Senin, 18 Februari 2008

A Tale of Two Stages

Does this sound familiar? For home sellers it is the best of times, it is the worst of times, it is the age of wise choices, it is the age of foolish decisions, it is the age of sales success and the age of missed opportunities.

In short, it is an age where home sellers are beginning to realize that how their own "sales tale" plays out is more in their control then ever before. More and more know that if they want to sell their home they need to assume responsibility and take a proactive role in the sale. How? Well, besides just hiring a realtor, home sellers are beginning to understand that they must do all they can to make their homes look and be as appealing as possible.
In fact this blog tale is about two couple who did just this… they hired experienced professional that knew how to create the right appeal required to get buyers interested in their properties. What makes this tale more interesting is the fact that it took place during the worst real estate market in years and at the slowest time of the year... a cold and snowy Chicago December 2007.

Late last December, we here at Real Estaging received a call from two different Lincoln Park couples. Both wanted to hire a real estate stager to advise them as to what they could do to best prepare/merchandise the homes they were selling, yet still living in.

Each seller had different reasons why they wanted to hire a stager. The first couple (Home #1 -above) had not yet listed their home and they wanted to get it in tip top shape before they formally put it up for sale in the market. The second couple (Home #2 - below) unfortunately had had their home on the market over 6 months and were not getting ANY offers. This couple was tired and weary and really just wanted to get on with their lives.

So we here at Real Estaging stopped by and did what most real estate stagers do. We toured the property and gave the typical and predictable advice and suggestions (i.e. de-clutter, depersonalize, make repairs, clean up, thin out and rearrange the furniture). But while staging consulting advice as this is good and necessary, both homes still need more. It is "MORE" that makes this staging tale a bit different and helped make 2 prospective buyers respond in the favorable ways they did.

You see both these homes needed just a bit MORE in the way of furnishings and accessories (props). While bringing additional props into occupied homes is not a typical service offered by most home stagers, we here at Real Estaging have found that by adding a few key accessories a home can be given the final FINISHED look that influences buyers to make offers. We often find that adding the right props helps to: 1) Add visual appeal, 2) Tie the home together so that it has flow and continuity, and 3) Solves perplexing space issues. The red dots in both sets of pictures above marks the props we add in some of the rooms.

The first set of pictures (Home #1) is from a Lincoln Park real estate staging that got an offer just a few short hours after it had been toured by the very FIRST person to look at it after staging. For this property we loaned the sellers 45 props (furniture and accessories) to give the homes a finished and polished look. In particular we needed to replace a massive coffee table with a smaller one, bring in a kitchen table and 4 chairs (they did not own one) and replace "controversial" wall art with more understated art.

For the second home (Home #2) we added a little bit more. For this home we brought in about 50 items. One problem with the property was the fact that the fireplace had no visual appeal. It needed some accessories to add some visual interest to it. Also the wall, directly to the right of the fireplace had NO art on it. The massive 12 foot high wall was a big, blank and boring! We are proud to say, that after being on the market for 6 months, the sellers of this property finally received an offer just 1 week after we staged it.

So that is our tale of 2 stagings that ends happily for two Lincoln Park couples selling their homes. Both took a long hard look at the real estate age we are in and then did what was necessary to help them market their homes successfully. Each may now be saying... "It is a far, far better thing that I do, than I have ever done; it is a far, far better opportunity to move on now that I have staged than I have ever known." (Schmaltzy ending... but you get the point.)

Staging It Forward...

Me

A SPECIAL THANK-YOU GOES OUT TO THE REAL ESTATE TOMATO... for giving this post the coveted "Bon Jovi" award in the 80th Carnival of Real Estate.

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