Real Estate Dictionaries

Sometimes I lose my way…

I have these ideas for regularly scheduled blog topics, I start them, I devote posts to them once a week, then I lose interest or forget and they trail off into nothingness…

One of my forgotten regularly scheduled topics was Real Estate Word of the Week.

Real Estate Word of the Week was an idea my son gave me and it was actually pretty good. For no good reason, I just stopped doing it.

Today, I was reading an article on My Domaine that detailed several real estate dictionaries.

It reminded of Real Estate Word of the Week and I decided to reinvigorate idea. I may not do a word EVERY week. But I will definitely keep the idea flowing.

And, as a kick off, I decided to feature a couple of the books My Domaine showcased.

If you are in the market for a home, these may be helpful. Click on the each picture for more details.

Good luck!

The Language of Real Estate

Complete Dictionary of Real estate Terms

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Knotty Pine Paneling is definitely making a come back!

I have written about knotty pine paneling A LOT! You can read those posts here, here, here, here, here and here.

Some of those posts were written a few years ago and they STILL get a fair amount of reader traffic!

Well, I was just on a blog I read regularly, Hooked on Houses, and I found a show house that the very well-known and talented Bunny Williams decorated.

Well, lo and behold, within in this designer show house, Bunny Williams created a library with each wall covered in glorious pine paneling!

Take a look…

 

Southern-Living-Idea-House-Charlottesville-Bunny-Williams-19

 

Southern-Living-Idea-House-Charlottesville-Bunny-Williams-28

 

So, for those of you who have been wondering what to do with your knotty pine…leave it!

I guess what goes around, comes around in the world of interior design!

Image: Hooked on Houses

 

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Weekly Home Sales Snapshot – 7/24/15

7-24-15

Source: Greater Fairfield County CMLS,  HOUSES Sold = Single Family, Multi-Family, Condo/Co-Op
  

 

 

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Do a Realtor’s looks matter?

Ugly Betty

I just read a very interesting study conducted by the Institute for Behavioral and Experimental Real Estate (IBERE).

The institute wanted to find out if the physical attractiveness of a Realtor and the type of language they used could truly influence how a buyer feels about a potential home.

According to the study, attractive female Realtors using hyperbolic rhetoric (pretty descriptions) can significantly influence buyer perceptions. More so than male Realtors or less/unattractive female Realtors.

I found the study fascinating as my husband and I continually debate the role the looks of a Realtor can play in a real estate transaction.

His theory is that people want smart Realtors. Period. For him, looks will not trump smarts.

My theory is that people hire aspirational Realtors. That is, they want a Realtor who was most likely at the “cool kids table” in high school. By hiring an aspirational Realtor, buyers and sellers feel like one of “the cool kids” too.

We both are probably over-simplifying our viewpoints, but for purposes of this post, you get what we mean.

This study was designed to show something a bit different, but I say it proves my point, more so than my husband’s :-)

Here is the summary of the study:

Can Real Estate Agents Influence Homebuyer Property Perceptions Through Their Appearance and Hyperbolic Rhetoric?

This study takes 1,594 potential homebuyers on a Web-based audio/visual tour of a typically priced home in their area. Using voice altering software as well as before and after extreme make-over photos, we are able to isolate the effect of real estate agent characteristics (attractiveness, gender, and hyperbolic rhetoric) on their ability to change the opinions of potential homebuyers. We find that attractive female agents who employ hyperbolic rhetoric are significantly able to alter the impression of the property in the minds of respondents primarily through establishing source credibility (trust). The rooms most influenced by the effective agent are the first (curb appeal) and last (back yard/view) impressions of the home.

To read the full results and statistics, you can find the study here.

Perhaps it’s time for a diet and a new hair style :-)

Image: allwomenstalk

 

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8 good tips for selling a home

Flip this House LogoI recently ran across an article by Than Merrill. For those of you who do not know Than Merrill, he was on the popular A&E show,  Flip This House. One of my all-time favorite shows…not sure why they stopped taping.

Anyway, Than featured an article on his website/blog titled ”8 of the Best-Kept Secrets for Selling a Home”.

While I agree with all of the eight points covered, I am not sure they are “kept secrets” rather than just “good tips”. But, I guess “8 best-kept secrets” is a far more alluring title than “8 good tips for selling a home”. After all it got me to read the article :-)

So, if you’d like to read these ”8 good tips for selling a home”, you can find them here on Than’s website, FortuneBuilders.

Enjoy!

 

Image: A&E/Wikipedia
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An observation on celebrity real estate

Jeff Bridge's GuitarsI am a HUGE gawker of celebrity real estate. There are several blogs devoted entirely to celebrity real estate and I read them all the time. I guess it’s sort of like reading People magazine while you’re waiting at your doctor’s office…good mindless fun!

Any way, one thing that ALWAYS strikes me when I see pictures of celebrity real estate is how sterile the pictures seem. You never see any of the featured celebrity’s personal effects. You can never really figure out what interests them or what they like to do in their spare time.

Whenever I look at the pictures, I always try imagining them in the house and just living. Living like you and I live in our homes.

What books are on the coffee table?

What type of coffeemaker do they use?

Where do they keep their kids’ Legos?

I have a feature on my other blog, Front Door Freak, where I showcase celebrity front doors. Today I featured Jeff Bridge’s front door.

As I was scanning through the article where I found the picture of his front door, I was struck by how I got a sense for how Jeff Bridges and his family live in the home. They featured a room that showed several guitars lined up. Who knew Jeff Bridges plays the guitar? Another picture showed family photos. There was a desk that actually looked like someone really used it. Celebrity home pictures typically feature rooms that rarely look like anyone actually uses them!

Jeff Bridge's Family Photos

 

Jeff Bridge's Desk

Anyway, the pictures of this home made me really connect with the home…not Jeff Bridges…but the actual home.

It looked real. It looked lived in and it looked LOVED.

It made me want to buy the house (if only I had the $29,500,000 to do so!)

So, as a Realtor, my advice to celebrities trying to sell their homes is to portray them as a bit more real. Show a little of your heart and I bet your home will sell much faster!

Kudos to Jeff Bridges’ Realtor for photos well done! There’s a Realtor who understands how and why people buy homes.

Images: Zillow

 

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Weekly Home Sales Snapshot – 7/17/15

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Source: Greater Fairfield County CMLS,  HOUSES Sold = Single Family, Multi-Family, Condo/Co-Op
  

 

 

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The first thing you should do if you are planning on buying a home…

mortgage pre-approvalEven PRIOR to searching for houses online or in person, speak with a mortgage professional and figure out what you can ACTUALLY afford.

It makes NO SENSE to look for houses and when you find something “that excites you”, THEN speak to a mortgage person. If you do it that way, you could be in for a RUDE awakening on what you can afford or you could lose the house to another buyer while you are scrambling to get your paperwork in order to submit an offer.

That’s it.

That’s my post for today.

 

Image: Trulia

 

 

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Just a little Realtor humor today…

wrealtor-passenger-seats

 

Image: Roman Novian

 

 

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Well Said…

Sarah Breathnach Quote

 

 

Image: Huffington Post

 

 

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