Articles tagged with: Real-Estate

Customer testimonial: 'Terrific Team to Work With'

My wife and I had our home sold by James and Martina Bobbett. We selected James and Martina because of the full service they provide.

They helped us to understand what we needed to do to the home to make it look attractive to buyers. They assisted us in cleaning materials out. They brought in furniture and artwork to help us stage the home. And better yet, when we needed to do repairs within the home they helped us select people, manage those people when they were on site so Sheryl and I could continue to work.

And when all was said and done we had a beautiful home that sold for more than we anticipated. I highly recommend James and Martina, terrific team to work with.

Redux Realtors: Speedy sale thanks to key improvements, despite tricky location

Redux Realtors: Speedy sale thanks to key improvements, despite tricky location

As a follow up to our last blog post about our latest "Redux" project, we wanted to share the outcome and results.

Once vacant, we assisted our seller in completing approximately $15,000 of renovations and repairs to the home to improve how it would show.

When the owner’s son handed us the keys, the home had dark green, dated carpeting, lots of custom drapes and popcorn ceilings.

The carpet was entirely removed from the home, along with the dated drapes (of great style and quality in their time, but not what buyers today are looking for today).

With the removal of the drapes the solid wood French doors were highlighted in their own right. With the initial investment on the owner’s part to bring the home up to a presentable standard, we listed the home at $699,800.

As mentioned in our previous post the home is located on a busy major throughfare street and we didn’t want to overdo the improvements as we were not entirely sure how the market would react to the home when we launched the listing.

The home benefited from an appealing floorplan and being located within a highly ranked high school district, but the street location was the challenge.

Nevertheless, the home sold within 30 days at $675,000 entirely as is.

Of note, the family room addition, added in the 1970’s, had a foundation slab crack so the owner knew he would have to compensate for this needed repair in his pricing. The buyer of the home is in the process of completely overhauling it and making many needed upgrades and changes to the layout.

What's the story behind all the red chairs?

What's the story behind all the red chairs?

I had an idea last summer I said to James: “Going forward, let’s put two red chairs in the front yard of all our listings.”

I had no deep and meaningful reason for doing this other than I thought they looked lovely against the trees and grass. As many of you will know, red is my all-time favorite color. To me, there is red, and then there are all those other colors.

Nothing makes such a statement as a red front door, or a red car, or, wait for it, Jimmy Choo shoes with red soles!

But perhaps, subconsciously, there was a deeper meaning behind my off-the-cuff idea (although I highly doubt it!)

In Australia and New Zealand, for example, corporations believe that a red chair represents the voice of the client. In practice, an empty red chair will be placed at a boardroom meeting so that each person who speaks will be reminded of their clients.

In Canadian parks, red chairs have been placed in strategic spots and invites the weary wanderer, after a strenuous walk or hike, to rest and contemplate the beauty surrounding them in the park.

The World Wide Web talks about ‘A Red Chair Culture’. The overall idea behind this is to get people to sit down and listen to each other, to make a connection, to see each other as equals.

I little knew what I was doing when I came up with the idea, but all of the above uses of red chairs can certainly be applied to Bobbett & Associate’s use of them.

We want to please our clients by making the exterior of their homes look lovely. We want to create an appealing oasis to potential buyers as, exhausted from house hunting, they pull up in front of the home with the red chairs on the lawn.

And most of all, we certainly always want to listen. Listening to people when they speak is one of the greatest gifts we can give, and if our "little red chairs" help further that, then yay for the little red chairs!

Until next time…

Homeownership Rate Rises for First Time Since 2004: Wall Street Journal

Homeownership Rate Rises for First Time Since 2004: Wall Street Journal

The homeownership rate in the United States last year rose for the first time since 2004, according to a report we read in the Wall Street Journal. This is such exciting news, and we hope the trend continues.

We’ve previously mentioned how real estate is a fabulous tool for building wealth. But the Recession, which didn’t officially start until the end of 2007, ground the market to a standstill and made it incredibly difficult for Americans to harness this tool.

The markets were flooded with foreclosures. Banks all but stopped lending money for some time and then began lending only under very tight restrictions at first.

We’ve seen evidence in other areas of the housing market that the industry wheels may finally be gaining some momentum, which is why seeing the homeownership number rise for the first time in 13 years is such a big deal.

The rising homeownership number also indicates that more homebuyers are ready to make their move. If you’re looking to sell your house, we can help. Contact us to learn more.

Redux Realtors: Don't spend money needlessly; sometimes less is more

Redux Realtors: Don't spend money needlessly; sometimes less is more

At Bobbett & Associates, we look for ways to enhance our clients' homes before putting them on the market. We make very strategic improvements that will bring the best results (aka, best price) for the least amount of investment on the part of our clients.

Our motto is: We make a home 'move-in' ready for new buyers. Over time, the new owners can make the big improvements, such as remodeling the kitchen and bathrooms.

Our latest home project belongs to a 93-year-old woman moving to assisted living after living in the home for more than 55 years. Her son is assisting with the sale and contacted us to help them make a few upgrades and updates before putting the property on the market.

After estate sale was completed and all personal items were removed from the property we began a three-week renovation of the property that included: interior paint; removal of popcorn ceilings; new flooring throughout, including carpet in the master bedroom and family room additions, and the refinishing of the original wood floors in the remainder of the home.

We could have made many improvement suggestions, but this property is located on a busy street. We considered this factor when advising on home improvements because we didn’t want the owner’s son to spend his money needlessly. Sometimes less is more, as the saying goes.

Various handyman repairs were also made, including changing out the yellowed and cracked kitchen ceiling light covers, among other things. All told the seller invested less than $15,000. We are now listing the home this week at $699,800.

Stay tuned for updated photos and as well as an update on the sale!

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Company License #01272441

Company License #01272441

DRE #01189723 (Martina Bobbett)
DRE #01272441 (James Bobbett)