One-Room Design Giveaway!

ONE-ROOM DESIGN GIVEAWAY!

Free Buyer Consultation + Design Consultation = Win-Win

Receive a 1-hour design consultation  + custom mood board by Interior Designer PJ Mehaffey of Alchemy Eclectic! PJ will visit one room of your choice in your Brooklyn or Manhattan home (hopefully your new home!) to discuss your needs, wishes, goals and glam desires, and then create a custom mood board with style and product recommendations so you can create the room of your dreams! Winner will be chosen by random drawing and announced via Instagram on October 2, 2018. No purchase necessary. Please see all the boring (but very official) giveaway rules below.

Two ways to win your Design Consultation:

1) Meet me for your free NYC buyer consultation before September 30, 2018. I’ll give you all the behind-the-scenes NYC real estate tips and make sure you’re prepared for a successful buying process! Schedule your buyer consultation HERE.

2) Refer a NYC buyer or seller friend! I love my buyers and sellers. Your referrals mean a lot – thank you! Send this link to a friend today!

Erica Keberle_Brooklyn Real Estate Agent_Brooklyn Condos

OFFICIAL RULES
NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN. PURCHASE DOES NOT INCREASE CHANCES OF WINNING. VOID WHERE PROHIBITED OR OTHERWISE RESTRICTED. ODDS OF WINNING DEPEND ON THE NUMBER OF ENTRIES RECEIVED.
Erica Keberle (“Sponsor”) is running the One-Room Design Consultation Giveaway (“Sweepstakes”). The Sweepstakes related to my sponsorship is governed by these official rules (“Official Rules”). By participating in the Sweepstakes, each entrant agrees to abide by these Official Rules, including all eligibility requirements, and understands that the results of the Sweepstakes, as determined by Sponsor and its agents, are final in all respects. The Sweepstakes is void where prohibited by law.
ELIGIBILITY
The Sweepstakes is open to anyone currently residing in the US who is 21 years of age or older by August 4, 2018 where not prohibited by law. Sponsor has the right to verify the eligibility of each entrant.
SWEEPSTAKES PERIOD
The Sweepstakes start date is August 4, 2018 and ending date is September 30, 2018. All entries (submissions) must be received on or before the conclusion of the Sweepstakes Period. Sponsor reserves the right to extend or shorten the Sweepstakes at their sole discretion.
HOW TO ENTER
You can enter the Sweepstakes in one of two ways:
1) Meet Erica Keberle for your free buyer’s consultation before September 30, 2018. Buyer’s consultations are for buyers seeking to purchase residential property in New York City, NY only.
2) You can refer a buyer or seller to Erica Keberle for services related to buying or selling residential property in New York City, NY.
After completing one of either of the above actions, your name will be entered into a drawing. Completing multiple buyer’s consultations does not qualify you for multiple entries. You may make multiple legitimate referrals to be entered multiple times (one entry for each referral).
WINNER SELECTION
Winners will be chosen by random drawing by the Sponsor from all eligible entries at the end of the Sweepstakes Period. The random selection process run by the Sponsor is final. The winner will be announced via Instagram on October 2, 2018. Announcement and instructions for prize will be sent to the e-mail address supplied to the Sponsor. Each entrant is responsible for monitoring his/her e-mail account for prize notification and receipt or other communications related to this Sweepstakes. If a potential prize winner cannot be reached by the Sweepstakes’s administrator (or Sponsor) within fifteen (15) days, using the contact information provided at the time of entry, or if the prize is returned as undeliverable, that potential prize winner shall forfeit the prize. Prizes may not be awarded if an insufficient number of eligible entries are received.
PRIZES
One-hour on-site design consultation for one room in your Brooklyn or Manhattan home with Interior Designer PJ Mehaffey of Alchemy Eclectic. One mood board by PJ Mehaffey with style and product recommendations. You must complete your on-site Design Consultation before February 28, 2019 or otherwise forfeit your prize. Design Consultation provides product recommendations only, and not the actual products. Design Consultation and mood board is for one room in your Brooklyn or Manhattan home only. PJ Mehaffey will select number and type of furnishings at his sole discretion, not limited to furniture, wallpaper, accessories, etc., and his selections do not warrant a guarantee that items are actually available/in stock in marketplace for purchase by you if you chose to purchase once mood board is presented. Any purchases/deliveries/installations of recommended items from mood board are the sole responsibility of client and PJ Mehaffey cannot be held liable or responsible for said purchases.
Design Consultation Giveaway – Prize for each of one (1) winner is one (1) prize.
ADDITIONAL LIMITATIONS
Prizes are non-transferable. No substitution or cash equivalent of prizes is permitted.
DISPUTES
All disputes arising from or relating to the Sweepstakes shall be submitted exclusively to the jurisdiction of the state and federal courts located in New York County in the State of New York, and each entrant hereby irrevocably consents to the jurisdiction of such courts and waives all objections thereto. Each entrant hereby irrevocably waives any and all right to trial by jury in any legal proceeding in connection with the Sweepstakes, the Official Rules & Regulations and any and all further transactions contemplated hereby. Except where prohibited, each entrant agrees that any and all disputes which cannot be resolved between or among the parties and any claims or causes of action arising out of or connected with this Sweepstakes, any prize awarded, or the determination of the winner shall be resolved individually, without resort to any form of class action. Any and all disputes that arise relating to the Sweepstakes must be filed within one (1) year from the date that the winner(s) is announced.
INDEMNIFICATION AND LIMITATION OF LIABILITY
BY ENTERING THE SWEEPSTAKES, EACH ENTRANT AGREES TO INDEMNIFY, RELEASE AND HOLD HARMLESS SPONSOR AND PJ MEHAFFEY AND THEIR RESPECTIVE REPRESENTATIVES AND AGENTS FROM ANY LIABILITY, DAMAGES, LOSSES OR INJURY RESULTING IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, FROM THAT ENTRANT’S PARTICIPATION IN THE SWEEPSTAKES AND THE ACCEPTANCE, USE OR MISUSE OF ANY PRIZE THAT MAY BE WON. SPONSOR AND PJ MEHAFFEY DO NOT MAKE ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO THE CONDITION, FITNESS OR MERCHANTABILITY OF THE PRIZE.
PUBLICITY
By participating, the winning entrant grants Sponsor permission to use his/her name, likeness or comments for publicity purposes without payment of additional consideration, except where prohibited by law.

Brooklyn Real Estate Outlook: Summer 2018

The first half of the 2018 real estate season is over and the numbers are in.

Erica Keberle_Brooklyn Real Estate Agent_Brooklyn Condos

Inventory is High
– Brooklyn inventory reached an all-time high.
– Manhattan inventory reached the highest level since 2011.
Sales prices started to Cool…slightly
– Overall Brooklyn prices stagnated….however…
– The Brooklyn townhouse market remains strong up to $4M.
– Desirable Brooklyn properties are still commanding multiple offers.
– Manhattan prices dropped 3% since last year.
– Queens was the only borough where prices increased.
Rental Prices are Up
– Brooklyn and Manhattan rentals reached an all-time high.

What This Means For My Buyers

Shop Around this Fall: After a typical mid-summer lull, StreetEasy predicts a large new wave of listings which will increase options for buyers.
Be Prepared: Despite high inventory we are still seeing competition among well priced, highly desirable and/or well marketed properties. Work with your Buyer’s Agent (that’s me!) to make sure you’re prepared to close a deal when you find your dream home. Prepared buyers could find they have more negotiating power as motivated sellers get nervous about moving property.
Don’t Wait TOO Long: Although it might be tempting to wait and see if the prices drop even lower, the NYC market is complicated and the buying process is deeply emotional. Now is the time to lock in the lowest interest rate to stretch your dollar as far as possible. If you have a FICO score of 720 or more and can afford a downpayment of 30% or more, you will qualify for the very best rates available. You are already starting to have a bit more leverage, particularly with listings that have been sitting on the market for more than a few weeks, which is the peak time frame during which bidding wars are most likely to occur.
If you’re serious about finding a home, take advantage of this buyer’s market NOW and realize the benefits of long-term investment in NYC’s real estate market. Find a space where you can live comfortably for 5-7 years so that you have more control over when you sell. Given historic Brownstone Brooklyn area trends, you are likely to reap a profit on your investment.

What This Means For My Sellers

Time it Right: If you are looking to market your home, list sooner rather than later (and as soon as possible after September 1st). Appreciation rates have slowed. Compounded with rising interest rates, new tax laws, global uncertainty, and stock market fluctuations, we are starting to see a leveling of the market overall. Most buyers are bidding more conservatively, and some are postponing their search, which can lead to a surplus of inventory, putting you in a position to compete for buyers’ interest. There are still plenty of motivating factors for buyers to make a move, and the market remains active with buyers seeking to expand their families, explore new job opportunities, upgrade their lifestyle, downsize, and more.
Price Wisely: Brooklyn homes are spending more time on the market at a median 53 days. Pricing is always critical, but becomes even trickier in a transitioning market. You don’t want your listing to go “stale” and face multiple price cuts, so evaluate your selling goals and active competition, and price accordingly. I can help you analyze comparable sales data and advise you candidly about market trends, including the optimal price and time in which to list your property, and any upgrades that will help facilitate your sale.
Look Better than Your Competition: Stylish staging, gorgeous photos, and targeted marketing is even more critical in a buyer’s market to ensure your property stands out as a highly desirable property, even for the pickiest buyers. Make sure to highlight your home’s best features and mitigate issues that might give buyers a reason to move on.

Erica Keberle | Brooklyn Real Estate Agent

Determining the “right” price for selling or purchasing a home is part analytics and largely a matter of experience; it’s more an art than a science. If you’re feeling puzzled about your right price or how to make your home look amazing for a sale, use the below form to contact me. Pricing and staging consultations are always on the house (pun intended)!

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