Pages

Wednesday, March 23, 2011

Home Staging Misconceptions


>

Recently, my partner Alana and I were asked to do a consultation for a gentleman with an investment property he wanted to sell. When we arrived at the home, it was obvious from the curb that the home required a lot of work. Soon after going by way of the home, our opinion was even further re-enforced by the obvious water damage, broken or missing cabinets in the kitchen, scarred and stained flooring ... and significantly much more. The seller didn’t want to invest in fixing up the household, he wanted us to hide all the troubles and sell the property in its present condition. This sparked the conversation about what property staging is – and what it is not – in terms of getting a home prepared for sale.

Property staging is a procedure of preparing a house for sale. That is the basic definition then again staging itself is a multi-layered procedure. A professional household stager, when going through a property, is going to address all the cosmetic and esthetic elements of a house as the overall goal is to make the property inviting, well laid out and neutral for buyers to imprint themselves on. As staging designers we address color, room function, furniture layout, de-cluttering, accessorizing and merchandising, curb appeal and the overall style of a home. As we cover so numerous categories, the can incorporate extra than just a basic staging fee as there is a lot that goes into acquiring a home prepared for the .

Household staging is not meant to disguise obvious structural flaws or mislead buyers about the condition of the property. We cannot in great conscience as professional designers, hide problems which would cost a buyer thousands of dollars to fix when they had bought the property. It’s just not ethical. Rooms in Bloom’s contracts particularly state that our staging services cover only a home’s esthetics and we always suggest fixing the difficulties just before the house goes on the marketplace – it may be cash out of pocket but those kinds of repairs instill buyer confidence and typically make the difference in what type of offer you – if any – a household gets.

Household staging is a powerful tool which has been proven to make homes memorable, sell quicker and for high cost points – regardless of the marketplace. In a slow marketplace, staging is invaluable when it comes to getting homes sold. In a hot market, staging makes sellers unbelievably happy as it regularly results in several offers for considerably over the asking price.

Here are some of the arguments nonetheless that we hear often against household staging.

1. Staging is costly

As you read above, this an argument we hear frequently about house staging. Even so, to be clear, as there are a number of facets to finding a house prepared for sale, the costs can range from $199 for a consultation up to a few thousand dollars for some painting and furniture/accessory rentals. Give some thought to this – when you are shopping for an high-priced item if you are producing comparisons between shops, it is extremely likely that you’re going to pick out the one which is in superior condition, has an appealing appearance and fits with the vision you have for it – in reality most folks upon obtaining such a treasure rarely haggle over its cost. The very same can be said about buying homes. Buyers who view a staged home will keep in mind it longer, go back for much more visits and be a lot more inclined to pay the asking price because they feel the home’s appearance justifies the asking price. So, by making a tiny in your property you guarantee that buyers will be romanced by your property and will do every thing they can to buy it.

four. My house draws compliments all the time so it doesn’t require staging

Unless your pals and family members are buying your property, you still need to have to make sure your house appeals to all the buyers walking through it. Personalized décor schemes with wallpaper, border, specialized paint finishes are tough sells for buyers. Not everyone appreciates these décor styles and buyers label these types of houses as “needing work”. Buyers are looking for homes with neutral décor styles they can live with for a few years before they have to believe of doing any type of re-decorating. By keeping the household strictly to your tastes, you risk losing a large number of of your buyers and tuck yourself into the category of waiting for the excellent buyer. Rooms in Bloom’s designers consistently tell sellers that how they live in their household is radically several from how they sell it.

5. The home down the road sold without staging

That is great nonetheless those sellers have missed out on realizing if their house could have sold quicker and for . Staging makes houses stand out from the competition and generates much more viewings, a lot more provides and a higher selling point.

 

6. If I’m pleased with it, somebody else will be as well

Genuinely? We hear this comment a lot and have to wonder if suddenly we’re living in a world of clones. Seriously but, buyers are increasingly design savvy due to the overwhelming popularity of HGTV and design magazines. Their expectations have risen and in order to capture their attention, a house truly has to stand out from the crowd. Not only does staging make the on the web photos far better, but mainly because so numerous buyers shop on line initial, staged houses generate much extra interest, visits and exposure than homes which are featured “as is”. If a residence looks as if it could possibly have to have lots of TLC then the sellers have to understand that buyers will only make an supply if the listing cost is low.

7. I already de-cluttered so I do not have to have staging

Though de-cluttering is a huge component of finding your property ready for sale, it isn’t the only component of staging. A lot of the home owners we do consultations for opt for to do the de-cluttering themselves and then opt to hire Rooms in Bloom to add the final polish and “wow” factor to their houses. Professional stagers see things that property owners don’t and they give a neutral, third party opinion on what wants editing in the house. From adding or removing furniture, maximizing a room’s layout is an integral component of the staging process. Too much furniture makes spaces appear modest and cramped even though too little furniture can make rooms seem awkward, cold and uninteresting. The perfect balance of furniture and accessories, arranged to highlight focal areas and minimize weaknesses in a room is an art.

8. Household Staging is just a trend – it won’t impact how my home sells

Years ago before house inspections became the norm, they too had been regarded as services which consumers opted to use only in extreme cases. Now, each and every realtor will tell you to never acquire a property unless you have had a property inspection completed. The identical can be said about residence staging services. Twenty years ago, property staging didn’t even definitely have a name it was just something that savvy many people did to aid homes look much better during the selling process. Currently, residence staging is 1 of the hottest topics in the media and instead of being a service reserved only for the most desperate of homes, marketplace savvy sellers are utilizing property staging to shorten their selling period and make the most of their main – their household. House staging isn’t a trend. Real estate has changed over the last twenty years and we can tell you that ten years ago when you bought or sold a residence is radically different than purchasing or selling currently. Why? Since buyers are incredibly design savvy they watch HGTV and read all the design magazines. This indicates their expectations have grown apace with their style knowledge. The outcomes? They want upgraded, professionally styled houses and they are willing to pay extra income to purchase them. So, sellers who want to attract the most buyers need to use all the tools offered to them, the most potent tool being that of house staging.

9. The Buyers can deal with the repairs when the household is sold

One of the greatest mistakes sellers can make is choosing not to address any unfinished repairs or obvious issues prior to putting the house on the marketplace. Buyers right now have small time for repairs and numerous opt for a “move in ready” home in very good repair as opposed to a house which wants TLC. Houses which are put on the marketplace in poor condition frequently scare away buyers and attract property flippers who will often give significantly less than the listing cost mainly because they know what kind of profit they can make by ensuring those repairs are taken care of. Expert stagers will consistently advocate handling these repairs in order that the house appeals to all varieties of buyers and so that the household justifies its asking cost.

10. Everyone can stage a property

This is a serious misconception. Fantastic home staging needs much much more than a style sense and ability. Professional household stagers, though they could have a background in design & decorating, are marketplace savvy and their services are real estate based, not decorating based. Expert stagers are objective and savvy about what kind of buyers each and every house should certainly be targeted to appeal to. It’s also important to know that there are differences between property stagers themselves. When sellers are performing their investigation, it is crucial to see the stager’s work both via their site and portfolio. Established and experienced stagers will have a range of photos which clearly show not only a tangible difference between the just before and following pictures, but also a flair for design and obvious creativity. Grooming a property to help it stand apart from the competition requires information of a home’s visitors flow patterns and an capability to use existing furniture & accessories to make spaces look bigger, additional contemporary and appealing to buyers. Property staging is in itself a science and produces dramatic and tangible results.

Don’t be afraid to check references or call past clients. An experienced household stager should really have at least 3 references which they can provide for sellers to follow up on. Check and see that the stagers have the training and continuing education in the property staging business as well. Understanding, expertise and a flair for style are the key points for setting expert stagers apart from the competition.

Regardless of regardless of whether it is the Realtor or seller who brings in the services of a professional home stager, it is crucial that a property show to its fullest possible in those 1st critical weeks on the market. Rooms in Bloom designers usually tell their clients to forget showing their home “as is” and instead opt to present their property as “the most beneficial it can be”.

Heather Cook & Alana Merritt

October 2009