Our Blog October 13, 2014

Cheap and Easy Ways to Make Your Home Sell Faster

I think every home owner will agree that when it comes to selling your house, the faster the better. Not everyone is up for a major renovation – and in most cases you don’t really need to. We thought we’d help out with a few suggestions that make your home more sellable without putting a huge dent in your wallet or you weekend.

1.       This one is pretty obvious, but having a spotless home is a must. Especially in the kitchen and bathrooms – don’t leave towels lying around, put dishes away, and wipe down countertops. Take a few extra minutes to make sure everything is vacuumed, dusted and neat. No one feels comfortable in someone else’s dirty space, and if they’re not comfortable they aren’t going to buy – even if the home meets all their criteria. It also speaks to differed maintenance even if there isn’t any to be done.

2.       This one goes along with #1 and is arguably just as important: Remove unpleasant odors. Pay particular attention to pet odors and remember that, because you live there, you may have become immune to your home’s smell. Leave for a while and come back or ask a friend to smell objectively. To prevent nasty smells, air out your home for a ½ hour before showings when possible or microwave a small dish of vanilla twenty minutes before a showing and place it in an out-of-the-way place.

3.       De-clutter. After living in one space for a long time, your things tend to expand to fill the space. Buyers though, are looking for the most usable square footage possible. To show off all the space your home offers, eliminate your extra things. Error on the side of taking too much away rather than leaving too many things.  Go through your house and think about an upscale hotel, with just enough decorative accents to feel homey but still look neat and show off the amount of space. Put everything else in storage for later. This goes for furniture as well – store extra furniture to create a good traffic flow throughout the home. Closets are a good candidate for clearing out too – closet space is coveted, especially in older houses so if your things barely fit buyers will expect theirs won’t fit either.

4.       De-personalize. This is a part of the de-cluttering process and the goal here is to allow the buyer to imagine themselves in the space and not see it as your family’s space. Buyers can also get distracted from the features of your home by studying and commenting on family pictures, collectables, or religious relics. Replace photos and other personal decorations with neutral ones that will appeal to most and offend few.  Don’t forget the refrigerator and bedrooms!

5.       Paint interior walls a neutral color and fill any nail holes and other mishaps. This will brighten your home and make it look bigger. It also appeals to the most buyers and they won’t see it as a project they’ll have to tackle if they buy a house with – say a red living room or a hot pink bedroom.

6.       In the bathrooms: replace any broken tiles and re-caulk the tub if it’s not sparkling white. Bathrooms need to be perfectly clean. Buyers can be very sensitive to this area in particular and any defects can leave them wondering what is wrong underneath that broken tile or greenish caulking.

7.       Get as much light in as you can. Wash your windows inside and out. Clean your light fixtures and replace dead bulbs. Create a positive mood by turning on all the lights (day or night) before a showing. Open the draperies, pull up the shades, and let in the sun!

8.       Don’t forget your outdoor space! Clean and shine all hardware and accessories – door knockers, lamps, knobs, address numbers, mail box.  Trim your shrubs and mow the yard. Sweep and de-clutter your decks/patios. Make sure the doorbell is in good working order and doors work perfectly. The front stoop is the very first impression after all.

 

Our Blog September 30, 2014

Powder Mountain Update – New Mountain Biking Trails

The Powder Mountain project is gaining some major momentum. As I type this, a bunch of new mountain biking trails are being built. Check out this video of rider Brian Lopes checking out our new project last weekend. It was awesome having him. 

Powder Mountain isn't just for winter sports anymore!

Our Blog September 24, 2014

Vail Resorts Has Purchased Park City Mountain Resort!

The purchase of PCMR involves roughly 687,000 sq ft of residential and commercially owned property owned by PowdrCorp at the resort base. It does not include the Gorgoza tubing hill just below Parleys Summit.

Vail CEO Rob Katz said he was pleased and that the sale would “bring a permanent end” to litigation between Talisker/Vail and PowdrCorp that, for months, had threatened to close PCMR this winter. That threat was put to rest Tuesday when PowdrCorp posted a $17.5 million bond to operate the resort this coming winter while it appealed a judge’s ruling that Talisker had a right to evict PCMR from the mountain for failing to renew its lease on time in 2011.

“Ending that dispute” said Vail CEO Rob Katz, will “provide assurance to the guests and employees for PCMR – and to anyone in the Park City community – that they no longer have to worry about any disruption to the operation of the resort.”

John Cumming (CEO PowdrCorp) said “selling was the last thing we wanted to do, and while we believe the law around this issue should be changed, a protracted legal battle is not in line with the core value to be good stewards of the resort communities in which we operate. “  He added that “a sale was the only way to provide long-term certainty for PCMR employees and the Park City community. My family and I are extremely grateful to have had the opportunity to play a role in making PCMR what it is today, and we deeply appreciate the dedicated employees and all of the people who have supported us over the years.”

The agreement, Cumming said, requires Vail Resorts to retain PCMR employees in their current roles.

Beginning in the summer of 2016, Vail Resorts plans to build lifts to connect Canyons resort to PCMR. Together, the resorts will cover more than 7,000 acres of skiable terrain. Vail CEO Rob Katz said Wednesday that “[We] will be looking to upgrade or add new lifts, restaurants, and snowmaking capabilities at both resorts.”

More details about the consolidation will be disclosed in March, so we’ll all have to wait until then to hear what else this consolidation means for us.

 

Salt Lake and Davis County Market Stats September 19, 2014

July 2014 Stats