Why Don’t You Charge Less To Stage My Smaller Property?
Recently a seller called to discuss staging their vacant home. They had recently moved everything out of it and moved into their new home. They had heard that inventory was slim and felt that their now vacant property would sell quickly.
However, it had now been on the market for several weeks and there had been no offers and very few showings.
We discussed what vacant staging would entail and the costs involved.
While they needed to move forward the seller asked if we would charge less for his property which was smaller.
Staging a smaller property can cost a little less because we might use fewer pieces and the scale of the pieces may not have to be as large as when you are staging a home with higher ceilings and larger floor plans.
However, there are certain expenses involved with every vacant staging. They vary from stager to stager and region to region.
1.The cost of renting the furniture and accessories. (can run anywhere from $700 to 1200+ a month depending upon size, amount, and quality)
Some stagers carry their own inventory but there is still a charge for it. They are always refreshing their pieces and replacing those pieces that are worn.
If we rent from a furniture rental company, we pass on the fee to our sellers.
Certain properties will need pieces that are befitting of a luxury home. Some will need over-sized artwork or mirrors because of the ceiling height.
Keep in mind that stagers recommend staging your primary rooms… the master bedroom, one eat-in area, and one living area. Soft goods are usually placed in the kitchen and master bathroom.
We can stage as much or as little as you want.
2.Furniture delivery and moving
Charges will vary but can average $200-400 just for the delivery fee.
Even if the stager owns their own truck, they have ongoing expenses as well, and they have to hire a crew.
My rental company charges a hefty percentage which includes taxes and a waiver and damage policy.
There are two points to consider. If the property is located beyond a stager’s primary area, they may charge more.
And, (2) if the property is in a condo or apartment where there are logistical issues with freight elevators and very long hallways, many stagers will charge more.
One property I staged took me 2 ½ times longer to offload my inventory because I had to use the freight elevator which was the furthest away from the condo that you could get.
5. The Staging Fee
This will vary from stager to stager but keep in mind, this usually includes the hours that are involved in sourcing the inventory for the project, the travel time to and from the property, staging and destaging the property.
Prior to staging day, the stager may have to shop for additional pieces as well as pack the pieces that they will use.
Staging can take 4 to 6 hours or more depending on the scope and size. (Look at it as if you have one day to move into your home with all of the pictures hung and boxes put away)
Oh yes, before we ended the call, they said they should have consulted with me first. Perhaps they could have left some key pieces behind to save them some money! (and that’s another post for another day!)