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Staging Mistakes That Can Hurt Your Property’s Value

Key Facts

  • Strategic placement of furniture is essential to make the home feel inviting and properly scaled.
  • The choice of colors in staging should aim for neutrality and harmony, avoiding overly personalized or clashing palettes that could detract from the home’s appeal.
  • Brighten spaces and remove personal items to showcase your home’s best features clearly.

Home staging is an effective strategy to elevate your property’s market value. However, even with the best intentions, some common mistakes can diminish your efforts and potentially lower your home’s selling price. Here’s a closer look at what to avoid to ensure your staging enhances rather than diminishes your home’s appeal.

kitchen interior

Overfilling the Space

One frequent mistake is cramming too much furniture into a space. This is particularly true in smaller spaces, where oversized furniture can make a room feel cramped and chaotic. Opt for a few well-chosen pieces that accentuate the space without overwhelming it. Similarly, excessive or oversized accessories can detract from the home’s natural charm. Remember, when staging, less is often more.

Close up of couch and and throw in neutral colors

Leaving Rooms Vacant

Conversely, leaving rooms empty can also hinder buyers’ ability to envision the home’s potential. A completely vacant room feels cold and uninviting. Strategic placement of minimal furniture can define the space and suggest its potential without requiring a large investment.

white kitchen

Uncoordinated Color Schemes

While personal taste in colors varies widely, staging should always aim to appeal to the broadest audience. Avoid the pitfall of using too many conflicting colors, which can make spaces feel smaller and less cohesive. Instead, use two or three shades from the same color family to create a sense of harmony and spaciousness.

Neutral colored bedroom

Keeping the House Dark

A dark home can appear unwelcoming and smaller than it actually is. Maximize lighting by opening curtains, adding fixtures, and ensuring that each area is well-lit. This not only highlights your home’s best features but also creates a lively, attractive ambiance.

close up of couch with plant

Displaying Too Many Personal Items

Overpersonalization can hinder buyers from picturing themselves in the space. While staging, aim for a neutral environment that suggests livability without including too many personal belongings. This helps potential buyers imagine their own lives unfolding in the space.

living room interior

Neglecting the Exterior

First impressions are crucial. The exterior of your home is the first thing a buyer sees, so ensure it is as inviting as the interior. Simple improvements like trimming bushes, planting flowers, and ensuring the entrance is welcoming can make a significant difference.

Front door with welcome mat and flowers

Maximizing Your Home’s Value Through Smart Staging

While home staging can dramatically increase the likelihood of selling your home quickly and for a good price, it’s essential to avoid these common pitfalls. Consult with a real estate agent to tailor your staging efforts appropriately, balancing cost and impact to showcase your home at its best.

The post Staging Mistakes That Can Hurt Your Property’s Value appeared first on Dakno Blog.

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Benefits of Buying a House in Summer

Key Facts 

  • Summer’s break from school and more flexible work schedules bring the benefits of buying a house in summer to the fore. 
  • It is a prime time for families and professionals to relocate without disruption.
  • Properties are in full bloom during summer, showcasing their outdoor amenities and true potential, allowing buyers to see and experience homes at their best.
  • The abundance of listings and the fast pace of sales during summer mean more options for buyers and quicker transactions for sellers.

The summer season not only brings warmer weather but also heats up the housing market. If you’re thinking about buying a house, summer offers several advantages that can make the process smoother and more enjoyable. Here’s why you should consider making your move now and how a real estate agent can be indispensable during this busy season.

Living room with white summer flowers

1. School’s Out – Easier Moves for Families

Moving during summer is ideal for families with children. The school break means you can relocate without disrupting the school year, giving your family time to settle into the new home and community before fall. This transition period is crucial for kids to make friends and adjust to a new environment. For professionals, especially teachers, summer provides a perfect window to house hunt, purchase, and move without juggling work commitments.

One of the benefits of buying a house in summer is that it's easier to move with children.

2. Benefits of Buying a House in Summer: See Properties in Their Prime

Properties tend to look their best during the summer months. You can see the full potential of outdoor spaces, whether it’s lush gardens, full trees, or sparkling pools. This is the perfect time to assess the true value of these amenities. Summer viewings ensure you experience the home as you would when you’re most likely to use these outdoor features.

Home exterior with outdoor furniture

3. Vibrant Community Life

Summer is the perfect time to get a real feel for the community you might call home. With numerous neighborhood events and social gatherings, you can see the community at its most active. This gives you a valuable glimpse into the local lifestyle and spirit, helping you decide if it aligns with what you’re looking for in a neighborhood.

Children at playground

4. More Homes on the Market

With more listings available, summer offers a broader selection of homes, allowing you to better compare and contrast your options. This abundance means less pressure to settle for a home that doesn’t tick all your boxes and more opportunity to find one that feels just right. This is particularly advantageous if you’re looking for something specific like a property with a pool or a large backyard.

Young couple touring home

5. Benefits of Buying a House in Summer: Weather

The longer days of summer mean more daylight to manage your move. This can make a big difference, giving you extra time to pack, unpack, and set up your new home. Also, summer generally offers more predictable weather, minimizing the chances of having to deal with unexpected rain or other disruptions. This helps ensure that moving day goes as smoothly as possible, letting you settle into your new place with ease.

Moving boxes in home interior

6. Faster Sales Make Buying and Selling Easier

The summer market moves quickly, which is great if you’re also selling a home. Faster sales reduce the hassle and financial strain of carrying two mortgages. The high demand in summer often leads to competitive offers, potentially above the asking price, helping you maximize your investment.

home exterior with colorful summer flowers

Get a Real Estate Agent to Help Take Advantage of the Benefits of Buying a House in Summer

The competitive nature of the summer market makes it essential to work with a real estate agent. They provide expert guidance through the fast-paced buying and selling process, help manage negotiations, and ensure all paperwork is handled correctly. With a real estate agent’s help, you can focus on the excitement of finding and moving into your new home.

If you’re ready to take the plunge, summer might be the perfect season for you to buy a house. With plenty of homes on the market, favorable moving conditions, and the help of a skilled real estate agent, you could be settling into your new place sooner than you think.

The post Benefits of Buying a House in Summer appeared first on Dakno Blog.

Want to see some tips for the Spring Home Buying Season, too?

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What the Latest NAR Settlement Means for You

The recent settlement in the National Association of Realtors (NAR) case has sparked widespread discussion and, unfortunately, some misconceptions. Despite what the headlines may suggest, the NAR settlement is not about diminishing the value that real estate professionals provide. Instead, it’s an opportunity to enhance transparency, flexibility, and ultimately, the consumer experience in real estate transactions.  It is a chance to show consumers how we, as dedicated agents, play a crucial role in this new era of real estate.

To read more about the settlement, please visit the NAR Lawsuit in Tulsa page on the Accent Realtors website,  or the NAR Settlement Overview on the National Association of Realtors website.

The Reality of Broker Fees

The settlement does not mandate changes in broker compensation. It rather ensures that real estate fees remain as they have always been – negotiable and diverse. As a buyer or seller, this translates to a variety of choices in service levels and pricing. It provides the flexibility to find options that align with your financial plans and needs.

clients and realtor discussing NAR settlement on ipad

The NAR Settlement Clarifies Agent Compensation

Addressing a common misconception, the NAR settlement does not disrupt the seller’s established role in compensating the buyer’s agent. Indeed, as a seller, you retain the discretion to decide on this aspect. This element of the settlement enhances the existing flexibility, as a matter of fact. It empowers sellers to make strategic decisions that align with their unique goals.

man and woman reviewing documents with realtor

Enhancing Market Dynamics

While the NAR settlement won’t revolutionize housing affordability overnight, it does bring to light the intricate dynamics of real estate pricing. With or without changes in commission structures, our role as agents is to navigate these dynamics to your advantage. Whether you’re buying or selling, we’re here to ensure you understand the market forces at play, helping you make informed decisions that align with your financial and lifestyle goals.

happy couple shaking hands with realtor

The True Value of Real Estate Professionals

Amid discussions of financial restitution and industry practices, it’s essential to remember the value that experienced real estate professionals bring to your journey. Beyond transactions, we are advisors, negotiators, and advocates who strive to make your real estate dreams a reality. The NAR settlement reaffirms our dedication to serving you with integrity, professionalism, and also a deep commitment to achieving your goals.

happy homeowners celebrating real estate transaction after NAR settlement changes to the process

Embracing the Future of Real Estate After the NAR Settlement

The NAR settlement marks a step toward a more transparent and adaptable real estate landscape. Meanwhile, for consumers and agents alike, this is a moment to embrace positive change. As your trusted agents, we’re excited about the opportunities this new landscape presents. Together, we can navigate the changes, leveraging our expertise and commitment to ensure a seamless, rewarding real estate experience for every client.

In this evolving journey, our promise to you remains unchanged: to provide guidance, support, and unwavering dedication, ensuring your real estate decisions are informed, strategic, and successful. Staying informed and understanding these developments is crucial, especially if you’re entering the market. The real estate industry continues to be dynamic and full of opportunities. If you have questions about how the settlement affects you, our team is here to guide and support you. We’re committed to ensuring a positive and seamless real estate experience, helping you realize your dreams and achieve your goals with confidence and excitement.

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4 Challenges That Come with Marketing Your Own Home

If you’re looking to list your home this year, we have some good news—2020 is forecasted to be a seller’s market, which means most properties will sell quickly and for a higher price than normal. Although buyers are scrambling to find somewhere to settle down, even the most desirable homes still need some marketing to attract a broader audience.

Thinking about selling without the help of an agent? Here are four challenges you might not have thought about—and why you should probably consider working with a pro instead.

Reaching Out to Buyers

Real estate is always evolving, and nowadays, most homebuyers are using the internet, apps, and more to do their research before scheduling an in-person tour. That means if you want to reach an even broader audience, you’ll have to look further than just Zillow. With so many new platforms to choose from, It’s hard to know where to promote your listing—but working with an agent will open the door to even more options (and mean less work for you!).

Not sure where to start? Working with a licensed real estate expert will give you access to the Multiple Listing Service (MLS), which is the number one way that buyers search for homes. The right agent will reach out to their broad network of contacts, host open houses, take advantage of social media, and feature your home on top real estate apps.

Taking Professional Photos

Now that we’ve entered the digital age of real estate, it’s essential to get your space looking its best on a screen. Wondering how to make an unforgettable first impression? High-quality listing photos can help lure buyers into your home, especially if you highlight its best features.

Although smartphone cameras have come a long way, they still can’t hold a candle to the power of a professional photographer. If you want a picture-perfect listing, working with a pro is the way to go—they’ll use the right angles and lighting to make your home appear bigger and brighter. Agents can even create virtual tours and take aerial photographs, which allow buyers to get an in-depth look at your home from the comfort of their couch.

Perfecting Your Listing

Want to craft a flawless listing? It’s not as easy as you might think. Most buyers prioritize price, square footage, and the number of bedrooms and bathrooms—and you should include all of these in your home’s description. However, there’s more to it than just mentioning the basics.

Because many buyers preview homes online first, a good description will set your listing apart from the rest. Highlighting special features, such as outdoor entertaining space or custom cabinets, will have potential buyers falling in love at first sight. If writing isn’t your forte, you might want to consider turning to an agent instead. They’ve probably crafted hundreds of listings in your area, so they’ll know how to appeal to prospective buyers.

Pricing Right the First Time

No matter how well you market your listing, even the most beautiful homes can linger on the market if they aren’t priced correctly. Unless you have plenty of real estate experience under your belt, you could end up making a costly mistake by setting a price without the help of a specialist. If you list too low, you risk losing hard-earned equity—but asking too much will drive buyers away.

If you’re feeling a little lost, you might want to let a professional crunch the numbers for you. The right agent will be familiar with what other homes are selling for in your area, and they’ll be able to figure out how you stack up against the competition.

Take Your Next Steps

Are you ready to team up with an agent and take the hassle out of selling? Let us do the heavy lifting for you! We believe there’s no such thing as too many questions, so feel free to reach out to learn more about navigating the selling process, as well as our effective marketing strategies.

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It’s a Great Time to Invest in Tulsa Real Estate!

What a great month is has been for buyers here on the Tulsa, OK real estate market!

After all, the average listing price has gone down as has the average price per square foot. What’s more, the total number of home sales has decreased.

This indicates that it’s a great time to get a good price for a home here in Tulsa – and then turn a nice profit down the road.

If you’ve been on the fence about whether to purchase a home here, continue reading to learn more about the current state of the market.

An Overview of Real Estate Activity in Tulsa

Here’s what every home buyer should know about the current state of the market here in Tulsa:

  • Currently there are 2,057 homes for sale on the market, including hundred that are some stage of the foreclosure process.
  • Between March and June, the average price per square foot for Tulsa homes was $84, down 3.4 percent from the same period a year ago.
  • Also during that time period, the median sales price for homes here was $136,500, based on 363 home sales.
  • When compared to a year ago, the median home sales price increased 1.1 percent, or $1,500.
  • And the number of home sales decreased 67 percent.
  • During the week ending on June 3, the average listing price for Tulsa homes was $254,059, down 0.3 percent from the week before.
  • During that previous week, the average listing price was $255,000.
  • Popular neighborhoods in Tulsa, including Lynn Lane and Maple Ridge, meanwhile, had average listing prices of $225,169 and $511,012, respectively.

We’ll Help With Your Next Tulsa Home Purchase

As you can see, it really is a great time to be a home buyer on the local housing market here in Tulsa.

Thus, if you’re ready to take that next step toward finding your dream home here, please make sure to connect with us at Accent Realtors.

We would love to assist you by answering any questions you might have as well as providing you with some valuable home buying resources. We’ll also tell you all about the available listings right now on the market.

Until next time,

Paul

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Plenty of Fun Things to Do in The Tulsa, OK Area This Month!

Summer is officially in full-swing here in the Tulsa area! We love this time of year because it’s a great time to kick back, unwind and enjoy the company of those who matter with you most!

To that end, we wanted to share with you some upcoming community events that we thought you and your family might be interested in checking out.

If you end up attending one of these community events, please let us know! We’d love to hear how it goes!

Mark Your Calendar For These Tulsa Area Events in June

So without further ado, here are some upcoming events that are worth checking out if you live in the Tulsa area:

Zoorassic Park: Take your kids back in time with this special showcase at the Tulsa Zoo. Zoorassic Park 2 features 26 giant displays, including 11 dinosaur species. The exhibit also features two super-sized bug displays, including a grasshopper and ladybug. It’s a fascinating exhibit for the whole family!

  • When: Now through August 31
  • Where: Tulsa Zoo
  • Admission: Admission to the special exhibit is just $5 per person with regular zoo admission or $4 per person for members.
  • More Info: Visit http://www.tulsazoo.org/roar

Warren Theatre Summer Kids Series: This series is free to the public and includes fabulous productions of such fan favorites as The Croods, Puss in Boots, How to Train Your Dragon, The Lego Movie and Turbo.

  • When: Now through August 4
  • Where: Broken Arrow Warren Theatre, 1700 W. Aspen Creek Dr. in Broken Arrow
  • Admission: FREE!
  • More Info: Call (918) 893-3545

Local Farmer’s Market: Even if you’re not grocery shopping, the Wagoner Farmer’s Market is a great way to get out and meet your neighbors. The market is open every Thursday evening from 6:00 to 8:00pm

  • When: Every Thursday
  • Where: Cherokee and Main Street in Wagoner, OK
  • Admission: FREE
  • More Info: Visit www.tulsaworld.com

Confidence Camps: This summer, bring your kids to this camp series at Guts Church in Tulsa. It’s a great way to keep them busy this summer while giving them a new skill they’ll learn for their entire lives!

  • When: Starting Monday, June 15 and repeating every week on Monday, Tuesday, Wednesday, and Thursday until July 27
  • Where: Guts Church, 9120 E Broken Arrow Expressway in Tulsa
  • Admission: $50 per child
  • More Info: Call (918) 622-4422

Interested in Relocating to Tulsa?

We hope you get a chance to check out at least one of these events this month in Tulsa. They really sound like they’ll be enjoyable events to experience!

For now, if you’re interested in relocating to Tulsa and making this your permanent home, please don’t hesitate to contact us at Accent Realtors today.

We would love to assist you by answering any questions you might have as well as providing you with some valuable home buying resources.

Until next time,

Paul

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Thanks to Everyone Who Made Our Shredding Event a Success in Tulsa!

We are thrilled to report that our recent shredding event was a great success and we just wanted to take a moment to thank everyone who came out to support us!

For those of you who might not know, we hosted a community shredding event on April 25. More than 75 people came out to support the event by bringing items they wanted shredded.

More than just a place to securely dispose of important documents, however, our event was a way to get to get more connected with the community.

After all, we also provided face painting for the kids along with child-friendly games and free refreshments.

It was wonderful getting to enjoy the great weather, hang out with our neighbors and also give back to the community at large. So thanks for everyone’s help in making the event a success.

Did You Happen to Attend Our Shredding Event?

Then please make sure to head over to our Community Events page to see if you’re in any of the pictures we took at the event.

The page also has some great information about other past events we’ve held in the region.

Giving Back to the Community is Part of What We Do

We here at Accent Realtors believe not only in delivering quality real estate services to the community but also making the area better as a whole. That’s why we pride ourselves on regularly hosting events like the recent shredding event.

We hope you get a chance to check out our next event. For now, if you’re interested in buying or selling real estate anytime soon in the Tulsa area, make sure to contact us at Accent Realtors. We’d be happy to assist you!

Until next time,

Paul

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2014 Tulsa Real Estate Market in Review

Recap of the 2014 Tulsa Real Estate Market

The Accent Team had another wonderful year in Tulsa, and I hope you and yours had a fantastic 2014 as well! Buying and selling real estate is a huge investment. Find out how yours is faring.

Real Estate Market Recovery

Real Estate MarketThe market continues to recover although, at a slower rate than 2013. It also ebbed and flowed more in what we call a “see-saw” recovery. With a global economy, we are affected by so much more than just our local happenings.
The number of sellers in the Tulsa market was up 3.7% in 2014 vs. 9% in 2013.

Shifting to a Seller’s Market

Inventory was down compared to 2013. Tulsa area Months Supply of Inventory (MSI) was down from 7.18 in 2013 to 5.96 in 2014 which means we are heading towards a seller’s market.
Average time on the market was down to 52 days in 2014 compared to 54 days in 2013 and 60 days in 2012.
The most expensive home sold in the Tulsa area sold for $3,475,000 at 26th and Lewis.
Average sales price went up because buyers are finally buying the larger and more expensive homes.

Appreciation Prediction

Appreciation is always a tough number to pin down without selling the exact home multiple times over a period of time.
Our rough estimates are about 1% appreciation this year. We prefer to see 3-7%, but at least we are not losing value in most areas of town.

Effect of Interest Rates

Last but not least, interest rates are expected to rise in 2015, but then, they were also expected to rise in 2014 and did not.
Economists are guesstimating an increase to 5% or more by the end of the year.

Real Estate Investment

So- What do we recommend?

It’s still a buyer’s market in almost all price ranges but things are moving quickly if marketed, staged, and priced well.
It’s a great time to buy because of low rates and being close to the bottom of the market. Because the buyers are out in full force and low inventory, it is also a decent time to sell.
As rates go up over time, the buyer’s ability to buy will be affected.

We’re Here To Help

All this being said, we are extremely excited about 2015 and our ability to serve our clients even better! If you need any additional data or general information about the market, don’t hesitate to contact us. We are here to help!

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Accent Gives Back

Accent Gives Back!!
For every home closed Accent gives $25 dollars to the charity of our Buyer’s/Seller’s choice.
This month we have given to:
The Church at Midtown
The Church at Battle Creek
First Baptist Church in Catoosa
Big Brothers & Sisters
Pet Adoption League (2)
Make a Wish Foundation
Tamboa Buddhist Temple

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Real Estate Recovery

Some of our team members and I just returned from a fantastic real estate conference in Phoenix called Breakthrough 2013. Having been through a down market for the last several years in real estate, the overall theme of the conference was on recovery. It was so refreshing. Since 2007 we have had to adjust, adapt, streamline and make everything more efficient to stay profitable. We lost hundreds of Realtors in our Tulsa real estate market and even lost a few of our big name, long standing real estate companies to buy outs. But now, with our low interest rates, shrinking inventory, recovering economy and buyer pool size, we are finally seeing the first signs of recovery. So what did they really tell us in Phoenix? They reminded us of the value of relationships. They reminded us that great communication is more important than ever. 90% of all communication is still offline. They reminded us not to take life too seriously and that laughter is still the best medicine and last but not least, they reminded us to not let the pain or challenges of the past blind us from the promise of tomorrow.