By Amwolf Jung. Home Decoration. Published at Friday, April 19th, 2019 - 07:52:50 AM.
Early on, Mangas saw an opportunity to engage with the wider modern architecture community by featuring other professionals prominently in his listing marketing. He features the architects who designed his listings and makes sure to always display photo credits for photographers, whose work elegantly captures the beauty of modern architecture. “I try to support the whole team that helped put such a unique product on the market. And that helps support me in the long run.” Mangas also helps connect consumers with this professional community. Every year, he puts together a modern home tour, generally featuring contemporary homes that are not on the market. He invites the architect and others involved in the homes story to the events, which helps draw significant crowds. Though these tours cost $40 to $60 to attend, Mangas says hell get 300 to 500 visitors in a day.
On the flip side, there are plenty of buyers who will avoid a listing without a garage, even if the location, price, and everything else about the house meets their approval. “They think, ‘Uh oh, no garage and move it to the bottom or off their list,” says Libbe Pavony, a real estate salesperson with Houlihan Lawrence in suburban Briarcliff Manor, N.Y. Real estate salesperson Steve Kempton with RE/MAX Community in Williamstown, N.J., is still looking for a buyer for a house he listed more than 70 days ago that has a garage that was converted to a recreation room. “Its hard even to get buyers in. But theres not much we can do since the seller feels the garage is an improvement rather than deterrent and doesnt want to convert it back,” he says.
When you think of sleek, modern homes, the traditionalist Washington, D.C., area is not the first place that typically comes to mind. Colonials and Greek revivalism seem to populate every other block, which gives Ron Mangas Jr.s focus on contemporary homes a kind of rarefied status. Mangass four-person team, The Contemporary Listings Group at TTR Sothebys International Realty in McLean, Va., closed nearly $39 million in total dollar volume in 2017; 87 percent of the 15 listings they sold were modern, and 77 percent of the 21 buyers they assisted bought modern properties. Mangas usually refers deals that stray outside the modern style to one of the two other associates on his team. But all their marketing dollars go toward attracting buyers and sellers who are interested in this niche.
Emphasize other, non-vehicular storage options. Many buyers put almost as much stock in a garage for storing possessions as they do for parking their cars. If a sellers home doesnt have a garage, ask what other storage exists within the house—in a basement, attic, or closets—and tout these in your marketing. For houses that dont have impressive storage options, you may want to research nearby off-site storage facilities. Converting back. The price to return a garage to its original status will depend on its size and quality, how elaborate its become, and the areas labor costs. For downtown Albuquerques smaller garages, Beecher estimates a cost of $3. But in more expensive markets such as Chicago, the cost could run 20 times that. “Youd have to gut the room, remove any overlaid floor structure to get back to the concrete, and reframe the front wall to accommodate a new overhead garage door,” says Klein. For buyers—and even some sellers reluctant to “undo” finished interior square footage—Roach suggests a compromise: Convert half the garage for a single car and leave the rest for residential use.
Any content, trademark’s, or other material that might be found on the Mnresponsiblerec website that is not Mnresponsiblerec’s property remains the copyright of its respective owner/s. In no way does Mnresponsiblerec claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.