properties without paying it on your own and that is the advantage of this type of investment. A very important fact to mention is that except lacking liquidity there is also little or no diversification of assets. The other disadvantage is that it offers low-income yield and the odd chance and it means that you might have some disagreements with your partners.
• Listed Property
First of all it should be pointed out that this is Property Unit Trusts (PUT’s) and Property Loan Stock (PLS’s), which is effectively REIT’s. High liquidity and professional management is the biggest of this type of investment. This investment offers costs that leaves nothing to implications and protects the investors with a highly regulated market. Of course, there is also a disadvantage and it is that you can’t control which properties are bought but it is available for you to sell in a very liquid market in the case that you do not like the strategy of the PUT or PLS.
• Collective Investment Schemes
Collective Investment Schemes evolves a unitized fund set up under a trust deed and this makes the participation of investors in a larger pool of property assets available. It is very important that this investment is highly liquid and managed by professionals and it offers explicit costs and a considerable diversification of assets both geographically and across. Steep management fees are considered to be the biggest disadvantage.
• Offshore Property
Offshore Property as a type of investment can be made in any of the previously mentioned options. Though there is also the additional dimension of offshore investment diversification. You can spread your risks across different geographical regions and that is the reason why this diversification is a great benefit. The fact that you might not understand the foreign market and purchase into low-quality properties and the exchange rate risk are those disadvantages that you should be aware of.
Read this free anti scam guide before you start looking for the answers to “where to invest money” questions.
Find out how people use 90 junk silver to save paper money from inflation.
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