Afraid you don’t have enough flair for decorating to stage homes? This could be because of those decorating shows and magazines which feature photos of rooms adorned with strategically placed fruit and seashells. Don’t let something like this stop you from pursuing a career in home staging. While photos of rooms decorated like that might sell magazines, those tactics will not help sell a property. In fact, I like to call these decorative touches “silly staging tricks” and here’s why.
The property staging process requires you to slowly move out of your home. This could be an emotional period for you. If you find yourself facing this problem, stop for a short while or maybe slow down a bit. Take a breather. Then, you can reorganize if you need to. You need to make sure though that you keep things moving no matter how small. Bear in mind that you have a schedule and that it’s important that you follow it.
If potential buyers admire your furniture, then offer it to them. Tell them to add their cost to their offer price. It will then be amortized and add next to nothing to their monthly repayments – you both benefit. If they are unsure about that, it may be worth your while to offer it to them free if they make an offer immediately. That’s up to you, but that has also been known to happen. It secures an immediate offer and your home is sold rather than you waiting for months.
If your rental staging has no tenants, you’re not making any money. Not only do you have to find people who want to rent your property, you also have to make sure that the potential renter is suitable to rent your property. Property management companies will do the advertising and marketing for you to pull in potential renters. Once they have people interested, they will screen the potential tenants and run the necessary credit and background checks to make sure that they will be able to pay their rent. They will be the ones to deal with the tenants.
Get the history of the property together. Many a buyer will want to know about previous occupants and property usage. Industrial property is a special case in point.
Keep your finances in good shape. Monitor all your ingoings and outgoings. Make sure that rent is coming in regularly and follow up any arrears immediately. Only spend money on items that can be considered an investment and will enhance the value of your property. Set up a maintenance schedule so that this is done on a regular basis. This will ensure that your property keeps its value and that you don’t have to pay a huge repair bill in a few years because the property was neglected. A well maintained property is easier to rent out and brings better returns.
Looking for the right company to work is another thing that you should read more about. There are several factors that rental property owners should consider when choosing the company that would oversee the operation of their property including expertise and experience. If you are very serious about making the most out of your investment, you should consider the benefits listed above and start looking for the right company to entrust your investment to.