Real Estate Blog - The Bank hired us to stage another Foreclosure in Portland OR ~ Before & Afters

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The Bank hired us to stage another Foreclosure in Portland OR ~ Before & Afters

We've staged two other foreclosed homes for this smart and savvy bank and have posted about them here on A/R.

This new construction home has been vacant and on the market for 2 years before we recently staged it ... here are some Before & After photos. Don't you agree that potential buyers would find the "after" version more appealing -- and want to write an offer?

I hope this will encourage both agents and home stagers to contact your local banks and talk to them about the benefits of staging foreclosed properties. It's a win-win partnership for the banks, the neighborhood, and the community!

(By the way, the first foreclosed home we staged for this bank was on the market for over 2 years, and sold within 38 days of staging!)

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The Bank selected a great team of agents to market this lovely property!

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Related Post

To reduce market time on your home or listing, consider staging your property! Foreclosed or not, home staging can help make your property appealing to the target buyers.

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This home was professionally staged by Room Solutions Staging in Portland OR. We help homeowners, investors, banks, and real estate agents prepare homes for the market with exceptional staging techniques. We're happy to provide a complimentary staging proposal ~ contact us @ 503-246-1800. Room Solutions ~ Staging that Sells Portland Homes.

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Staging That Sells Portland Homes!

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Posted by Maureen Bray ~ Home Stager Portland OR ~ Room Solutions Staging on 06/11/2009 02:23 AM

Comments (48)

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Originally posted at: Home Staging in Portland Oregon Blog: The Bank hired us to stage another Foreclosure in Portland OR ~ Before & Afters

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48 Comments on The Bank hired us to stage another Foreclosure in Portland OR ~ Before & Afters

JUN

Hi Maureen,

Now here's a bank that's using some not so common sense. Bank owned properties usually have a very depressing aura but you turned it into a happy house. Great job as usual.

Good for you. Wish the lenders would do some staging in our market in Maryland.

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Obviously that is a bank one should make a deposit into, as they know how to invest correctly in their investments... plus your work looks terrific, seems they also know a great stagger too.

The interesting thing here is not that the staged property sold. It is that the property was new construction.

Try staging a bank owned foreclosure with a wet basement, old appliances, brokern windows, filthy carpeting, overgrown landscaping.

Not to disparage staging, but try to use staging to sell a resale property with multiple defects and the bank will go back to the tired old "as is" sales.

Wow, I am quite impressed with your staging, but absolutely shocked that a bank would hire stagers. They may be getting a bit smarter!!

WOW!!!! You did an awesome job! Most of the foreclosures in our area would need more than furniture to make them look good!!!

I see foreclosures staged with trash and emanating odors to wake up the dead. .. I wish the banks would not stage it but simple clean it up for showings. .

WOW...what a difference...from for sale to sold...not all bank owned properties are a disaster...and we too are listing one this month that we will stage...we have already contracted some of the work...the landscaping alone made a night and day difference and got standing ovations from the neighbors !

Who do you call.....this is beautiful and congratulations for being on the cutting edge. thanks.

Staging does work for higher priced homes. Great investment on the bank.

Thanks for sharing with us this morning. I am continually learning from others post. Great

Susan ~ This home was a bit depressing before, but the bank knew that hiring cleaners, landscapers, painters, and a stager would make a big difference. Thanks for your feedback.

Roy ~ You may want to contact local or regional banks in your area .... tell them it works!

Mary ~ Thank you! You're so right that this bank knows how to invest their money.

Lenn ~ Staging works on ALL properties, especially on the types you describe.

Gabe ~ We're in agreement on that. Thanks for the re-blog.

Norma ~ This one needed more, too. Cleaning, a few repairs, some painting, and landscaping. Didn't it turn out well?

Fernando ~ If the banks would just clean them up it would make a big difference, wouldn't it? Staging is the icing on the cake.

Sally & David ~ So glad to hear you're staging a foreclosure too -- The word must be spreading that it's a good investment! Thanks for adding your story here.

B. ~ Asking the agent for the bank contact name is a good way to get started....give it a try!

Eric ~ Thanks for commenting.

Harry ~ Actually it works on the lower-priced properties too as well as the higher-end ones, in our area. We just staged another one that sold for over asking price in 2 days ($249K).

Hi Maureen,

Just another example of how staging can help sell vacants. You can imagine living in the home now!

Great job!!

Kimberly ~ Seeing a vacant home that's been on the market for a couple of years can be a bit dreary ... so cleaning and staging really pays off as a smart investment. Thanks for your input.

Maureen, I'm also surprised the bank would have a home staged. Quite an improvement though. From the photos, you did a good job.

Maureen, you did fabulous job on every single room. I've only done one foreclosure, but hopefully will get more in the future, it makes such a difference.

Maureen: Absolutely beautiful staging work! I have contacted several banks here, but they refer me to agents, who completely nix the idea. Not sure why such a different mentality here even though many are new homes just sitting on the market for a year or more. Any tips on getting them to take advantage of such a great marketing technique?

Michael ~ Hopefully this will become a more common practice -- and foreclosures will lessen as well.

Joanne ~ I'm glad to hear that you were hired to stage a foreclosure too -- it does make a home so much more inviting.

Debra ~ My contacts at the bank are the president and the financial manager -- they see the value in staging and fixing up a property before putting it on the market. Keep trying and don't give up ... the listing agents should be on board too because a faster sale means a faster payment for them as well.

Wow a banker that knows what they are doing. Fantastic

Keep up the good work and you will be busier than you ever hoped to be.

Virginia ~ You're right, it's great to find a bank as smart as this one committed to the real estate industry!

Hi Maureen - HUGE difference in how potential buyers will now view the home! Especially like the living room and master bedroom!

Vivian ~ I agree that most buyers would rather view a staged home so that they can see its full potential. Thanks for your comment.

Good job Maureen -- I am going to put out my feelers for some bank contacts! Thx for sharing

Karen ~ Include some smaller, regional banks in your marketing efforts. Sometimes they have more authority and don't have to wait for "head office" approval. Good luck!

Maureen, you did a fantastic job! I'm sure the offers will be pouring in, congrats!

Tosha ~ Hopefully after two years, now that this property is staged an offer will come in soon ... thanks!

Gulp. This is an excellent example of just how big of an impact staging can have on a home!

And you're after pictures are incredible!

Congratulations. Your post is being featured in the group Staging Before & After Pictures.

Kathy

Congratulations Maureen! I'm still hitting dead ends here on Long Island with the banks but I intend to keep trying. It makes so much sense!

Kathy ~ we hope the staging has a positive impact on this home ... many thanks for the feature!

Allegra ~ Be persistent with the banks in your area. This type of mind-set sometimes takes time. However if more banks would jump on board this wagon, foreclosures would sell faster, and neighborhoods would improve.

Beautfiful staging Maureen and I am sure this will sell asap!!

Maureen,

As always you do exquisite work!!! This one is no exception!!! You breathed life into each room. Now anyone can see the potential of this home. I'm sure the bank is thrilled they found you!!!

Cathy ~ We'll keep our fingers crossed that you're right!

Linda ~ Thank you for your nice comment ... this home has many wonderful features, which the staging is designed to highlight.

Just beautiful! What a delightful transformation!

Thanks Susan! Your enthusiasm is wonderful.

That's incredible! More banks should try staging instead of taking price reductions.

JUN

Cindy ~ It would be great if more banks were as progressive and smart as this one. Why not make as much as possible?

Picture perfect as usual Maureen! Love those lamps you used in bedroom.

Cynthia ~ Your comments are appreciated, thanks! I love those lamps too and thought they worked well in that bedroom.

Fantastic work and great to hear that you keep getting bank jobs!! If only more banks were so smart!

Melissa ~ Yes, this country needs more smart banks -- badly! They need to see the value in fixing up their foreclosed properties and making them as appealing as possible so that they receive a good ROI. I hope word gets around that staging works on foreclosures as well as regular properties.

Aloha Maureen,

Very well done, and a bank owned property at that. I hope they're smart keep you busy! Best wishes.

Peace,

Hey Kimo ~ Thanks for dropping by. We hope that more properties like this one needing our services find us!

JUN

I love it. You have the prettiest furniture and accessories. Great job.

Chrissie ~ Glad you like it! I appreciate your nice compliment.

JUN

Maureen, if I say that I have "stager's envy", does that say it? Is this the same bank that we discussed previously or are you working with others also? Whatever bank it is, they are lucky they found YOU!

Hi Ginger ~ Yes, this regional bank has hired us to stage 3 foreclosed properties. Thanks for your loyal support!

JUN

Beautiful work, really energizes this vacant and lifeless house and brings purpose to every room.

JUN

Kulli ~ Staging does bring needed energy into a vacant house! Thanks for your feedback.

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