I recently staged a $3.1 million home across from the beach. The main living area was basically a large square room - with combo living room & dining room.
(See my other blog, http://activerain.com/blogsview/379139/They-have-to-see)
One of the homeowners, who is a licensed agent, but not the listing agent, lives near the home and hosted Open Houses almost every weekend for over a year. She would try to explain to potential buyers all the furniture layout possibilities - and once they decided where they wanted the "dining room" to be, they would hang the appropriate light fixture. Buyers did not believe there was enough room for a decent size living area and a good size dining room.
Here is the before photo:
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