REINZ Real Estate Magazine - Summer 2021/22

Page 56

INTEREST

Vendor tips: How to find the right home stager

Karen Jackson, Managing Director, Lifestyle Finance

As any real estate agent knows, staging a home can be a crucial selling point when it comes to marketing a property. And to achieve that emotional connection between the property and the buyer, enlisting the help of a professional home stager can be invaluable.

With this in mind, here are some expert tips on finding a good home stager who is experienced enough to make their property stand out in this hot market.

Use a professional or DIY? If you have a flair for interiors, it may be tempting to stage the property yourself. Sometimes, it can be as easy as rearranging existing furniture, removing clutter or adding some artwork. However, keep in mind that experienced home stagers know what makes buyers tick and how to use staging to highlight the best features of your property. Of course, it’s an additional cost to factor in, but if carried out properly, staging can be an ‘investment’ in emotional appeal.

How much does professional home staging cost? Fees may vary widely based on the stager’s experience and competency. While it’s better not to choose on price alone, you may want to know what options are available within your budget. When it comes to ball-park figures, the prices depend on the size of the property and period length. Usually ranging from as little as $1,000 to $5,000 (and even more at the highest end) for a five-week period.

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The Real Estate Institute of New Zealand

It’s crucial to find a balance between what you’re comfortable paying and what you’d like to achieve. Keep in mind that hiring a less expensive stager doesn’t guarantee that you’ll save money. Some stagers may cost less, but they might also use cheaper furniture and accessories. If the look is not aligned with the property and your target buyers, it may affect the sale price. The good news is you may not need to choose between your budget and your property opportunities. With our ‘Advertise now pay later’ option, you can borrow up to $15,000 (or higher amounts on request) to fund the marketing of your home and you won’t have to make any repayments for 90 days. It’s longer than most vendors need to find a buyer.

Have they received formal training? Though certification isn’t mandatory for home stagers, it goes to show that the stager has invested in their professional development. Most courses focus on providing market knowledge as well as teaching targeted lifestyle design skills. It can also be a good idea to ask the stager how they’re keeping up to date with staging trends and new techniques.


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Articles inside

Reflecting on an eventful 2021

3min
page 6

Privacy and real estate — how is the Privacy Act 2020 relevant to agents?

2min
pages 64-65

Business unusual: COVID-19 and real estate advocacy

4min
pages 62-63

A fresh look at directors’ duties in our modern world

3min
page 61

Next edition of the ASPRE

2min
pages 60-61

Marketing: Licensee’s obligations to vendors and potential buyers

3min
pages 58-59

Vendor tips: How to find the right home stager

3min
pages 56-57

How to manage your personal finance amidst a pandemic

2min
page 55

‘Giving back is key to being good at real estate’

3min
page 54

The upshot and the lowdown on accountability

5min
pages 52-53

The importance of giving back to the community

3min
pages 48-49

A new way to buy a first home with shared ownership

4min
pages 46-47

Four reasons to build relationships with buyers

3min
page 44

Housemart Queenstown: small, but with big ideas

2min
pages 42-43

Marketing with Purpose: 3 Steps to Connect

1min
page 40

What’s coming up in the education space in 2022?

2min
page 39

2021 milestones in Residential Property Management

2min
page 38

REINZ RPM Sector Group

6min
pages 36-37

Taking a leap of faith to start a property management business

3min
pages 34-35

COVID-19 and the economy

4min
pages 32-33

Commercial and Industrial market robust despite COVID-19

4min
pages 30-31

Navigating the tourism property industry during unprecedented times

3min
pages 28-29

New ETS accounting method and implications for land transactions

4min
pages 26-27

New rules for land sales to overseas investors

3min
pages 24-25

Hot demand for construction board made from packaging waste

4min
pages 22-23

Growing well on the Kāpiti Coast

4min
pages 20-21

Queenstown Lakes District continues to flourish

3min
pages 18-19

2021 REINZ Awards for Excellence

3min
pages 13-17

REINZ new team member

1min
pages 12-13

Out & about

12min
pages 8-11
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