Time and time again this year, we are seeing properties sell very quickly and often for OVER asking price! Those are usually properties where we have been able to consult with sellers early enough in the process to advise on improvements such as paint, flooring, lighting, new surfaces, etc and then take the staging to a level that adds excitement and perceived value to the property. I call the necessary components for success the 4P’s:
- Preparation: Clean, of course, but move-in ready and updated, as well.
- Price: Attractively pricing their Portland property according to the advice of an experienced realtor using recent and neighborhood comps. However, if buyers fall in love with the property you can sometimes surprise even a very experienced broker with clamoring buyers!
- Presentation: Buyers want properties that capture their imagination and exemplify the lifestyle to which they aspire. Upscale staging is key! Ordinary furniture won’t cut it. Must look like a model home.
- Promotion: Once again, a savvy listing broker who knows how to get the word out to other Portland area brokers and buyers quickly and effectively.
The kitchen above is an example of a room in a house that we not only staged but provided interior design services to enhance the appeal of the house for today’s buyers. By getting in early in the process, we were able to re-direct the more mainstream approach the sellers we taking with a remodel. We designed a chic and exciting look with quartz countertops, cork flooring, and a fabulous tile backsplash that we directed be taken all the way to the ceiling. This was also extremely cost effective and actually saved the clients thousands of dollars as they had planned to rip out and replace the cabinets. Here is the finished product:
Oh, the best is the results: At last count the sellers received 5 offers in the first 2 weeks after listing, were expecting another 2 offers to come in and those offers had escalated the sales price to over $10,000 over asking!!! Will do a complete report with photos and offer info on a future blog when the sale is final.
Ask us if you have a Portland property that you are worried about selling quickly. We can help!
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