Designed to Sell are happy to promote the Home Staging Association’s Training for Estate Agents, Developers, Homestagers and Interior Stylists
Training: We want everyone to benefit from the powerful marketing tool that Homestaging offers – to sell better and faster, and bring significant results to their businesses. So we are happy to align with the Home Staging Association (HSA) and introduce their training.
Visit our training page for more details of all the courses and how to book, and don’t forget you get 10% off all HSA courses with code LOVELEARNING.
Yes, you read it right! 10% off all HSA courses with code LOVELEARNING
The Home Staging Association is the professional body of Home Stagers within the UK and Ireland, and they have recently written a fabulous short article on Home Staging vs. Interior Design, as we find many customers are confused with the difference.
If you are thinking of marketing your property for sale please take a look at this short read, to really understand how Home Staging can help you sell, and the difference between employing a Home Stager and an Interior Designer.
The UK is currently experiencing a surge in house prices as demand meets a record shortage of homes for sale. Supposedly a frenzy of activity has driven UK property prices to a record high in April 2021, at the exact time that the government has launched a mortgage guarantee scheme to help people with small deposits on to the housing ladder.
Rightmove’s monthly survey of properties has found that the stock available to buy has fallen to the lowest proportion recorded, with buyers snapping up properties quicker than ever before. The average number of days to sell a property has also dropped to its lowest-ever level, at just 45 days, reflecting the scramble to secure a deal.
So why do you need to stage your home in this current market?
Even though there are plenty of potential buyers out there, it is crucial that you appeal to the widest audience – so that you can achieve the best price for your property in the quickest time frame. This is how Home Staging can help you. Home staging is the process of improving the appeal of your home – making it look bigger and brighter and more inviting – in order to increase its sale price; but without a huge financial outlay. It can decrease the time your home remains on the market, while helping you achieve the best price.
When you declutter and stage a property, potential buyers can easily visualise themselves living in the space, with the lifestyle your property offers. Most property searches now start online – and the property will appear more attractive on Rightmove and Zoopla, so get more immediate interest. It makes potential buyers feel more confident in the property, that it is in good condition and move in ready – and shows the full space the property offers.
Designed to Sell can help you stage your property and get it sale ready, but if you want to know our 100 Top Tipswe have created this handy guide – to help you get sale ready on your own!
Feel free to contact us if you want more advice or to discuss your property sale.
Flipping property. It’s a plan that a large number of people like the idea of – buy a property below market value, do some work on it and then sell for a profit.
Yes, it can work well, as long as you follow the rules. Too often people spend more than they planned as the excitement of bringing a property back to life takes over their life.
So where do you start when looking at this as a strategy to make some money?
Start at the end… this may seem strange but you need to have a good idea of what the likely selling price will be and make sure this is realistic – rather than start with the price the property is on the market for. What have properties around that area sold for? (move out a quarter of a mile). What is the demand in the area; what is the likely selling price if you refurbish it to the standard that there is a demand for?
Now work out the costs of your project and allow a 10% contingency on top. One of the main things you need to get right is your renovation budget. This is achieved by knowing what your customer will expect for the price and realising its about what your buyer wants not what you want.
Next work out how much profit you would like to make from the project. What is the minimum you would accept?
At this stage, add your costs and profit and take them away from the likely selling price. This gives you the absolute maximum price you should pay for that property.
Then see if you can negotiate to get it for less.
So even if the asking price of a property looks good, it may not necessarily be good enough for you to tie up your money.
Going back to point 2, the most important thing to get right when flipping is to work out the standard required. Too often people either go for a higher end finish than is required, and this actually eats into your budget, so step away from those designer taps! Alternatively, if you do a budget refurbishment and your buyer is expecting a high spec finish, they will not even come over the threshold to look at your property. Have you noticed that many estate agents today are using their photography skills to concentrate on taps! These same agents are however a great source of knowledge on what people are buying and what they will pay for it in their area too.
I hope this has helped you look at flipping a property in more detail, and as always if I can help you on your property journey then please get in touch.
Its great news that the Stamp Duty Holiday was extended until end of June, instead of it ending on 31st March as originally planned. This means that all sales up to a value of £500,000 will have no stamp duty and be a major relief for all those struggling to complete before the end of March.
Will this affect your future plans? If you want to get your property sold quickly, having it staged by a professional can really help. In their 2021 Annual Report the HSA surveyed property professionals and over 51% of those questioned believed staging helped their properties to sell faster. If you would like a copy of their report, or to discuss their findings, please contact us.
For more details on the stamp duty holiday check out the piece below on rightmove.
Its great to be able to showcase our latest homestaging project in Brentwood – a HMO that is now on sale as a 3 bedroom and 3 bathroom home.
The property was being let as an HMO so had a lot of large furniture which we had to remove and put in storage. We moved some bits about and put in a lot of decorative touches and added some pops of colour. We are hoping that this will get sold soon!
We are very happy to say that this property has now sold – within 2 weeks of it being staged!
If you would like to know more about our homestaging services, or would just like a chat to see how we can help you sell your property, please contact us.
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