WolfTeam News

July 30, 2010

Virtually Staging, er, “Enhancing” Listing Photo’s

Filed under: Marketing,Preparing Your Home,Saving Money — Tags: — Dan @ 9:50 am
Family room vacant

A vacant family room

I listed another vacant house a few days ago and decided to get some virtual staging in some of these big vacant rooms!   As you know most homes show better with a little bit of furniture in them so you can get a feel for the room size and help envision how you are going to utilize the room.

A "staged" family room - digitally staged that is!

Check this out!  The difference in these photo’s is “night and day”  See, the house is completely vacant, but we’ve “virtually” staged the home in the photo’s used on the Internet. 

Sure, when the customer shows up at the house they are going to find

A vacant dining room

the home vacant, but there must be something drawing them to look at homes at this price or in this area, right? 

Check out the dining room on the left and then the dining room below.  It might be difficult to know what the room would be used for seeing it vacant, but it’s more than obvious once you put a formal dining table in the room!

This is all new to me so I’ve been having fun staging homes virtually!

A digitally enhanced dining room!

July 27, 2010

Executive Lake Front Townhome – Big Lake Alaska

I recently looked at an upper end townhouse on Big Lake.  It was very nice and had a few really high end features. 

An early morning view of Big Lake from the front

The location is always the first thing I consider, because other things can be changed if they are up to your personal taste.  This townhouse would be considered a second home, one because it’s on a recreational lake and the design of the home lends itself to a recreational use.  It is located on Big Lake, about 10 miles west of Wasilla.  The highway is paved right to the front door – nothing rustic here!  Check the lake view from the massive front windows!

The “specs” on the townhouse is 3,600 square feet, not including the garage.  The top floor is a wonderful Master suite including a vaulted ceiling,

Elegant Gourmet Kitchen

The livingroom with small view of the large windows

fireplace, and a walk out to a private deck, which would be perfect for your hot tub or completely private sun deck.

The main floor floor has massive “floor to ceiling” windows facing south and west for the best sun exposure.  You can see down the lake and to the east to Mt McKinley on the horizon!  The kitchen is amazing with custom made cherry cabinets with many custom features that you would expect in a high in gourmet kitchen.  The counter tops are slab granite. 

Nice Master Suite

The lower level is perfect for a recreational home!  There is a overhead door (like a garage door) which opens to the outside patio!  You can pull your lawn furniture and water toys out the door and be ready for fun!

There is a full kitchen on the lower level, in addition to the nice gourmet kitchen I mentioned previously on the main level.  On the rear side of the lower floor is  very nice theater room completely built out with theater seating, screen in place and ready for use!

If you want a second home to get away from it all, this townhome would meet all your criteria!

July 22, 2010

The Wolf-Family 2010 Summer Vacation to Utah

Filed under: Just for fun,Life in Anchorage — Dan @ 12:14 pm

My 10 year old son, Cody, has had a fascination with motor-homes.  I have no idea where it started, but driving down the road he’ll comment on motor-homes when he sees them in traffic, “look dad, it’s a class “A” or “that’s a “C” class” motor-home“.

Kristi and I figured it would be a great surprise if we actually took a motor-

The start of the adventure! Yea, I looked scared!

home trip.  We decided to take a tour of National Parks in Utah.  I had done those destinations alone in previous summers on a motorcycle I keep at a friends in Montana.  Kristi got on the Internet and located a 2001 35 foot class A motor-home for rent in Salt Lake.  I was tasked with planning the route and scheduling the motor-home parks.  It’s important to note, we’ve never done a trip like this and I had previously never even driven this sort of motor-home, much less run the generators and handle the water and septic issues.

We flew to Salt Lake last week with our son Cody and one of his friends.  We also brought along our older son, Ryan who is finishing up his college in Portland Oregon, but was out for summer break.

Picnic-style dinner in Bryce Canyon

We didn’t let much grass grow under our feet.  As soon as we arrive, we picked up the motor-home and after a fast orientation, set the GPS for southto Bryce Canyon!  We arrived at late in the day and found the camp ground where I had made reservations.  We learned that evening that much of motor-home life comes naturally.  With a couple of tries we had leveled the motor-home on our camping pad, hooked up the electric, water and sewer and let the livingroom slide out, expanding the living area by twice the size.

The next morning we hopped a shuttle and headed to Bryce Canyon.  We had read the National Park guide which recommended a rim hike.  After loading up on bottled water, we decided that would be a good use of time, and run some pent up energy out of our three boys.  The rim walk was spectacular!  We hadn’t been to Bryce before, but looking back over our trip, we determined Bryce was one of our most enjoyable stops!

The next day we headed to the north rim of the Grand Canyon in northern Arizona.  Our camp ground was more basic than the park we left the day before, but adequate.  There is a shortage of camping spots on the North Rim, and our spot was 40 miles from the Grand Canyon.  We were able to build an outside wood fire, not often the case we were to learn, and we were able to roast hot-dogs, marshmallows and make home-made smores from gram crackers, Hershey bars and marshmallows!  Our fire got so large from burning the huge pine-cones we collected, one of Smokey the bears representatives paid us a personal visit to ask us to “tone it down some“, which we did.

The third day we headed north to Page Arizona, home to Lake Powell, the huge, and beautiful man-made lake made when the Colorado River was dammed up to collect water for irrigation and for hydroelectric uses.  We took  a nice long hike and even got in an early morning run before the sun got too hot.  It was 100 degrees by noon!

Off Road Jeep Trip!

The fourth day we drive up to the town of Moab Utah.  Moab is world famous for it’s mountain bike trails and off road jeep trails.  After locating our camp ground, we ditched the motor-home and rented a 2010 Rubicon jeep!  We were enjoying our camping trip, but it sure felt nice to run errands, like restocking food and water, from the jeep and not driving the “big bus”! 

After our morning run the next morning we headed to Arches National Park, home to dozens of natural red-rock arches and amazing natural rock formations in the Utah desert.  We parked and took a 7 miles hike, appropriately named “Primitive Trail”.  We all learned something about taking such a long hike in 100 degree desert sun.  Seven miles proved a lot longer than we originally thought and after running out of water, we started hallucinating about what was for dinner and regretting any water we’d wasted in previous days!  The scenery was fantastic and we’ll remember our hike and experiences for the rest of our lives! 

A hike in the desert - Arches National Park

The next day was the 4th of July.  We loaded up the boys in the jeep and headed for a remote area where you can “off-road” with the jeep.  We found some very rugged trails we could really put our rented jeep through it’s paces.  We had spots we had do drop below 4 wheel drive and into 4 wheel Low and gear way down to get through the rough terrain.  The boys were energized and loved the bouncing around in the desert.  My wife, Kristi, constantly was telling me to slow down and be cautious.  I let her drive and all the caution flew out the window.  We all got a bouncing from her much greater than I as able to do with her in the back seat!  :)

That evening, thanks to the city of Moab, we enjoyed a nice fireworks display to end our 4th of July celabration correctly.

The following day we made our way back north to Salt Lake,where we flew home the following morning.  The Wolf family had a great 2010 summer break that we will remember fondly for years to come!

July 18, 2010

New Time-Saver Technology Comes to Real Estate

A month ago Alaska Multiple Listing Service asked if I would demo a new program for them.  The program they asked me to try is called DocuSign. I agreed to give the program a try for them. 

Signing digitally can be very convenent in many situations!

The program turned out to be easy to use and such an obvious advantage that I’m amazed we didn’t have a program like it before now!

The program is incorporated into our FlexMLS document program.  When we type up a real estate document, such as a Listing Agreement or an Agreement to Purchase, we can click on the DocuSign tab and by following a series of screens, and email the form to one or more parties. 

When the customer gets the form via email, they can open the form and again by following easy screens, they can sign the form digitally on the screen and simply email the form back. The customer can create their own digital signature online without needing a scanner or any unusual equipment.

In the “old days“, we would fax the forms to be signed if the buyers couldn’t drive to our office.  One problem was by the time the form was signed and faxed around a couple times, the print would distort and become very difficult-or impossible- to read. 

In some transactions, contracts are negotiated at length, so buyers and sellers would have to run back and forth between their homes and the real estate office again and again; Sometimes there was the problem of  locating a fax machine….

Another nice thing about DocuSign is if their are more than one signer on the documents, they don’t have to be at the same location to sign digitally.  In other words, one party can sign online on one side of town, and the other party might be on a business trip or working on the North Slope, yet they can sign the same exact form – No more signing duplicate documents in counter-part!

After a month of using DocuSign, I’m amazed at how few problems my customers and I have had using this very convenient program!  Real estate buyers and sellers love the convenience, not to mention it’s green (your not killing trees) and maybe the best things is the program is just plan tech-y and cool!

July 15, 2010

Dad said “Buy Low and Sell High!”

This may be the best buyer’s market we’ll see in our lifetimes.  There are lots of legitimate reasons why a person should be taking advantage of this real estate market if they are able.

Anchorage with the Chugach Range backdrop

City of Anchorage with the Chugach Range backdrop

Obviously, if a person doesn’t have the down payment or have a workable credit score, they won’t be able to seize this opportunity.  If a person is concerned about losing their job, that would be a valid reason for not buying now.  If you are planning on relocating in the next year or two, maybe now isn’t the time to buy.

On the other hand, if a person doesn’t own a home, has good credit and job stability, they should seriously consider capitalizing on this unique combination of opportunities. 

The Top 10 Reason’s to Buy  A Home NOW!

1. Interest Rates are incredibly low – rates are at near historic lows, often spiking below 5%.  Interest rates play a huge part in the cost of hosing together with the price and shouldn’t be overlooked.

The average interest rates for the past four decades were:  1970′s 8.9%; 1980′s 12.7%; 1990′s 8.1$; 2000′s 6.3%

2. Lower prices. Recent price adjustments have made good values that haven’t been available in some situations for years.

3. Selection is still good.  Home inventories in most real estate markets and in certain price ranges are higher which allow buyers better choices.

4. Negotiate financing concessions – FHA, VA and Conventional loans allow for the seller to pay some closing costs that traditionally would be a buyer cost.  This market may allow a buyer to get closing cost assistance.

5. Costs for FHA loan going up.  The annual MIP for FHA loans will probably be going up this year which will incrase the montly payment.  Buyers who get in now will pay lower fees.

6. Interest and property tax deductions- The U.S. is one of the few countries in the world that allow an interest and property tax deduction for homeowners and taxpayers.

7. Capital Gain exclusion- the U.S. allows qualifed homeowners to make a profit on their home without having to pay tax on the gain.

9. Borrowing against your equity is  non-taxable event. taking money out of the equity in your home does not require you to recognize capital gains income.

10. The combination of reasons to buy a home may never be stronger than right now!

Interest rates are going up;  it’s just a matter of when.  Inventories are starting to be absorbed by current demand.  Prices have begun to climb in many U.S. markets.  Real estate inventories are beginning to decline.

A basic rule of investing is to buy low and sell high.  There will be some buyers who take advantage of he current opportunities and will look back and remark how fortunate they were to act when they did.  Th3ere will be others who look back on these conditions and say “We should have bought then.”

Hindsight is always 20/20.  Evaluating the present and acting takes equally clear vision.

July 13, 2010

Real Estate For Sale Sign – with a modern twist!

I have a good real estate friend who has a great technical mind.  He’s good at thinking “outside the box.”  Recently, he had a good idea for a real estate sign.  He noted that real estate signs haven’t really changed very much in years, even though technology has advanced greatly.

A prototype of a real estate sign of the future!

Greg, my friend, said “wouldn’t it be cool to get a monitor on the curb so interested people could see a photo slide-show and even possibly virtual tours?”  I said, “yeah, that would be slick!” 

Greg brainstormed it a bit and came back to me with some drawings and a concept.  I agreed to fund the construction of a prototype. 

Greg built the sign in the photo and I have the sign planted at my listing on 4100 Caravelle Drive.  Not only is sign very attractive on the front of the house, it also has more benefits!

Look up at the top, see the angle piece?  It is a solar panel.  It charges a battery located in the base of the sign.  See the monitor?  Currently it is a slide-show of photographs from the backside of the home and interesting features inside the home. 

Right now Greg is monitoring the battery life to see if the solar panel produces enough energy to keep the battery charged, which keeps the 10 x 10 monitor working. 

Future plans include virtual tours on the screen.  The technology exists to link the sign to a lender or even to the realtor.  Stay tuned for future updates on the “high tech” real estate for sale sign!

July 9, 2010

Lake Front Home in Anchorage Alaska!

I just listed a great home on Sand Lake in west Anchorage! 

The view from the kitchen towards Sand Lake

There are many lakes in Alaska, but not many in Anchorage.  One lake that is well known is called Campbell Lake.  Campbell Lake is a man-made lake where engineers restricted Campbell Creek and made a wide lake which is popular with owners of float plans.

Sand Lake is a natural lake, and most people agree has a different personality than Campbell Lake.

I just listed 4100 Campbell Lake.  The home is 4,300 square feet on three levels.  The lot is rectangular and fully usable.  The home boasts a “wall of windows” with a mesmerizing view south and west.  This home doesn’t look across the lake into other home looking back at it, like you see at Campbell Lake.  The north side of Sand Lake has a large marshy bank so it cannot be built upon.  This home look at trees and to the snow-capped mountains beyond!

The view of Sand Lake from the front deck

The home has a modern contemporary feel, too.  Many existing lake homes were built 30 years ago and now have very dated floor-plans and old styling, where this home is light, bright and updated!

Just sitting on the large deck is a very peaceful experiance.  You hear the loons calling out and see the ducks flying by!  Check out the virtual tours here.

July 5, 2010

Home Staging – Virtually!

Here’s a new twist on an old concept. Part of selling is properly staging a home so that it looks appealing and the space shows well.

The "before" photo of the vacant formal dining room

There are professionals who will come to your house and make recommendations and even rent furnishings to help a property show better and generally results in faster sales.

A new service has been introduced to real estate professional recently.  It is called virtual home staging.  Basically, we provide photographs of vacant rooms to the service and they add “digital furniture” to the empty rooms.

According to statistics compiled by National Association of Realtors, over 90% of the time, home buyers have viewed the home they ultimately purchased online before they physically veiwed the property.  This means that a buyers eye may stay on the photograph longer and increase the home’s visual appeal, hopefully resulting in the buyer asking to view the property.

A "virtually staged" room

Virtual furniture enhances a vacant room greatly!

Of course when the buyer shows up at the property, the rooms will be vacant.  There has been some discussion about whether or not this is a disclosure item, but most feel it’s not any different than when we take photo’s of the home prior to the seller moving out of the house.

Personally, I think it is very attractive!  What do you think?

Copyright 2010 Dan Wolf, Realtor
All rights reserved.

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