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81 Comments on Good Money and Good Enough
DeeDee: It is no surprise that, when the work has been put into preparing a home for sale, everyone can see it and know it.
Lora: It is just a tiny bit sad that it comes from my own life - when I am feeling blue or have a cold I must dig out that old ratty housecoat and make my husband suffer with me. LOL but the truth.
Wouldn't you just die if someone said "I paid good drug money for this"! Loved that analogy! The other famous line I hear a lot "it still works fine". Well it may still function but it doesn't mean it is modern and up to date! Congrats on the feature, great post.
Shar: My jaw would drop - drug money!!!! Oh, yes, "That works fine" goes along with "good enough".
I love your post - deserves a reblog!
This is a great post- I'm tenpted to send it to a prospect who is deciding what she will and won't do before listing and trying to come up with money to do some things. I don't want to offend and have her list with someone else though.
Thanks Beverly.
Jenny: Send it along as just my perspective here in Canada. Things may be different or they may be the same.
A little money can go a long way towards a quick sale at a good price.
Gene: If a Seller was told to spend 1% and it was a $300,000 home then that 1% is $3,000 and lots can improve for $3,000. Sometimes it is higher and sometimes lower.
Another great post, Valerie. Congratulations on the feature. Most often, weeks of work go into a home before we do the final showcasing or staging - and only then are we ready to put it on the market. Today's savvy buyers have high expectations, and sellers ignore this at their own peril.
Tanya: Yes, they are savvy buyers thanks to all of the TV shows and a general interest in homes. Expectations are high and people want a well maintained a well presented home.
Thanks for the good post. Sellers are so funny, I have actually put sellers in my car and driven them to model homes to see the difference.
Liane: What a good thing to do. There is nothing like seeing it a real home to know what good looks like.
Valerie, I love this post! I also stage homes as well as sell them and I hear these all the time! I love "good money only comes from the buyer" -- am going to have to use that one!
When I prepared my own home for the market, I realized that was the way I wanted to live. There is a freedom and a peace that comes from living in an organized, thoughtfully put together home. I think that's why so many stagers are seeing more and more "staging to stay" clients. I have clients hire me to "stage to sell" and then once they see the results and they're in their new home they hire me to "stage to dwell."
Michelle: The Stager that has done a few of my lisitng houses has also been asked back for the 'staging to stay' (I just didn't know this cute expression). Once people see how good their home can look, it is enticing to have the stager back.
Having a person take a perspective of this being my home to this is my investment how do I maximize the return is what we have to accomplish!
Robert: And it is difficult because most oftern Sellers are still living in their homes and it looks and feels like home and not a product / investment to them.
Very good article. We often keep things around that we paid a lot for but don't really suit us any more. In business, they consider items/projects that are no longer useful to be a sunk cost and the amount of money spent shouldn't influence us to continue strategies that are not effective.
Colleen: So true about sunk costs - I don't keep things just because I bought them a long time ago. If it is obsolete I can say bye-bye. Some Sellers never get to this point.
Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Sunny San Diego
amazing post
Paul: It is not often that I get a comment on an older post. Thank you for finding this one and leaving your comment.