Hiển thị các bài đăng có nhãn buyer. Hiển thị tất cả bài đăng
Hiển thị các bài đăng có nhãn buyer. Hiển thị tất cả bài đăng

Thứ Tư, 8 tháng 5, 2013

Energy Department-backed van builder shuts down, seeks buyer

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Handicap-accessible van maker Vehicle Production Group (VPG) has suspended business operations after it was cut off from a $50 million Energy Department loan.

The Detroit News reports that the Allen Park, Michigan-based company quietly froze operations in late February and laid off most of its staff, but has not declared bankruptcy as it seeks a buyer for its assets.

The startup automaker began selling the purpose-built handicap-accessible vehicle in 2011. The $39,950 vans were produced under contract by AM General in Indiana.

The Energy Department funds came from the same Advanced Vehicle Technology Manufacturing loan program that approved $529 million for the now struggling Fisker Automotive, which also had its loan frozen and has suspended production as it seeks industry partners.

VPG’s loan was to help it build compressed natural gas versions of its van, the MV-1.

The company says it sold 2,500 vans and has 2,300 pending orders on the books. Many of the vehicles were sold to taxi companies as well as private individuals looking for an alternative to conversion vans.

It’s not yet known exactly how much of the $50 million loan was tapped by VPG, but the company’s former CEO told USA Today that it was “spent wisely,” and he hopes “it will all be repaid if the company is sold.”


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Thứ Năm, 4 tháng 4, 2013

Home-staging tips: Scents and songs may snag you a buyer

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    Brown candle with glass bead decorations.iStock

We’ve all done it: Baked cookies or lit a scented candle before dinner guests arrive. Maybe you even turned on some Frank Sinatra to set the mood.

But new research shows that while popular scents or songs may elicit positive emotions, they can distract from our ability to make decisions.

“If you’re trying to sell your home, having the wrong smell or music playing is worse than having none at all,” said Eric R. Spangenberg, dean for the College of Business at Washington State University and longtime professor specializing in environmental psychology. “There is a lot of cognitive processing involved in a home purchase. A 30-year mortgage is a big decision.”

Spangenberg has studied the effects of scents and music in retail environments since the late ’80s. His latest research, published in the Journal of Retailing, shows that what consumers hear and smell is a determining factor in how much time and money they spend.

“The [home] staging business should incorporate other senses,” he said. “The science of olfactory cues is not being used. People use intuition, but a lot of intuition is based on urban myths more than it’s based on science.”

Spangenberg has three key principles to help sellers use smells and songs to make their homes more marketable.

No. 1: Keep it pleasant

If you’ve ever cringed walking through the perfume aisle in a department store, it’s probably because your brain was on sensory overload. Spangenberg says when a smell is that powerful, it’s all you can think about … literally.

“You want scents to be on the edge of your perception -- not centrally processed,” he explained. This leaves the central part of your brain to do what it does best: process the task at hand.

For a home buyer, the focus should be on deciding whether to buy a home, not trying to identify and sort out a powerful scent. To ensure this happens, Spangenberg says sellers should limit how much scent they infuse into a space.

Music follows the same principle. A song that is louder than you’re used to will detract from your ability to focus on anything else.

“Abercrombie & Fitch has a strong environmental psychological element to what they do,” Spangenberg said. “They don’t want me -- a 50-year-old male -- in their store. It’s too loud for me.”

No. 2: Keep it simple

Spangenberg’s research has shown that simple scents are most effective in influencing shopping behaviors. In fact, his study found consumers spent 31.8 percent more on average when a home-decor store had a simple orange scent instead of a complex blend of orange, basin and green tea.

“Our results suggest the more simple, the less distracting,” he said. It goes back to the idea of freeing up the decision-making part of the brain. For home selling, Spangenberg says a simple citrus scent would be a better choice than a blend of potpourri.

Moreover, in his 2011 music study, titled “It’s all in the mix: The interactive effect of music tempo and mode on in-store sales,” Spangenberg found that music in minor mode was significantly more effective when accompanied by a slow tempo.

“Our ability to perceive and process those two things (mode and tempo) is hardwired in human beings,” Spangenberg explained, recalling an experiment conducted at a Nordstrom department store.

“Popular music wasn’t effective at keeping people there,” he said. “The problem was the tempo was too fast, making people move faster through the store than we wanted them to.” As a result, Nordstrom often has a live pianist play slower music in its stores today.

In the same way, home sellers could consider using simpler scents and slower songs to keep potential buyers interested.

No. 3: Keep it consistent

Finally, Spangenberg’s research suggests consistency or congruence is key. He advises home sellers to evaluate their environment, the season and their potential buyers.

“A wood-and-stone home should have scents congruent with that environment,” he said. “But in a home with no wood, you wouldn’t expect a pine scent.”

Spangenberg says that it’s this inconsistency -- the fact that the smell doesn’t fit with its surroundings -- that matters.

“If you walked down the spice aisle blindfolded and smelled cumin, you would think someone needs a shower,” he said.

At the same time, consistency with the season is important. For example, Spangenberg says you wouldn’t expect a spring scent during the winter or floral notes in a home with Christmas decorations.

He says inconsistency can take away from a potential buyer’s ability to think about purchasing a home. This includes gender preferences.

“If I am trying to sell a condo to a young, professional woman versus a man, I would use different scents,” Spangenberg explains. “It’s about doing what fits.”

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Chủ Nhật, 17 tháng 3, 2013

Kanye West’s home snags a buyer

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    Exterior of Kanye West's California home.Zillow

Kanye West hit the sweet spot with the price on his modern Hollywood Hills home. After relisting the house at $3.3 million, it only took a few days before an interested buyer made an offer.

West first listed the home in 2010 for $3.995 million and after a year, took it off the market. However, with a baby on the way and a new home over in Bel-Air with girlfriend Kim Kardashian, he likely felt the pressure to dump the extra residence.

West picked up the Los Angeles-area home for just $1.75 million in 2003. Despite West’s star status, the home is relatively modest and minimal, measuring 4,214 square feet with 3 bedrooms and 4 baths.

The home is largely free of the finishes present in West and Kardashian’s new home. Pop art -- including some pieces featuring “Jetsons” characters -- decorate the walls, low-profile pieces furnish the rooms, and surprisingly enough, the home doesn’t include a pool, although the listing says there is room for one.

Reportedly West and Kardashian are still looking for a few other places to call home, besides their new gated Bel-Air residence. Places of interest? Miami, Paris and New York.

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Chủ Nhật, 10 tháng 3, 2013

Zsa Zsa Gabor's 'Argo' home finally snags a buyer

Zsa Zsa Gabor can probably thank the Academy for helping her sell her home. “Argo,” which recently snagged the Oscar for Best Picture, was partially filmed on the grounds of Gabor’s estate. The listing for the home at 1001 Bel Air Rd, Los Angeles, Calif., 90077 was recently updated to reflect a pending sale.

Gabor’s Bel-Air home has been on and off the market for years with a both price cuts and price increases, ranging from a $15 million price tag to $12 million. Most recently, the home was for sale for $14.9 million. We’ll see if Gabor was able to snag an offer that high.

In addition to being the site for “Argo,” Gabor’s home was also used for the upcoming HBO film “Behind the Candelabra.” The Steven Soderbergh film documents the life of Liberace and stars Michael Douglas, Rob Lowe and Matt Damon.

Why all the film action at the Gabor home? Simple: Gabor’s husband, Frederic Prinz von Anhalt, has taken out reverse mortgages on the property to pay for Gabor’s care, and the two are in need of cash. According to the L.A. Times, von Anhalt has not been making payments on the home for some time.

At one point, facing foreclosure, von Anhalt reportedly took to Facebook in desperation to ask for a loan. Getting cash from Hollywood studios seems like a better way to go. According to ReelScout, a home can earn around $1,000 to $2,000 a day when it is being set up and as much as $3,500 a day once filming begins.

The Bel-Air home has a lot going for it besides a hefty amount of screen time. Built in 1955, the home was rented out to millionaire recluse Howard Hughes for most of the 1960s. Gabor bought it in 1974, and through the years hosted celebrity and political bigwigs ranging from Frank Sinatra and Elizabeth Taylor to President Ronald Reagan and both former Presidents Bush: George H.W. and George W.

Occupying more than an acre with “270-degree” views of downtown L.A., the 8,878-square-foot home has 6 bedrooms, 5 bathrooms and large spacious areas inside and out for entertaining.

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