There is no doubt that there is money in home staging. If you’re a home-stager, you know you’re in a unique business. You can apply your design and decorating skills while getting paid! But like anything else, this business has its drawbacks as well as its benefits.
In this falling real estate market, all sellers want to sell their homes fast and will do just about anything to generate a sale, especially for their properties that have been stagnant for over a year. This is because in real estate, the longer the property stays in your hand; the more difficult it is to sell it. The listing becomes stale and real estate agents will be unwilling to show those buyers as there are newer properties on the listings.
The best strategy for sellers to get rid of stuck properties is staging. But is it worth repairing, painting, changing curtains and putting some flowers on a property? Let’s say that doing all these processes is not expensive, but have you thought about your skills? New construction homes? The following are the other disadvantages of this business.
There are plenty of eager sellers who are desperate to get rid of their homes and the easiest way they seem to make that happen is to have their home home staged. Staging is undoubtedly the most exclusive approach to selling houses. However, is it really worth your time and effort? What if you prepared a house and still never sell it? You just wasted your money and your own time. So what needs to be done?
The following are some tips on the advantages and disadvantages of organizing your property that is for sale at home:
1. It takes so much time and effort, and can get expensive for houses that are hard to sell.
2. When it comes to investment, home staging is not practical. Remember, a good investment is spending a dollar and getting two in return. If it’s 1 to 1 or 1 to 0, then it’s a very bad investment.
3. If you organize the house while you’re still living in it, you’ll need to strip the furniture, empty the cabinets and drawers, and keep the bathroom clean and fresh every day. That’s another household chore that’s hard to keep up with on regular days.
Unless you’re willing to make sacrifices, go the extra mile, and willing to put your money on the line, home staging may not work for you, so think carefully.