Sabtu, 23 Juni 2007

Since Home Stagers Aren't Popeye, Home Sellers Don't You Be Wimpy!

When I was a little kid I used to watch the animated cartoon Popeye on Television. One of the cartoon's secondary characters was a sweet harmless lovable oaf named Wimpy. But Wimpy had a major "issue"... he was addicted to hamburgers.
Hamburgers! Hamburgers! Hamburgers!

Wimpy craved them and could not get enough of them. He would do ANYTHING for one. Even if he didn't have the money to buy one he would try to mooch money from the other characters in the cartoon so he could buy one. Wimpy is now known for his famous line, "I'd gladly pay you Tuesday for a hamburger today."

So what does Wimpy have to do with Home Staging? Well, in the 3-plus years Real Estaging has been merchandising properties in Chicago and its burbs we have brought a LOT of spinach into many homes' saleability. However, being that home staging is still relatively new and misunderstood, we sometimes get asked if we would accept payment for our staging services at closing. I gotta admit EVERY time we are asked that I can't help but think of poor old Wimpy.

Why shouldn't a home stager expect to wait for payment for the services they provided until the closing? Well, it might help you to understand when to pay a stager if you look at what we do from these perspectives.

FIRST, staging services are like any other services provided by an independent contractor hired to help ready a home for its eventual sale. Would you ask or expect a painter who had painted a house, in order to get it ready for sale, to accept payment once the house is sold? Or would you ask a landscaper who trims the bushes, edges the lawn, and plants flowers to accept payment for their services once the house is sold? No! So why should a home stager expected to be paid at closing?

SECOND (and MORE importantly) is the fact that while the whole purpose of staging is to prepare a home that is for sale and IMPROVE its attraction for potential buyers... home staging does NOT guarantee the sale.

Remember, a home stager's responsibility is to prepare a house for its sale in the market...
NOT SELL IT. It is the Realtor's job is to sell the property. When a stager has completed their work... the Realtor takes over to make the sale happen. As a property merchandiser, once we set a home and leave the premises, the home stager has NO control over multiple dynamics that can and WILL impact the home's sale. Dynamics such as:
  • PRICE - A property that is priced too high will never sell, no matter how much staging you do.
  • MARKETING PLAN - A property can be staged all nice and pretty, but if a realtor is not getting the word out on it, then staging will not help.
  • INSPECTION FINDINGS - A home might look great on the surface... but lurking below a pretty surface may be an issue that ONLY an inspector will find.
  • SELLER MOTIVATION - If a seller has underlying "issues" that thwarts a sale... then a sale just might not happen.
  • SELLING SKILLS - Some deals are just harder to close than others and require more sales acumen. Again while the home might look great, if the Realtor is can not close deals, staging will not help.
  • BUYER'S FINANCING - Stagers have not control on a buyer's eligibility or ability to secure financing for a staged home they want to buy. (So did we NOT do the job?)
  • MAINTENANCE - If a home seller reverts to their pre-staged untidy cluttered ways the stagers work will be compromised. Also if a home is not kept clean... that also will undermine the positive impact a staged home can have.

So if you compelled to ask that Wimpy question... know that this Real Estaging Bluto and others will most likely reply "NO...but we do take Master Card, Visa and American Express."

And remember there is plenty of staging spinach here… to help you learn more to sell your home.

Me

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