Before & After: Cluttered Office Goes Chic By Joe Szabo, Scottsdale Real Estate Team
Before
After
Go smaller in a small space
The large hutch dominated the small room. Removing the top of the hutch from the desk was a great way to open the space. Drawers provide spots for clutter and a file holder on the desk is essential for organizing paperwork. The desk is now wider, and provides more surface area to work. This is a reminder that not all sets will work in a space — sometimes it’s best to take a part away and use it in another space. A smaller shelf provides the display space the top of the hutch provided.Add little details
A little pizzazz — in this case, turquoise and gold — are the stars of the room. Swapping out the basic knobs of the desk for gold and crystal ones gives the desk a bit of elegance. Another inexpensive touch is to add patterned paper — in this case wrapping paper — to a Plexiglas desk top. Other small gold and aqua accessories tie the room together.Read more here
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, [email protected] or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.Understanding the Role of the Real Estate Agent By Joe Szabo, Scottsdale Real Estate Team
What Is ‘Luxury’ in Today’s Real Estate Market? By Joe Szabo, Scottsdale Real Estate Team
Luxury is lifestyle
There’s more to a luxury home than good looks and fancy finishes; these homes are also built with future homeowners’ comfort in mind. “The breathtaking master closet and dressing area is custom designed for couples,” a brochure for Al Ross’ Houston listing states. “Abundant shelving, magnificent oval packing island with Silestone surface, storage, electrical and USB outlets and subtle LED under-lighting mark the spacious luxury of a perfect wardrobe.” Strategies taken by luxury real estate professionals, like creating customized spaces with a bit of fantasy in mind, reveal how homeowners are looking for a story to share with every visitor who walks in the door. Nick Segal, president and founding partner of Los Angeles brokerage Partners Trust, is developing a Best View score to help tell the story of his high-end listings. Each home will be given a “grade” based on six criteria: explosiveness, texture, exclusivity, proximity, iconography and privacy. The goal is be able to put weight behind the phrase: “Best view in Los Angeles.” “Luxury is lifestyle,” Segal said. “What do my friends feel like when they come into my home? Do I have art walls? A comfortable environment?” Segal calls the spaces “micro-environments” — picture-perfect settings throughout today’s luxury homes. “An oversized couch with an accompanying chair and adorned side tables — it’s a perfect little picture. Unless you’re having a party, no one is actually sitting there, but it’s visual eye candy,” he said. “It’s a pause at each turn. Fresh-cut flowers, bringing light in — every vantage point seduces.”Luxury is ‘smaller’
Stemming from building codes and smaller lot sizes, Segal says we’re seeing a move toward “de-mansionization” in the luxury market. While homes may cover less ground, however, they aren’t necessarily smaller. “Vertical is the answer when you don’t have suitable lots to sprawl,” Segal said. “People are building out more to the edge of the envelope.” Instead of less house, today’s high-end homes have more floors and less yard. One way builders like Ross are saving space is by creating an open-concept living, dining and family room. A large center island in the Spanish Revival home above anchors the space and allows for more casual, year-round entertaining than separate, formal rooms.Luxury is local
But what sells in one market isn’t necessarily considered luxury in another. “In Los Angeles, it’s all about the indoor-outdoor flow,” Segal said. “In the Northeast, I imagine they want covered, enclosed spaces that bring the outdoors in but shield you from the humidity or bugs that will eat you alive. There are different mindsets related to climate.” The spec house in Houston has a media room and elevator, two features that are still a big deal in Houston. But in L.A., they don’t have as much appeal. “The practical application of those elevators is so slow,” Segal said. “I’d rather take the stairs.” Power generators serve an important purpose in hurricane and earthquake country, but in other markets, they can be seen as superfluous. Moreover, garages for multiple cars are still in high demand in vehicle-dependent cities like Houston, but this isn’t the case everywhere.Read more from zillow here
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, [email protected] or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.4 Ways to Gain the Competitive Edge When Home Shopping By Joe Szabo, Scottsdale Real Estate Team
Find properties before everyone else does
Time is key in a competitive market with very little for-sale inventory. To expand your search and get the edge on the competition find properties before they hit the market. Try using Zillow’s new Coming Soon feature, which allows you to search for properties that will be listed for sale within 30 days but are not yet on the market. This is especially useful in competitive markets where inventory moves quickly and bidding wars are all too common.Make an all-cash offer
While the cash-buyer trend is happening nationwide, it’s most predominant at the lower end of the market and specifically in markets such as Tampa, Detroit and Miami. In those metros, more than 80 percent of all sales in the lowest price bracket during the first quarter were cash deals, according to a recent analysis by Zillow. Have the money in hand? Not waiting for a loan approval or to collect that down payment from relatives? From the sellers’ perspective, an all-cash offer is going to be hassle-free, and at the end of the day, that’s what they want, regardless of whether they’re in a rush to close.Be well-qualified
If you’re a serious buyer, you’ll only be taken seriously if you’re well-qualified one — i.e., you’re gainfully employed, able to make a substantial down payment (20 percent or more) and, of course, have good credit (think: mid-700s). This is really important in general, but particularly if you’re up against the aforementioned cash buyer. It’s your best defense.Write a personal letter
Are you perhaps interested in buying the home you once grew up in? Does it evoke fond memories of happier times? Have you found your perfect abode? Why is it so perfect for you and your family? Let the seller know, particularly if there are multiple offers on the property. A personal, handwritten letter expressing your love for the home and the beautiful surroundings could be just the thing you need to tip the scale in your favor. Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, [email protected] or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.June 2014 Scottsdale Arizona real estate market update
30-Year Fixed Mortgage Rates Down Slightly By Joe Szabo, Scottsdale Real Estate Team
Top 10 Real Estate Investor Mistakes By Joe Szabo, Scottsdale Real Estate Team
1. Not penciling out your real estate deal
This describes about 80 percent or more of real estate investors. They don’t take the time to put pencil to paper and make sure that the rental revenue from the property will be more than all the property expenses – and leave some monies left over to return to one’s bank account. A negative cash flow property will virtually guarantee a measly – at best – investment return on your money.2. Not penciling out your deal with conservative numbers
For those few fortunate ones who do know how to pencil out a deal, many use unrealistic numbers. They overestimate rental income, underestimate the vacancy, then underestimate the expenses associated with operating a property. That turns into low or negative investment returns for the property owner.3. Getting renovation costs wrong
Most buyers have little idea how much it costs to renovate a property. They listen to the home inspector, their real estate agent, and just throw out a number like $25,000 for everything. Then they start getting bids for the work and quickly see it will actually cost $80,000 for everything. Word to the wise: Always do a lot of homework and be very conservative in your renovation budget estimates.4. Underestimating renovation time
Additionally, inexperienced investors believe a good renovation can be done in 30 days, or 60 days. Many times it takes much longer to finish these projects than originally estimated. As a real estate buyer, you should talk to others who are experienced to get a realistic expectation of the time involved in a property rehabilitation.5. Thinking something can only cost ‘that much’
It never does, it always costs more; many times much much more. So whatever the expense, renovation, service, contract, capital item, etc; chances are it will cost more than you think.6. Thinking that stocks, bonds and real estate are all comparable investments
People often say they want to buy real estate to get better returns than their stock, bond or bank account can provide. Real estate is a unique asset that comes with clogged toilets, challenging tenants, nebbish neighbors, etc. It’s not an asset where you can invest and just look at an account statement every few months like you could with a stock, mutual fund or bond. Owning rental properties is a business, it can be time consuming and stressful. Make sure that makes sense for you before you buy.7. Thinking it’s a “turn-key” real estate deal
Earning money with almost no work on the investor’s part? Never! Not going to happen!8. Believing that flipping properties is investing
Flipping is “speculating” for most real estate buyers. Unfortunately, most lose money. Sure, it looks easy on TV and those shows are fascinating! I personally enjoy watching them; but they are not realistic. Not everything you see on TV or the Internet is true you know…..9. Thinking that real estate is low risk
There are all kinds of risk issues that come along with owning real estate. Many an investor can mitigate and/or remove some of those with prudent behavior and the proper due diligence. Most investors do not do any of that, leaving them exposed to a myriad of items and issues that can and sometimes do become financially painful.10. Believing what others say about their “profitable” real estate investing acumen
There is also no way to verify what someone else is telling you about how they did on their real estate investments – unless they show you their tax returns and credit report. But since people love to boast, we often only hear about the winners, not the losers. Many times the statements from those supposed “winners” are embellished with questionable claims. Be careful, do your own homework, but verify your own conclusions. Those are many mistakes that investors can make. Some are very challenging to mitigate. Experience will teach you a multitude of lessons over your real estate investing career. Just try to avoid the big expensive ones that could clobber you; and end your investing career before it even gets off the ground. Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, [email protected] or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.Love Your Lawn? Follow These Guidelines By Joe Szabo, Scottsdale Real Estate Team
Seed
Before you decide on a Kentucky bluegrass, Bermuda or rye, find out which grass is best for your climate by consulting the U.S. Department of Agriculture (USDA) plant hardiness zone map. Perform a soil test to see if you need to make any amendments before planting seed, and then follow these guidelines:- Till the soil and remove weeds, rocks and plants. Consider adding fresh topsoil mixed with an organic material to improve water retention, and a fertilizer to stimulate germination.
- For small areas you can sow the seed by hand; for larger areas use a seed spreader. Cover the seeded soil with straw to protect the seeds and help them retain moisture. Section off the area to avoid foot traffic.
- Water daily and do not mow the grass until it is at least 3-inches high. Water less frequently as the grass matures.
Sod
Laying sod is a great way to have a lawn without the wait, but it’s a big job. It’s best to lay sod during cooler weather so the grass can take root and avoid the risk of burnout. (Fall or spring are typically the best times of year in the North; spring is ideal in the South.) Familiarize yourself with how to lay sod before deciding if it’s right for your lawn.Lawn alternatives
Lawn alternatives provide as much greenery and coverage as a regular turf but can be lower maintenance, hardier and even scent-filled. There are many varieties to consider — from micro clover to Corsican mint — so be sure to check to see which is best for your lawn, climate and upkeep.Watering
Most lawns require about 1 inch of water per week. It’s better to give your grass a good soak every three days than to water a little bit every day. Your lawn will tell you when it needs watering, provided you know the signs. As you walk over the grass, your footsteps should readily disappear; if they don’t, you need to water. A bluish-green color and curling glass blades are also indicators of dehydration.- Watering less frequently encourages roots to grow downward (in search of water), which makes your lawn more stable.
- In most climates, a deep, thorough watering twice a week should be enough to keep your lawn happy.
- Water your lawn in the early morning, so there will be less evaporation. Grass will also have a chance to dry out before the sun starts beating down.
Fertilizing
Grass requires small amounts of many nutrients (calcium, magnesium and sulfur, to name a few). Macronutrients like nitrogen, phosphorus and potassium are needed in larger quantities. A soil test performed by your local extension office will reveal what your lawn needs to succeed. The results of the test will include a range of information, such as your soil’s pH.- Cool-season grasses (including Kentucky bluegrass and tall fescue) benefit most from fertilizer in the fall, at which time the added nutrients go a long way toward bolstering root growth.
- For warm-season grasses (including zoysia and Bermuda), springtime fertilization is appropriate once the lawn is actively growing, about six weeks after the last frost date.
- Using slow-release fertilizer prevents nutrient overload and lowers the risk that your application will contribute to shoot, not root, growth.
Mowing
When choosing a lawn mower, take into consideration the size of your lawn, the presence of inclines and obstructions, comfort (if you decide to go with a riding mower), safety and maintenance. You want a mower that will suit your unique landscape and be user-friendly. When you mow,- Never cut more than one-third of the blade; any more will shock the plant.
- Cut your lawn higher than the recommended rate during hot summer months.
- Switch mowing directions to prevent turf wear and soil compaction.