Although there are still plenty of bank owned homes for sale, they are relatively easy to compete with. The only thing foreclosures have going for them is price. But the buyer really does not know what they are getting when buying a foreclosed home due to the fact in most cases the bank is not required to provide a “sellers disclosure form”.
Palm Beach Home Staging can speak first hand about foreclosed homes in south Florida and the Jupiter to Baca Raton real estate market. Staged homes are out selling the foreclosed homes by a wide margin. “People buy into a life style here says Karen Sue from Palm Beach Home Staging. When buyers look at a home that’s decorated like a $525,000 home, and see it last sold for $525,000 but is listed at only $250,000, they grab them up quickly.
When successful Palm Beach area realtors were asked how to compete with bank owned homes here are some excellent suggestions they offered.
There are a few inexpensive ways to do Staging. One is to hire a Stager to do a consultation. The cost is anywhere from $150.00 to $300.00 depending on the size of the home. They can provide expert advice on how to maximize the homes live in appeal for the least possible expense.
For a vacant home the most economical way to Stage it is through a home manager. Home Managers are essentially live in home stagers. Not to be confused with tenants as tenants have no desire to assist the seller in getting the home sold. Tenants can be uncooperative with Realtors and don’t always make sure the home is clean and presentable. In some cases have even been known to sabotage the sale. The bottom line is in many cases they don’t want the house to sell. Home Managers on the other hand behave professionally and cooperate fully and assist the buying and selling agent as much as possible to make the home look good to a potential buyer. Many Home Managers stay in the home staging program for a year or two. Home managers have a full background check and are matched to homes based on the furniture and interior décor they own and will be placing in the residence. This main advantage is the staged home program doesn’t cost the seller anything. The home manager takes care of the property, lawn maintenance and utilities plus a small fee to the Staging Company to be in the program. The Staging Company professionally Stages the property using the Home Managers furniture and decorations.
Make sure your Realtor has professional photos and lots of them. It’s sad to see property owners put great effort preparing a home to sell only to see the home sit on the market due to poor photos on the internet that offer no incentive for buyers to view the home in person. Most buyer’s look on the internet first. If the photos don’t entice them they won’t have it on their list of homes to see this weekend.
Whether real estate is listed in a slow or brisk market place there is a huge advantage afforded by utilizing the services of a home manager. To learn more about home staging and home managers in your area visit the Palm Beach Home Staging website today.