We have all experienced a time when we were “penny wise but pound foolish” and regretted buying something because it had the lowest price, only to find out the item broke too soon, was not the quality we were looking for, had maintenance problems or other issues. I know I have with a few vehicles I have purchased!
If we had just purchased a higher quality item, it would have saved us money in the long run and we would have been much happier with our purchase. It is easy to make decisions quickly based on cost rather than stepping back and considering the “bigger picture”.
As a home stager, color consultant and designer, one thing I do is help home sellers sell their house as fast as possible and for the highest possible price. I know your home is probably your biggest financial asset and that selling a house is stressful. Helping you get through the process fast and with great results is my success story too!
AMEN and PREACH to all of this!! It makes zero sense to skip staging – it is an investment with almost no risk and a HUGE return. And I couldn’t agree more about “lite” staging – that is worse than no staging at all and a complete waste of money. A time out chair and a plant in the corner of a room do not an engaged buyer make!
I know, the light staging is so distracting to buyers. They spend their time wondering about the weird staging instead of focusing on the great aspects of the house! Thanks for reading!
You make an excellent point. Taking a huge markdown is far more painful than the cost of marketing a home well. Staging is a critical part of marketing.
Thank you! Yes that first mark down is usually 3x the cost of home staging!
Penny-wise and pound foolish is so true when it comes to home staging. Great post and videos in particular!
Thanks so much Linda!
You’re so right! Sometimes a few small updates are all it will take to get a much better price for your home. Stagers are an underutilized resource, and more homeowners should be taking advantage of their services.
Thanks so much! Sometimes I go into a home and think OMG, how can I work with this and come out thinking “I would buy this house” just using what they have. Staging can really make miracles happen!
I could not agree with more Mary Ann! Homeowners so often fail to see the big picture holding every penny so tight they shoot themselves in the foot.
Wish more knew the actual facts instead of their own opinions.
So true!! That is why it is important to hire a pro so they can give you an objective look at your home, which is really hard to have when you live there every day. Stag ng is an investment just like any other. You need to put something in to get more back.Thanks for reading!
All of your points are so valid and true! I too can never figure out what is going on in the minds of someone who would rather pay many more months of mortgage payments vs having the home staged.
I know, people often forget about the value of selling quickly in saving on all those monthly holding costs which really add up! Thanks for reading!
Mary Ann, what great advice about being penny wise and pound foolish! It’s all in the numbers, staging a home well is definitely the right way to go! Lots of great advice in this post.
Thanks so much Amy!
Amazing points, I learned a lot and love the videos they really help!
Thanks so much Suzi!