Sculptures, paintings and other pieces of art can add to a home’s luxury. Photo courtesy of Ilya Estate Photography.Check out this great article I recently read in the Arizona Daily Star, entitled "Home, art inside are both for sale." I think the sellers in this article are onto something pretty smart by joining forces with a local art museum to sell their property.

Author Christie Smythe points out that showing art in a home can be beneficial for both the artists and the home sellers. Beautiful paintings, sculptures and other pieces of art can add something special to a home that makes it more memorable to potential buyers. Plus, the artists receive exposure to new viewers and their works of art are sold with the house.

This takes home staging to a whole new level. Ordinarily, a staged home isn't sold in the condition in which it is first shown to buyers. But in this case, all of the art will stay with the house when it is purchased. That's a pretty novel idea, I think. This is a smart solution because both art and real-estate markets in many parts of the United States are falling on hard times at the moment. Perhaps by joining forces, these two industries can prove that the whole is greater than the sum of its parts.

The photo above is courtesy of Ilya Estate Photography.

Barbara Stahura, a talented freelance writer, brought this article to my attention. She recently interviewed John Brian Losh, the CEO/Publisher of LuxuryRealEstate.com, for an article she's writing on "green" luxury homes for an upcoming issue of Steinway & Sons Magazine.

 
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2 Comments on Estate of the art: Combine art and luxury real estate

JUN
14
2008
160,161 Points 15 Featured Posts Outside Blog

For luxury and high end homes this is a great option and yes, I can see this being another marketing tool in a savvy seller's arsenal Robert.  Even with investors I work with in lower price points I am trying to get them to see the value in purchasing some items to sell with the property. There have been many occassions where buyers want to purchase my items but I don't sell my props however, we do shop for clients and these items can be written into the contract.

You should post this in the Stage it Forward group, I'm sure you'll hear from many a home stager who has done similiar jobs or have considered it. I found your blog through my google alerts otherwise would have never seen it and it's something to share.

9:25am • #1
JUN
18
2008
126,028 Points 5 Featured Posts Localism Sponsor Outside Blog

Robert, I like the idea of including art with the sale.  Particularly in the case of our recreational listings, we see an increasing number of sellers who include furnishings. 

This is also a clever way to co-op with an area gallery, or even to feature the work of a popular local artist as a "draw".

11:04am • #2

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Robert Lockard

Seattle, WA

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Luxury Real Estate

Address: 2110 Western Ave., Seattle, WA, 98121

Office Phone: (800) 488-4066 x 856

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My personal thoughts on luxury real estate, technology, news media and a variety of other related topics and trends. I also maintain the Luxury Real Estate Blog on LuxuryRealEstate.com.


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