Revamp Home Staging Explains Key to Successful Selling in Vancouver's Real Estate Market
The trend called “home staging” is giving some of the Lower Mainland’s savviest realtors and homeowners a huge advantage when competing for the attention of real estate buyers.
Vancouver, BC (PRWEB) December 11, 2005 -- With 2005’s real estate boom over and the threat of rising interest rates still on the horizon, some homeowners in Vancouver are becoming anxious about the year to come. But a trend called “home staging” is giving some of the Lower Mainland’s savviest realtors and homeowners a huge advantage when competing for the attention of buyers.
Home staging is a simple way to professionally prepare any home to appeal to potential buyers. Unlike redecorating, which simply makes a home a beautiful space to live in, home staging focuses on the experience of the viewer.
With some properties languishing on the market, especially unfurnished or poorly presented homes, staging can provide a critical competitive advantage.
Home staging is a strategy developers have used for decades to create show homes – and it’s why those new developments sell out so fast. With buyers clearly ready to spend, savvy sellers are using home staging to ensure a quick sale – or even start a bidding war.
Take, for example, the case of Martin MacLachlan, whose downtown condo recently sold for 10% ($35,000) over asking price in only one day.
"I estimate that the extra money I got in the sale price was more than four times the amount I spent on the [updating and staging work," MacLachlan said "The money I spent on staging paid huge dividends.”
“Over the last 3 years, we’ve seen a huge increase in demand due to the number of educated real estate sellers wanting top dollar for their homes,” said Michael McNamara, the co-owner of Revamp Home Staging. “Our most popular service is now the ‘Interior updating and home staging package’, our client’s have been thrilled with the response.”
One such seller is Stephen Aberle, who had his Westside Vancouver investment property updated, staged and sold. “Over a three day opening we received four offers, and sold the property for substantially more than our asking price,” Aberle said he “achieved first rate results: a beautiful presentation and a good sale.”
Staged homes are not only selling faster, they are getting offers at – or even over – asking price. Sheila O'Brien, a realtor with Dexter Associates Realty, recently listed a staged home for the first time.
"My job of marketing the [staged property was made easier,” O’Brien said, “But more importantly, our client achieved a higher seller price - I have no doubt about it.”
About Revamp Home Staging Ltd:
Revamp Home Staging Limited has been operating in the Lower Mainland since 2003. Revamp founders Michael McNamara and Rien Sharma draw on a broad background of design and real estate investment. The company has enjoyed immense growth during the 3 years of operation and the Revamp Team currently consists of seven people.
Revamp’s office is in Vancouver, with warehousing operations in Richmond. Testimonials from many of the satisfied homeowners, developers and realtors they have worked with, and home staging tips for anyone considering selling a home, can be found on their web site: www.RevampConcepts.com
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