to read the article on Staging in the March
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to read the article on Staging in the March
Lesson plan for selling in for selling in tough times It’s elementary, Realtors® say: Start by staging your clients’ homes W hen Chad and Trisha Chambers fell in love with an English, cottage-style home in Dilworth, they did what other homeowners do: They put their current home on the market. The catch was, they went ahead and bought the house on Ideal Way before selling their home in the Plaza-Midwood neighborhood. Plus, the residential market in the Charlotte region was already slow in spring 2008, a reality that has only gotten worse in 2009. The couple knew they could handle both mortgages for a few months, but they were “nervous,” Trisha says. Yet, the weekend the Plaza-Midwood house was listed in the MLS, the couple landed a $405,000, full-price offer on their small bungalow on Thomas Street. The quick sale, Trisha says, is attributable to one main factor: preparing the home inside and out so potential buyers were impressed with the property and could envision themselves living there. As many Realtors® know, that process is known as “staging.” It involves everything from sprucing up the yard and exterior to cleaning and de-cluttering the interior. It can also mean upfitting a vacant home with furniture and Elizabeth Grillo, broker/owner EG Real Estate Consultants Tony Smith, broker/owner Wanda Smith & Associates By Susan Shackelford accessories to create a sense of hominess and an idea of how spaces may be used. With fewer buyers in the market today, staging a home has taken on heightened importance, Realtors® say. “We have a fraction of the buyers we did, confidence is low and we have lots of listings,” says Elizabeth Grillo, broker/owner of EG Real Estate Consultants. “To be competitive you have to stage your houses.” Tony Smith, broker/owner of Wanda Smith & Associates and 2003 CRRA/CMLS president, agrees. “You’ve got to be better than the competition,” Smith says. “You’ve got to be staged better, got to be cleaner and got to be better priced.” “I’m staging all homes,” says broker Joan B. Goode with Dickens-Mitchener & Associates, Inc. “Now we are in a buyer’s market — you have to ask, why would a buyer pick this house over another one? They have to walk through the front door and love it. “Also, if they are driving past, if yours stands out visually, it’s a big advantage,” Goode adds. From emotional to professional In the Chamberses’ case, broker/owner Keren Boyan and her RE/ MAX Classic Properties team did the staging themselves. Some Realtors® or homeowners hire professional stagers or interior designers to provide the service. Charlotte is also home to a regional chapter of the International Association of Home Staging Professionals, a national organization of accredited stagers (see page 17). Getting sellers to stage their home, however, is not always simple. Trisha Chambers was a little wary at first and even more emotionally invested in her home than many people. “I design houses for a living,” she says. “When Keren first talked about what she wanted to do, I thought, ‘What are you talking about?’ At first you’re sort of offended. It’s a very humbling experience to have someone tell you what’s wrong or what could be better.” Nonetheless, Chambers and her husband took the plunge and went to work on the list of Keren Boyan, recommendations provided by the Boyan team. broker/owner “It’s very emotional when you sell a house, but RE/MAX Classic what they did was the best thing that could be Properties done — theyy look at it from the perspective of just Chambers says. “They also know wanting to sell it,” Cham how emotional it is, and their team will take over and drive the train.” is for appearance is for benefits Investing more energy, less money In today’s market, Boyan rarely recommends th that sellers do major renovations, and she didn’t in the case of the Chamberses. “Instead of upgrades, we’re saying how can we be the best deal?” Boyan says. “If people in this market are wanting to sell, then usually they are not wanting to invest a lot in their house. … Plus, if you spend the money, what if your house doesn’t sell? … And if it does, you may not get back what you put into it.” The Chamberses repaired plaster, put hardware on some interior doors, painted the brick foundation and chimney and did front-yard landscaping to boost curb appeal. They also removed furniture to improve the flow in the 1,100- to 1,200-square-foot home. “Trisha and Chad didn’t spend a lot of money, but they spent a lot of energy,” Boyan says. They also took the time to get the house ready. “We put probably three weeks’ worth of cleaning, cleaning out and repairing into the house before we put it on the market,” Trisha Chambers says. “At times, we wondered if we were ever going to get it on the market, but waiting and doing those things was so worth it. It sold right away.” is for curb appeal ‘Made it look like a model home’ Meanwhile, Goode of Dickens-Mitchener & M Associates, Inc. obtained a similar quick-sale Ass result from staging Beth Winterfield’s nearly res 2,000-square-foot house in Candlewyck. 2,0 ““I was a single, working mom with three children (ages 18, 15 and 12) and two dogs and a cat — (ag it w was very much a ‘lived in’ house,” Winterfield Joan Goode, recalls. “Joan brought in a staging company (Dorann rec broker Designs), and they pretty much did everything.” De Dickens-Mitchener & Associates, Inc. Winterfield, who was moving because she was W remarrying, was shocked at the transformation. rem “They made it look like a model home,” she says. “They even placed “Th fresh flowers. It looked really nice.” fres The house sold within three days after it was listed in May 2008. T Listed at $249,000, it closed at $254,000 in August. “Staging was Lis HUGE,” Goode wrote in an e-mail. “The stagers moved every piece of furniture in the home so that it showed beautifully. I also suggested to Beth that we wash all the windows, which played another big role.” Winterfield believes the staging, plus some updates she did to the home when she moved in five years earlier, gave her property an edge over much of the competition in Candlewyck, a decades-old southeast Charlotte subdivision. Though she didn’t redo the kitchen or bathrooms, she put in an irrigation system, added a new roof, used neutral paint colors, replaced carpeting and added plantation shutters. “I see a lot of people moving into Candlewyck now doing these things, and mine had it done,” Winterfield says. Sold before they enter the home Curb appeal has taken on increased importance in today’s market, Goode says. “The huge thing now is exterior landscaping — just cleaning up your yard,” she says. “With the leaves off the trees, your house can really stand out by putting a few pots of flowers here and there. continued on page 18 MARCH 2009 REALTOR® REFLECTIONS 15 Be a ‘neat freak,’ and other rules of staging By Susan Shackelford The importance of staging a home in today’s market has increased because of the fierce competition for buyers. Following are some staging tips that Realtors®, stagers and interior designers shared with Reflections. Some of the stagers hold the Accredited Staging Professional (ASP) accreditation and/or the Accredited Staging Professional Master (ASPM) accreditation. Clean “Your home needs to be spic-and-span and in move-in condition,” says Marcyne Touchton, ASP and ASPM, with Domaine Staging. “As Barb Schwarz, the creator of staging, says, it needs to be Q-tip clean. The perception of prospective buyers when they come through the door and see cobwebs and dirt — they perceive the house is not well taken care of.” Neaten “Neatness matters,” says Tony Smith, broker/owner with Wanda Smith & Associates. “You even want the closets to be neat and organized. You want people to say, ‘They’re neat freaks.’ They see it as a good indication that the sellers have cared for the house, whether they have or not.” De-clutter “When you live in a house every day, you don’t notice the clutter,” says interior designer Karen Shue, owner of Serendipity. “When you sell, you have to eliminate it.” A common problem “is too much oversized furniture,” says stager Melissa Kabel, ASPM, and 2009 president of the Charlotte chapter of the International Association of Home Staging Professionals. “You need to keep the flow of the house going.” “Too often we see too much stuff in a space,” says Susan Mikhail, co-owner of Full Circle Staging and Design. “We eliminate some of the furniture and other items.” Lighten up “If a home has heavy draperies, make sure they are all open so that buyers can see the amount of light,” says interior designer Nick Prato. He also notes that removing all or part of a wall or adding French doors can bring in light. “People don’t want to live in the shadows,” he says. De-personalize “Remove most pictures and other things that personalize a house so that prospective buyers don’t see the homeowners when they visit — they see how their own life fits there,” says Karen Jones, who has a master’s degree in interior design and is co-owner of Full Circle Staging and Design. Consider wall color “Most people plan on painting anyway, but they like a neutral backdrop — a clean canvass to work from,” says Smith of Wanda Smith & Associates. “You go into homes at all price points and you see some absurd colors.” “I worked with a homeowner once who was not willing to paint over a mural in a child’s room, even though the mural contained the name of her child,” says stager Cheryl Cox, ASP, of Stage Coach Home Staging. “I am a color person,” says interior designer Shue, “but a lot of people can’t walk into a red room and see possibilities. I advise bringing in color but toning it down.” Use good photos “Look at the photos online and you see a lot that should not be there because of the quality,” says Cox of Stage Coach Home Staging. “Photography plays an important role in selling a home. You can showcase architectural details of a home rather than showing an empty room.” “Use a professional photographer,” says Touchton of Domaine Staging, “Most people look at the house online before they put a home on their ‘must-see’ list.” Stage before listing “Don’t be in a rush to get a home on the market,” says broker Joan B. Goode with Dickens-Mitchener & Associates, Inc. “Get it ready and photograph it when it’s not raining and the sky is blue. People are clicking on the Internet; that is their first shopping point.” “Each house needs to tell a story of how it’s enjoyable and easy to live in,” says broker Elizabeth Grillo of EG Real Estate Consultants. “The whole house has to tell it.” 16 REALTOR® REFLECTIONS MARCH 2009 “I advise homeowners to talk to their Realtor® before putting it on the market — don’t put out a shingle and stage it later,” says stager Kabel. “You’ve got to make a great first impression.” Keep buyer in mind If you’re staging a vacant home, select furnishings that might appeal to the target market for the property. For example, “if it’s a condo near uptown, I’m going to gear it to young single professionals or couples who likely don’t have kids,” says broker Jeff Absher of RE/MAX Classic Properties. “The staging would be sort of urban, somewhat contemporary but cozy, and a lot of earth tones — the Crate & Barrel or Pottery Barn look.” Establish, maintain curb appeal “Change the hardware on the front door and the street numbers on the house if they don’t look good,” says interior designer Prato. “Wear on these items shows a lack of care. The buyer thinks, ‘If you’re overlooking these things, what are you overlooking inside?’ “You can have the greatest interior in the world … but without curb appeal, prospects won’t even go into a house,” says stager Ann Hodges of Sensible Space. “Have a well-manicured yard, shrubbery that’s been trimmed and something to make them feel welcome, like a nice clean mat at the door. Also, repair light fixtures, and make sure the house is washed down. You don’t want people to go to the front door, see cobwebs and think they are going into Dracula’s house.” “Curb appeal is so important because of the Internet,” says stager Kabel. “In the first 30 seconds online prospective buyers decide if they like the house or not.” “Houses have to exhibit a pride in ownership,” says Smith of Wanda Smith & Associates. “You want shrubbery pruned and the yard cut. You want the yard to look like it just had a haircut all the time.” “Paint the front door and/or woodwork if it’s needed,” says Lynnsy Logue of Lynnsy Logue Real Estate. “Also soap and water go a long way; clean everything. You may need to power-wash the house. Trim the bushes, put out pine straw around the plants and fix the brick porch if it starts splitting.” Accreditation for Realtors® and stagers Many Realtors® stage homes for their sellers, while others turn to interior designers, decorators and stagers to provide the service. Some stagers obtain accreditations. There are three options, all provide through StagedHomes.com. They are ASP Real Estate Agent, a two-day course; Accredited Staging Professional (ASP), a three-day course; and Accredited Staging Professional Master (ASPM), a five-day course. One must complete the three-day ASP course before taking the ASPM class. In late January, NAR was slated to start offering a $349 online staging course at www.learninglibrary.com/realtoruniversity. Barb Schwarz, the founder of the staging concept, provides the course. It educates Realtors® on the staging concept but does not provide accreditation, Schwarz says. “I teach agents how to communicate how important home staging is,” Schwarz told Reflections in an e-mail. She also imparts “how to work with ASP home stagers to help the seller sell property in today’s market for top dollar in the quickest amount of time,” she says. Agents also may take a $399 online course through Schwarz at her own Web site, www.stagedhomes.com, and earn the ASP accreditation. Staged Homes provides classroom options to obtain accreditations as well. Once the accreditation is obtained, it must be renewed through annual dues, according to the stagedhomes.com Web site. Stagers with a current ASP designation and who maintain a bio/feature page at stagedhomes.com are also eligible to join the International Association of Home Staging Professionals (IAHSP), which has a regional chapter in Charlotte with 29 members as of mid-January. The chapter won one of IAHSP’s 2008 chapter excellence awards, says Melissa Kabel, ASPM, and 2009 president of the IAHSP Charlotte chapter. — Susan Shackelford MARCH 2009 REALTOR® REFLECTIONS 17 is for decor continued from page 15 “It’s amazing when I drive by a property with buyers,” she continues. “They have made up their mind about a house about 50 percent of the time before they ever go through the front door. They have looked at it online. If they drive up and it looks better than it did online, then they might go in.” Adding a cozy feel to an empty residence With vacant homes, staging is a “must” in this market, many Realtors® say. In nearly six years of selling real estate, broker Jeff Absher had never recommended hiring a staging company to upfit a vacant home — until last summer. “In the past … if it was a vacant home in a hot neighborhood, it was almost a waste of the seller’s money,” says Absher, who is with RE/MAX Classic Properties. “Maybe if I had had more Jeff Absher, listings in suburban neighborhoods it would have RE/MAX Classic been necessary.” Properties His seller, who had relocated to Connecticut, updated the three-bedroom town home in Dilworth Heights last spring, putting in new cabinets, appliances, refinishing floors, replacing carpet, etc. But in seeking a top price in that market, Absher knew it had to be staged as well. “I had to convince the seller because he was the one who was going to be paying for it,” Absher recalls. “In the old days when people were fighting in the yard over who would get a house, you didn’t have to worry about it so much. Now real estate agents need to use every tool at their disposal.” The seller picked Showhomes Charlotte from three staging companies Absher recommended. After meeting at the town home with the firm’s Phyllis Graham and discussing the urban but cozy feel Absher was looking for, Showhomes took it from there. It selected the furnishings, supervised the movers and cleaned up afterward. The seller’s $3,500 to $4,000 in staging was well worth it, Absher says. Listed in July 2008, the house sold in about three months for $295,000, 9 percent less than the initial asking price of $325,000. “The most a unit like this (in Dilworth Heights) had ever sold for was $302,000, and that was in 2007 when the market was at its peak,” he notes. Expounding on staging’s role, Absher says: “It’s all psychological based on visuals. It gives buyers the idea of furniture placement and makes the place seem more like a home. I’m not sure buyers are conscious of it, but at the end of the day when they’ve seen 10 houses, they tend to remember ones … that are warm and more exciting.” 18 REALTOR® REFLECTIONS MARCH 2009 , , MARCH 2009 REALTOR® REFLECTIONS 19