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And Now For Something Completely Different...Buying The Furniture vs. Rental Fees

By
Home Stager with Staged 2 Sell New York & Long Island
Circa 1600 houseI recently staged a vacant Circa 1600's house on the North Shore of Long Island.  Although I worked up a detailed proposal for rental furniture befitting that style of home, the owner/investor opted to purchase the furniture instead of paying the approximately $1200 per month rental fees for living room, bedroom, kitchen and library furniture.

I must tell you that I was somewhat skeptical as to what it would cost to buy all of that furniture, but I had a rare afternoon of ‘freedom' and was excited to see if we could pull this off! 

The client and I went to a long ‘corridor' of furniture stores which is located here on Long Island.  We began our search at "Raymour and Flanagans", but found that the furniture on display was not appropriate for this type of home and it was a little 'pricey'.  We went to Bob's Discount Furniture and ‘hit a home run'!  We found an 8 piece bedroom set complete with queen sized sleigh bed for $999; a 7 piece living room ensemble (with 2 Tiffany-styled lamps) for $1499, and a kitchen table (marble and glass) with 4 wrought iron chairs for $499.  All that we needed was a loveseat and chair for the library. 

While my client was handling the financial and delivery portion of the sale, I went out to other stores in search of an appropriate loveseat and upholstered chair.  It was quite by accident that I discovered a perfect chair as I was leaving the first store.  It was marked down to $399, it was striped and I loved it!  I made a note of the style number and price and drove to a furniture store called "The Place".  I was approached by a saleswoman who proved to be very helpful in narrowing down the choices to those items that fit my needs.  I don't think that it took more than 5 minutes to find exactly what I was looking for.  I called my client who had just left "Bob's" and asked him to come over and look at the loveseat.

When my client saw the loveseat, he eagerly approved and paid the $379 that it was marked down to.  Since the ensemble contained 2 striped pillows that looked very much like the fabric of that $399 chair, I asked if we could take one of the pillows with us.  The saleslady said that it would be fine, and when the order paperwork was complete, the client and I drove over to the store where I had discovered the chair.  As soon as we walked in, I could see that it was a perfect match, and so that became the final purchase of the day.

All totaled, with delivery and tax, my client spent approximately $4500 and the furniture is his to use in other houses.  It took us about 2 hours to chose and buy all of the furniture.

Since my design tastes always ran toward traditional, I had plenty of accessories of my own that would be perfect for this house.  I also had 8 chairs that I ‘rescued' from a Chinese Restaurant that was being demolished.  Once they were reconditioned and recovered, they were just what I needed for the dining room.  There was only one ‘glitch' with the newly purchased furnishings and that was because the doorway to the library was very narrow and the loveseat would not fit through it.  I had an antique loveseat in my possession that I no longer use, and even though it wasn't what I originally wanted in that room, it still worked AND it fit through the doorway!  We actually ended up using the loveseat in a ‘family room' located off the kitchen.  It was never my intention to stage that room, however once the loveseat was placed there, I just had to give the room a complete staging!  I needed to ‘borrow' quite a few things from my own home, but the room really came together and actually became one of my favorite rooms in the house!

Here are some Before and After photos - the last picture is from the 'family room':

Staged 2 Sell NY specializes in Vacant House Staging.  Call today and let us 'set the stage' for your successful sale!

Comments(52)

Michael Eisenberg
eXp Realty - Bellingham, WA
Bellingham Real Estate Guy
Sounds like a fun project for you and one that worked out well and will surely be a great investment for the seller
Mar 17, 2008 10:00 AM
Greg Adelman
Midwest Home Center - Saint Croix Falls, WI
Val a great blog since I have a model home and am told to put furniture in it and you have made the decision for me after I read this.
Mar 17, 2008 10:12 AM
Christy Powers
Keller Williams Coastal Area Partners - Pooler, GA
Pooler, Savannah Real Estate Agent
The pictures are incredible. It's funny how you expect a certain style of furniture in a house when you see the outside. It looked great!
Mar 17, 2008 10:28 AM
Kathy Riggle
STAGING SMART N SOLD - Houston, TX
Houston Home Staging

Hi Val-

You got some fantastic furniture buys! Did you get a decorator's discount where you shopped? I wish I could get those deals here!

Kathy

Mar 17, 2008 11:16 AM
Patricia Beck
RE/MAX Properties, Inc., ABR, GRI, SRES - Colorado Springs, CO
Colorado Springs Realty

I think it is often cheaper to buy the furniture than rent it!  You did such a great job staging the home Val, it look great!  Wow!

Mar 17, 2008 12:15 PM
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News
The home looks great and what a great idea to buy instead of rent furniture.  Can have loads of future use and save thousands in rental fees.
Mar 17, 2008 01:22 PM
Anonymous
Anonymous
Congrats on a day of success!  :)
Mar 17, 2008 02:18 PM
#39
Wayne B. Pruner
Oregon First - Tigard, OR
Tigard Oregon Homes for Sale, Realtor, GRI
Getting paid to go shopping! What a deal! Nice job, it looks great.
Mar 17, 2008 02:45 PM
Gary Bolen
McCall Realty - South Lake Tahoe, CA
CRS - Lake Tahoe Real Estate Information

You made it look so much better. Really nice job, and looks like you do know how to shop. This would be a great piece for you to show the next time the situation comes up.

best 

Mar 17, 2008 03:26 PM
Wendy Casey
A-List Home Staging & Decor - Surrey, BC

We are working with a homeowner who is purchasing, also. The shopping hours have been adding up, but it is still going to be a time saver when we don't have to de-stage! Also a money saver for the client, since rentals can be so expensive. Thanks for sharing your staging photos...Congrats on a great job!

Wendy Casey - Vancouver, BC

Mar 17, 2008 05:18 PM
Lisa Sherman
Interior Aura - Salem, OR
Home Stager, Interior, Redesign & Decorating - Salem Oregon
This is a great option for builders/investors who have a subdivision.  They own the furnishings for use in the next home and aren't just renting furnishings.  My first job was for a builder who hired me to stage a home for the local associtation tour of homes.  Following the week long tour, the home became a model home for the subdivision.  When the home sold, he called and had me stage the furnishings in the another home as the new model for the subdivision.  Great repeat business!
Mar 17, 2008 05:21 PM
Robert Machado
HomePointe Property Management, CRMC - Sacramento, CA
CPM MPM - Property Manager and Property Management
I am not a great fan of staging, but you did a great job!
Mar 17, 2008 05:37 PM
Joe Hayden Real Estate Team
RE/MAX Properties East - Louisville, KY
Your Louisville Real Estate Experts!

What a nice old house!!

Ironic that I just had this same conversation about the benefits of buying the furniture vs. renting with a local stager today.  Renting can really pile on the expenses, especially for niche housing that may sit for a while.  Buying, if you can work it financially, can pay for itself with just a few transactions for the savvy investor.

Mar 17, 2008 05:49 PM
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com
Very nice pictures.  It definetly made an improvement in the homes looks 
Mar 17, 2008 10:12 PM
Julea Joseph
Reinventing Space - Chicago, IL
Julea Joseph House Stager - Reinventing Space

Val,

I've been doing this for years - Give those client options.  I do not carry furniture stock, so I offer them both rental (Brook,) or purchase.  I'm very lucky to live in a city that has offerings in both arenas.  Rental is great because it's super quick, and leaves no end strings. Purchase is great because its tangible goods. 

Mar 18, 2008 01:03 AM
Diane Bell, Hilton Head Real Estate, Bluffton
Charter 1 Real Estate, Hilton Head, Bluffton, SC - Hilton Head Island, SC
The striped chair looks lovely sitting by the fireplace.  You did a great job for your client.
Mar 18, 2008 03:47 AM
Maggie Kent
Front Door Interiors - Bethel, CT

Hi Val...congratulations!  In the metro NY area, we certainly have our fill of intermediate or value priced furniture stores.  I offer this option to the homeowners as well and have a blast shopping for the day!  Your choices were spot on...

So in your estimation, your home seller paid about what per month (instead of the $1200/mo from rental?)  This number will be great as a marketing tool down the line.  Great job, Maggie

 

Mar 18, 2008 04:52 AM
Jim Fischetti
The Fischetti Group/Keller Williams - Wake Forest, NC
Outstanding job, it really looks awesome. Another shining example of why a great stager is a vital part of the sales team.
Mar 18, 2008 08:08 AM
Phyllis Pafumi
ReStyled to Sell Home Staging New Jersey - Old Bridge, NJ
ReStyled to Sell Staging Homes NJ

Val you truly are the queen of vacants and now you have come up with this great option and great finds at Bob's no less, this house looks awesome. Keep us informed to the sale.

Phyllis Pafumi

Apr 02, 2008 02:27 PM
Julianna Hind
eXp Realty - Tacoma, WA
REALTOR, 206-679-4768, Tacoma Federal Way, Auburn, Kent, WA
Terrific job Val, it looks wonderful! Best wishes on the sale!
Apr 02, 2008 05:51 PM