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7 Comments on Creativity + Cooperation = HOMES SOLD in Fresno, CA
Linda- very creative idea. Did the seller pay anything at all towards the staging? And you got the furniture + your fee? I love that you both worked out a win-win situation.
Hi Linda ~ I think whatever method you and the listing agent come up with that's mutually beneficial, that's a good thing especially if it gets the home sold quickly -- as they say, a win-win for everyone involved.
So, if I understand your plan correctly, you received your full staging fee AND all of the furniture (that the agent paid for so you got it for free) and this was in exchange for payment at closing? What if the home had not sold -- did you build an option into your contract to protect your financial interest in that event?
I have done something like this using some of my furniture and changing the look with new artwork and accessories. The only problem I can see is that all of the listings continue to look the same. I had a realtor inquire about by business taking over staging in their office because the stager they were using makes every home look the same. In fact, some of the buyers thought they were looking at the same house they had already seen.
Hi Kathy, Maureen and Nancy, thanks for your comments and questions. I realized by some of your questions that I had not fully explained the arrangement and money issues so I will do so in my next blog and show pics of house #2. Stay tuned.
I didn't answer your question in my new post since it was mainly about the fees and management of the project. For the 2nd house I did bring in more furniture and changed the bedding etc. I use some of the same things over again in my projects, but make enough changes that they don't look the same.
Linda
I love to see real estate professionals think outside the box and come up with a good plan for all involved. I'm a fairly new stager so when I initially read through your article I thought that's perfect. Then as I read the comment left by Maureen I realized it wasn't totally fool proof. So what was the plan if the house didn't sell in 30 or 60 days?
Thanks for sharing. We all learn so much from posts like these.
Hi Chris,
Thanks for your response. As to the question of what would we do if the houses didn't sell, there was no plan, but I decided ahead of time that it was worth the risk. I put in my time and accessories ( that I already owned) so there was no expense on my part except paying the movers. However, since the homes were moderately priced, in a good location and new, which is what is selling in our area, I knew the chances that they would not sell quickly were minimal.
I would not recommend, nor would I do this under all circumstances, but since both the real estate agent , who takes the risk of not being paid each time a listing doesn't sell, and I figured in this instance it wouild work, we decided to go for it.
Very few things in life are totally fool proofl, but some are more so than others. I guess I find some kind of a thrill in calculated risks. It's like in sports ( I like skiing) if the conditions are right, strap on your helmet and go for it!