Quick and Easy Ways to Make Your New Luxury House Feel Like Home

Moving into a new luxury house is an exciting change, brimming with potential and the promise of a fresh start. The spacious rooms, high-end finishes, and exquisite materials set the stage for a lavish living experience. Sometimes, all of that grandeur can initially feel somewhat impersonal and devoid of warmth. Creating a cozy house is a process that requires infusing your touch of warmth and personality into the space. This transformation fosters a sense of belonging and connection within your living space. This blog will explore plenty of quick and easy ways to make your new luxury house feel like home.

Make Your New Luxury House Feel Like Home: Personalizing Your Space

A home is a sanctuary, a personal retreat that should reflect your unique tastes and preferences. As you settle into your new house, adding personal touches becomes crucial in transforming it into a warm, inviting place. As a result, display cherished family photos, meaningful artwork, and souvenirs from your travels. Consider elegant frames that complement the rich aesthetic of your new space.

In addition to personal items, invest in high-quality, comfortable furniture that reflects your style. These pieces should not only add to the luxury of your property but also contribute to its overall warmth and welcoming atmosphere.

Invest in high-quality, comfortable furniture that is a reflection of your personal design taste

Incorporating Texture and Color

The tactile and visual elements of texture and color play vital roles in shaping the atmosphere of a luxury house. Introducing a variety of textures through plush cushions and velvety curtains adds a layer of warmth to your living spaces. These elements enhance the aesthetic appeal and contribute to the overall sense of comfort and luxury.

When it comes to color, strategically infuse your favorite hues through artwork, decor pieces, and furnishings. Opt for a harmonious blend, juxtaposing bold and vibrant colors with subtle and neutral tones. This thoughtful integration of color and texture personalizes your space and enhances the grandeur of your home.

Creating Ambient Lighting

The lighting in a room plays a crucial role in setting the mood and ambiance. It is an integral part of creating a cozy and inviting home. Combining ambient, task, and accent lighting can achieve a layered effect. This way, every corner of your room is well-lit and inviting. In a luxury house, choosing statement light fixtures can serve as both a source of illumination and a stunning decor piece, contributing to the overall aesthetic. When selecting these fixtures, aim for designs that reflect you and your taste.

Lighting is a great way to add warmth to your home and create ambiance

Prioritizing Comfort and Well-being

In the sanctuary of your new house, prioritizing comfort and well-being is essential for creating a truly inviting and restful environment. High-quality bedding is a worthwhile investment, transforming your bedroom into a place of comfort and a rejuvenating night’s sleep. The luxurious feel of fine linens and plush pillows adds an extra layer of indulgence to your private retreat.

Beyond the bedroom, designate areas within your home specifically for relaxation and tranquility. Whether it’s a reading nook filled with soft cushions and warm throws or a serene meditation space, these spaces provide a personal escape from the demands of everyday life. Fill these areas with items that soothe the senses, such as soft lighting, comforting textures, and tranquil artwork.

Incorporating Greenery and Nature

Bringing elements of nature into your home is a proven way to enhance the aesthetic and create a more inviting space. Adding some indoor plants, in particular, can add a touch of luxury while improving air quality and overall well-being.

The right indoor plants can function as a key high-end decor piece in your home’s interior

However, when choosing plants, opt for varieties that are easy to care for and have an aesthetic appearance, ensuring they contribute to the elegance of your home. Also, it is important to remember that if you move, you should take your plants with you, as they become an important part of your living space's ambiance and aesthetic. So pack your plants carefully to ensure they continue to thrive and bring their unique beauty to your new environment.

At the same time, incorporating natural materials such as wood, stone, or crystals in your decor can further enhance the connection to nature, adding an extra layer of luxury and warmth to your space.

Conclusion

Finding ways to make your new luxury house feel like home means adding personal touches, creating comfort, and infusing warmth into the space. It’s about making your living space a reflection of who you are, filled with items that have personal significance. Personal touches, luxurious textures, proper lighting, and nice indoor plants are crucial in this transformation. So, start transforming your house today and create a unique home filled with warmth, comfort, and personal touches.

2023 NYC Holiday Tipping Guide: How Much Should I Tip Building Staff?

The Holiday Season has officially kicked off. With Black Friday and Thanksgiving over, holiday decorations are going up across town. With the arrival of the Holiday Season comes the question on the mind of many - “How Much Should I Tip?”

Building staff in Residential New York City buildings have been essential to all residents throughout the evolving pandemic. Building Staff have been responsible for increased cleaning protocols, receiving and managing an exponential increase in deliveries, and checking in on vacant apartments for residents that have escaped to second homes.

We’ve adjusted our annual tipping guide to account for the continued inflation being experienced in 2023. Giving additional this year will be appreciated by workers bearing the brunt of increased prices. If you are considering giving more this year to your valued Building Staff and are concerned they will expect this amount in future years, consider stating in your note with the tip how grateful you are for all they’ve done during this challenging year to set expectations. 

Our friends at Brick Underground publish a go-to holiday tipping guide, which has been circulating since 2013. We condensed it, and put our take on what is appropriate as you budget for your holiday tipping. Remember, these are simply guidelines. There are many factors that can influence the tipping decision such as the size of the building (a larger staff equates to smaller individual tips), level of service, seniority, and time in building. Additionally, owning versus renting in a building can play a big factor as well.

Of course, if you live in a building with a part-time doorman, virtual doorman, or no staff at all, the below levels could be adjusted downward.

Renters: Tips do not have to equate to the dollar amount you are paying each month for rent. If you receive a lot of packages, have a stroller that is carried in and out of the building, etc., factor this into your tip. 

It is recommended that you tip in cash. Doorman, Concierge, Supers, etc. all of bills to pay like you and I- they are not looking for fruit cakes, cookies, or homemade gifts at the holidays!

Many buildings have organized drop off locations for your tips.

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Tipping Guidelines

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Super: $185-$235
Doorman/Concierge: $160-$210
Package Room: $85-$110 per individual*
Housekeeper: 1 Week Salary
Dog Walker: 1 Week Salary
Garage Attendant: $85-$135
Personal Trainer: $135
Personal Assistant: 1 Week Salary
Hairdresser: $90-$130

*It important to remember all the people fielding the large increase in orders you are placing and the sheer volume of orders they are now receiving, just for you alone. We are all ordering more online than ever before from clothes to groceries and meals. From Uber Eats to Amazon and every shopping destination in-between, there is no denying that we all place significantly more online orders than prior to the pandemic. We recommend tipping Package Room staff more than previous years. In most buildings it will be the package room employees, however, Doormen/Concierge are likely fielding these requests after hours.

When: Most building staff will prefer to receive their tips in early December so they can plan their own holiday spending accordingly. Tips account for a large part of building staff’s anticipated income at this time of year.

Luxury Real Estate Negotiation Tactics for Buyers and Sellers

In luxury real estate, negotiation tactics are the linchpin of successful transactions. Whether you're a buyer looking to acquire your dream property or a seller aiming to maximize your returns, understanding the intricacies of luxury real estate negotiation tactics is paramount. This is especially important if you are buying or selling in big, competitive cities such as New York or Miami. That is where we come in, a team of real estate experts with proven strategies that empower both buyers and sellers to navigate the complexities of the luxury real estate market effectively and maximize the value of their transaction.

Understanding the Luxury Market

Before we delve into the specific tactics, it's crucial to comprehend the unique dynamics of the luxury real estate market. Unlike the conventional real estate sector, luxury properties come with their own set of characteristics, clientele, and expectations. This understanding serves as the foundation for effective negotiation in this exclusive market.

Pricing Your Luxury Property

One of the foundational elements of luxury real estate negotiation tactics is determining the right price for your property. For sellers, this means finding the sweet spot that maximizes profit without deterring potential buyers. We approach pricing with a distinct strategy coupled with our extensive New York City neighborhood knowledge, understanding that each luxury property is unique.

Market Research & Pricing

Extensive research is key to understanding the current market trends and comparable sales in your area. We have access to an extensive database of transaction metrics powered by Compass, inclusive of real-time data. Armed with this knowledge, we can help inform an enticing price for your property to come to market. When conducting market research, looking beyond the obvious statistics is essential. Explore the recent sales data and the history of the area's property market.

Highlight Unique Features

Luxury properties often boast distinctive features and amenities. Emphasizing these aspects can justify a higher price and make your property more appealing to discerning buyers. We work with you to understand the intricacies of your property so we know what to highlight and where there may be hidden value. . Whether it's a state-of-the-art home automation system, breathtaking views, or a meticulously landscaped garden, we craft a story around the unique features of your home to captivate the imagination of potential buyers. It helps them envision themselves living luxuriously on your property, making them more willing to pay a premium for those exclusive features.

Building Strong Buyer-Seller Relationships

 Building positive relationships between buyers and sellers can significantly influence the negotiation process. Trust and goodwill can pave the way for more favorable outcomes on both sides of the deal.

Luxury real estate negotiation tactics include buyer-seller relationships

Effective Communication

Transparent and open communication is the cornerstone of any successful negotiation. We understand your needs and concerns and are prepared advocate for them during the negotiation process.

Professionalism

Maintaining professionalism throughout the negotiation process is non-negotiable. Treating all parties involved with respect and courtesy, irrespective of the situation, is a sign of professionalism that can go a long way in facilitating successful negotiations.

Flexibility

Negotiation often involves give and take. Our team is able to find mutually beneficial solutions that demonstrates flexibility and gets the deal across the finish line.

Negotiation Techniques for Buyers

Buyers entering luxury real estate negotiations typically have specific objectives in mind. These tactics can help buyers secure their desired properties at the most favorable prices.

Pre-Approval

Obtaining a mortgage pre-approval signals your seriousness as a buyer and positions you as a more attractive candidate in the seller's eyes. Financially secure buyers are often viewed more favorably in negotiations. A pre-approval letter from a reputable lender can expedite the closing process, giving you an edge in competitive situations. Sellers may be more willing to engage with buyers who have already secured financing, as it reduces the uncertainty surrounding the sale.

Timing is Key

Patience and strategic timing can be your allies. Bidding when the seller is motivated, such as during a slow market or when there's urgency on their part, can enhance your chances of securing a better deal. Understanding the local real estate seasonality can work to your advantage. For instance, sellers may be more flexible in areas with distinct seasons in the off-season, leading to potential cost savings. Analyzing the market's current conditions and aligning your offers accordingly can yield substantial negotiation benefits.

Leverage Information

We have access to extensive information as industry insiders which helps you in your home buying journey. Gathering insights into the seller's motivations and the property's history can give you valuable leverage during negotiations. Understanding why the seller is selling, whether due to a job relocation, downsizing, or other personal reasons, can help you tailor your offers to meet their needs. Additionally, uncovering any previous price reductions or time on the market can give you a clearer picture of the property's value and the seller's willingness to negotiate.

Negotiation Techniques for Sellers

For sellers, the primary goal of luxury real estate negotiation tactics is to maximize profit while ensuring a smooth transaction. Employing these tactics can help sellers achieve their objectives.

Staging and Presentation

Investing in professional staging goes beyond just aesthetics; it's about creating an emotional connection with potential buyers. A meticulously staged home commands a higher price and bolsters your negotiation position by making your property stand out in a competitive market. Every carefully chosen piece of furniture and well-placed decor item tells a story that can resonate with buyers, helping them envision themselves living in the space. A well-presented home can even expedite the sale process, leaving a lasting impression that buyers carry to the negotiation table.

A professional stager can do wonders for your sale

 Know Your Bottom Line

Determining your minimum acceptable price provides a clear anchor, preventing you from making impulsive decisions in the heat of negotiations that might jeopardize your profitability. Knowing your bottom line isn't just about setting a financial boundary; it's about preserving your financial interests while remaining realistic about market dynamics. Based on careful consideration of your investment, expenses, and desired returns, this figure can serve as a guiding principle, keeping you focused on your financial objectives throughout the negotiation process.

Negotiate Beyond Price

In luxury real estate negotiations, transcending the realm of price is a strategic move that can set your property apart. While price negotiation is significant, it's not the sole variable at play. By considering other factors, such as closing dates, contingencies, or the inclusion of high-end furniture and amenities in the deal, you can craft a more appealing package for potential buyers. Offering flexibility in these areas demonstrates your willingness to accommodate their unique needs and preferences, making your property more attractive.

Embarking on a Seamless Luxury Relocation

After successfully negotiating the sale or purchase of a luxury home, the next exhilarating chapter is the physical transition. Imagine moving from the vibrant shores of Miami to the bustling heart of New York City, a journey brimming with excitement and opportunities. To embark on this remarkable journey, it's wise to reach NYC with a reliable moving team by your side. Hiring interstate movers who specialize in luxury relocations can be a game-changer for the smooth and luxurious transportation of your most valuable possessions.

Conclusion

Mastering luxury real estate negotiation tactics is essential for both buyers and sellers navigating the high-end property market, and our team has a proven history of delivery results for Buyers and Sellers in all types of markets.

Top 10 Spring Cleaning Checklist Items to Prepare for Listing Your Home in the Spring Market

Spring is the perfect time to list your home on the market, as the warmer weather and longer days tend to bring out more buyers. However, before you can list your home, you need to make sure it's clean, organized, and ready to show off. In this blog post, we'll outline the top 10 spring cleaning checklist items you should do to prepare to list your home during the spring market.

Declutter and Organize

One of the most important things you can do when preparing to sell your home is to declutter and organize. We cannot stress this enough! Buyers want to see a clean and spacious home, so make sure to remove any excess items, such as old magazines, books, and clothes. This will also make your move easier when it comes time to pack.

Deep Clean

Spring is the perfect time to refresh your home with a deep cleaning. Scrub the floors, walls, and baseboards, and do not forget to clean the windows, blinds, and curtains. If you don't have time to do it yourself, consider hiring a professional cleaning service.

Repair and Replace

Walk through your home and make a list of any repairs that need to be done. This could include fixing leaky faucets, replacing broken tiles, and patching holes in the walls. Also, consider replacing any outdated fixtures or appliances, such as light fixtures or kitchen appliances.

Paint

A fresh coat of paint can do wonders for a home, and it is a relatively inexpensive way to update the look of your home. Stick to neutral colors, such as beige or light gray, as they appeal to a wider range of buyers.

Enhance Curb Appeal

The outside of your home is the first thing buyers will see, so it's important to make a good impression. Make sure your lawn is mowed, trim any overgrown bushes, and add some colorful flowers to the front of your home. Also, consider power washing the exterior of your home to remove any dirt or grime.

First impressions are important when listing your home, and curb appeal is important for both listing photography and when prospective Buyers arrive

Clean Carpets and Floors

Dirty carpets and floors can be a major turnoff to buyers. Consider renting a carpet cleaner or hiring a professional service to deep clean your carpets. If your floors are looking dull, consider refinishing or replacing them.

Stage Your Home

Staging your home can make a big difference in how it looks to potential buyers. Remove any personal items, such as family photos, and add some neutral decor, such as throw pillows and vases. Also, make sure each room has a clear purpose and is arranged in a way that makes sense.

Buyers can have a hard time envisioning themselves in a home if all the rooms are empty. Staging brings the property to life in a relatable way.

Staging your home helps Buyers visualize the various rooms of the house

Check the Lighting

Good lighting can make a home feel warm and welcoming. Make sure all of your light fixtures are working, and consider adding some additional lighting to darker rooms. Also, consider replacing any outdated or unattractive fixtures.

Check the HVAC System

Buyers want to know that the HVAC system is in good working order, so make sure to have it checked by a professional. Also, replace any dirty air filters and consider adding some air fresheners to keep your home smelling fresh.

Get a Home Inspection

Before you list your home, consider getting a home inspection. This will give you a better idea of any repairs that need to be done, and can also help you price your home correctly.

In conclusion, preparing to sell your home in the spring market takes some work, but it's worth it to get your home in top condition.

One of the benefits of partnering with The Victoria Shtainer Team is the comprehensive, exclusive program we are able to offer our Sellers – Compass Concierge. If the above list sounds daunting, Compass Concierge helps take the burden off your shoulders without the need to front money for repairs needed to get the most value out of bringing your home to market.

By following these 10 spring cleaning checklist items, you'll be well on your way to listing your home and getting it sold quickly.

2022 Holiday Tipping Guide

The Holiday Season has officially kicked off. With Black Friday and Thanksgiving over, holiday decorations are going up across town. With the arrival of the Holiday Season comes the question on the mind of many - “How Much Should I Tip?”

Building staff in Residential New York City buildings have been essential to all residents throughout the evolving pandemic. Building Staff have been responsible for increased cleaning protocols, receiving and managing an exponential increase in deliveries, and checking in on vacant apartments for residents that have escaped to second homes.

We’ve adjusted our annual tipping guide to account for the inflation being experienced in 2022. Giving additional this year will be appreciated by workers bearing the brunt of increased prices. If you are considering giving more this year to your valued Building Staff and are concerned they will expect this amount in future years, consider stating in your note with the tip how grateful you are for all they’ve done during this challenging year to set expectations. 

Our friends at Brick Underground publish a go-to holiday tipping guide, which has been circulating since 2013. We condensed it, and put our take on what is appropriate as you budget for your holiday tipping. Remember, these are simply guidelines. There are many factors that can influence the tipping decision such as the size of the building (a larger staff equates to smaller individual tips), level of service, seniority, and time in building. Additionally, owning versus renting in a building can play a big factor as well.

Of course, if you live in a building with a part-time doorman, virtual doorman, or no staff at all, the below levels could be adjusted downward.

Renters: Tips do not have to equate to the dollar amount you are paying each month for rent. If you receive a lot of packages, have a stroller that is carried in and out of the building, etc., factor this into your tip. 

It is recommended that you tip in cash. Doorman, Concierge, Supers, etc. all of bills to pay like you and I- they are not looking for fruit cakes, cookies, or homemade gifts at the holidays!

Many buildings have organized drop off locations for your tips so you can safely give to your Building Staff rather than direct contact due to public health guidelines.

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Tipping Guidelines

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Super: $175-$225
Doorman/Concierge: $150-$200
Package Room: $75-$100 per individual*
Housekeeper: 1 Week Salary
Dog Walker: 1 Week Salary
Garage Attendant: $75-$125
Personal Trainer: $125
Personal Assistant: 1 Week Salary
Hairdresser: $80-$120

*In the post-pandemic world, it is important to remember all the people fielding the large increase in orders you are placing and the sheer volume of orders they are now receiving, just for you alone. From Uber Eats to Amazon and every shopping destination in-between, there is no denying that we all place significantly more online orders than prior to the pandemic. We recommend tipping Package Room staff more than previous years. In most buildings it will be the package room employees, however, Doormen/Concierge are likely fielding these requests after hours.

When: Most building staff will prefer to receive their tips in early December so they can plan their own holiday spending accordingly. Tips account for a large part of building staff’s anticipated income at this time of year.

This guide was presented in 2018 and has been re-shared to include updated information, most recently from 2021

How to Pet-Proof Your New Manhattan Apartment

How to Pet-Proof Your New Manhattan Apartment?

Finding an apartment in a pet-friendly building in Manhattan can be challenging. So, if you managed to find one, you are lucky. Whether you own or rent, protecting your home from damage is important, and this includes damage caused by your furry family member. That is important because any damage can reduce property value or cause you to lose your deposit. Here are some tips on how to pet-proof your new Manhattan apartment.

Tips on how to pet-proof your new Manhattan apartment

Anyone that has had a puppy or kitten knows that pets are very similar to toddlers. They are very curious and love to explore any new place. Unfortunately, just like toddlers, they can also be unintentionally destructive. It is natural to scratch all surfaces and chew on various items. Not to mention that pets can also be pretty clumsy, like toddlers. A dog might accidentally break things with its tail, while a cat might break something while jumping on furnishings. At the same time, they can also get injured in the process. So, here are some tips on how to pet-proof your new Manhattan apartment.

Choose the right flooring

If you own a pet, flooring is the first thing you should address in your new Manhattan apartment. You need floors that won't scratch, stain or retain odors, so you must analyze your options and decide which would work best. Here are some of your best options:

●      Laminate floors are one of the best solutions for pet owners because they are easy to clean and water resistant. Plus, even if they scratch, it’s not that noticeable. However, they can become slippery when wet, which can be uncomfortable and dangerous for your pets. Therefore, make sure you keep them dry while your pet is around.

●      Vinyl floors are efficient since they can withstand clawing and are easy to clean. Furthermore, one of the best parts about this material is its quietness. That means it will reduce clawing and jumping noises. But once again, you must keep them dry. Otherwise, they can lift and produce mildew.

●      Carpets are a great solution, particularly for tenants. Since you cannot redo the entire flooring in your rented apartment, you can at least protect it. One of the most significant advantages of carpets is that they are much more comfortable for you and your pet. However, the downside is that they quickly absorb fluids, thus retaining odors and staining.

●      You can invest in a waterproof carpet if you’re worried about frequent peeing incidents. Of course, this is not as soft and comfy as a traditional carpet, but it’s practical in cases like this.

Carpets help protect your floors and are more comfortable for your pet and yourself.

Pet-proof your furniture

Both cats and dogs love sofas and comfy chairs. The problem is that they cover them in pet hair and sometimes even potty stains. Not to mention that cats enjoy scratching your furniture. So, how can you protect your furnishings? Firstly, make sure that you groom and brush your pets regularly. Do not forget to trim their nails as well. Secondly, use lots of washable blankets and slipcovers. Thirdly, spread lots of scratching posts or chew toys around the house to provide an alternative for your pets.

Remove fragile items from your new Manhattan apartment

If you have valuable and fragile furnishings and home accessories, removing them from your apartment might be the best option. Because accidents happen, no matter how many safety precautions you take. So, you should consider renting some storage to ensure the safety of your belonging. Plus, you never have enough storage space when you live in an apartment. So, if your home is getting smaller by the day and you can never find what you need, that’s a clear sign that you need some extra storage.

Protect your pets from electricity

Electrical wires and cables are hazardous. On the one hand, they represent a tripping hazard for your pets. Because, just like toddlers, when pets get excited, they don’t pay attention to these things. On the other hand, they love chewing on and playing with everything that isn’t a toy, so they risk getting electrocuted. Therefore, you should use floor cord covers or hide wires and cables behind baseboards.

Hide or remove anything that might be toxic

We all love decorating our apartments with plants because they brighten up the place, look great, and can increase oxygen levels. However, our furry friends also enjoy chewing on them. The problem is that many indoor plants are toxic for pets. So, you should do some thorough research before buying plants. Of course, if you have a dog, you can also solve this problem by positioning the plants out of reach. Unfortunately, this doesn’t work for cats since they are good climbers.

Make sure you decorate your new Manhattan apartment with indoor plants that are not toxic for pets.

Moreover, it’s not just plants that you have to worry about. Cleaning products are just as toxic for animals as they are for humans. So, you should keep them under lock and key. Furthermore, you should hide away food as well. Anything left out in the open can become a target for your pets. And it’s not just that they will gain some weight, but some human food can harm pets. Therefore, if your Manhattan apartment has ample storage space, you should use it.

Conclusion

As you’ve seen, pet-proofing isn’t all that different from child-proofing.  When it comes to how to pet-proof your new Manhattan apartment, you have to consider the safety of your pet and your belongings. However, be advised that no matter how many safety measures you take, accidents can still occur.

6 Ways to Prepare for a Competitive Home-Buying Season in NYC

In general, the home buying market in New York City can be highly competitive. This is due to the high demand and low supply of properties. And when it comes to luxury real estate, things are no different. Moreover, high-end homes are unique, so they are highly sought after, just like any rare item. It's also important to note that, according to the experts, 2022 will see a rise in both real estate prices and investments. So, here are six ways to prepare for a competitive home-buying season in NYC.

Check your finances

As we all know, buying a home is never cheap. It is particularly so when you're looking for luxury real estate in New York City. Therefore, before you start visiting open houses, you must determine your budget limit.

• Analyze your finances carefully to see what you can afford and how much you’re willing to invest. Take into consideration your savings, income, and expenses.

• It would be best if you also took into account potential additional costs. For example, you might be keen on old architecture, but you have to consider the costs of renovation.

• If you're not ready to invest so much money at once, you can consider mortgages. And in this case, it’s essential to get a pre-approval. This way, you’ll know exactly how much money you can get.

• It's also advisable to look at some of the prices on the luxury real estate market. This way, you’ll know what to expect.

To prepare for a competitive home-buying season in NYC, you first must determine your budget limit.

Prepare for a competitive home-buying season in NYC by hiring the best Agent to Represent You

If you're not a professional realtor, you'll need help tackling the competitive home-buying market in NYC. Real estate professionals can offer you advice and help you find your dream home. Due to their experience and access, an agent can filter the market for your preferences and set up showings for you.

Moreover, it’s good to know that luxury properties are not always publicly put up for sale. And you only hear about some of them through word of mouth. Therefore, having a well-connected team of real estate professionals is essential. So, choose wisely if you don’t want to miss out on your dream home.

While researching professionals, it's also good to look at moving companies. Buying a home might take some time, but it's good to be ready. The professionals at Roadway Moving advise that if you leave it for the last moment, you won’t be able to find the best services and offers. So, do some market research for this as well.

Put together a team of real estate professionals to help in this process.

Determine what you want

Once you've determined your budget and found the right team of professionals, you have to figure out what you want. And don't just say a mansion or a penthouse. You have to be specific. Otherwise, not even the best team of realtors will be able to find the right home for you.

What’s important here is to understand what luxury real estate means for you. Is it the size of the house or the location? The high-quality materials that were used to build it? Or is it the specific amenities? Your definition of a high-end property can even combine all of these aspects. But in any case, you have to put it all down on paper and sleep on it. Don't make rash decisions. After all, this is a significant investment, so it has to be a good fit.

Choose the right location

Before you start your house hunt, it’s good to narrow down the location. Each of the five boroughs of NYC indeed has its unique features. Nevertheless, you have to find the perfect place for you. To do this, you should first explore on your own. Visit each borough to get an idea about the landscape, the community, the social life, the schools, etc. Afterward, consult with your team of real estate professionals. Their experience and inside knowledge can help you make an informed decision.

To prepare for a competitive home-buying season in NYC, you should narrow down the location.

Learn to be patient

Buying a home is a considerable investment, particularly if you're buying luxury real estate. Therefore, you should avoid making any rash decisions. Take your time to analyze your options. If you don’t find the right fit as soon as expected, don’t despair. These things take time. And don't get discouraged if someone else beats you to it. It's essential to be sure before placing an offer.

However, it’s also good not to be too picky and wait too long. Yes, the home you’re buying should satisfy all your needs, but there’s no such thing as a perfect house. So, you should be willing to make some small compromises. Otherwise, you might never find what you’re looking for.

 Learn to negotiate

Just because you're buying luxury real estate doesn't mean you shouldn't get a fair price. Therefore, don't skip the negotiation once you find a home you like. This is where your Real Estate Broker will be a huge asset to you as they are a negotiating expert and know the market prices well. They can advise you on what to submit for the strongest offer to win the property. It's also good to know how much competition you have. If the property is highly sought after, you might not have any other option than to place a higher offer.

Final thoughts

Because of the high demand and low supply, the housing market in New York City can be very competitive. Besides, finding the right home is never easy. So, what can you do to prepare for a competitive home-buying season in NYC? Determine your budget, seek professional help, identify what you want, and narrow down the location. Being specific is key. It's also essential to take your time and not make rash decisions. And in the end, make sure you get a fair price.

Balcony Decor Ideas for Your NYC Apartment

When you live in an urban setting like New York, having your little slice of nature can feel like a far stretch. It does not have to be – more apartments have terraces and private outdoor space than you may expect. Moreover, this is also one of the home features New Yorkers are likely to pay extra for if you ever decide to sell your place.

We are sharing some balcony decor ideas for your NYC apartment so that you can make the most out of your little outdoor oasis. 

Matching your home with your personal lifestyle is what having your own NYC apartment is all about. If you are looking for inspiration on how to do so, here are a few interesting suggestions. 

Incorporate Accent Lighting

One of the perks of having a balcony in New York City is that you can arrange it as your own relaxing oasis. Some New Yorkers even have a secluded reading nook on their balconies where they can enjoy their favorite books in the evenings. And what better way to do this than with lots of lighting to set the mood? All you need to do is get a few strings of fairy lights at a nearby store to transform your balcony into a magical purple, blue, or red oasis. And if you already have a balcony garden, the shadowplay will be extraordinary. 

Plant a Garden

Of course, the most natural way to decorate your NYC balcony is to bring in a lot of plants. There is this minimalistic tendency that has swept NYC balconies where people like to keep furniture at the bare minimum so that they can make way for their plants, pots, and vines. If the air quality in your neighborhood allows it, you can even grow your own food and herbs right there on your terrace. Tomatoes, peppers, and coriander thrive in urban conditions, which means you have no excuse not to green up your balcony.

 Cozy seating 

Ditch the uncomfortable metal chairs to make your balcony as inviting as possible. Treat your outdoor space as an extension of your indoor living space by bringing in some cozy patio furniture. A small sofa and padded armchairs will make your terrace much more enjoyable and cozy.

 If you are just moving into your NYC home, consider reupholstering old furniture pieces you would otherwise throw away. It is much more affordable to relocate these pieces than buy new ones as it is a relatively hassle-free process when you hire professional residential movers to help you out. Also, our advice is to go for a synthetic material instead of natural ones to make the upholstering resistant to the sun and elements it will be exposed to on the balcony. 

For those that want a more traditional outdoor feel, opt for a hammock or swing if your space permits. You will be able to untie the hammock whenever you please in case you ever need the space for something else. 

Add a Small Outdoor Dining Area

A balcony can serve a practical purpose aside from being your favorite spot for unwinding. If your kitchen is connected to the outdoor area in your apartment, you can add a counter or countertop area that can serve as a makeshift bar or table where you can prepare and eat food or drink your morning coffee. So, you can host both unforgettable parties and moonlit dinners on your balcony overlooking New York City. You just need a few barstools, and voila - you have your own little NYC bar right on your terrace. 

Protect your privacy 

After you have finished decorating or repurposing your balcony area, it is time to think about your privacy. Curious gazes from the street might easily interrupt your fresh-air yoga session or morning stretch. So, no matter how much you get along with your neighbors, consider privacy screening.

If you have a green thumb, this is the perfect opportunity to do a little bit of gardening. You can place outdoor plants to keep your balcony out of sight. In addition, your little terrace jungle will also create shade in the summertime. Otherwise, you can opt for something such as bamboo fencing or a small hedge.

We hope you have drawn inspiration from our favorite balcony decor ideas for your NYC apartment. Enjoy beautifying your balcony!

2021 Holiday Tipping Guide

The Holiday Season has officially kicked off. With Black Friday and Thanksgiving over, holiday decorations are going up across town. With the arrival of the Holiday Season comes the question on the mind of many - “How Much Should I Tip?”

While some traditions will be put on hold, other traditions synonymous with the Holiday Season will continue, one of which is Holiday Tipping. 

One could argue that Tipping is even more important this year than ever before - it has been a challenging year for all, and for those that are fortunate and have the ability to tip those that have helped throughout the Pandemic, this is the year to do so.

Building staff in Residential New York City buildings have been essential to all residents through the COVID-19 pandemic. Building Staff have been responsible for increased cleaning protocols, receiving and managing an exponential increase in deliveries, and checking in on vacant apartments for residents that have escaped to second homes.

We’ve adjusted our annual tipping guide to account for 2020 - some of the individuals that are key in a typical year such as your Manicurist may not have played a role in 2020 because of the Pandemic. Additionally, if you are considering giving more this year to your valued Building Staff and are concerned they will expect this amount in future years, consider stating in your note with the tip how grateful you are for all they’ve done during this challenging year to set expectations. 

Our friends at Brick Underground publish a go-to holiday tipping guide, which has been circulating since 2013. We condensed it, and put our take on what is appropriate as you budget for your holiday tipping. Remember, these are simply guidelines. There are many factors that can influence the tipping decision such as the size of the building (a larger staff equates to smaller individual tips), level of service, seniority, and time in building. Additionally, owning versus renting in a building can play a big factor as well.

Of course, if you live in a building with a part-time doorman, virtual doorman, or no staff at all, the below levels could be adjusted downward.

Renters: Tips do not have to equate to the dollar amount you are paying each month for rent. If you receive a lot of packages, have a stroller that is carried in and out of the building, etc., factor this into your tip. 

It is recommended that you tip in cash. Doorman, Concierge, Supers, etc. all of bills to pay like you and I- they are not looking for fruit cakes, cookies, or homemade gifts at the holidays!

Many buildings have organized drop off locations for your tips so you can safely give to your Building Staff rather than direct contact due to public health guidelines.

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TIPPING GUIDELINES

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Super: $150-$200
Doorman/Concierge: $100-$150
Package Room: $50-$75 per individual*
Housekeeper: 1 Week Salary
Dog Walker: 1 Week Salary
Garage Attendant: $50-$100
Personal Trainer: $100*
Personal Assistant: 1 Week Salary
Hairdresser: $75-100*

*In the post-pandemic world, it is important to remember all the people fielding the large increase in orders you are placing and the sheer volume of orders they are now receiving, just for you alone. From Uber Eats to Amazon and every shopping destination in-between, there is no denying that we all place significantly more online orders than prior to the pandemic. We recommend tipping Package Room staff more than previous years. In most buildings it will be the package room employees, however, Doormen/Concierge are likely fielding these requests after hours.

Additionally, if someone such as a Trainer has moved to a Virtual Model and you continued to use their service, we recommend continuing to tip these individuals.

When: Most building staff will prefer to receive their tips in early December so they can plan their own holiday spending accordingly. Tips account for a large part of building staff’s anticipated income at this time of year.

This guide was presented in 2018 and has been re-shared to include updated information

Why Buying a Home Just Became Easier

It is not a question that all of us realized the importance of home during the pandemic. The close relationship we formed with home has lead to many individuals assessing their needs as it relates to their current living situation - from renters looking to make roots and buy, to existing home owners trading up, the pandemic has spurred activity within the housing market. 

When it comes to buying a home, the 2 most common roadblocks that buyers may face are the ability to save for a down payment - something that has been typically challenging for student-debt ridden millennials, and qualifying for a mortgage at current lending standards.

Last week, the FHFA announced that it will be raising the loan limits for Confirming Loans in 2022. 

Confirming Loans are the only mortgages that meet the requirements to be acquired by Fannie Mae and Freddie Mac. Any loan that exceeds the confirming limit is considered a non-confirming, or Jumbo Loan.

There are quite a few differences, both pros and cons, to conforming vs. non-confirming loans, however, typically a non-confirming loan has a higher interest rate and down payment requirements because of the risk of the loan. In pricey housing markets, even purchases at the lower end of the market can force buyers into the jumbo loan territory.

The FHFA indicated in a Press Release that the Confirming Loan limit will see a significant increase to $647,200 and that approximately 100 counties will have confirming loan limits approaching $1 million.

What does the increase mean? More homes will now qualify for conforming loans which have lower down payment requirements and easier lending standards. For example, a home that you could afford with 10% down but would result in a non-confirming loan that required 20% down, may now fall into the confirming loan limit allowing for 10% down.

That dream home that you thought was out of reach, may just have become a little bit closer!

Connect with us today to discuss these changes and how they may impact your purchase consideration.