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Step by Step: Marketing the House

By
Home Stager

sold signThe final step in the Staging process for Realtors is marketing the house.  At this point, you have introduced staging to your clients, had your stager meet with them, gone through the consultation/bid process and the work is completed.

Why is this the last step in the process?  Because now the house is READY TO SELL, or as close to it as you are going to get.  If you complete the staging process before placing a house on the market, you are able to take full advantage of the first 30 days of marketing by placing photos online of the house looking its absolute best.  These photos are critical, as online is where 80% of all potential buyers beging their home search.  If you photos do not show well or worse yet - do not exist- chances are those qualified buyers will move on to the next listing that does show well online.

Also, homes that have been staged show better in person, improving your chances that a buyer will make that ever important emotional connection upon entering the house.  Staging should take care of any first impression issues - if the seller is willing to remedy them.  This should also increase your ability to hold a successful open house - as the house is ready to be seen.

However you choose to market a property, staging makes that marketing more effective by giving you a show-worthy listing that you can be proud to sell

There is no reason,  however, that staging cannot be introduced later in the process.  It is just most effective when used first, so that you do not have to repeat any marketing efforts. 

Comments(6)

Don Fabrizio-Garcia
Fab Real Estate - Danbury, CT
Owner/Broker/Trainer - Fab Real Estate
Hi Kimberly - I agree completely.  Those first 30 days on the market are crucial, and the home must show its best during this time.  This is a great reminder that staging before the home goes on the market also allows you to use the best photos of the home online.
Jan 25, 2007 01:20 AM
FRANK LL0SA Esq.- Northern Virginia Broker .:. FranklyRealty.com
Northern Virginia Homes - FRANKLY REAL ESTATE Inc - Arlington, VA

So who pays for the stager? The home owner or the Realtor? Seems to me like the seller will expect the Realtor to eat the fee or bundle it with their commission.

What do you recommend? 

Frank Borges LL0SA- Virginia Broker/ Owner FranklyRealty.com

Blog.FranklyRealty.com Featured in BusinessWeek, CNBC, WSJ etc.

                     


Jan 25, 2007 01:22 AM
Kimberly Wester
Valparaiso, IN

Don- Thank you. 

Frank-Generally, the Realtor will pay for the consultation and the seller will pay for any additional services, though that is not a hard and fast rule.  If you are paying for the consultation, I belive it is paid out as part of your marketing budget. I have one realtor who pays for every consultation automatically, while another only pays at a higher listing percentage.  I even have one who has managed to get every single one of her clients to pay for it.  I have heard tales of agents who pay 100% of the staging costs and get reimbursed at closing. It is your decision how much you are willing to invest to get a better result for you clients.

Jan 25, 2007 01:32 AM
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX
Real Estate Agents
I have learnt to do things RIGHT for the first time.... Hard place to learn this - my own home when the right tools werent in the right place in the first place. Then "I" lost all the opportunities that came by. Oh well, we learn and live.
Jan 25, 2007 01:52 AM
FRANK LL0SA Esq.- Northern Virginia Broker .:. FranklyRealty.com
Northern Virginia Homes - FRANKLY REAL ESTATE Inc - Arlington, VA

Well I didn't mean the part about $10,000 in rehab work that a stager might recommend and help do, I'm talking about the other stuff that you all do. The stuff that ranges from $500- $3,000

 

As for paying for it and getting reimbursed at closing, that is a great idea. Many home sellers might be buying a home and can't afford to put down any cash outlay before selling     

Jan 25, 2007 02:38 AM
Kimberly Wester
Valparaiso, IN

Frank- 

The $10,000 in rehab is not typical.  That is good for tv, but rarely happens in real life.  I have had clients spend up to $16,000, but that was a high end listing that looked like a low end listing.  The sellers knew they needed to do some work (the house had been on the market for 15 months with little interest and an unmotivated agent) and that is what they called me in for.  They just wanted to do what was most effective within that budget and even did some things that I did not recommend, because I thought it was a bit too much.

Generally, that type of renovation is personalization, therefore falls to the buyer to change. A good stager can help you spend the least for the biggest impact.

Jan 25, 2007 02:44 AM