Is A Price Drop your First Option?

By
Home Stager with Essential Home Staging

It really amazes me to see price drops on homes that have so much potential.  Keeping in mind our current market I just don't get it.  I see listing after listing with reduced prices.  Unfortunately most of these listings have really undesirable photos.  Even more unfortunate these photos are the best parts of the home.  I just wish I could wave a magic wand for everyone to realize that a home is and always should be considered and investment.  Not something that you "get out of" and place blame on a bad market.  Who recommends these price drops?  My last unfortunate would be the Realtor.  I know this because I have friends that are Realtors and some of which don't use staging and just recommend price drops.  This is the fall out of the "right place at the right time Realtors" who came into the market when it was booming and don't know the tried and true techniques that veteran Realtors have spent years to perfect. 

 

So here it goes, the magic wand has been waved.  So, call a "Professional Home Stager" before you recommend a price drop!  It may turn a current home seller into a future home buyer.  This benefits us all.

 

Joe Kaspari

Essential Home Staging, LLC - Sacramento, CA

essentialstaging.com

 

 

 

Comments (4)

Pat Enterrios
Coldwell Banker SkyRidge Realty - Lake Arrowhead, CA
I've been a Realtor for 15 years,,, and I completely agree with you!!  I've always said the Realtors set the market and we ALL drop prices instead of waiting for the buyers to start looking again. I've asked 2 of my Sellers/listings to talk with home stagers to see if that would help.... Good Blog!!!
Mar 25, 2008 12:21 PM
Erik Hitzelberger
RE/MAX Alliance - Louisville REALTOR-Luxury Homes - Louisville, KY
Louisville - Middletown Real Estate

Nice blog.  The simplest approach is seldom the best approach.   It takes effort and creativity to find different ways to promote and present a home.  Spending a couple of thousand on staging and additional marketing tools is much better than dropping the price by $5000.

 

 

Mar 25, 2008 12:32 PM
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com
It does sometimes help to stage a home instead of dropping the price.
Mar 25, 2008 12:41 PM
Mary Lou Teague
HOME STYLE AND STAGING LLC - Knoxville, TN
Home Style and Staging Knoxville. TN
Good point, thanks for sharing...
Mar 25, 2008 02:55 PM