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In today's market, it is important for sellers and RE agents alike to realize that standard marketing techniques are no longer sufficient when selling any property. In days past, an MLS listing and a few marketing avenues would do the trick to get buyers in the door.  However, with so much competition on the market, that just isn't enough anymore.

Today's buyer is much more savvy than in days past.  With the onslaught of staging and real estate shows, buyers are learning they should have certain expectations when searching for a future home.  Should those expectations not be met, they will move on to the next property until they find one that satisfies them. With that reality, sellers and their agents need to become even more savvy in the ways of marketing their homes effectively.

They must take the step of emotionally divesting themselves from the property and see it only as a house.  When they are able to view it in this way, then the non-emotional objectivity will help them to develop the property as a product - available for sale to the mases.

To illustrate this point, I have taken the definition of these words from the dictionary:

 HOME
1 a: one's place of residence : domicile b: house2: the social unit formed by a family living together3 a: a familiar or usual setting : congenial environment; also : the focus of one's domestic attention <home is where the heart is> b: habitat 

- at home 1: relaxed and comfortable : at ease <felt completely at home on the stage>2: in harmony with the surroundings.

With this definition, it would stand to reason that a HOME would be a place of emotional attachment. The place where memories are made and kept, a place of safety and joy, a place of security. 

In this case, the home bears a significant meaning for the family and usually has been customized in decor and function to meet the specific needs therein. Understandably, when a home is in this condition, it will hold great appeal for the seller but may not hold the same for someone who is viewing it for the first time and is not privy to the memories that have created such a great attachment.

 

HOUSE
1: a building that serves as living quarters for one or a few families

When a seller has has achieved some level of detachment from their home and can view it as others may see it, it becomes easier for them to make the necessary changes that will present it as a HOUSE - a place where anyone can live, not just the current residents. Once this emotional change occurs, they are one step closer to taking advantage of what staging can do for them - market their house as a product.

 

 

 

PRODUCT
(1): something produced; especially : commodity 1 (2): something (as a service) that is marketed or sold as a commodity b: something resulting from or necessarily following from a set of conditions <a product of his environment>

Staging is the process of preparing your home for the real estate market in a way that will appeal to the widest range of potential buyers by creating a universally acceptable package which draws attention to the best of the property while making the most of its flaws.  In other words, it packages it as a product.

A home is transformed into a house that people can not only envision themselves living in, but will also want to buy.  It is not intended to trick them into buying something that is not right for them, but to show them that with the proper usage, it can work for them. 

Staging will not make a property mortgage worthy to EVERY buyer, but it can make it worthy to MORE buyers. That is the basic premise of staging - to assist sellers in turning their home into their house so that it becomes a marketable product for their agent to get it sold!  It is a win-win-win proposition for all involved.

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If you live in Northwest Indiana and want to learn more about the benefits of staging your house for the real estate market, contact Kimberly Wester at 219-241-7252 or email at kim@detailsstagingandredesign.com.

Visit www.detailsstagingandredesign.com for more information.

 

 
This post has been included in Indiana Information Porter County, IN Information Valparaiso, IN Information
Post is included in group: Realtors®
Post is included in group: Indiana Real Estate Professionals
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Post is included in group: Stage It Forward...
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20 Comments on A HOME is Where You Live. A HOUSE is What You Sell. A PRODUCT is What People Buy.

Your title said it all!  But I enjoyed all the other words too!  Well said!!!

Susan

04/24/2008 05:22 PM by Susan Smith, Rooms That Work (Rooms That Work)


Kimberly, You need to put together a Stagers Dictionary. Home, House, Product, In this case all the same object but very different meanings.  Guess it all has to do with your current view.

04/25/2008 08:36 AM by Gary Barnett Home Matters, Home Stagers, Indianapolis (Home Matters)


Great post, I just hung up the phone with someone after a discussion over staging.  My home is for sale and I am in the process of attempting to "self stage" and he thinks I am crazy...I will have to show him this post, thanx

04/25/2008 09:09 AM by PATRICE BRICE (PB APPRAISALS)


Awesome post, Kimberly.  Thanks for clarifying the differences for everyone.  You can't argue with those definitions!  =)

04/25/2008 09:13 AM by Abby Reilly; NW Atlanta Home Stager (ALR Home Staging and Showcasing, LLC)


Susan - Thanks. Glad you are back!

Connie - Yep, you could have! Thank you.

Sharon - Thank you. :)

Kathleen - What a coincidence!  Mine, too!

04/25/2008 07:16 PM by Kimberly Wester - NW Indiana Stager (Details Staging and Redesign)


Kimberley - Thank you!

Gary - What a novel idea!  I think I will get on that... :P 

Andrea - Thanks!

Patrice - Good luck to you!  If you do it right, that guy will have to eat his hat - so I'm pulling for you!

04/25/2008 07:19 PM by Kimberly Wester - NW Indiana Stager (Details Staging and Redesign)


Abby - Oh, I'm sure someone will argue. ;)

Kristi - Thank you  I'm glad you enjoyed it. It has been a while since I have blogged regularly - I'm feelin' a bit rusty!

04/25/2008 07:21 PM by Kimberly Wester - NW Indiana Stager (Details Staging and Redesign)


Kim - I love your definitions!  It is a perfect way to explain exactly what buyers need to wrap their head around!  I think I'll start using these definitions as a way to help get my point across!

04/25/2008 07:59 PM by Judy Heinrich - Richmond VA Home Staging (Judy Heinrich Home Staging, LLC)


Judy -Thanks!  This is how I have been explaining staging for quite some time now, but it never occured to me to blog about it - DUH!! I have found it to be beneficial.  I hope you do, too!

04/26/2008 08:11 AM by Kimberly Wester - NW Indiana Stager (Details Staging and Redesign)


This is what I teach the Realtors in their continuing education classes with Kaplan Professional School. And we talk about packaging the product, appearance, marketing, staging part of the process of separation for the client.....

04/26/2008 08:18 AM by Kathleen Lordbock- HSE,RESA,SEA,SD ~Minnesota Home Stager~ (Re$ale Design & Home Staging)


Well, Kathleen, that's because great minds think alike, right?  ;)

04/26/2008 08:37 AM by Kimberly Wester - NW Indiana Stager (Details Staging and Redesign)


Excellent points, Kimberly!  It's amazing to me how many people cant seem to get this concept.

04/26/2008 10:11 AM by Clint Miller - www.recr.com (Real Estate Client Referrals LLC)


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Home Stager: Kimberly Wester - NW Indiana Stager (Details Staging and Redesign)
Kimberly Wester - NW Indiana Stager
Valparaiso, IN
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Details Staging and Redesign

Office Phone: (219) 241-7252
Cell Phone: (219) 241-7252
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Kimberly Wester's experiences, views and tutorials on staging in the real estate industry, with a focus on educating the RE industry on the benefits of home staging and bringing the staging community together under a united message.
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