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Selling Your Home In An Economic Downturn. What You Should Know.

By
Home Stager with Dezigner Digz

   

It's finally caught up to us.  We've done well to dodge the bullet this long, as times have been tough in the U.S. real estate market for quite some time.  Although properties are starting to sit on the market for longer, we still haven't taken the same hit as our friends south of the border.

What does this mean for homeowners who want to sell?  Regardless of economic conditions, there will always be people looking to buy a new home for many different reasons.  You may not be able to command the same listing price that you could have several months ago, however, the upside is that if you are also purchasing a new home, chances are you'll pay less now.   

To take advantage of some of the deals that are out there, you need to have that 'sold' sign on your lawn as soon as possible.  To do that, your home has to be presented in the best way possible to stand out from the rest.  Bringing in a professional Home Stager will make that job much easier for you.

In challenging economic times, some homeowners are reluctant to have their homes staged.  They feel that since they won't be realizing the same gain on their sale as before, there isn't money on the table to spend on preparing their home for sale.  This is one mistake that can come back to take a bite out of your bank account.      

If houses are sitting on the market for longer, it stands to reason that during that time of limbo, there gradually becomes a larger number of properties on the market for buyers to choose from.  Do you want to give potential buyers a reason to pass on your home and go on to the next one?  After all, there will be many "next ones". 

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Dezigner Digz is a professional home staging and interior decorating company located in Burlington, Ontario.  The owner, Charlene Storozuk, is a member of the Real Estate Staging Association and currently serves as Regional Vice-President, Canada.  For more information on us, visit our website at www.dezignerdigz.com

 

Cathy Lee
CL Design Services Home Staging - Danville, CA
ASP, IAHSP, RESA Danville, CA

Well written and spot on.  Sellers cannot afford NOT to stage!!

Jan 13, 2009 10:53 AM
j r
International, IT

Great blog Charlene (as always !!)  !  

Jan 13, 2009 02:08 PM
Kathy Passarette
Creative Home Expressions - Mount Sinai, NY
L.I. Staging/Decorating

Charlene ~ Great information, especially for those who are considering putting their home on the market.  You need to take care of your investment to get the most out of it.

Jan 14, 2009 03:10 AM
Annie Pinsker-Brown
Stage to Sell - LA Home Staging - Los Angeles, CA
Stage to Sell, Los Angeles Home Stager

I love the photos you used in this blog entry. A picture is worth a thousand words in this case!

Jan 15, 2009 04:44 AM
Sandi Gerrard
Toronto, ON

Well said, Charlene.  Staging is even more important now.  Wishing you a successful 2009.

 

Jan 16, 2009 12:13 AM
Chris Olsen
Olsen Ziegler Realty - Cleveland, OH
Broker Owner Cleveland Ohio Real Estate

Your photos (and text of this post) is what we concretely share with sellers, and if they have the financial means, they almost always take our advice, and profit as a result!  Everyone should be doing this, and it's amazing to me, that after doing home staging for over three years now, how rarely it is still done.

Jan 24, 2009 01:26 PM
Charlene Storozuk
Dezigner Digz - Burlington, ON
Home Stager - Burlington Ontario

Cathy - So true, sellers can't afford not to!

Jean-Marie - Thanks! You're so sweet :-)

Kathy - Very well put.  You do have to take care of your home to get the most out of it.

Vivian - Yes!  Doing the work upfront will make things MUCH easier - very well said.

Annie - Thanks!  Staging really does make a huge difference.

Sandi - Thank you.  Here's to continued success to you as well in '09!

Chris - I know what you mean.  I'm surprised staging isn't utilized more too.  I thing that is going to change real soon though :-)

 

Jan 31, 2009 09:15 AM