This post is an add on to the last two posts I wrote about purchasing furniture vs renting furniture and growing your inventory. I have had a lot of great feed back from those blogs but also a lot of questions about rental companies, their terms and their selection.

I think it is important first to discuss the relationship that stagers can form with rental companies and how it can help them to grow their businesses. The first step is to define what your needs are. I personally do not own my own furniture. I rely on my rental companies to provide the furniture, deliver the furniture and warehouse the furniture. In my business plan, I am not a rental furniture company- my job is the stage the house and their job is to provide the furniture. I then do no have the costs associated with dealing the with furniture.

That being said, the rental company that I use respects my role as a stager and is ONLY a rental company. They do not try to be a staging company. In all honesty staging accounts for less than 1% of their business. Before the staging boom rental companies mostly provided furniture to commercial office spaces, apartment communities and event planners- not the residential market that we stage.

The rental companies that I work with gets phone calls from Realtors and Home sellers looking to stage their homes themselves and avoid having to hire a stager. My rental company is completely upfront with those clients that they are happy to provide the furniture but they do not stage homes and do not have the sales people that can come out to their home and give them an estimate to stage it. THEIR SALES PEOPLE MAKE MORE $$ GOING ON APPOINTMENTS WITH CORPORATIONS THAN WITH HOME SELLERS. They often recommend that the people hire a stager to assist them. The rental company respects our business and does not want to bite the hand that feeds it (even though we are a small % of their biz)

As a small business owner I value this relationship and know that my salesperson will do all that they can to help me to service my clients. They want me to succeed- it is in their best interest, I AM AN UNPAID SALESPERSON FOR THEM!!!

As you may know our firm has stagers in 13 states along the East Coast and we are all experiencing different relationships with rental companies. In some areas I am also seeing the OPPOSITE from other rental companies. Some rental companies are advertising that they will stage your home! I know this may seem hard for some stagers to comprehend. How can a salesperson that is not trained to be a stager and does not have a design background or understand the marketing and selling of home stage a home?

The bottom line is that the smaller rental companies see staging as an opportunity to make $$ themselves and business is business. Last week I went on an estimate for a client and she told me that a rental company called her directly, made an appointment with her, came to her home and showed her a book of homes they had staged. She said that the rep told her not to hire a stager but to just select one of the rooms in the picture and that they would deliver and set it up for her. The client called me to tell me this and then hired them so she did not have to pay me for my time.

What do I think of this? Clearly I am disappointed. I can not compete with their marketing budget and their millions of dollars of inventory. My Realtors have told me that they have blanketed their offices with brochures selling their staging services and have even spoken to Realtors at the ASP Staging classes!!!

I feel that what I do to market and sell a home is different than just ordering a color by number room. I research the market, I understand the demographics of the area, and the target buyer. I form a relationship with the client and try to help them through the moving process. I am concerned with them getting more equity out of their home. I am confident that even with rental companies pursuing staging that my business will still grow. What I do as a stager is far different that what they are doing and the Realtors and sellers that I work with will see value in our services.

The thought for the day is how do we as an industry address this issue? For some the answer will be to only use their own furniture, for others like myself the answer is to use rental companies that respect our business model and relationship, for others (I HAVE DONE THIS) you can lie about the name of the clients so the rental company does not poach them, for others you can try to work for them as in house stagers (some of my stagers have done this)

I value my relationship with my rental company and could not do my job without them. They in turn offer my company opportunities to speak about staging, to work with their clients interested in staging, and to grow my business.

Please note that I have not named names, nor will I name names, but do the research and you will see what I am talking about. Any ideas of where we go from here? What will the future of this industry bring?

 
Post is included in group: Stage It Forward...
Post is included in group: Staging Secrets

15 Comments on Home Staging 101: Working with Furniture Rental Companies-what is the future?

MAR
07
2007
185,803 Points 68 Featured Posts Outside Blog

Kate...

This is a world where business will WHORE themselves for a buck. RENTAL companies see "staging" as a quick buck. They want to line there pockets with cash and they could care less about helping the Realtor OR the seller sell.

Stagers want to create homes that appeal and sell. PERIOD! THAT IS OUR INDUSTRY's PURPOSE AND MISSION!

Here in Chicago I have worked with 2 different rental companies that respect what we do. Most recently Brook Furniture Rental has BROUGHT staging opportunities to me... because they KNOW their role and RESPECT my role.

I applaud BROOK for its commitment to staging and the staging industry. THEY are partners not parasites.

Stage It Forward...

Me

6:02pm • #1
6 Featured Posts

I am an hour north of Boston and we don't have a rental company close by. The closest one charges $100. each way for delivery and pick-up. Is this what you pay for delivery, or is this high because I'm far from their office?

I have not heard of furniture companies offering staging. And hope I don't!!! 

Sue Argue 

7:27pm • #2
MAR
08
2007
6 Featured Posts
When I first began staging I went to at least 25 furniture stores here in Vancouver. Since the film industry is so big here, furniture stores can get away with charging 25% of the retail cost per week. So basically after a month you have paid what it would cost to buy the furniture. Fortunately one store said they would rent to me in 30 day intervals at 20% of the retail price. Now after exclusively using them for months they give me a much lower rate, allow me to select anything from the store, and do everything they can to help me out last minute as far as delivery and availability. Loyalty helps business grow.
12:10am • #3
135,815 Points 15 Featured Posts Outside Blog
Sue - The company that I work with charges $250 which includes set up and delivery.  I think people should also know that the rates on the furniture rental websites usually is for a 6mo rental.  If you want a shorter term there is a 30% increase in the rate. 
11:52am • #4
MAR
09
2007

The service that you receive from the rental companies varies drastically from area to area.  In our area, the rental company mentioned here does compete with us while maintaining that they want our business.  I have actually crossed paths with my "rep" at initial meetings with prospective clients.  I don't see how they can not see this as a conflict of interest, but I guess that is why very, very few Stagers work with them.

And yet I hear from other Stagers in other areas that they get great service from the company that we here in Los Angeles get no service from and they get little or no service from the same company that provides us with excellent service here.

I think you just need to be diligent, find the company that has the product, pricing and service you need and establish a relationship with someone there you can count on.

And yes, we pay $250 for the delivery and pick up, but the guys are great, they will give you as much help as you need getting the furniture set up.

8:30pm • #5
2 Featured Posts

Oh my stars, Kate.  I just about fell out of my chair reading your blog. To follow in your foot steps, I will not name names either as I have worked very hard to get where we are at and I certainly am in no position to jeopardize the friendships that I have made.

At the end of 2006, I sat down and figured out that my company had given a six figure amount to the local furniture rental company. I was traumatized!    Last year was a phenomenal year for staging in our area, but gosh - when I put all the numbers together - you can only imagine who walked away with all the profits - not me. 

We have a major furniture store and two other local furniture rental companies that have marketed their own "staging programs".  But I question and will continue to question the company that supposedly wants my business, but most assuredly goes after the same clientele that I do.  Either I am your client bringing you business or you're going after my business.   How can they profitably have it both ways?

Rental Company #1 offers stagers a 10% discount on a two month lease.  Two months being the minimum.  Delivery fees vary and are based on the amount of pieces being rented - from $100 to $250.00.  High rise buildings and new construction are quoted an additional $250. Customer service is pretty good and the delivery guys are wonderful to work with.  The team that I work with knows me well enough by now to know my idiosyncrasies & stupid requests.  (FYI - I get a 20% discount (sometimes).  This is also the company that I currently have over 3 dozen vacant homes staged with.  THAT IS ALOT OF $$).

Rental Company #2 offers stagers set lease price based on package.  This company has an interior designer that markets them as a home staging company.  Their delivery fees start at $250

Big Fancy Furniture  Store offers stagers a lease price based on the retail price of the furniture.  Some pieces are available, some are not.  However, they have an entire staff of designers that will do the staging themselves (at a fraction of the cost "real" stagers are quoted). 

What can we do? Strength in numbers, Kate.  Shell Brodnax continues to work on the idea of an all accreditation/certification association, that will help us unite.  It will be very difficult to have any clout if we continue to stand alone.  Home staging is still so very new and in some areas, very unheard of. It will probably be a new frontier that needs to be forged.  

For now, I will continue to honor the relationship that I have with Rental Company#1 and I'm sure I will continue giving them business.  However,  I have purchased a significant amount of furniture from a local guy who is just starting out and hungry for the business. 

9:50pm • #6
MAR
12
2007

I approached a furniture store for the purposes of seeing if I could acquire or rent furniture for home staging purposes.  The furniture store informed me that they themselves are now in the staging business and rent furniture for home staging purposes directly to the consumer.

It looks like quite a few businesses are taking advantage of this booming business and I don't blame them.  Home Staging is incredibly lucrative.  Not too long ago the same thing happened to realtors in our area with home owners selling their property privately with the help of companies willing to advertise and provide them with contracts.  Realtors lost business due to companies such as these and had to refocus their advertising on the attributes they could "bring to the table" that were different and more advanced than their competitors.

Therefore, home stagers must specify to their clients what they can offer that is above and beyond what furniture rental/store companies offer.  Mention the fact that demographic studies, types of colours, types of furniture etc. are all taken into account.  If you look at my site, under "in the media" there is an article I wrote there called "Using Psychology to Present your Home" which took alot of research to compile.  http://www.realtyshowcasing.com/files/psychology.doc.  Feel free to mention anything in this article to help you in your sales pitch.  It really shows the client that we are there for them; providing a service to ensure a quick sale at top dollar.

Anita Ericksen
5:27pm • #7
127,093 Points 5 Featured Posts Outside Blog

Hey Kate

I too believe in working with furniture rental companies and I love the one I work with. If I did not rent from a company I would be broke by now. How much furniture could one person own?? If you stage 10 vacants a month factor the costs of buying 10 LR set, 10 MBR sets, etc. and then storing and accessorizing?? Now until these come back you get another 10 the following month. You are talking big bucks!!

Business is like anything else. Respecting one another. We cannot all be in the same place at the same time. If I get a client that needs a home staged and I go to the rental companies that is one more client they many not have reached.

I agree with you wholeheartedly. Continued success and I think that you and I use the same company so I can agree that they are awesome

Phyllis Pafumi

6:57pm • #8
MAR
20
2007

I'm a new stager and I cringe when I submit a bid to stage a large vacant home because the rental furniture costs are in the hundreds a month.  Short of owning this stuff, which many of us agree is impossible, ya gotta rent, right?  But, how can stagers who do not own all the furniture, compete with stagers who do?

Has anyone heard of any area where stagers have formed a co-op where they purchase furniture together to drive rental costs down?  I know if Portland, OR stagers barely speak to one another, unless you happen to have gone through the same training.  I'd love to see more comraderie, but for some reason, stagers here are very closed lipped about their fees or how they approach their business.

Kathleen 

kathleen cochrun
7:06pm • #9
MAR
21
2007
2 Featured Posts
Kate -- Thank you for writing such an informative and helpful blog.  Thanks to you and Craig, I am now rethinking my decision to never work with rental furniture companies! 
9:27pm • #10
MAR
23
2007
1 Featured Post

This is a response to furniture rental companies and what they are doing to perhaps help us stagers. I only really have to resources in Central Florida, they are Cort and Aaron's. I prefer Cort however after telling Aaron's that I have heard mostly negative experiences with their professionalism, furniture appearance and the like the salesperson let me in on something new. Aaron's is apparently changing part of their image as a corporate rental company to a more Stager-friendly company\

Starting in about 3 weeks, the closest Aaron's location to my home is having an early morning meet and greet session with local area stagers. The purpose is to present their latest unveiling of a new line of staging furniture. From what I have been told it appears that the furniture will only be used by stagers therefore minimizing the damage done to the items and what's more is they will provide a minimum 2 MONTHS contract instead of the usual 3. I have to find out more and plan on attending the session but I wanted to provide a head's up.

11:42am • #11
MAY
03
2007

Karla, I am a stager in Orlando and was at the April meeting at Aaron's on 436 and 50, though  I'm not sure if I met you there or not.  I have had good results working with Aaron's, though I admit I was skeptical at first too.  I've staged three properties in the last month with their furniture, and while I wish they had more selection, they have been nice to work with and have always delivered furniture in new or nearly new condition, as they promise. I typically work with Heather Seijas, and she's great. 

Hope this helps.  

8:42pm • #12
JUL
25
2007

Hello, This is a question about staging prices, I am an interior designer in California central coast. I love staging and would love to offer that service. I would be so delighted if you could lend some advise, about pricing. How do you charge, by the job, by the hour. What determines your price? I would greatly appreciate your help, or anyone who is a stager. Please help I am am not sure how to charge. my email is royalhomeandbody@yahoo.com

     I would greatly appreciate anyones help.

                                                                                              

Shannon
4:02pm • #13
MAY
12
2008

Hello.  I'm new to joining a blog.  I'm also new to Asheville, NC. I moved here 4 months ago from New York.  I have a degree in interior design and have worked at furniture dealers for over twenty years, specializing in office interiors.   I am very interested in becoming a home stager in this area.  Asheville is growing leaps and bounds and my realtor told me she is often asked if she knows of rental companies or stagers.  The only rental company in this area is Aarons.  I haven't spoken to them yet.  Can you offer me any tips on pricing.  I would greatly appreciate any advice on how to pursue this career.  I am fortunate in that I have a large double car garage when I can store furniture and accessories.  Thank you. jamieannroper@aol.com

10:42am • #14
MAY
17
2008
132,797 Points 12 Featured Posts Outside Blog

Kate: I have a warehouse full of accessories, lamps, plants and artwork, but I rent all larger pieces of furniture from Brook. I am very lucky to have a wonderful group to work with there. They are adamant that they are not stagers, that they don't want to be stagers. Last year I spent a ton of money with them, but they give me great customer service, the furniture is always in great shape, I have lots of styles to choose from, and using them allows me to stage more homes than I would be able to stage on my own with my own inventory. Warehouse space is astronomical here in Los Angeles. I'm not sure I would be any more profitable if I had to have a large enough warehouse to accomodate all the furniture I would need to own to cover our needs.

12:15am • #15

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Kate Hart

Radnor, PA

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