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20 Comments on Beware of Home Staging Guarantees
I just hear of someone victimized by signing up with a stager thru their real estate agent and the stager rented out the property to a "house sitter" by way of a well hidden clause in the contract...
The owner wants to move back in the house and the stager and stagers won't let the owner back in...
Couldn't agree more. I would never hire, recommend or suggest the service of a stager who exaggerated their results.
BS is not a redeeming quality in this market, especially for that "extra expense."
I actually thought this was going to be a different topic of discussion and was pleasantly surprised when I was reading (except for the part when I read that other stagers are doing this).... I'm completely with you. There are too many thing out of control of the stager. Now, I have provided incentivized contracts where they pay less up front, but significantly more upon closing - mind you these are only when I have determined they are a fit for this program AND the agent is someone we know has a proven track record and we have a good relationship with. (This way we are in the loop.)
Debra, I agree. Staging ensures a house will show at its best and that the agent and sellers are marketing the home to its full potential, but it still doesn't guarantee a sale. Staging is just one of the many factors, as you've listed, that are part of the selling equation.
Very interesting article Debra! It made me want to know more about the principles of "Fung shui", for personal purposes only! Generally speaking, nothing can be guaranteed in life especially when it comes to home selling in this market! Although, Real Estate Staging will improve the visual presentation of the home but none could ever guarantee the outcome! Enjoyed reading both articles, thank you Debra!
I'm with you Debra. A guarantee of a sale is really not in order. The statistics bear out that all other things being equal, the staged home will sell faster and for more money than a comparable non-staged one. But it is not wise, or in my eyes even ethical, to guarantee something with so many factors beyond your control.
You said it beautifully Debra! Great post!
Great Post Debra! Every stager should have that list in their pocket when asked to get paid on closing.
Debbie, you hit the nail on the head with this one. For all of these reasons, as well as many others, I also don't favor working on any sort of "contingency payment upon the close of escrow". I havehad some homes which I have Staged literally go into, and fall out of, escrow up to three times. There are far to many variables that are completely out of our control as Stagers.
Really?! I was not aware that these claims were being made from staging professionals. It states in my contract that "staging does not guarantee a sale..." just so there is no confusion with the seller. Excellent topic!
My contract also states that staging will not guarantee a faster sale, or one for a higher price, since there are other factors that we have no influence over. This way my clients know exactly where we stand.
Hello Debra, I remember my dad telling me many years ago to never let my mouth write checks that my butt could not cash. Obviously not everyone had a dad with such words of wisdom!
Thank you everyone for those excellent comments!
I've always wished that I had a penny for everytime I'd been asked to guarantee my staged homes would sell, I'd be rich by now. Well, now I just wish I had your great list for a response.
I loved reading both articles and appreciated the honest feedback in both. Even if I were given full control of the pricing, marketing and negotiations I still wouldn't guarantee that a house would sell, because I'm not a RE agent and that's not my expertise. So, the key take away for me here is to keep educating and partner up with the right RE agents who understand what it takes to make a home sell. But like the RE agent, I can't guarantee anything, except that a house will look great when my company is done with it.
Great list, Debra. This was an enjoyable post.
Thanks for the post Debra- never truer words! Very few things in life are guaranteed, especially when the variables are beyond our control. Is it a good investment? Yes, Will it help show the home better to buyers? Yes- Guarantee sale? No, but a better chance than without staging, especially when vacant.
well...showhomes staging company does do exactly that! their business model only works IF there is a live in house manager aka hometender so they can collect the monthly rents they call 'fees' from the individual's furnishing thety are using. They are not in the business of 'staging' a home using and charging the homeowner. anything monthly- just a 1% success fee when the home sells. they also charge the homeowner a set up fee. they then collect a monthly feee from the home manager. This is considered property managemnt in the state of Texas and they have no real estate license to parctice in property management is Texas nor do the franchisee owners have to have ANY real esate experience!
read their franchise opportunity page on showhomes.com and also read the CLAIMS about selling a property faster by using their service under the homeowner section!
Aloha Debra,
I'm going to reblog this if you don't mind. Thanks for the poignant post!
Peace,
Thank you all for your feedback to this post.
Aloha Kimo, of course you may reblog!