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Convince My Clients to Stage Their Homes? What's In It for Me, the Agent?

Reblogger Ginger Foust
Home Stager with Certified Staging Professional

Donna is providing very important information for all Real Estate Agents to understand.  Call me if you want to implement these ideas.  Ginger Foust, Dream Interior Redesign and Staging, http://www.dreamredesigns.com

Original content by Donna Dazzo

As a real estate agent, you may be wondering why you should make the effort to convince the homeowner to stage their home. 

Here are ten reasons why you should do so:  

  1. Gives You More Control - That's right.  Here's a common scenario for you -  the seller may desire a certain dollar amount for the home but you know that unless some changes are made, the seller won't get it.  By incorporating the home staging process, you are controlling more of the outcome of the sale. 
  2. Gives You Credibility - When you bring in "experts" who do this for a living it adds to your own credibility.  Would you seem credible if you also appraised and inspected the homes that you sold?  No, it waters down your expertise because people know you can't be an expert in everything!  When you're focused on your own field of interest and outsource to professionals it gives you added credibility in what you're good at - selling homes!  
  3. Listings That Show Well Reflect Well on You - Wouldn't you rather be the agent who's known to always have beautiful, attractive, updated, neat and clean homes to sell than the agent who always seems to get stuck with the unattractive homes to market?  
  4. Differentiates You from the Competition - You believe in doing everything possible to sell your clients' listings and you are one of the few agents who have a full team of professionals, including a home stager, to help you do so.
  5. Protects Your Relationship and Listing - You have to have a strong client relationship that gets you through the entire escrow process.  Home staging is a form of constructive criticism that sometimes addresses hard, personal issues like smell and cleanliness.  Your clients EXPECT a professional stager to instruct them on these issues but are not completely comfortable with you as their real estate agent doing this.
  6. Greatly Improves Your Outside Marketing Campaign - The time, effort and money you spend on marketing the home on the outside will be twice as effective when you have photos of beautifully staged rooms (with updated accessories) vs. empty rooms, or worse, unattractive furnishings.  With over 84% (according to NAR) of home buyers searching the Internet FIRST, it's critical that your home marketing photos be outstanding and have impact. 
  7.  Gives You More Money - Home staging is pure economics.  When you improve upon a product, you increase the demand thus raise the price.  Higher sales price = higher commission.  
  8. Makes You Sell Listings Faster - Buyers have MANY home choices in today's market and they want a home that is turnkey ready.  Statistics show that staged homes sell faster than unstaged homes.  
  9. Less Time on the Market Improves Your Reputation -  In a National Association of Realtor Profile of Sellers it was reported that over a quarter of seller's MOST IMPORTANT EXPECTATION is that their real estate agent will sell the home WITHIN a specific time frame.  In today's market, that's not an easy task among the many homes available UNLESS your listings stand out.  In a referral-based industry, happy clients mean more listings and the reward of a job well done.    
  10. 10.Gives You MORE Listings - Happy clients talk and when over 40% of sellers find their agents through referrals, expect more listings!  Incorporating home staging into your selling process makes you more value-added to potential clients.

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Comments(7)

Beverly Carlson
Carlson Properties 325-721-2429 - Abilene, TX
Abilene's Staging Realtor

When the seller's home stays on the market for another month, mortgage payment and utility payments continue and the seller has monthly carrying costs. 

When the seller's home is listed with an agent for another month, the agent's  time spent on the listing  and advertising costs continue and the agent has monthly marketing costs for the listed home.

Staging makes the seller money by reducing carrying costs by selling faster and staging allows the agent to profit from the listing by reducing listing and marketing costs. 

May 14, 2010 01:51 AM
Ginger Foust
Certified Staging Professional - Oakhurst, CA
Home Stager Oakhurst CA, Dream Interior Redesign & Staging

Glad that you get it Beverly.  Why is it such an issue with so many?

May 14, 2010 04:25 AM
Akil Walker
Bennett Realty Solutions - Bowie, MD

In my limited experience with staging, it has paid off significantly in terms of traffic coming to your listing and spreading the word about a particular listing. great info.

 

thanks,

 

Akil 

May 15, 2010 10:33 AM
Jill Banks,
Happily Better After Room Redesign & Home Staging - Mt Laurel, NJ
South Jersey Home Stager

Great post, Ginger! I'm still trying to figure out why so many realtors don't get it!

May 20, 2010 10:57 AM
Ginger Foust
Certified Staging Professional - Oakhurst, CA
Home Stager Oakhurst CA, Dream Interior Redesign & Staging

Jill, don't give that thinking business too much of your time...that's a multi-faceted question that most of us have been asking for YEARS!

May 20, 2010 12:30 PM
Susan Wilkins
Atlantica Home Staging - Halifax, NS

I have found it very difficult to communicate with agents about staging.  Not one of them, in my area, wanted to entertain the idea.  Not one of them would even discuss it.  There has been a property at the bottom of my street for sale since 2008.  It's a lovely, well kept, cluttered, & dated home.  Perfect for staging.  They have reduced the price by 70K since it has been listed.  The agent would prefer to let it sit another year rather than talk to me.  I have tried to go direct to the home owner but they are not living in the home.  Gah!

May 21, 2010 01:14 AM
Ginger Foust
Certified Staging Professional - Oakhurst, CA
Home Stager Oakhurst CA, Dream Interior Redesign & Staging

Susan, don't give up the ship.  I have been working on educating agents, in my area, for over 5 years and it IS a tough battle.  The one piece of advice that I can offer is to see if your county records are online and look up the addresses of the property owners, not just the physical address.  Send them a postcard (send a lot of postcards) and the message will start to spread.  It's NOT easy, hope your trainer didn't imply that it was. 

May 22, 2010 05:06 AM