Posted on Leave a comment

Stay or Sell: Making a Decision on Your Property

stay or sell

Article written by Jim Vogel

Elderaction.org

jim@elderaction.org

As the housing market continues to surge, you may be looking at your property and considering whether to stay or sell. Either of these decisions comes with a host of merits and setbacks. You will want to review all of them to ensure your next move is the right one.

Improving

The term ‘home improvement’ can refer to a couple of new flowerpots or a complete household restructure. However major your intended changes, as long as they improve the property, they should also improve its selling price. There are many conversions that are almost guaranteed to add value. A cellar-turned-living space can add 30% to the price, for example.

If you are making upgrades to improve value, it is worth speaking to a Designed to Sell consultant. Experts will usually have insider knowledge of contracts, construction costs, and market trends. Their advice can help you make and execute a smart decision.

Walls often escape our consideration when home renovating, but they can be the key to unlocking or dividing property. If you’re struggling for space, knocking one wall down can create new, breathable open-plan areas. Just remember when doing this to take cautious measures. Seek advice, and work methodically so as not to damage yourself or any other structures.

Alternatively, dividing up a house with walls may offer new potential for renting. Especially in two-tier houses, you can split a property into units to be used by tenants. Again, this is a big commitment and can cost upwards of £25,000 for even a simple living conversion.

When deciding whether to improve your home, the most important question should be ‘do I want to continue living here?’ Home improvements, however drastic, can’t change the area you’re living in, and may further entrench you in it.

Selling

Contrary to common belief, selling a house these days can be relatively stress-free. In terms of preparation, sometimes a declutter and deep clean will be all you need. When dressed properly, a house can fetch 10% above its previous sale price. To discuss the viability of selling and the costs of getting everything ready, again, you’ll want to consult with an expert. These reviews can now be done virtually, so you won’t need to worry about pandemic restrictions. Just an hour’s conversation will give you an idea as to how much work is required before you’re ready to list.

As well as the work required to sell, you’ll probably be thinking about profitability. How much you can make from selling will depend on the state of the market, your local area, and the specifications of the property itself. All of these variables are subject to change. Keeping a finger on the pulse of investment trends, changes to stamp duty, and supply and demand is key to ensuring you sell at the best price possible.

Remember, the housing market is aligned with society at large — that means it responds to stimuli like the wider economy or the pandemic. Garden properties, for example, are in hot demand since the start of COVID.

If you’re unsure of the financial feasibility of a move, our advice is to use a mortgage calculator to estimate your monthly payments and check whether a new loan is viable. Oftentimes, with some financial gymnastics, you’ll find there were more options than you originally thought.

Whether you decide to sell or stay, you’ll want to bring your property to its best potential, but getting it there is hard on your own. For the best outcome, it’s crucial that you seek advice from experts and use the services that are available to you.

Designed to Sell is a home staging company, operating in the Essex area. Speak with us today and see how we can improve the interior of your home.

Posted on Leave a comment

Stamp Duty Holiday extended

sell your home

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.

https://www.rightmove.co.uk/news/articles/property-news/stamp-duty-holiday-extension?utm_source=clipboard&utm_medium=sharing&utm_campaign=news

Email or call

Jackie: 07726 270 850

Louise: 07800 586 353

Posted on Leave a comment

Our recent homestaging project in Brentwood, Essex

Staging Project Essex

Brentwood, Essex

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.

  • Staging Project Brentwood
  • Staging Project Brentwood
  • Staging Project Brentwood
  • Staging Project Brentwood
  • Staging Project Brentwood
  • Staging Project Brentwood
  • Staging Project Brentwood
  • Staging Project Brentwood
Posted on Leave a comment

Ideas to diversify and grow your Homestaging business

Homestaging business

COVID-19 hit the UK in early 2020 and the economy came to a standstill. It started to recover slowly in the Summer, but we are now in another lockdown and about to go into a Tier system where a high percentage of the country will be severely restricted in Tier 3. Although the property market is allowed to function, some people are nervous to have people in their homes and we don’t know how the housing market will suffer in this fragile economy. In these incredibly difficult times, many business have suffered, and some will not survive. Homestaging businesses were clearly badly affected earlier on in the year, and learnt that we need to diversity our offerings to survive.

So what extra services could you offer, alongside your usual homestaging business and furniture rental services, to get some extra income? I’ve listed below some ideas below, which could work well with your Homestaging business, to get some extra cashflow into your business.

Interior Styling

Interior Styling can be offered as a service to people in your area, who are not planning to move. Interior Styling is the process of showcasing a customer’s unique style, while using their existing furniture and decorative items. By exploring new design ideas, and adding some key pieces, you can create interiors that are stylish, distinctive and reflect the customers personal style and taste.

Internet Shopping

You can offer your customers an internet shopping service, where you purchase furniture, decorative items etc on their behalf – either from wholesale suppliers or online retailers. This way they get your design expertise and style advice, and get the products directly delivered to their door. You can also offer an unpacking and installation service – if they are local. You can charge for this service, and also make a mark-up on the products – which you purchase at wholesale cost or get a discount from the online retailers.

Virtual Home Staging

Although you require some technical skills if you wish to do Virtual Home Staging yourself, as part of your homestaging business, you may be able to partner with an agency. The images look great online, and can be a fantastic selling tool. The main problem with this option is customer disappointment when they actually go to view the property – but it has proved very popular during the COVID-19 crisis.

Furniture Packs (HMO and SA)

Do you offer Furniture Packs to HMO and Serviced Accommodation owners in your homestaging business? This can be a great way to earn some additional income. You can partner with several UK wide Furniture Pack Suppliers – and they will pay a commission on each completed transaction – approximately 10% of the total cost (excluding VAT). This has the additional benefit of enabling you to offer a service outside of your local area, and earning income with very little effort on your part. You organise the quote, and send onto the client – and once the transaction has gone through you receive your commission.

Or you can design your own furniture packs, from furniture items and decorative pieces, soft furnishings etc available wholesale through your suppliers. If your clients are local you can add the installation service, but if further afield you can just offer to style and design the space, purchase the furniture and get all delivered to your clients address.

Dropshipping

Some suppliers have now added dropshipping as a service – as their retail clients are struggling with shops having to be closed again. This means that they will now ship directly to the end client. So why not add furniture, artwork, soft furnishings and decorative items to an online shop on your website?

Reduce your bills

One way of reducing your outgoings is checking to see that you are paying the least you can for your electricity, gas and broadband – and offering this service to your clients, both personal and commercial.This can be a fantastic way to add an additional income stream to your business, and help your clients along the way! You earn £250+ for each customer you introduce. Click here for more details.

Mobile phone tariffs

Ensure that you are paying the cheapest possible tariff on your mobile phone. The best possible tariff at the moment is £20 per month for unlimited data, texts and calls – with up to 3 additional SIMs in your household at a cost of only £10 per month (also unlimited data, texts and calls). This could mean a huge saving for your family. Again you can also offer this to your clients, and earn a commission for each customer. Click here for more details.

easyStorage

Easy – the well known ‘Orange’ brand has now started doing Storage! They are different to other brands in that they collect, store, and return. Your customers won’t have to lift a finger, and it’s half the price!  They are looking for partners – and offer £100 for every customer referred to them. The customer also receives a discount – so its a win win. Click here for more details – and use DTS25 for a £25 discount.

Affiliate marketing

There are several affiliate marketing networks online. This enables you to promote some of the world’s best known home and interior design brands on your own website, and get a referral income every time someone clicks on the advert and then goes onto purchase. Take a look at:

Align with local businesses

Talk to local property photographers, handymen, removals firms, painters and solicitors. Get a power team together so you can all help clients organise whatever they need to get ready to put their house on the market, move or sell – and offer them a reduction on the costs if they use the recommended supplier. The power team can all help each other get referrals and business and agree on a reduced rate for recommended clients.

Align with local Homestagers and Interior Designers

Talk to other local Homestagers and Stylists to see if you can partner with them and maybe swap furniture when required, or share storage to reduce costs.

If you would like to know more about any of the ideas above, please contact me, and I can send you more details.

Jackie

Email: info@designed-to-sell.co.uk
mb: 07726 270 850
Posted on Leave a comment

Styling and Design Services – virtual or in person

Add 10% to the value of your property

Styling and Design Services:

Our Styling and Design Services means we can help you style your home either virtually or in person, using styles to suit your current look or preference. All you need to do is send over some photos and a plan of the room, with some notes regarding your preferences.

Not planning to move, but just want to breathe some life into your home? Maybe being at home all throughout lockdown has made you fall out of love with your property?

Styling and Design Services:

Even if you are not planning to move and do not have a property for sale, we can style your home and provide Styling and Design advice to suit your current look or preference. All you need to do is send over some photos and a plan of the room, and any ideas you may have for the style of the rooms.

We will send you a Mood Board detailing all the new furniture choices and layout of the room. This includes wallcoverings, window dressings, lighting and flooring. Alongside this you will receive an excel file with web links to all items on the report so that you can easily purchase the items.

Please fill out the application form below and we will be able to quote. Prices are between £50-£95 per room – depending on assistance required. Please fill out form below so we can discuss the best options for your property. If you would also like our help sourcing and installing the items please let us know.

Styling and Design Services:

Posted on 1 Comment

Our staging project in Essex

Staged Living Room - Colchester in Essex

Below please see some pictures of our staging project in Essex.

It is a charming cottage in Colchester, Essex – larger than the average property of its type – but as it was empty, the rooms were not showing at their true potential.

We installed furniture and decorative pieces throughout the property – adding some colour, life and function to the space.

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.

Staged Living Room - Colchester in Essex
The living room
Staged Living Room - Colchester in Essex
Dining area
Staged Dining Room - Colchester in Essex
Dining area onto the kitchen
Staged Kitchen - Colchester in Essex
The kitchen
Staged Master Bedroom - Colchester in Essex
Main bedroom
Staged Bedroom - Colchester in Essex
Second bedroom
Staged Small Bedroom - Colchester in Essex
Small bedroom
Staged Bathroom - Colchester in Essex
Family bathroom