Have you heard about Reverse Offers?

Home Stager with PureStyle Home Staging

Ok, so a couple months ago I was watching some late night T.V. and I saw a story on Nightline about "Reverse Offers". Here's how it works, insead of waiting for a buyer to put in an offer the seller courts the potiential buyer with an offer that hopefully, they can't refuse. I found this story very interesting especially because they have already had $40,000 worth of price reductions and had not tried staging the house.  I also found it interesting that the sellers were willing to throw in tons of stuff along with an additional reduction of $4,675.00 too.  I know homes staging is still catching on and I don't know if  it has in that area but even if staging was done at 1% of the listing price, that's a whole lot less then $44,675.00. Thanks to HGTV and TLC the benefits of staging are traveling the airways and hopefully, we as Stagers can help hard working homeowners hold on to some of the value in their homes.   

Here's the Link:  Nightline \"Reverse Offers\"

PureStyle Home Staging is based out of Mt. Pleasant, SC, a suburb of Charleston, SC. Pat Eardley, design consultant, has been doing home staging and interior redesign for over eight years and would like to assist you in preparing your house for sale, revitalize a room with redesign or organize your home or office with my professional organization services.

Accentuate the positive features of your home with PureStyle


Website- www.purestyledesign.com

Call - 843-609-8280

E-mail - pat@purestyledesign.com


Comments (4)

Margaret Ann Innis
Decorate To Sell - Merrimack Valley Real Estate Staging - Andover, MA
Real Estate Staging - MA & NH

Hi Pat - What was the price of the house?  I have not heard of reverse offers - however have heard of Value Range Marketing which is part of the Prudential system.  They use a price range rather than a set price.  Being creative gives buyers more opportunities to buy.  

Jun 04, 2009 11:05 AM
Pat Eardley
PureStyle Home Staging - Mount Pleasant, SC

Margaret, the price was $225,000.00. I attached the story, check out the link.

Jun 04, 2009 11:53 AM
Debra Valentine
Designing Details ~ Staging & Design, LLC - Bountiful, UT
Utah Home Staging for, Bountiful, Salt Lake & Surrounding Areas

Pat: What a bizarre concept. Staging would be SO MUCH more effective and beneficial for both parties. Thanks for sharing this eye-opener with us.

Jun 05, 2009 05:06 AM
Michele Reneau
Certified Staging Professional (CSP) Elite Instructor - Summerville, SC
Realtor, GRI ~ Charleston, SC Relocation Experts Team

Hi Pat, I have been on both sides of a reverse offer.  This occurs when a buyer shows interest but doesn't committ. The seller than says, Pppppplllllleeeeaaaaassssseeeee, take my house, I'll sell it to you for this amount and give you x,y and z.  I haven't had it work for anyone yet, but it does look pretty pathetic.  I think it's worth a shot for a seller to try but I agree they could get better results with staging.  One of my sellers that did this received a 4 page report on things he should do to help with the staging of the home and he was outraged.  Needless to say, we've had over 80 showings, but no offers. 

Jul 05, 2009 09:11 AM