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Choice Realty & Management

Realtor Bloomington Indiana

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Blog

Best Rooms to Update

November 30, 2019 by Lori Todd

If asked which room would you want to remodel/update, most people will answer one of two rooms….. Kitchen or Bath. It just so happens that these two rooms also earn the highest return on investment and can provide the best impact on pricing a home for sale.

Avoid making remodeling mistakes if you plan to sell. By choosing traditional and neutral products, it’s best to stay away from trendy patterns that may become outdated too quickly. You should also think like the general buyer rather than personalize to your own taste if you tend to have unique preferences. Painting and choosing the right paint colors are important tasks to complete a remodel by giving a fresh, clean and crisp finish.

Rooms that have not been updated in the last 10 years are overdue! It may not sound like very long, but decorating and designs typically last no more than a decade.

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Do Houses Sell After Labor Day?

October 22, 2019 by Lori Todd

The quick answer is YES. Houses DO sell after Labor Day. In fact, we usually see a surge in activity in October & November. Buyers are able to make an offer and close on a mortgage in a month so having a goal of being in a new home for the holidays is realistic.

Unfortunately, we are seeing the continued challenge of low inventory so the statistics look like sales have fallen but that’s just because there are less transactions due to few houses being for sale.

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Sales Agent Joined Us!

August 2, 2019 by Lori Todd

Meet Kaili Frye! Kaili Frye is a lifelong resident of Bloomington. She graduated from Bloomington High School South in 2013 and continued her education at Indiana University, graduating with a Bachelor’s Degree in 2017.  She is a third generation real estate agent and watched her family as they owned a Real Estate Firm working with sales and rentals. She decided to follow in the family’s footsteps and became a licensed real estate agent in January 2018.  She received extensive training with a large real estate franchise during an 18-month period but knew she wanted to grow her real estate career with a locally owned and operated company.  Kaili is driven to help her clients succeed and will be using her skills along with tools from Choice Realty and Management to better serve buyers and sellers with their real estate needs.

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Keeping Up with Curb Appeal…

July 19, 2019 by Lori Todd

If you’re like me, you don’t have much free time to work outside in landscaping. And, when you do have free time, it rains! With 97% humidity and temperatures in the high 90’s, it doesn’t take long for weeds to take over and create a mess.

Spraying weed killer might be quick and easy and it does kill the weed but it’s still there, looking brown and wilted. For the best appearance, the weeds still need to be physically removed. And, sometimes it’s best to hire a crew to take care of the work that you don’t have time to do.

Planning ahead and taking preventative steps is even better. When you are creating landscape areas, be sure to use black plastic to help prevent weeds. Use a landscape border to help create an edge for weed-eating and keeping grass clippings out of the landscape beds.

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Updating a Kitchen.

June 5, 2019 by Lori Todd

Do you start with picking out a new counter top? Or, do you start with picking out a new wall paint color? Or, what about painting cabinets or the backsplash? I had this conversation recently and I think the answer is: whichever item is most important to you! There is no right or wrong way to go about updating materials. If you start with the counter top then you can match paint color. Or, if you start with a wall paint color then you can match the counter top or backsplash.

If you plan to stay long-term, updating to please yourself is most important. However, if you plan to sell and move, then thinking of the general buyer would be an important factor to consider. The general consumer likes neutral and traditional. The general consumer is typically a medium-grade buyer; not too fancy and not too cheap.

When remodeling, it’s also important to match the value of the home. For example, if you have a basic, affordable ranch, you most likely would avoid spending thousands of dollars on a solid surface counter top. However, if you have a high-end priced home, you most like would not pick out the cheapest laminate top.

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Spring Market Price Bust??

May 28, 2019 by Lori Todd

With the low inventory challenges still lingering, we have been experiencing high price increases and contracts within hours. It sounds great for sellers to maximize their home value but buyers are pushing limits on market value. Will the demand for paying top dollar cause a slowdown in the market or jeopardize the health of the economy? Some would argue that it cannot be sustained while others are searching for ways to create more inventory which would lessen the pressures on pricing.

We have noticed an increase of price reductions. It’s hard to say if the market is slowing down or if sellers were wrongly confident on pricing. In most market conditions, a home priced right and in good condition will sell.

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Choosing Paint Colors

April 3, 2019 by Lori Todd

With Spring upon us, many people think about freshening their homes with new paint colors and adding new decor. Before picking a favorite color, one should decide the purpose of the room and what type of mood is desired when spending time in the room. Paint colors are a lot like aromatherapy. Colors can create a specific feel or mood so it’s more than buying a bucket and brush.

Blue tones can be productive but also calming and can be soothing which helps lower blood pressure. Purple and Lavendar tones are also relaxing and calms nerves. Pink is consider happy and calming. Reds and Oranges are typically aggressive colors which increases adrenaline and one’s appetite. Yellow paint is happy and energetic which increases metabolism and alertness. Green tones are tranquil and represents good health. Overall, dark colors tend to be warm and sophisticated.

A Happy You is a Happy Home. A Happy Home is a Happy You. Make sure you take time to decorate your home to create a place to enjoy and use each room to create peace and productivity.

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Maintenance… ongoing.

March 30, 2019 by Lori Todd

You may not want to spend money doing maintenance, but being proactive rather than reactive usually costs less money and much less stress! When I teach a home buyer class, I talk about budgeting and planning for maintenance after closing on their new house.

People don’t like to spend money on things that aren’t much fun, but do you want to spend $75 cleaning gutters or $1000 fixing water damage? Or, how about spending a couple hundred dollars on caulking and painting rather than a couple of thousand dollars replacing damaged and rotted wood? There are many suggestions on the internet of what kind of home maintenance is needed. Making an annual schedule can be helpful, breaking it down monthly so that your expenses and time can be spread out to make it more manageable without neglecting.

Our Maintenance Department is for hire and has affordable pricing. If you don’t have the time or if you’re not handy with house maintenance, consider Choice Maintenance to help with your general maintenance chores.

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Prepping a Home to List for Sale

March 23, 2019 by Lori Todd

There are many tasks to consider when preparing to list a home for sale, but focusing on the top few is using your time wisely.

So, where do you start? I say… at the front door! When showing a house, an agent usually stands with the buyer outside the front door while unlocking the door to enter. These few seconds can be critical in planting the feel of a good start or a bad start. Do you think having a problem with unlocking the door would be a good experience? Make sure the door is clean and freshly painted, has a good, working lock and a nice door mat to create a welcomed setting.

Once inside, most people tend to focus on the kitchen then the main living space and on to the bedrooms and bathrooms. Kitchens can be expensive to update and sometimes updates will not generate 100% return. However, updates can make the house sell faster! Changing out faucets, cabinetry hardware and light fixtures are easy items to switch out and can make a huge difference.

Fresh paint can immediately brighten and change a room. Clean and freshly painted trim and doors can create a nice, clean environments which tends to make a home feel better maintained and helps sell for higher price.

Arranging furniture (or removing furniture) to maximize room space is also worth the time and effort. Take a moment and walk into each room then ask yourself what looks good and what doesn’t, then focus on what needs improved.

Trust me, this is what a buyer does when touring houses so if you want to receive an offer and potentially sell your home for the higest price in the shortest time, doing these tips can help you.

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Spring Market Preparations

March 20, 2019 by Lori Todd

As we approach Spring, real estate activity is top of mind for many people. Whether you are a seller thinking of preparing to sell or a buyer thinking of purchasing a home, there are many steps to consider before putting the sign in the yard or getting in the car to tour.

Our next couple of blogs will focus on each side as we hope to offer detailed information to help with the process. Our website has a Q&A posted to also help sellers and buyers which can be accessed at any time.

Check back soon for continued stories on the home buying and selling process. OR, feel free to contact Broker/Owner Lori Todd for a direct and personal packet of information!

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Choice Realty and Management
1715 S. Walnut St.
Bloomington, IN 47401
P: 812-331-7353
F: 812-331-4525
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