Thursday, 12 April 2012

Vacant Homes are a great opportunity

Sometime amazes me that a vacant homes with no furniture or decorations take so long to sell. I would think that seeing an empty "shell" of a property would be positive and provide people the space required to mentally place their belongings and get a feel for the home. Often though, with little or no "feel" to these homes, they just stay on the market and sometimes end up selling for much less than comparable properties presented with someone living in the property.  This leads us to the question that can we justify spending considerable sums of money on "staging" a home with rental furniture? This is a growing trend and companies are emerging offering low cost furniture to decorate a home for a month or more if required.
If you are looking to achieve top dollar, presentation is vital and if your home is vacant, it may well be worth the investment. Staging of homes has been popular for a while in the upper end market but is not becoming more normal in more affordable price ranges. When looking at selling a vacant home, make sure you have the discussion with your agent. Looking for a good deal on a home? Why not check out a few vacant homes in your area and compare prices to ones fully furnished. You may be able to pick up a good deal.

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