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Home Staging — Is it Really Worth the Expense? December 20, 2007

Posted by bobgauger in General, Resources, Seller Tips, home staging.
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Quality home staging significantly improves a seller’s chance to affect a quick sale at the highest possible price.  This is why we have a home stager on our team. While my expertise is marketing, pricing in today’s market, contract negotiations and seeing a transaction through the settlement process, Jill Oliver, our staff Home Stager, provides the expertise in organizing and home staging. When applicable, we have Jill consult with our clients to prepare their home for the market.

Here is a recent Q&A with Jill:

  • What would you say are the top three things that sellers should do to their house before putting it up for sale?  
    De-Clutter, organize and clean, make necessary repairs, update.
  • Is it important to ‘depersonalize’ a house before showing it? Are there any exceptions? 
    Yes, it is very important to depersonalize a home before putting it on the market.  People want to envision themselves living in the house, but if there are personal pictures hanging on the walls and on every surface, they will not be able to see themselves in the home – they will just see the pictures.  If my clients are adamant about their pictures, I tell them to leave a couple, and leave them in the more private spaces of the home: upstairs, bedrooms, etc.
  • Can a house that is too personalized hurt its chances of being sold? 
    Yes.  You want to make the home as neutral as possible.  You want to market your home to as many different people as possible.  So neutralize the color scheme, the decorating and the furniture.
  • Should rooms with unique or outdated features be changed or does it depend? (those painted in bold colors, have unique wall murals, pink shaggy carpeting, etc…..)
    Yes!!!  In Southern Maryland alone there are over 1700 homes on the market.  You need to have your home stand out amongst the competition.  So, yes, if you have turquoise Formica countertops, pink carpeting or black walls – they have to go.  As I said before, you need to neutralize the home.  Bold colors need to be replaced with a softer neutral color, but that doesn’t mean it has to be white.  We can usually find a neutral color in the same family as the bold color – the client is happy and the house is neutralized.
  • What are some of the common mistakes sellers make when preparing their house to go on the market? 
    Not preparing the house for market.  Most clients think their house is wonderful and there is nothing wrong with it.  When Bob gives me a listing, I do a complete walk-through on the home and tell the clients what needs to be completed in the home before it goes on the market.  Most times, rooms will have too much clutter or too much furniture, especially if there are kids in the home. 

    Closets need to be cleaned out, as well as kitchen pantries, because a potential buyer will look in the closets.  I tell the client that if the closets are packed full, they are essentially telling potential buyers there isn’t enough storage in the home. 

    You need to purge and clean before putting your house on the market.  Our goal is to make every home look like a show house before it goes on the market. 

REALTORS – It’s All About You! Or … is it? November 29, 2007

Posted by bobgauger in Uncategorized.
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Who would agree that it’s all about you?  Take a look at some of the ads in any issue of the REALTOR Magazine and the message is clear.  Companies are advertising, “It’s about you.”  Agents are stating, “It’s about me.”  As I was writing this post, sitting at a traffic light, (don’t worry, my wife was driving) a big bright red SUV pulled up with license plates that read, “2ME 4ME”.

Who is it really about?  Zig Ziglar tells us in his “Little Book of Big Quotes”, “You can have everything you want in life if you just help enough people get what they want.”  In the Bible, Jesus says, “It is more blessed to give than to receive.” Acts 20:35

I don’t know how you feel, but when I complete a settlement with a buyer or seller client, knowing that my focus was on them and their needs, rather than mine, and they express a sincere appreciation for my concern and efforts on their behalf, that’s my reward.  The money comes in due time, but in my mind the money is secondary.  Sure, the money is important.  Zig Ziglar says it comes in second place, right after the air we breathe. 

The fact of the matter is, when we take care of others, our needs are met, oftentimes more than we could have imagined.  In the case of the satisfied client, we gain a friend, repeat business and referrals.  All of which represents an opportunity to conduct a repeat performance.  Then, there are the other blessings we receive that seem to come out of nowhere that some consider a coincidence.  I believe they’re heaven sent. 

I believe it’s not all about me.


Joc & Rosemary Ferruzza               

10-19-07

Dear Bob,

Thank you so much for the effective and efficient way in which you sold our house of 25 years. The fact that you sold it and helped us get the condo we wanted in a slow home market is testimony to your skill and concern for our needs. We would readily recommend you to anyone wishing to sell or buy property. You are a true professional.

Thank Karen for her wonderful fish and keep Sarah at the piano.

We are glad you and your company, EXIT First Realty, came into our lives. We are quite happy in the condo and hear good things from the buyer of our home. Come by and see us sometime.

Best wishes to all and many thanks,
Joc & Rosemary Ferruzza


Monique and James Tyger                  

9-23-07

We just wanted to write to say Thank You for all your patience and guidance. It was a long journey. I got in contact with Bob in November because I was moving to the Maryland area and my new husband and I would be looking for a house. The nightmare began when the house my husband was selling fell out of contract on four different occassions with another Realtor and a court appointed trustee, but Bob was always helpful and positive. Bob kept us going and made us laugh even at our darkest hour.

My husband and I could not have made it through this stressful and disappointing time without Bob and Mike Mazzola working so hard getting us into the perfect house. The other house sold and we moved into our house August 2007. WE FINALLY DID IT!!!!

We highly recommend Bob and Exit First Realty because it is the only company that we have dealt with that is true, honest and professional. We never had a problem getting a hold of Bob. He was always available to answer all of our questions. Our whole family has grown very fond of Bob. We are proud to call Bob our dearest friend and we will always be greatful. We can’t thank you enough, Bob.

Sincerely,
Monique and James Tyger


Gordy & Kathy Stinson

Bob,

We have dealt with Realtors and agencies many times in the past. I don’t remember ever having had a bad experience with any of them. None however has come close to equalling you and your Team. Friends of ours suggested you when they learned we were being transferred on very short notice.

Let me just say that the service you provided us has been unmatched by any agent, anywhere. We had less than two weeks before we had to actually move and were very nervous when we initially met with you and Angie. You already had a plan and a strategy for marketing our home the first time we met. You did all of the things we had come to expect from real estate agencies:
Signs in the yard, fliers and such. It was the rest of the package that was amazing.

Here’s just a few:

  1. A phone number on the sign in the yard to call and listen to professionally scripted message describing our home.
  2. A website to go into and actually take a virtual tour of our home. It was professionally done and was amazing.
  3. The “Settlement Room” on the WEB wasn’t just a settlement room as you may think of it. It was a site that we could visit anytime and see what was going on with our house. More on that in a moment.
  4. Placing our home on realtor.com. If you’ve been looking for a new home you’ve probably been there. Of course this linked directly to a virtual tour of our home.
  5. Here’s the best one, “You sold our house”!!!! We had a buyer in a matter of days. Not weeks, not months….days. During a time when my wife and I felt the market was really slowing. We listed it in mid September and closed on the Sale in Early November. We never sat and wondered what was going on with the house. In the “Settlement Room” everything was right there for us to look at. We saw the home inspection report, the termite inspection report, when they were scheduled and when they were actually conducted. Every time a piece of paper was generated concerning our house we reviewed a copy online in the “Settlement Room”. It kept us informed as to what had already beeen accomplished, what needed to be done and when it was going to be done.

Everything went exactly as you assured us it would, Bob, and for that we are truly grateful. Thanks to each one of you on the “Team”.

We are well beyond satisfied clients, Bob. Honesty and integrity are all so often seen as obstacles in doing excellent work. In your case they are practiced in everything you do. God bless you and the “Team”.

Gordy and Kathy Stinson


More testimonials here

Just Listed 3BR Townhome in Clinton October 24, 2007

Posted by bobgauger in Maryland Homes for Sale, Maryland Real Estate For Sale, Prince George's County.
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We just listed this fabulous 3BR, 2.5 BA townhouse located in the Temple Plaza community of Clinton. This home is in model home condition. To view photos, virtual tour, images, details, area links, community demographics and more, visit:

www.7710LuckyLure.com

7710 Lucky Lure

New Listing in Waldorf October 16, 2007

Posted by bobgauger in Charles County, Maryland Homes for Sale, Maryland Real Estate For Sale.
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420 Trefoil Pl., Waldorf, MD 20601

$235,000

Experience pure perfection from the moment you arrive to the time you reluctantly leave.

For a virtual tour, click here:

Click Here to see the Virtual Tour

Enter the foyer and you’ll find the spic-and-span eat-in kitchen that offers a pass-through to the living room and a view of the outdoors to the rear of the home.

Make your way down the hall, pass the powder room and you’ll find the large living room with a slider to the manicured fenced-in rear lawn, complete with a deck for BBQ’s and an attached storage shed.

The upper level features three bedrooms and a full hall bath.

For additional information or to hear a pre-recorded audio tour, please call our 24-Hour Information Line at 800-557-4533 x2308.

 For full details, see www.420Trefoil.com.

$5,000 in Closing Help Available! September 24, 2007

Posted by bobgauger in General, Maryland Homes for Sale, Maryland Real Estate For Sale, Prince George's County.
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Our seller at 908 Strausberg just reduced his list price to $499,900

AND

is now offering $5,000 in closing help!

See all the listing details at www.908Strausberg.com

AmeriDream Under Attack September 13, 2007

Posted by bobgauger in AmeriDream, General, Real Estate Agents, Resources.
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I was recently introduced to AmeriDream, a non-profit organization that helps people purchase homes by way of an innovative down payment program called “down payment gifts”. This is a program helping people since 1999, and as of today, has helped 224,897 individuals and families reach the American Dream of homeownership. To put this in perspective, on average, every 22 minutes there is a new homeowner because of AmeriDream. Basically, a seller “gifts” part of the purchase price back to the buyer to help with down payment assistance.

However, recently, AmeriDream and other non-profits in the down payment gift industry, have come under attack by HUD. See here (from blog entry: http://blog.ahaanow.org/ahaa/2007/08/affordable-hous.html):

Affordable Housing Program in Jeopardy

An effective, affordable housing down payment assistance program, administered by nonprofit organizations that have helped nearly one million low-and-moderate-income families become homeowners, would be eliminated under a federal proposal submitted by the Department of Housing and Urban Development (HUD).

Nonprofits such as AmeriDream, Inc. of Gaithersburg, MD and Nehemiah Corp. of America, of Sacramento, CA would be banned from providing down payment help to homebuyers who qualify for a FHA-insured mortgage, but lack the money they need for down payment and closing costs.

HUD has proposed the new rule in response to its concerns that the contract sale price is “often increased to ensure that the seller’s net proceeds are not diminished” in transactions involving nonprofits that provide downpayment assistance.

Currently, nonprofit organizations that provide down payment assistance account for nearly 40% of all FHA-insured loans.

The National Association of Homebuilders has already publicly voiced it support for nonprofit organizations like AmeriDream. In addition, the Mortgage Bankers’ Association (MBA) has gone to bat for seller-funded down-payment assistance.

“Down payment assistance is a key to expanding homeownership,” David Ledford, a vice president of the National Association of Homebuilders, said in a recent interview with Bloomberg News. “We think guidelines can be developed to keep prices down.”

If you are concerned about the negative impact that this rule will have on mortgage lending or if you are a home buyer that could now be locked out of an opportunity for homeownership, your local representative needs to hear from you. Please go to the Take Action page of AHAA to take action.

My thoughts are … a home won’t be financed if the sale price isn’t substantiated by the lender’s appraisal. Therefore, if a buyer and seller come to an agreement for the sale price (which is confirmed by the lender’s appraisal), it’s between the seller and the buyer if the seller would like to “gift” some of the purchase price back to the buyer in the form of a down payment. Whether using a service such as AmeriDream, this practice occurs regularly, especially in today’s buyer’s market. Many sellers assist the buyer with closing costs, credits and down payment assistance. Why should HUD interfere between a seller and buyer’s contract when both parties agree and benefit in the transaction?

What do you think?  Share you thoughts here.

Just Listed! Beechtree Golf Community, Luxury Home August 24, 2007

Posted by bobgauger in General, Maryland Homes for Sale, Maryland Real Estate For Sale, Prince George's County.
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2700 Galeshead Dr., Upper Marlboro

Located in the sought after luxury golf course community of Beechtree, sited on a premium lot and built by NV Homes, one of the nation’s top luxury home builders, this popular Falconcrest model is simply a statement of distinction.

To preview a virtual tour of this property, please click here:

Click Here to see the Virtual Tour 

To view a complete list of the upgraded features totaling $180,000, click here.

From the foyer to your right is the library, which offers plenty of room for your executive style desk, computer desk and chairs for guests. Open to the left of the foyer is a gracious formal dining room, complete with elegant appointments such as wall sconces, a tray ceiling and chandelier.

As you make your way towards the rear of the home from the foyer, you enter a great room like no other you’ve seen before. The sky-high cathedral ceilings make way for a 19’ palladium window, where hours can be spent watching the clouds float by or taking-in the golf course views. Above the marble surround gas log fireplace is the perfect location for your flat panel TV, and the surround sound wiring is already in place. To the right and left of the fireplace are deep custom bookcases.

Open from the great room and accessed by the dining room hall is a true gourmet kitchen. The many countertops are granite, and abundant 42” cabinetry is maple with a cherry finish. There are double wall ovens, a side-by-side refrigerator with water and ice, a built-in microwave, a walk-in pantry and of course a center island.

Open to the rear of the kitchen is a magnificent sunroom where palladium window views and every meal could be enjoyed. The sunroom provides access to the custom brick paver patio where bar-b-que meals are prepared as there is an installed natural gas line for your grill.

Another highlight of the main level is the spacious owner’s suite featuring a tray ceiling where a lighted ceiling fan is hung. The bath suite is luxurious with a cultured marble double vanity, brass shower surround, and a jetted tub with smoked glass above for your privacy. And yes, there is a large walk in closet that is fitted with California closet organizers.

The main level also features a powder room for the convenience of your guests, a laundry/mud room and access to the finished two-car garage with openers.

A beautiful oak turned staircase and hand rail lead to the upper level where you’ll find three very roomy bedrooms with lighted ceiling fans and California closets. There is also an upgraded full hall bath. The real highlight of this level might be the overlook onto the foyer, and better yet, the great room with the views.

The walk-out lower level is finished with appointments and an openness that offers endless possibilities to satisfy your preferences. Currently, there is a family room that is complete with surround sound; yet, there is still space enough for a game room and a pool table next to the built-in wet bar, complete with cabinetry, a refrigerator and a dishwasher. Additionally, there is a fifth bedroom, full bath, and a bonus room, which could serve as the sixth bedroom. Were you wondering about storage areas? Well, there are two sizeable areas for your storage items.

Suffice to say, everything imaginable has been upgraded, added or improved making this the deal of the century at this price. To see for yourself the beauty of this home and to help you better understand all of the many appointments, amenities and upgrades this spectacular home has to offer that will benefit you for years to come, view the virtual tour. If you’re already working with a REALTOR, call them immediately to schedule a visit. If you’re not working with a REALTOR, we would love to help you. Simply call, email or use any of our handy contact links. Thank you for viewing and may your search for a home be a pleasant and productive experience.

Just Listed! Move-In Condition, All Brick Rambler August 22, 2007

Posted by bobgauger in Maryland Homes for Sale, Maryland Real Estate For Sale, Prince George's County.
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Move In Condition!
6517 100th Ave., Lanham, MD

6517 100th Ave

Conveniently located in Lanham, this all brick rambler is in move-in condition and ready for you. Park in your own driveway and enjoy the fruits of your labor.

To preview a virtual tour of this property, please click here:

Click Here to see the Virtual Tour 

To hear an audio tour of this spectacular home, please call our 24-Hour Information Line at 800-557-4533 x2378.

As you enter the home into the large living room, you’re greeted by beautiful hardwood floors which flow throughout the main level. The living room is open to the dining area where you’ll find a doorway to the deck and fenced rear yard that includes a storage shed. Off of the dining room is the kitchen, complete with upgraded oak cabinetry and appliances. From the living room, a hallway leads you to the full hall bath and three good-sized bedrooms, each with its own lighted ceiling fan. The basement is open and unfinished, providing you with many design possibilities. Here you’ll find a half-bath, the washer and dryer, as well as a deep sink and an exit to the fenced rear yard.

The home shows extremely well, as it has been professionally painted throughout. Upgrades include the windows, heating and air conditioning, furnace humidifier, hot water heater, circuit breaker panel and more. This truly is a beautiful home and well worth your time to visit.

Contact us today for additional information or to schedule your private showing.

Just Reduced! June 27, 2007

Posted by bobgauger in Maryland Homes for Sale.
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908 Strausberg, Accokeek, MD 20607

 

  
Click here for complete details and current pricing

Stunning Upgrades & Bonuses Abound!

To preview a virtual tour of this property, please click here:

  Click Here to see the Virtual Tour

To hear an audio tour of this spectacular home, please call our 24-Hour Information Line at: 800-557-4533 x2248

Conveniently located in the quiet Accokeek community of Horizon Hills, this stunning home is like new and ready for you. Park in the two car garage or enter onto the rich hardwood two story foyer and you’re in for a treat every step of the way. On the right of the foyer is the library featuring a lighted ceiling fan and quality office furniture that does convey as an added bonus to you. To your left is the formal living room, accented with crown molding and columns leading to the formal dining room, complete with chair and crown molding. From the dining room or the foyer access the expansive, fully-equipped, gourmet kitchen. Here you’ll find a cooking island, 42” upgraded cathedral style maple cabinetry, double wall oven, double-wide pantry, dishwasher, recessed lighting and more. The kitchen is open to the breakfast room, which is open to a voluminous family room featuring a gas log fireplace, lighted ceiling fan and, as another bonus to you, an entertainment center including a 61” high definition big screen TV, complete with surround sound already installed. Talk about a bonus! The breakfast room provides a slider to your future deck and access to the laundry room and the two car garage. The lower level offers an abundance of finished living space, including a 2nd family room, recreation room, full bath, large storage room, utility room providing additional storage, and a finished room which might serve as a 5th bedroom. For now, this room is being utilized as an exercise room containing high quality equipment, such as a treadmill and an elliptical cross trainer, which does convey as another bonus to you. That’s a triple bonus! Additionally, the family room and recreation room are pre-wired for stereo sound.

From the foyer, a turned oak staircase leads you to the upper level where you’ll find four spacious bedrooms and a full hall bath. The highlight of this level is the owner’s suite. Enter through double doors into your private retreat and you’re welcomed by a large sitting area with a three-sided gas log fireplace and a Palladian picture window providing a wooded view. Step up to the main bedroom, where you’ll find many well-placed windows, a lighted ceiling fan, cathedral ceiling and double walk-in closets. Double doors lead you to the bath suite, where you’ll find a double vanity, beautiful ceramic flooring, a separate shower and a jetted tub with a large Palladian window above.

Other features of this home include a security system, intercom system, a volleyball size side yard and numerous builder upgrades.

Clearly, this spectacular property is one-of-kind that you don’t want to miss.

Area Spotlight – Capital Region – Prince George’s County June 18, 2007

Posted by bobgauger in Prince George's County, Relocation Guide.
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Prince George’s County was formed from land in Calvert and Charles Counties by an act of the General Assembly on St. George’s Day, April 23, 1696. The County was named for Prince George of Denmark, husband of Princess Anne, heir to the throne of England.

Prince Georges County Map            Prince Georges County Seal

Home to the University of Maryland’s flagship campus, the Prince George’s County hosts more tech/defense and aerospace firms than all but one other county in the state — nearly a dozen high-technology oriented federal labs and agencies. Almost 900 high-technology companies employ 33,600 highly-trained workers in the county — the second highest number of high-tech companies (as well as the second highest number of defense and aerospace companies) of any jurisdiction in the state.

As of the 2000 census, the median income for a household in the county was $55,256, and the median income for a family was $62,467. With a population approaching 900,000, the county is the wealthiest majority African-American county in the nation.

Prince George’s county is comprised of 10 cities, 17 towns, and 40 unincorporated areas.

View economic and demographic profiles on any of the following areas:

10 Cities:
Bowie
College Park 
District Heights
Glenarden
Greenbelt
Hyattsville
Laurel
Mount Rainier
New Carrollton 
Seat Pleasant 
17 Towns:
Berwyn Heights
Bladensburg
Brentwood
Capitol Heights
Cheverly
Colmar Manor
Cottage City
Eagle Harbor
Edmonston
Fairmount Heights
Forest Heights
Landover Hills
Morningside
North Brentwood 
Riverdale Park
University Park
Upper Marlboro
40 Unincorporated Areas:
Accokeek
Adelphi
Andrews Air Force Base
Beltsville
Brandywine
Calverton 
Camp Springs
Carmody Hills-Pepper Mill Village
Chillum
Clinton
Coral Hills
Croom
East Riverdale
Forestville
Fort Washington
Friendly
Glenn Dale
Goddard
Greater Landover
Greater Upper Marlboro
Hillandale
Hillcrest Heights
Kettering
Lake Arbor
Langley Park
Lanham-Seabrook 
Largo
Marlow Heights
Marlton
Mitchellville
Oxon Hill-Glassmanor
Rosaryville
South Laurel
Springdale
Suitland-Silver Hill
Temple Hills
Walker Mill
West Laurel
Woodlawn
Woodmore