Posted in Style Organization's Business Offers Solutions

Home Staging – A Real Advantage Or Not?

Style Organization offers solutions
Style Organization offers solutions

There is a really great house not far from me, last summer it came onto the market, priced high at it is large and in a great location. It was neat and tidy and oh so dated, it actually had shag pile carpet in a couple of rooms, I know this as I went to the open house. After being on the market for two months it was discounted by $10.000!

Then there was a second reduction taking another $10.000 off. Total reduction $20.000. The listing changed after three months with a different real estate agent, a lower price and still it did not sell. Then after another three months, a third real estate agent took it on and it was now priced $65.000 less than the original price. Ouch! and you know it would not cost that much to stage.

The sellers must have been annoyed and the real estate agent(s) had all spent money on advertising the property and spent time on showings. Even with all the additional reductions, it did not sell until it was rock bottom. Why? The reason is quite simple if you are going to charge the highest amount then you have to make it move in ready if you don’t then you sell at a lower price to make it appealing for the buyer to do the work.

So, in this case, home staging for this house would not have cost that much! Selling faster is a real benefit as it would have meant more money in the seller’s and real estate agents pockets plus less work promoting, showing and keeping the property at it’s best which can be a full-time job. A win-win for all.

I recently heard that a young couple with a child had bought the house and have renovated.

Author:

The work version I am a versatile client-focused professional with wide-ranging experience in organizing, coaching and motivating with the ability to multi-task whatever the situation. My company, Style Organization is committed to helping people through strategies that assist in moving them forward positively with humour and energy. The Social Version is the same just substitute family & friends for clients and colleagues. I enjoy all the fine things in life, reading, theater, opera, gardening, cooking, entertaining, fashion, travel, anything vintage and adores good company. I am presently still restoring and renovating a 1928 Tudor Revival house.

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