For those who are looking to sell a "Vacant" or Newly Constructed House, here in New York and on Long Island, here is some pertinent information regarding Home Staging and Rental furniture vs. Purchased home furnishings:

When I visit a newly constructed or vacant house for the purpose of providing a proposal for staging with rented furniture, I begin by touring the house and taking pictures of the rooms that need to be staged.  Normally, only the impact rooms (Entry, Living Room, Dining Room, Kitchen and Great Room or Family Room) need to be furnished in order for buyers to see the purpose and potential of each room and have a point of reference as to what size furnishings the room can hold.  In the case of older houses, however, many times the bedrooms are very small and it is difficult to visualize the size and amount of furniture that the room can hold.  In those cases, I always suggest that at least the Master Bedroom be staged with a Queen-sized bed and dresser or chest of drawers.  As you can see in the photo below of a house that I staged in Oyster Bay, LI, a staged room actually shows larger than if left empty!

Master Bedroom before staging in Oyster Bay Cove Long Island New York by Staged 2 Sell New York

Oyster Bay Cove, Long Island, Master Bedroom after staging by Staged 2 Sell NY

Once I return to the office, I download the photos and begin planning what each room will require in order to highlight the architecture and focal points of the space.   A lot of care and thought go into this process; not only do I need to choose unique and appropriate furnishings, but I need to be mindful of the cost for each.  I am able to ‘shop' for the most competitive pricing because I work with all three big rental companies in the tri-state area.

When all the necessary furnishings have been chosen, I present the client with a written proposal which details each piece of furniture and the monthly rental cost per item.  State tax and Damage Waiver fees are added to the overall monthly fee, as well as a one-time delivery/set up/pick up fee.  The total monthly cost to rent furniture is usually a bit of a jolt for most clients because they find it hard to believe how all those small ‘per item' monthly rental fees can add up!

I realize that the monthly furniture rental fees might have a little bit of 'sticker shock' for some people, and that is understandable. The good news is that the rental fees are paid on a monthly basis and can be charged to a major credit card. What I ask my clients to take into consideration is what the overall investment will be and then to think about how much the first, or next price reduction on the house will be (not to mention that after the first few weeks on the market, a house becomes 'market worn' and will receive fewer showings by other agents).

Then I ask them to consider this:  More than 80% of today's home buyers start their search online and if the photos depict empty rooms, or even worse show only exterior pictures of a house, chances are that the viewer will move on to the next listing.  The most memorable houses are those that make an eye-catching impression which entices buyers' interest. Staged rooms help buyers to visualize the true potential of the house.  When buyers tour the house, rooms that are strategically furnished help them to connect to the home on a personal and emotional level; they will remember that house throughout the home searching process.  Remember that once a potential buyer has toured a home and has not made the necessary connection to it, you have lost that 'audience'....they will not come back again because they have already formed a negative opinion.

The newly constructed houses of today's market offer all kinds of amenities and quality craftsmanship and yet they are difficult to sell...just look at how many there are on MLS in Nassau and Suffolk Counties here on Long Island

When a vacant, newly constructed house is staged, potential buyers are more apt to connect to the home on a more personal level; they can actually envision themselves living there!  As part of my staging, I always include specific 'props' for different rooms, such as an open book with a pair of reading glasses perched on top and strategically placed on a coffee table in the family room...or faux vegetables in a bowl next to an open cookbook in the 'prep' area of the kitchen...or an 'interrupted' game of Scrabble in the den.  Without being too 'viewer specific' (everyone prepares meals, plays games and reads books), I want the buyers to see that this could be 'their' room...'their' HOME!  It is that connection that will ultimately sell your house!

When it comes to the builders, if the idea of spending a few thousand dollars on rental furniture does not strike them as a good business investment, I tell them that perhaps they might want to consider doing what some other Long Island builders have done, and that is to buy the furniture and then either reuse it in other models or sell it with the house (quite often the buyer loves the way the room looks and asks if they can purchase some, or all of the furniture).  The overall cost to purchase the furnishings usually works out to be in the same ballpark as 3 months rental fees for the same amount of furniture and accessories.

Val Allocco, a certified (HSE), professional Home Stager, is the founder & owner of Staged 2 Sell NY which was established in early 2006 and serves all of Long Island (Nassau and Suffolk Counties) as well as the boroughs of Brooklyn and Queens.  She is also the Metro New York Chapter President of ASHSR (American Society of Home Stagers and Redesigners).

Val has taught Adult Education courses on "Staging Your Home To Sell" and has also been a featured speaker at numerous Home Selling Seminars on, and around, Long Island.  She is available for seminars and other real estate related presentations and can be reached at 516-982-2671.

Please visit www.staged2sellny.com for more information and examples of our work.

 
This post has been included in New York Information
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17 Comments on Home Staging: Rental vs. Purchased Furnishings for Vacant and Newly Constructed Houses by Staged 2 Sell New York & Long Island

SEP
08
2008

Nice post. Thanks for sharing. Good luck in your business.

10:30am • #1
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Now THAT is a bedroom that I'd enjoy waking up in! If I were looking at that room, and had the opportunity to purchase it "as is", I would. Sellers might benefit (with longer marketing times) by buying furniture- but either way, getting a room to look like THAT works for any seller.

12:53pm • #2

All very good points.  And so much more reasonable than having a designer.

2:06pm • #3
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Val, You did a fabulous job on the bedrrom, it looks lovely.  I know some of the new construction here is on the market for a long time, it would make sense for builders to purchase items which they can always reuse for another unit.

2:40pm • #4

Thanks, Val. Your pricing info  (3 months rental fees approximately equals the cost to purchase) works out just the way I have been quoting. The only other thing is the shopping fee...how do you noramlly charge for your shopping time? I appreciate you sharing your experience with us.

Wendy Casey - Surrey, BC

3:59pm • #5
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Jim - I appreciate your kind words and thanks for stopping by!

Laurie - it actually is the Master Bedroom of a Circa 1615 house in Oyster Bay Cove.  While the house is HUGE, they did build the rooms much smaller in those days!  It never ceases to amaze me how a really small room can appear so much larger when the furniture is scaled to fit the room.

The only time that I would ever recommend that a seller of a vacant purchase furnishings would be if they could actually use the items in their next or new home.  For the builder who builds more than one house at a time, I believe that it's more cost-effective to own and recycle.

A staged room, when properly created, should have potential buyers positively 'swooning'!  That's how they fall in love with the house...one room at a time!

Gail - I'm certainly not 'anti-designer' because they create wonders for homeowners.  It's just that Home Staging is the complete opposite of Interior Design because a 'decorated or designed' house is based upon the owner's taste and likes.  Home Staging is based on creating rooms that will appeal to many, and thus they are not 'taste specific'.  But I know that you already knew that!! :)

Carole - from your lips to all the Long Island builders' ears!  Wanna be my "P.R." guru too?! ;)

Wendy - when I first went to visit this particular builder's vacant back in April, it was actually the much larger version of the house that I ended up staging.  He was adamant that he did not want to use rental furniture and wanted me to shop and see what I could find within an $8500 price range.  I explained that I charged by the hour for shopping, and I actually ended up shopping for a lot more than the 5 hours that I billed him for.  I took digital photos of all the pieces that I chose, right down to area rugs and artwork.  I e-mail those to him and included the prices for each.  At that time, I came in a little under $8500, but explained that the prices did not include delivery or tax.

I did not hear from the builder until 4 months later, so I was glad that I DID get paid for the shopping.  I am sure that you have had similar experiences to those of us who have 'spun our wheels' viewing a house, taking pictures, choosing furniture and preparing a proposal only to never hear from the client again or be told that the rental furniture is too expensive!  All that work and not a dime do we see, right?

So, what happened was that almost all of the furniture & accessories that I had chosen 4 months earlier were gone!  I was back to square one and had to shop all over again..it took me 2 days and I did not charge for that because I was staging the house.  By the way, he also had been quoted my old staging fee and so I had to honor that!

Isn't it so much fun to be a Home Stager?!  It's no wonder that so many people are jumping on the 'Staging Wagon' to unleash their creativity....because it sounds like such a FUN thing to do! (tongue in cheek here - wink!)

Best wishes for much success with your business!

Val

4:28pm • #6
SEP
09
2008
15 Featured Posts

And I have missed being here and staying connected with all my 'old' friends like you, Cindy!  I hope all is going well for you....

Val

8:57am • #8
SEP
10
2008

In regards to Val's comment about honoring the price of her original staging quote - I have a clause o my quote that states the price is only good for 30 days from the date given. That way they have some sort of push to make a commitment. Too bad about all the extra shopping. I used to think that that would be so much fun, but it really is a lot of work.

11:00pm • #9
SEP
11
2008

Val,

I certainly wasn't slamming Interior Designers and am sorry if it came across that way.  I only meant that builders are much better off to have their homes "staged" by a stager because most honor and showcase the workmanship, architecture and space where designers because of the very reason you mentioned, have an entirely different view of what a home should look like.

Sorry if there was a misunderstanding of my comments.

9:46am • #10
SEP
13
2008
15 Featured Posts

Susan - I like your idea of that clause and am planning to do the same to my contract.  Thank you for sharing that.  Like yourself, I, too, used to love to shop for home goods....'used to' being the operative words!!

Gail - Oh my goodness, I didn't think that you were slamming interior designers and I hope that I didn't come across as being judgemental of you!  I was just trying to make a point about the differences between interior designers and home stagers for anyone who might read this and not already have that information. 

Val

9:18pm • #11
205,221 Points 13 Featured Posts Outside Blog

Val ~ Any seller who thinks a vacant home looks OK needs to see your photo of this bedroom!!  It looks SO much bigger with your design plan. I like how you highlighted the window seat and the fireplace too.  We never see homes of this vintage in our part of the country -- you're lucky to work on these historic homes ~ and you made this one irresistible.

10:34pm • #12
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Wow, Maureen - thank you!  It really is amazing, though, that the proper size furniture can actually make a room look larger...and that is a Queen sized bed!  I find that some sellers of vacants don't think that it is important to stage small bedrooms and I say "au contraire, mon frere!"..  Buyers need to see that they can fit furniture in the room and still have it be functional.

Val

10:44pm • #13
NOV
09
2008

Very nice stage

11:33pm • #14
NOV
10
2008
Outside Blog Hit Router

Val,

Wow! Those wood floors are absolutely gorgeous! For builders who will have staging long term, purchasing the furnishings usually is the better way to go.  However, I have found that some of the builders that I do business with, prefer renting and not having to worry about what to do with the furnishings afterwards!

12:43am • #15
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Showing them great pictures and the statistics that go along with staged homes selling quicker and for more money than unstaged homes is a big part of my listing presentation.  Thats a gr eat post and great picture showing the before and and after.

8:23am • #16
4 Featured Posts

Val~ wonderful work.  You turned that long skinny room into a rectangle!WOW

I was surprised at the 3 month = purchase figure.  In my area it's more like 7-10 months!

darned competition!

12:55pm • #17

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Val Allocco, HSE; ASHSR - Home Stager for Manhattan, Brooklyn & Long Island

Northport, NY

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Staged 2 Sell New York & Long Island

Address: P.O. Box 234, Northport, NY, 11768

Office Phone: (516) 982-2671

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Staged 2 Sell NY Home Staging



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