Home Staging TNT

Home Staging is a fairly new trend in merchandising homes for sale to move them more quickly and at maximum price. With the real estate market suffering from foreclosures, decreased valuations, and large inventories, selling a home has become increasingly difficult. Savvy homeowners and real estate agents are using home staging techniques to help overcome these unfortunate circumstances to make their properties stand out and come out on top.

Home staging has been shown to have dramatic results. In a national survey done by HomeGain.com in 2009, it was shown that this method of merchandising offered a whopping 586% return on the investment with 82% of real estate agents recommending it as an important part of sale strategy. Home staging specialists work with homeowners to present homes in the most positive way to highlight advantages and downplay any negatives, doing it as inexpensively as possible. Unlike real estate agents who are often hesitant to advise on clutter and overly personalized decor in the fear of offending clients and losing listings, home staging experts will offer objective advice that can pay tremendous returns.

Following are some tips that will help to stage a home for a quick, successful sale:

The outside of the home makes the first impression on potential buyers. Surveys show that 63% of buyers drive past listed homes before selecting the ones they wish to view. Maximizing the “curb appeal” of the home to make it appealing is a first step.

Interior clutter and over-furnished rooms create negative statements. It makes spaces appear smaller and less livable. Closet and cabinets that are stuffed signal a lack of storage space.

Personal items such as family photos and collectibles add to a cluttered appearance and also make it more difficult for buyers to see themselves and their families in the space.

Most buyers are unable to picture their furnishings in a vacant home, making it important to stage it for sale. Vacant properties also project an image of desperation on the part of sellers, suggesting that sellers may be carrying dual mortgages. Surveys show that staged homes sell 78% sooner and at higher prices than vacant properties.

A spotlessly clean home enhances not only the appearance but the appraised value, showing that the home has been cared for and maintained. A move-in ready home will be more appealing and sell much more quickly.

These are just the beginning steps of home staging that will sell a home quickly and at maximum value in today’s down market. A home staging specialist is a valuable resource that will offer a significant return on the investment.

There are a number of horror stories that involve houses with lead paint. Such homes can prove a nightmare to rehab and sell. While older homes can certainly be visually attractive, they are best avoided because of the presence of lead paint in homes built before the late 1970s.

My company has had to deal with three houses with lead paint-that’s really three houses too many. It’s an expensive process to fix up such houses-lead abatement projects can run into the thousands, in some cases, the tens of the thousands of dollars. Few companies want to deal with that kind of expense, especially if they are trying to prepare homes for re-sale to tenant buyers.

In one particular case, a family was interested in obtaining a home, but they lacked the financial resources to make the deal a reality. As a result, they wanted to provide sweat equity-in other words, they wanted to invest their labor into the home rather than their dollars. The family would do the rehab work, rather than the company. As a result, the family was able to obtain the house at a lower price.

In this particular situation, the father went into the child’s bedroom and sanded and painted the room, stirring up the lead paint. Consequently, the lead rate skyrocketed, creating an unpleasant surprise for all involved.

In order to protect their health, the family ended up moving out and into another one of the company’s properties. However, they didn’t stay at that property long. They moved to another property, then wanted to move back into one of the company’s homes. Unfortunately, the house they moved into was tagged for lead as well. The contractor moved quickly to try to address the situation and remove the lead paint hazard.

When the company performs rehab work, contractors go in and paint everything. If there’s an old rotted window, the contractors will take the window out and put in new vinyl. The idea is to restore the property to its original pristine condition-or as close to that as is humanly possible.

Obviously, when a home has lead paint, the first and most important step is to protect any children living there. The idea is to solve the lead problem before a family moves into the property. But it’s a time-consuming, high-cost process and therefore, it’s not for the faint of heart.

If you are looking to increase the sales price of your home, some property styling strategies deliver better returns on the investment than others. Identifying which strategies will have the best ROI involves identifying your target buyer and adding features which they are most likely to pay premiums for.

Lets take a look at several case studies of how people were dramatically able to affect their sale prices, with some moderate and tasteful investments in appropriate home staging in Melbourne:

1. First-time Home Buyer in Melbourne

Our client renovated their property to draw the interest of first-time home buyers. They decided to focus on this demographic because the neighborhood was up-and-coming, relatively new, and local schools were highly regarded. A well-considered home staging Melbourne program spruced up their exterior paint, performed repairs, enhanced the landscaping, and improved their dcor. Net result? Over $80,000 more in our clients pocket at sale all for a $21,000 investment.

2. Bathrooms and Kitchens Matter

No other rooms have the potential to affect the value of your home more than the bathrooms and kitchen. One client had a lovely home, but the kitchen and bathroom werequite outdated. By installing new fixtures, appliances, and cabinetry, they were able to turn $15,000 invested into nearly $100,000 more at sale by updating the property styling.

3. Consider Expansions When Justified

Paying attention to what is offered by other houses in your area is extremely important. In one instance, we were able to help a client identify that the fact that their home had only 2 bedrooms was hurting the value of their property; most homes in that particular neighborhood had at least 3. The total increase in value after a $35,000 investment which paid for the addition of a bedroom and full bath? Almost $150,000.

4. Demographics Can Drive Prices

The composition of neighborhoods can change over time. We had clients who, having raised their family successfully, were looking to transition to a smaller living space now that their children had moved out. However, every other family in that part of town had the same idea. We advised them to focus their efforts on transforming the property styling to appeal to empty-nesters. By adding a modern bathroom and extra security, and working to reduce the amount of required maintenance on landscaping, we helped them sell a home quickly, and pocket nearly $45,000 at the same time.

As you can see from these examples, it is quite possible to receive a significantly higher price upon the sale of your home, if you engage in the proper home staging Melbourne programs prior to listing. A little research into market and demographic trends can help you identify the best ways to add big value to your sale through proper property styling.

Here are the 15 Secrets of Home Staging:

Highlight your homes strengths, downplay its weaknesses and appeal to the greatest possible pool of prospective buyers with these home-staging tips.

Bye, Bye Clutter

The most important thing you can do to prepare your home for sale is to get rid of clutter. Make a house rule that for every new item that comes in, an old one has to leave. One of the major contributors to a cluttered look is having too much furniture. When professional stagers descend on a home being prepped for market, they often whisk away as much as half the owners furnishings, and the house looks much bigger for it. You dont have to whittle that drastically, but take a hard look at what you have and ask yourself what you can live without.

Furniture Groupings

Theres a common belief that rooms will feel larger and be easier to use if all the furniture is pushed against the walls, but that isnt the case. Instead, furnish your space by floating furniture away from walls. Reposition sofas and chairs into cozy conversational groups, and place pieces so that the traffic flow in a room is obvious. Not only will this make the space more user-friendly, but it will open up the room and make it seem larger.

Musical Furniture

Give yourself permission to move furniture, artwork and accessories among rooms on a whim. Just because you bought that armchair for the living room doesnt mean it wont look great anchoring a sitting area in your bedroom. And try perching a little-used dining-room table in front of a pretty window, top it with buffet lamps and other accessories, and press it into service as a beautiful writing desk or library table.

Room Transformations

If you have a room that serves only to gather junk, repurpose it into something that will add to the value of your home. The simple addition of a comfortable armchair, a small table and a lamp in a stairwell nook will transform it into a cozy reading spot. Or drape fabric on the walls of your basement, lay inexpensive rubber padding or a carpet remnant on the floor and toss in a few cushy pillows. Voila a new meditation room or yoga studio.

Home Lighting

One of the things that make staged homes look so warm and welcoming is great lighting. As it turns out, many of our homes are improperly lighted. To remedy the problem, increase the wattage in your lamps and fixtures. Aim for a total of 100 watts for each 50 square feet. Dont depend on just one or two fixtures per room, either. Make sure you have three types of lighting: ambient (general or overhead), task (pendant, under-cabinet or reading) and accent (table and wall).

Make It Bigger

To make a room appear to be bigger than it is, paint it the same color as the adjacent room. If you have a small kitchen and dining room, a seamless look will make both rooms feel like one big space. And make a sunporch look bigger and more inviting by painting it green to reflect the color of nature. Another design trick: If you want to create the illusion of more space, paint the walls the same color as your drapery. It will give you a seamless and sophisticated look.

Neutral and Appealing

Painting a living room a fresh neutral color helps tone down any dated finishes in the space. Even if you were weaned on off-white walls, take a chance and test a quart of paint in a warm, neutral hue. These days, the definition of neutral extends way beyond beige, from warm tans and honeys to soft blue-greens. As for bold wall colors, they have a way of reducing offers, so go with neutrals in large spaces.

Color Experiment

Dont be afraid to use dark paint in a powder room, dining room or bedroom. A deep tone on the walls can make the space more intimate, dramatic and cozy. And you dont have to go whole hog you can paint just an accent wall to draw attention to a dramatic fireplace or a lovely set of windows. If you have built-in bookcases or niches, experiment with painting the insides a color that will make them pop say, a soft sage green to set off the white pottery displayed within.

Vary Wall Hangings

If your home is like most, the art is hung in a high line encircling each room. Big mistake. Placing your pictures, paintings and prints in such stereotypical spots can render them almost invisible. Art displayed creatively makes it stand out and shows off your space. So break up that line and vary the patterning and grouping.

Threes Company

Mixing the right accessories can make a room more inviting. When it comes to eye-pleasing accessorizing, odd numbers are preferable, especially three. Rather than lining up a trio of accessories in a row, imagine a triangle and place one object at each point. Scale is important, too, so in your group of three be sure to vary height and width, with the largest item at the back and the smallest in front. For maximum effect, group accessories by color, shape, texture or some other unifying element, stagers suggest.

Raid Your Yard

Staged homes are almost always graced with fresh flowers and pricey orchid arrangements, but you can get a similar effect simply by raiding your yard. Budding magnolia clippings or unfurling fern fronds herald the arrival of spring, summer blooms add splashes of cheerful color, blazing fall foliage warms up your decor on chilly autumn days and holly branches heavy with berries look smashing in winter.

Serene and Inviting

Create a relaxing bedroom setting with luxurious linens and soft colors that will make a potential home buyer want to hang out. Bedroom staging trick: If you dont have the money to buy a new bed, just get the frame, buy an inexpensive air mattress and dress it up with neutral-patterned bedding. And remember to declutter. By cleaning out your closets, youre showing off your storage space, which sells houses it always ranks high on buyers priority list.

New Faces

If you cant afford new cabinets, just get new doors and drawer fronts. Then paint everything to match and add new hardware. And instead of replacing the entire dishwasher, you may be able to get a new front panel. Check with the manufacturer to see if replacements are available for your model. If not, laminate paper, which goes on like contact paper, can be used to re-cover the existing panel.

Repaired Wood

Unfinished projects can scare off potential buyers, so finish them. Missing floorboards and large cracks in the sidewalk on the way to your door tend to be a red flag, for example, and they cost you less to fix than buyers might deduct from the asking price.

Prim and Polished

Having tile professionally painted can make a bathroom look brand new. And accessorizing can make buyers feel like theyre in a spa. Put out items like rolled-up towels, decorative baskets and candles. Its a great way to create a polished look, and it doesnt cost much to do.

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It is a good idea to protect yourself as much as possible when you are selling or buying your home. It is within your ability to protect yourself, especially against making costly home selling mistakes.

Finding this information online, or from your real estate agent, is possible and within your abilities. To ensure that your deal is successful, you would be wise to accept any responsibilities that come your way. Your agent may care enough to go the extra mile, but if you will placing a lot of trust in that person. The following three approaches can be used to protect yourself from making some of the worst home selling mistakes possible.

If you list your home and it doesn’t sell during the life of the listing, there is a kind of black mark – stigma – that surrounds your home. Much of it is a psychological effect which is typical with stigmas. Potential buyers will wonder why the home didn’t sell during the original listing and assume that it must have a problem. To prevent this from happening with your home, there are steps you can take to safeguard against this problem. When this happens, you will have lost time and money. It is necessary for you to address to this problem before listing your home. See what kind of solution or recommendations your agent has to avoid this problem. Then, consider the efficacy of their answer. Nobody who wants to sell their home should settle for the first real estate agent they talk with. You need to gauge the experience of the agents you talk to and you can best do that by talking to a variety of different agents. While you are interviewing a prospective listing agent, discuss what they suggest as the listing price for your home. When you list your home, you hope that you will get as much from the sale as you can. However, this is an area where a home seller and their agent can make a big mistake. How fast your home sells will depend on a pricing compromise between too high and too low. Your potential buyers will instantly know if your asking price is reasonable or not as they have been looking at other comparable properties. You may lose many sales if your home is not priced according to the local market for homes like yours.

Getting acquainted with the real estate industry, and its many diverse terms and expressions is something that you should do. For example, there is the home showing which is a fairly intuitive term. In most cases, the buyer is coming over to look at your home. That’s what it means. But then there is what’s known as staging your home. You are getting your house ready for showing – that is what this means. You need to let a professional do this for you. It is worth your time and money. The person who does home staging will know exactly what to do and all the little tricks that are known to work. The money will be a very good investment and should be considered.

Costly home selling mistakes happened to many people. You need to avoid these and remember that your house is your investment. You need to take this seriously! Truth be told, it’s not as difficult as it may seem to be. It’s all about taking control over what is happening and using the information to do things the right way.

Staying out of this mistake it may be carried out such lots of ways. You can find some ways by letting in contact with this expert to assist and educate you on this concern.

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