Chic vs. Geek: Holiday Listings

With Thanksgiving this week and Hanukkah starting Sunday night, we’ve got a few tips for listing your home during the holidays!

CHIC (PEARL)

The first thing holiday sellers should know is that winter buyers aren’t messing around. They are ready to buy and will make offers based on need rather than want. For example, someone moving due to a job transfer or other professional opportunity will be more motivated to secure a new home right away.

GEEK (KEVIN)

Don’t forget about end-of-year tax breaks! Buyers can deduct the mortgage interest, property taxes, and interest costs of their home loan if the sale closes on or before December 31. Bottom line: If you have someone interested in your home during the holidays, it's a good idea to take them seriously.

Chic vs. Geek: Designing Happy

These days, we're spending more time in our homes. Here’s how you can use interior design elements to elevate your happiness.

CHIC (PEARL)

For me, a happy home is a comforting home. That’s why I prefer to keep things cozy with soft elements like plush pillows and fuzzy blankets that invite you to relax. Calming colors can also help to amplify the tranquility of your space. Speaking of space, your living room is typically the top spot for unwinding and the room where the most happy is needed. Lean in to relaxation by decorating your living room with items that make you happy, such as family photos, favorite books, or cherished mementos.

GEEK (KEVIN)

Nothing gets in the way of my pursuit of happiness like clutter. It adds unnecessary stress to your life, so it makes sense that organization would be a key component of a happy home. If you’re the type that can’t help but collect a lot of clutter, I suggest incorporating a lot of closed storage elements to help you easily hide it from the world. Speaking of the world, the happiest homes are often styled in the vibe of popular locales and terrain like rustic, mediterranean, and mountain regions.

Chic vs. Geek: Are home inspections worth it?

In a hot real estate market, competition forces buyers to bid on homes without having them fully inspected. But can you trust a seller’s inspection report?

CHIC (PEARL)

We see a lot of buyers around the Bay Area waiving a home inspection to make their offer more enticing to the seller. This is a huge risk, not only because the home could have serious problems lurking under the surface, but because the buyer could end up footing the bill for their own pre-inspection to “do the due diligence” – and still not end up winning the bidding war. In my opinion, it’s worth the risk to have some peace of mind and get an inspection done first — even if you miss out on a property.

GEEK (KEVIN)

A home seller’s goal should always be to get the highest price possible as quickly as possible. A buyer’s goal should be to get the lowest price possible and make sure they’re not buying a lemon. In this perpetual tug-of-war, there’s really no way the buyer can 100% trust what the seller says about the home, even if they provide their own inspection report. But it’s important to remember that the same applies for the seller if the buyer comes in with a low offer based on their own pre-inspection.

Number Talk: Confluence of Economic Indicators

The three charts below show how real estate market cycles generally move in sync with other economic indicators such as financial markets, employment, and consumer confidence.

It’s important to note that these data points end in 2019 and don’t reflect the crazed volatility created by the global pandemic. As we’ve all seen, the housing market has experienced a complete rebound, but some economic sectors are still struggling to recover.

Chic vs. Geek: Finding a diamond in the rough

Like a good realtor, a reliable contractor can be hard to find, and the wrong choice can lead to wasted time, money, and energy.

CHIC (PEARL)

Word of mouth used to be the best way to find a good contractor. These days, between Nextdoor and Facebook and Angi, it’s hard to know who to trust. That’s why we’re happy to offer our own recommendations for plumbers, electricians, gardeners, and more who do great work. And we won’t suggest anyone we haven’t worked with ourselves!

GEEK (KEVIN)

A bad contractor can blow your budget, but anyone who’s been through a home renovation will tell you it’s an emotional roller coaster as much as a financial one. The more a project drags on, the less patience you’ll have left for the people in your life who matter. If you want a happy home, make sure you check all of the boxes above.