Four Colors That Turn Off Buyers

Could the wrong shade of paint dampen interest in a home? As a real estate pro, you can point sellers in the right direction when they’re considering color updates.

First, take note of palettes consumers tell researchers they like: The favorite color combos for exteriors are white and gray, beige and taupe, and slate and black, according to the 2013 National Home Color Survey. On the inside, neutral wins too. The most popular 2016 colors include grays and shades of white, as well as natural-looking greens.

Although it’s tough to prove, a Zillow Digs analysis of 50,000 photos of recently sold homes even suggests homes with creamy yellow or wheat-colored kitchens, light green or khaki bedrooms, dove or light gray living rooms, and mauve or lavender dining rooms sold for $1,100 to $1,300 more than properties decorated with less popular colors.

Read more HERE.

What is the Difference Between a Real Estate Agent and a Realtor?

Are the terms “real estate agent” and “Realtor” interchangeable? Those inside the industry know that they’re not, but they also know that it seems to be a bit of an industry secret — many consumers aren’t sure at all what the difference is between a real estate agent and a Realtor, or whether there even is one.

Here’s a guide you can share with clients to help explain how this real estate agent vs. Realtor thing works.

5 Home Staging Mistakes to Avoid

It’s relatively easy to find advice on how to stage a home, but sometimes the most effectively staged homes are founded on the things you didn’t do. Remember, it’s just as import to appeal to prospective buyers, as it is not to scare them away.  Click HERE to read the five tips.

Mortgage Giants to Reduce Loan Balances

About 50,000 struggling home owners could be eligible to have their mortgage balances reduced under a new plan to be unveiled by Fannie Mae and Freddie Mac, The Wall Street Journal reports. The plan was approved by the Federal Housing Finance Agency and is expected to be formally announced “within the next few weeks.”

For more information, click HERE.

 

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