Staging Your Client’s Home On a Budget

By
Real Estate Technology with ReferralExchange CA License #01426453

As an agent, you know that getting a home “open-house ready” and listed to sell can be a lot of work. You also know that staging a home can help it sell more quickly—and for a higher price, yet many clients balk at doing so because of the cost and inconvenience. So what do you do when your clients are looking for a more budget-friendly alternative? We’ve put together a few tips to help.

 

Start by giving your clients a “to-do” checklist. That is, a list of low-cost and time-effective things they can do to improve the look of their home:

  •          Give the place a deep cleaning.
  •          Apply a fresh coat of paint in a neutral color.
  •          Spruce up the landscaping and garden.
  •          Remove knickknacks and personal items

 

De-cluttering and de-personalizing the home is an important step for your clients to carry out so potential buyers can envision their own belongings in the house. All those items in your client's home that they haven’t touched in years? Suggest they start making a Goodwill donation pile of these things. For the items they want to keep, recommend nearby storage companies where they can temporarily rent a unit. Boxing up these items for storage will give your client a jump-start on packing, too. Bonus tip for you: negotiate a discount for your client at a local and trustworthy storage company by agreeing you’ll refer future clients in return.

 

Another essential reminder is the importance of each room having a defined purpose. If your clients have a room that serves as both a home office and a playroom, have them adjust that room so that it becomes clearly one thing or the other. Using one room for several purposes can indicate to a buyer that the home is lacking space. Have your clients remove the multi-use spaces so potential buyers walk away with a clear understanding of what the home offers. You can even keep a few extra items on hand (e.g. furniture, tablecloths) to help them achieve this—why not go above and beyond and let your clients use them?

 

If you do have a home that desperately needs professional staging and a client who resists, consider alternative options such as offering to pay for the initial consultation or covering half of the staging costs yourself. After all, once you've helped your clients get their home looking sharp and sold, you can be sure they will share their great experience with others and refer you to their friends.

 

Your real estate business is bigger than you think. ReferralExchange matches your clients with 3 great agents and pays you a 25% referral fee at closing.

Posted by

Lisa Fettner

VP Marketing

Referral Exchange

lisa@referralexchange.com

www.referralexchange.com

 

Comments (13)

Jeff Conway
Skyline Investment Realty - Spring Hill, FL
Real Estate / Property Management / Investments

Staging really can make a difference!  We are lucky to work with a wonderful stager in our area that suggests some of the same simple things to just "spruce up a home!"  It's hard for clients to understand that their personal items can be cumbersome, so remember to delicately have that conversation with them!  :) 

Mar 09, 2016 02:26 AM
ReferralExchange .

Very true! Thanks for sharing Jeff! 

Mar 09, 2016 02:47 AM
DEANNA C. SMITH CERTIFIED MOBILE NOTARY
Certified Mobile Notary Signing Agent - Smith Mountain Lake, VA
Highest Ranked Certified Mobile Notary in Virginia

I agree with Jeff that staging can make a tremendous difference in the offers that come in.   Making the buyer feel comfortable and allowing them to envision being the owner helps to close the sale ReferralExchange (Lisa Fettner) 

Mar 12, 2016 03:15 PM
ReferralExchange .

Thanks Deanna! 

Mar 14, 2016 01:31 AM
Richard and Jean Murphy
Harborview Properties - Portland, ME
(207) 712-4796

Very good ideas. Always good to be reminded of the basics and a few nuances. Thanks

Mar 13, 2016 08:13 PM
ReferralExchange .

Thank you! 

Mar 14, 2016 01:31 AM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

In small rural areas, no money in the budget for staging, no slice of the pie for lots of the layers of players. The low price trumps it all and no frills is fine and dandy. That said, removing garbage, screwing in some new light bulbs here and there, especially in the dark dank basement to light the way all help. Never chased sellers out of homes, did not tell them to strip the place of personal gear either. It is their home and they help a sale unless the owner of three pit bulls and then we suggest why not take the boys out to the dairy bar for an ice cream twist.

Mar 13, 2016 08:47 PM
ReferralExchange .

Thanks for sharing Andrew! 


 

Mar 14, 2016 01:32 AM
Robert Harrington
Harrington Homes Realty Inc - Victoria, BC
Buy & Sell Homes by Phones

Staging makes a huge difference, especially in a slow market. It also helps sell faster in a balanced market and if you have a tacky house, it REALLY makes a diffence.

However the cost is too high for the average person under the traditional real estate commission structure and the average Realtor.com agent is too cash-poor to take on the upfront cost and the established 30 year agents don't need the bother.
Stagers need a way to give sellers credit until the home sells or sellers need to use "mere posting "or "mere listing" options to flat fee list on Realtor MLS for a few hundred dollars and use the savings in listing fees to pay for staging. However we always come back to upfront cash to pay for it and most people including the agent who is fighting to keep current with the all fees and Real Estate is a parttime job at best, do not have it. 


 

 

Mar 14, 2016 12:51 AM
ReferralExchange .

Thanks for sharing Robert! 

Mar 14, 2016 01:32 AM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I think DEEP cleaning is one of the most important things you can do. It's okay if something is a little dated, but not okay if it's got "ick".

Mar 14, 2016 01:26 AM
ReferralExchange .

Thanks Olga! 

Mar 14, 2016 01:33 AM
Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

I've been preparing my personal home for sale for the last few weeks and de-cluttering and de-personalizing are at the top of my to-do list. 

Mar 14, 2016 01:47 AM
ReferralExchange .

Thanks for sharing Pat! 

Mar 14, 2016 01:54 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

The staging cost have gone up.  In our area sellers want the listing agent to pay for it.  There is enough statistics to prove it makes the viewer like it so much and one can covert people to be home owners, 

I had people compliment on the antique dressers and ask about it.  I told them it is in the family for years and not for sale.

Mar 14, 2016 02:34 AM
ReferralExchange .

Thanks for sharing Sam! 

Mar 14, 2016 02:47 AM
Janice Ankrett
Janice Ankrett Home Staging - Burlington, ON
Staging Professional

Sweat equity can achieve so much! A consult provided by the Realtor can give the seller a strategic plan to prepare their home for sale. 

Thank you for supporting staging!

Mar 14, 2016 02:42 AM
ReferralExchange .

Thanks Janice! 

Mar 14, 2016 02:47 AM
IRMA Beltran
Century 21 M & M and Associates-Turlock homes Real Estate - Turlock, CA
Your Real Estate Agent 4 Life Always there 4 You!

Great blog, taging is a very important part of our job.

 

Have a Wonderful Blessed Day!!!

Mar 14, 2016 03:18 AM
ReferralExchange .

Thank you Irma! 

Mar 14, 2016 03:24 AM
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

For sellers that can't or won't pay for the whole package we have a staging consultant who does and initial consultation, then follow ups as the owners implement her suggestions. The follow ups really help polish the look.

Mar 14, 2016 08:43 AM
ReferralExchange .

Thanks for sharing Kathleen!

Mar 14, 2016 09:40 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Great tips -- there is so much the sellers can do themselves to make their home ready for the market.

Mar 14, 2016 11:25 AM
ReferralExchange .

Thanks Joan! 

Mar 15, 2016 01:35 AM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

ReferralExchange (Lisa Fettner) - oh yes, sometimes it's confusing to keep room as either/or! People do not like it that way.

And as always - de-cluttering is always a first step to stage a home - on budget.

Mar 14, 2016 01:15 PM
ReferralExchange .

Thank you Praful! 

Mar 15, 2016 01:35 AM

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