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Updated almost 10 years ago on . Most recent reply

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David Glass
  • Rental Property Investor
  • Charlotte, NC
21
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40
Posts

Staging for a flip house in Charlotte NC area

David Glass
  • Rental Property Investor
  • Charlotte, NC
Posted

Anyone have any luck using a staging company for a flip. I have a home that will be hitting the market before the end of the year. Curious if people think it is worth it, how much does it cost and any suggestions of companies in the Charlotte, NC area. 

  • David Glass
  • Most Popular Reply

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    J Scott
    • Investor
    • Sarasota, FL
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    J Scott
    • Investor
    • Sarasota, FL
    ModeratorReplied

    Of the 100+ rehabs we've done, I can count on one hand the number of properties we haven't staged.  And those few were mostly properties that we put under contract prior to finishing the rehab.

    I don't have any quantitative data to back up my hypothesis, but empirical data indicates to me that staging won't necessarily get you a higher contract price, but will do a few things:

    1.  Get you a faster contract

    2.  Get your appraisals higher

    3.  Keep your buyers from backing out during the transaction (the reason for this being that buyers often like to bring friends/family through their prospective property to get feedback -- better looking houses will raise fewer red flags with friends/family)

    If you have a house that doesn't have clearly defined spaces or a house that has some functional drawbacks, staging makes even more of a difference.

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