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Estate Agency Featured Property Investment Property Staging Real Estate UK Property Market

You Aren’t Desperate to Sell, Are You? Your Property Says Otherwise

When developing properties we often think our target market is first time buyers, downsizers and upsizers but we often forget that other property savvy investors like ourselves may be looking to buy, endlessly scrolling through Rightmove trying to hunt down their next deal. And your empty, lonely, cold looking, magnolia painted property is their next target. 

Why?…It’s been sitting on the market for 2 months, no commitment, no offers, no closing date, no movement. 

This is an outrage! Your property has been valued at 60K, the highest value in the street!  Your property has just had a 10K refurb, its been completely rewired, redecorated, new flooring, a new bathroom & a new kitchen YOU DESERVE FULL MARKET VALUE! But it’s been on the market too long now & here come the investors looking to bag themselves a bargain. 

You’ve paid an extra 2 months of mortgage payments or god forbid bridging & the clock is ticking. Stress levels are rising…will you ever shift your property.

You finally sell after another 4 weeks. You accept an offer at 55K, although you know your property is worthy of that 60K mark. Plus you’ve paid ANOTHER month of fees! 

The Solution:

Property Staging = SOLUTION 

You would have had a small upfront fee of around 1-2K on day one after the refurb completed. Your estate agent books in 10 viewings on day 1 of the property going online. All buyers are interested, submitting offers or notes of interest. Your property goes to a closing date. 

You were expecting the top offer to be 60K, you were offered 66K! That 1-2K you may have thought twice about paying, has just made you an extra 5K. RESULT!

You avoided 3 months mortgage/bridging payments. You got 6K more than you expected, oh & all that stress…well it just didn’t happen.

…Now for that next deal!

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Estate Agency Featured Property Investment Property Staging Real Estate The UK vs The US UK Property Market

Property Staging is “The Norm” in the US, When is the UK going to catch up?

We aren’t behind the States in a lot of things but we are in one major department! In America staging is the ‘norm’. Home owners are doing it, investors are doing it, but it’s mainly estate agents that are doing it! Us British really need to catch up! As one of the few property stagers in the UK we believe property staging should be an industry standard. We really need to increase the quality of our properties, our marketing & the “shop window” of Rightmove. If you search some key areas in the United States & Sweden, their properties are immaculate, attractive & you WANT to buy them. Have a peep into the UK & you’ll find clutter & dishes in sinks.

How do we change this? Awareness & Action. 

As a country we have to improve the quality of our properties for market, whether we do it ourselves or hire a Staging Professional, change is needed. Staging is an amazing tool to speed up the sale of our properties & provide quality housing for UK families. We need home owners, investors & estate agents to get on board.

In the States, a whopping 34% of the agents surveyed recently INSIST on ALL their properties being staged! This figure would be closer to 0% in the UK!

 “Among properties that are staged: 62% of sellers’ agents offer the property staging services to their sellers, 39% of sellers pay for the staging before the property is listed, 10% of sellers pay after the property is sold, and 3% percent of agents’ firms pay for the property staging service.”

We need to begin seeing staging, not as an expense but as a vital tool to make MORE money. Studies have shown investing less than 1% of your properties value will make you a 1000% percent return. Who doesn’t want that result? 

So when is the UK going to catch up with the US?  

Awareness is growing and we are getting there slowly but the biggest influencers in residential property sales are still estate agents. Who often say to clients “wait a few months & we will see how it goes” costing their clients far more in the long run than just paying for property staging. 

 I believe once we get our estate agents on board, like in the US, the UK will begin to have a very attractive “shop-window” with properties flying off the shelf.