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Home Staging: One Leg of a Three-Legged Stool

By
Home Stager with Designed to Appeal, LLC

Earlier this month I met with the owner of an empty apartment with 180 degree views of Central Park, upper Manhattan and the Hudson River,  to give her an estimate on staging it with furniture and decorative accessories.  She had temporarily taken it off the market.

The other day I sent a follow-up email and received a response back telling me that, since the time she had met with me, she had decided to change real estate agents.  She said she had been unhappy with the progress made by the original agent in selling her home and...

         ... "that [emphasis added] was the reason [she] had considered staging at all." 

I responded by saying...

        ... "reading between the lines, it sounds like you may have decided  not to proceed with the staging". 

She wrote back...

            ... "getting a new agent will probably make all [emphasis added] the difference."

So I responded by telling her that successfully selling a home is like a three-legged stool:

  1.   It must be priced right

 2.   It must have outstanding "outside" marketing by you and/or your agent

stool

 3.    It must have outstanding "inside" marketing and positioning of the home, a.k.a. staging or showcasing

All three are the keys to selling a home.  The new agent will not make all the difference. 

  • If the owner insists on a price that's unrealistically high, all of the marketing and promotion in the world by the agent won't help. 
  • If the price is realistic and the agent is promoting the property, it still may not sell because prospective buyers can't see beyond the empty rooms and envision their furniture being there and themselves living there.
  • If the apartment is staged and looks wonderful, but the price is too high and the agent isn't doing his or her job marketing the property, it won't sell.

You get the point.  Don't let the stool collapse when selling your home.

Laura Sampson
Happy Home Stager, LLC - Clermont, FL
Principal Stylist, CEP Trainer

Donna,

Sorry to hear that your client is leaving $$$ on the table.  We still run into the thinking that staging is decorating.  I have changed the discussion with potential clients, now saying, Our purpose is marketing...our process is staging and our payoff is the excellent result, backed by years of excellent statistics.

Keep up the education.

 

 

Aug 28, 2009 01:16 PM
Kate Jahnson
Home Stage Home - West Linn, OR
Home Stager

Hi Donna,

Nice analogy of the three-legged stool.  When put like that how can any buyer refuse you advice and services?

Aug 28, 2009 03:07 PM
Kathy Nielsen
http://atlantahomestaging.net - Marietta, GA
Atlanta Georgia Home Stager

Excellent post, Donna. I always tell my prospect that there are three important steps that need to be taken in order to sell; price it right, use a great agent and make it look nice inside and out.

Kathy

Aug 29, 2009 12:02 AM
Karen Dembsky
Peachtree Home Staging LLC, Home Staging in Atlanta, GA - Peachtree City, GA
Atlanta Home Staging

What an excellent analogy!  Thx for sharing!  I know a couple of agents that would like to add that in their listing presentations!

Aug 29, 2009 12:22 AM
Chrissie Sutherland
Ready Set Stage - Greensboro, NC

I love how you put that.  That is so true and the home owner will be sorry if she doesn't listen to you.  It sounds like her stool isn't going to hold up.  She is going to need the staging doctor to fix it.  LOL.   

Aug 29, 2009 12:43 AM
Kym Hough
www.Staged-to-Sell - Danville, CA
Staged to Sell East Bay - Danville, CA

I will use the stool reference, just love it and so true. I say it all the time to clients. I am getting more and more homeowners calling me direct these days. After I meet with them I ask them if they have selected a Realtor yet. If they haven't I refer a client of mine. I sell them on the team aspect as my good Realtors keep me busy and we work together to get the home sold. A good Realtor makes a difference. A bad product makes an even bigger difference.

Love the analogy - thanks - hope you don't mind me using it.

Aug 29, 2009 05:25 AM
Donna Dazzo
Designed to Appeal, LLC - Manhattan, NY
Home Stager in the Hamptons & New York

Kathy, Kate, Chrissie and Kym, thanks for your comments.  You can feel free to use the three-legged stool analogy with your clients and real esate agents.

Aug 29, 2009 06:49 AM
Cathy Lee
CL Design Services Home Staging - Danville, CA
ASP, IAHSP, RESA Danville, CA

A 180 degree view of Central Park and not staging...I can't imagine!! Wonderful blog article and an analogy that really is spot on!    

Aug 30, 2009 03:06 AM
Jeannene Edwards
Home Staging by Interiors Defined, Inc. - Orlando, FL

WOW . . . I agree with Cathy.  Not taking advantage of showcasing 180 degree view of Central Park . . . she obviously isn't that crazy about getting her place sold, or she's just crazy!  Great stool analogy also as it definitely takes the combination of the three legs to = SOLD.

Aug 30, 2009 05:08 AM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

As the others before me have already stated...what a great analogy.  I too will use this in presentations.  I hope your seller comes around...thanks.

Aug 30, 2009 11:35 AM
Terrylynn Fisher
Dudum Real Estate Group - BuyStageSell.com - Walnut Creek, CA
HAFA Certified, EcoBroker, CRS, CSP Realtor, Etc.

Very nice analogy.  I can't think of a better one that is unemotional and descriptive of the facts mam...missing a leg and you don't have a leg to stand on...all three are essential.  Good post.

Aug 30, 2009 03:57 PM
Debra Valentine
Designing Details ~ Staging & Design, LLC - Bountiful, UT
Utah Home Staging for, Bountiful, Salt Lake & Surrounding Areas

You've started a trend here - we all love your creative analogy and plan to "borrow" this great way to explain what so many sellers/Realtors do not understand. Thanks Donna!

Aug 31, 2009 04:12 AM
Debby Dutilh
Art and Soul Home Staging - Los Angeles International Ai, CA

What a clever and memorable analogy, Donna. Let's hope someone is listening! Great post.

Sep 06, 2009 02:59 PM
Mary Strang
Viroqua, WI

Love your analogy, right now I have a home that needs 2 crucial adjustments, price and staging. They do have the right agent, which is me. LOL!

Sep 11, 2009 01:19 AM