The Increasing Importance of Marketing Your Home Online

June 23rd, 2008

In today’s technology driven world, more and more buyers are turning to the internet to look for a home. In a 2006 survey, the National Association of Realtors found that over 75% of buyers start their search online. With so many homes on the market today, it is now essential that these buyers see your home first.

And in the real estate market’s current state, it’s now more important than ever to have a solid internet marketing plan as part of your overall marketing plan. With so many homes for sale, buyers simply don’t have the time to see the hundreds of homes on the market.

What are some ways a technology savvy real estate agent can use to help market your home?

1. Preparing the Home to be Showcased
Even though this isn’t high-tech, preparing your home for showings and pictures is essential for producing showings and eventually offers for your home. In today’s market, buyers are pickier than ever and expecting homes in the like-new condition. If you look at the closed sales, the ones that sell are the ones that are turn-key or in move-in condition. So before you even take a picture, talk with your agent about cleaning, painting, and staging your home to sell.

Below is an example of two very similar homes unstaged (home 1), staged (home 1), staged with a good photograph (home 2).

Stairway

2. Photographs, Descriptions, and Virtual Tours
After your home is properly staged or prepared for showing, photographs should be taken, either by a professional photographer or by a realtor with a good, panoramic camera. A panoramic camera will be able to showcase entire rooms and will make the house bigger. So many times, there are beautiful homes on the market with poor photos. And no matter how spectacular your home is, if you have poor quality pictures or a lackluster description, a buyer might eliminate your home without ever stepping onto your property. Also work with your agent to describe the features you love about your house into a description that makes your home stand out. Lastly, virtual tours may also be a good option for showcasing your home but in some instances not having a virtual tour encourages buyers to visit the property instead of just see the virtual tour.

Below is an example of the staircases of the same two homes as above. Left is home 1 and right is home 2.

Photo Quality

Below is a picture of the dining room of the two houses. Home 1’s dining room is actually staged better and looks better in real life.

Dining Room

3. Maximizing Exposure for your Home
Now that your home is featured in its absolute best light, it’s essential to get as many people to see it as possible. A technology savvy real estate agent should have a standard way of distributing information about your property online. First, I allow my listings to be sent through the MLS to hundreds of websites, including Coldwell Banker’s, Century 21’s, and Re/Max’s websites. My goal is to showcase my seller’s property to everyone I can, even to agents from other companies because they might just have a buyer for my client’s home. Second, I also have a constantly growing number of sites I submit to, in addition to those above, all to put your property in front of as many buyers as possible.

Although the tools above will help you gain more exposure for your home, internet marketing is not a comprehensive solution but should be used as a part of an overall marketing plan that includes traditional marketing ideas as well. Open houses, broker caravans, signs, and the real estate brokerage network are still vital to selling a home for the most money in this market.


Low-Cost Ways to Save Money and Go Green

May 8th, 2008

With energy prices on the rise and global resources diminishing, more and more people are making efforts to conserve energy, water, and other resources. While some of the ways you can conserve can be expensive, below are some great, low cost ways to reduce your consumption.

1. Compact Fluorescent Light Bulbs – $3.50/bulb
Compared to traditional incandescent light bulbs, compact fluorescent light bulbs use 75% less energy, produce 75% less heat, and can last 10 times longer. According to Energy Star, if each household replaced just 1 light bulb in their home, we could save enough energy to power 3 million homes for a year, save more than $600 million in annual energy costs, and prevent greenhouse gases equivalent to the emissions of more than 800,000 cars.

2.Use Water-Saving Faucets, Showerheads, and Toilets - Free to $350+
Water-saving faucets, showerheads, and toilets can all help conserve water usage. Many cities now require faucets, toilets, and showerheads to conform to their water usage standards, with some even offer low cost solutions for homeowners. A water-efficient toilet can save between 8,000 to 18,000 gallons of water per year. And a water-saving showerhead alone can save up to 3,000 gallons of water, eliminate 1,000 lbs. in carbon dioxide emissions, and reduce your water bill by $50 per person per year.

3.Install a Water Heater Blanket, Lower the Water Temperature - $20
Traditional water heaters keep a large amount of water inside at a certain temperature, usually 140 degrees Fahrenheit. In order to reduce the amount of work required to keep hot water in the system, you can reduce the standard temperature to 130 degrees and install a water heater blanket. A water heater blanket wraps around the water heater to reduce heat loss by 25-40%. Be sure to keep important information regarding maintaining the water heater visible when you install one of these.

4. Change Your Air Filter - $10/filter
Dust and dirt that clog air filters can reduce their effectiveness and make your heating and cooling system work harder. A system with a clogged filter consumes more energy and has a shorter lifespan. Recommendations of how often to change your filter range from one month to three months depending on how often you use your air conditioning and heating system and how fast dust accumulates on the filter.

5. Programmable Thermostat - $40
Heating and cooling can be as much as half of your energy bills. A programmable thermostat that has multiple time settings can help you reduce your bills by turning off your heater or air conditioner while you’re at work and can reduce their usage during sleeping hours. This feature alone will help you reduce your heating and cooling bills by $150 a year.

6. Weather Stripping and Caulking Around Windows and Doors - $20-$50
Some older windows and doors don’t have proper weather stripping and some estimate that this can account for 46 percent of annual heat loss. Applying weather stripping and caulking around windows and doors can serve as a cost-effective way to keep your home cool in the summer and warm in the winter.

While these methods can help you conserve energy at your current home, you may want to put green features into considering when searching for your next home. If you need help locating an already green San Gabriel Valley home, you can always email me.

Just Sold! 175 Longley Way, Arcadia CA

May 6th, 2008

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175 Longley Way in Arcadia, CA features 4 large bedrooms, 3.5 baths, over 2,900 square feet of living space, a pool, and beautiful hardwood floors. This beautiful home is located only a few blocks from Arcadia High School, shops, restaurants, and shops in a quiet cul-de sac.

This beautiful home generated a ton of buyers and in the end we received 12 offers. Unfortunately, we were only to accept one, and sold for much more than the asking price. If you would like to sell your Arcadia home or any home in the San Gabriel Valley and would like these types of results, please let me know and I will be happy to help.

Short Sale! Just Sold! 10715 La Rosa Drive, Temple City

April 15th, 2008
Short Sale! Just Sold! 10715 La Rosa Drive, Temple City

This 4 bedroom, 2 bath home is remodeled extensively. Inside, it featured a newer kitchen, a family room, living room, den, breakfast nook, and almost 1,800 square feet of living space. The home was a pre-foreclosure status and our final listing price was $500,000. We ended up doing a short sale for the home and successfully avoided foreclosure.

Short sales can be a complicated, stressful, and long process. If you are selling your home, late on your payments, or are facing financial struggles, please contact me as I am always here to help you try to keep your home first and sell your home if necessary.

Sold in 1 Day! 409 E Wistaria, Arcadia

March 15th, 2008
Sold in 1 Day! 409 E Wistaria, Arcadia

409 E Wistaria in Arcadia is a 2 bedroom, 1 bath, 1,019 square foot home in a peaceful area of Arcadia. My clients originally purchased it for themselves and obtained the property at a great price. During escrow, they changed their minds and decided to re-list the home immediately after the purchase.

I immediately contacted another past client who would be interested in the property and sold the property for $30,000 more than my clients had purchased it for. This covered all costs involved in the two sales including escrow fees for both buying and selling the property, title fees, and transfer fees.

I am committed to doing everything I can to help my clients meet their goals, especially when circumstances change and I’m able to help. If you are interested in working with an agent with that type of dedication, please call me on my direct line or visit my website.

Just Sold! 3937 Elma Road, Pasadena

March 1st, 2008
Just Sold! 3937 Elma Road, Pasadena

3937 Elma Road is a 3 bedroom, 2 bath home in Pasadena. Built in 2000, the home was immaculate with beautiful granite counter tops, brand new wood floors, and a spacious floor plan.

The house had been foreclosed and had become an REO. Fortunately, I was able to help my clients, who were first time home buyers, purchase this home for an incredible price while having the seller cover the all closing costs. The are now extremely happy in the home.

I personally love working with first time home buyers because it’s one of the most rewarding experiences I get to have. If you’re a first time home buyer or even just curious about homes, you can always visit my site and search for your first home or just feel free to contact me.

Listed at $1,890,000! SOLD IN 16 DAYS!

February 22nd, 2008

2818 Winthrop Ave, Arcadia, CA

It only took us 16 days to put this brand new mansion into escrow. Listed at $1,890,000, this luxury home in Arcadia features 5 bedrooms suites along with an additional bath, a library, wet bar, beautiful interior details and much more. The building is 4,718 square foot total and is situated on a 12,250 square foot lot.

2818 Winthrop Ave, Arcadia - Front View

2818 Winthrop Ave, Arcadia - Entry

2818 Winthrop Ave, Arcadia - Living Room

2818 Winthrop Ave, Arcadia - Dining Room

2818 Winthrop Ave, Arcadia - Family Room

2818 Winthrop Ave, Arcadia - Kitchen

> See other Arcadia Homes for Sale

San Gabriel Market Update - January 2008

February 11th, 2008

The statistics below are the most recent according to the Matrix MLS as of February 8th, 2008.

San Gabriel Real Estate Update - January 2008

Active Homes  
Quantity 114
Average Price $629.157
Minimum Price $299,000
Maximum Price $2,195,000
Total Volume $71,723,923
   
Closed Sales  
Quantity 19
Average Price $595,415
Minimum Price $348,000
Maximum Price $1,288,000
Total Volume $11,312,888
   
Under Contract  
Quantity 14
Average Price $442,450
Minimum Price $240,000
Maximum Price $658,000
Total Volume $6,194,300
   
Top 5 Sales  
1. 451 N Pine St. $1,305,000
2. 8210 Sheffield Rd. $880,000
3. 6726 La Presa Dr. $815,0000
4. 418 Gerona Ave. $735,000
5. 414 W. Oak Ln. $729,000

This information is not intended to provide any advice or guidance and should be used for informational purposes only. See active San Gabriel real estate listings.

Pasadena Market Update - January 2008

February 11th, 2008

The statistics below are the most recent according to the Matrix MLS as of February 8th, 2008

Pasadena Real Estate Update - January 2008

Active Homes  
Quantity 603
Average Price $936,732
Minimum Price $185,000
Maximum Price $52,000,000
Total Volume $564,849,145
   
Closed Sales  
Quantity 50
Average Price $943,117
Minimum Price $330,000
Maximum Price $3,200,000
Total Volume $47,155,850
   
Under Contract  
Quantity 60
Average Price $799,040
Minimum Price $299,000
Maximum Price $3,200,000
Total Volume $47,942,400
   
Top 5 Sales  
1. 220 N. San Rafael Ave $3,600,000
2. 721 Madre St. $3,100,000
3. 1649 Lombardy Rd. $2,690,000
4. 875 Bellefontain Pl. $2,050,000
5. 1190 Lida St. $1,800,000

This information is not intended to provide any advice or guidance and should be used for informational purposes only. See active Pasadena City real estate listings.

South Pasadena Market Update - January 2008

February 11th, 2008

The statistics below are the most recent according to the Matrix MLS as of February 8th, 2008

South Pasadena Real Estate Update - January 2008

Active Homes  
Quantity 41
Average Price $1,112,231
Minimum Price $418,000
Maximum Price $5,900,000
Total Volume $45,601,488
   
Closed Sales  
Quantity 5
Average Price $787,000
Minimum Price $499,000
Maximum Price $1,168,000
Total Volume $3,935,000
   
Under Contract  
Quantity 2
Average Price $694,000
Minimum Price $599,000
Maximum Price $789,000
Total Volume $1,388,00
   
Top 5 Sales  
1. 1727 Court Ave. $1,168,000
2. 612 Camino Cerrado Rd. $950,000
3. 912 Monterey Rd. $667,000
4. 1726 Alhambra Rd. $565,000
5. 1010 Sycamore Ave. #310 $465,000

This information is not intended to provide any advice or guidance and should be used for informational purposes only. See active South Pasadena real estate listings.