You Have To Wear Many Hats To Be Successful In Today's Real Estate Market

By
Home Stager with Shows Great Home Staging and Web Solutions



To run a successful staging business you must be able to wear many different hats.  The more you can balance those hats, the more successful your business will become and the faster you can grow your business while maintaining a consistent flow of income and business opportunities.  Below are brief descriptions of each hat you must wear: 

Business Manager -  Prepare and implement business plan with goals for growth and detailed plans to achieve those goals. Must prepare an annual operating budget and make sure the company operates within that budget. In charge of hiring subs and employees, as needed, and overseeing them.  Inventory control.  

Marketing- Promotes the business by continuously marketing to target groups such as REALTORS, Builders, and Home Sellers.  Developing strong Social Media Marketing campaigns and implementing those campaigns.  Maintaining the company newsletters, web sites, blogs, and email marketing programs. Promoting the homes staged through virtual tours and eblasts to local real estate professionals. Photographing staged homes for before and after photos. Planning company seasonal promotions. Developing and promoting the company brand.

Teacher - Must have good public speaking skills.  In charge of promoting the concept and value of Real Estate Staging to Real Estate Professionals and Home Sellers through Workshops and Sales Office Presentations.  Also must be able to educate Home Sellers to the value of staging their property and answer any objections they may have.
  
Stager - Meet with Home Sellers and REALTORS to develop a staging plan for their property.  Prepare written reports with photos and staging plans.  Stage vacant and occupied properties to improve their market appeal for selling.  Select furniture and accessories as needed.

Laborer - Moving furniture and accessories to and from staged homes. Painting, cleaning, and preparing homes for staging.  Monthly cleaning of staged vacant homes.  Packing furniture and accessories for staging assignments.  Unpacking and organizing inventory when it comes back to the warehouse.  Keeping the warehouse clean and organized.  Driving the moving truck as needed.

Accountant -Handles account receivables and payables. Keeps detailed accounting records for taxes and profit and loss records for business.   

As small business owners, if we can devote time each week to wear each of the hats above,  we will enjoy a consistant flow and growth of our income.

Shows Great Home Staging and Web Solutions provides staging and web marketing for home sellers and real estate professionals in Southwest and Central Virginia. 

You can follow us on Twitter @ http://www.twitter.com/showsgreat

Become a fan of Shows Great Home Staging before October 31, 2009 @  http://www.facebook.com/home.php?#/pages/Roanoke-VA/Shows-Great-Home-Staging-and-Web-Solutions/136381632954?ref=share and enter to win a Carnival Cruise for 2. 

 

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Rainmaker
799,270
Barbara Michaluk
Weichert Realtors, 3816 International Dr, Silver Spring, MD - Silver Spring, MD
Top Producing REALTOR Montgomery County, Maryland

Wanda, I can relate to the many hats you must wear -- as a realtor I also must wear a variety of hats in running my own business.

Sep 26, 2009 08:37 AM #1
Rainmaker
195,730
Sarah & John Rummage
Benchmark Realty LLC, Brentwood, Nashville TN 615.516.5233 - Nashville, TN
BPOR, ePro, Realtor

Very cute graphic, and it certainly brings home the point that we have to juggle many things since we can't afford specialists on all these fronts.  The best juggler wins. :)

Sep 26, 2009 08:58 AM #2
Rainmaker
86,944
Wanda Richards
Shows Great Home Staging and Web Solutions - Roanoke, VA
Shows Great Home Staging

Barbara and Sarah - thanks for the comments.  You are so right.  I sold real estate for 28 years and that is where the first heard the concept of wearing many hats.   

Sep 26, 2009 09:00 AM #3
Rainmaker
340,770
Pat O'Reilly
RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth - Irving, TX

Wanda,

great post and good information. Seems like the hats increase each year...

Sep 26, 2009 09:22 AM #4
Rainmaker
312,663
Michelle Minch
Moving Mountains Design Home Staging, Pasadena, CA - Los Angeles, CA
Home Staging Los Angeles & Pasadena, CA

Wanda: Don't foget Therapist and Professional Hand Holder! Often we are dealing with clients that don't want to move, but have to move for one reason or another. Or they want to move but are having trouble letting go of a well loved home.

Great post. So often we define ourselves by one title, while we actually do the job of many.

Sep 26, 2009 09:27 AM #5
Rainer
38,192
Tom Larkin
360World.com - Lexington, KY

Love the graphic, nice article

Sep 26, 2009 09:27 AM #6
Rainmaker
1,104,601
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

I agree with Michelle...Therapist is a big one!  I feel like I'm always dealing with someone's issues!  Great post and a real eye opener for anyone considering starting their own business.

Sep 26, 2009 09:33 AM #7
Rainmaker
95,733
Diana Young
Staging Seattle, King & Snohomish Counties - Edmonds, WA

Hi Wanda,  So true!  I just became one of your FB fans!  It looks like you have put a lot of work into the FB page - it looks great and I'm looking forward to seeing your future posts.

Sep 26, 2009 10:24 AM #8
Rainmaker
270,573
Cathy Lee
CL Design Services Home Staging - Danville, CA
ASP, IAHSP, RESA Danville, CA

Fabulous post!! Kudos to you!!  I ws going to add....saw Michelle Minch's comment because too many time death, divorce or finances have come uninvited to the lives of our clients.

Sep 26, 2009 10:43 AM #9
Rainmaker
86,944
Wanda Richards
Shows Great Home Staging and Web Solutions - Roanoke, VA
Shows Great Home Staging

Thanks for the comments and thanks for the featured post :).

Pat - you are so right.  I actually thought of more hats while I was writing this post.

Michelle -  great point.  I may just have to add a few more hats to this post.

Tom - Thanks...it is a shame I ran out of room because I really need to add a few more hats.

Sharon - so true...sometimes when I tell people what I do, they think it sounds like so much fun, just moving stuff around and writing reports...it is sooo much more.

Diana- thanks for becoming a fan.  I am trying for 1000 fans by the end of October.  In the past few months most of my new business has came from facebook.  Most of my "friends" are local real estate professionals and other stagers.

Cathy - maybe there should be a follow-up post....??? Now you have me thinking about my next post to AR :) 

Sep 26, 2009 10:55 AM #10
Rainmaker
679,021
Maureen Bray Portland OR Home Stager ~ Room Solutions Staging
Room Solutions Staging, Portland OR - Portland, OR
"Staging that Sells Portland Homes"

Great post Wanda that cleverly illustrates the many roles we play as professional stagers.  "diplomat" might be another one .... keeping our true reactions to ourselves when we see horrific rooms that need lots of help  LOL

Sep 26, 2009 11:29 AM #11
Rainmaker
86,944
Wanda Richards
Shows Great Home Staging and Web Solutions - Roanoke, VA
Shows Great Home Staging

Maureen - I must admit, diplomat is one I had not thought of but you are so right.

Sep 26, 2009 12:09 PM #12
Rainmaker
100,992
Kathleen Garvey
Coldwell Banker - Denver, CO
Denver's Neighborhood Expert - Listings & Sales

Nice display of caps Wanda!  Yes...there are many roles we play as professional stagers.  I bet most people do not realize this career is more involved than average!  Thank for the thoughtful post!  People DO rely on us for more than just choosing paint colors.  I bet we all have enough hours to qualify for a semi-pro therapist designation!!  : )

Sep 26, 2009 05:37 PM #13
Ambassador
1,606,271
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Wanda- great post and what a great way to illustrate our many hats.  And, a must read for anyone considering becoming a Stager!

Sep 26, 2009 08:27 PM #14
Rainmaker
154,736
Connie Tebyani
Platinum Home Staging, Inc. : RESA-Pro - Calabasas, CA
Platinum Home Staging, Los Angeles and Ventura County

Don't 4get Psychologist, Mediator and Public Relations, as well as truck driver, Referral Concierge Service and Photographer....  I'm sure we can all think of a few more hats to toss into the proverbial bucket ;)

Sep 26, 2009 11:09 PM #15
Anonymous
Anonymous

Great post Wanda.  So many aspects of the business.  Some are enjoyed more than others, but none the less they cannot be ignored.

Sep 27, 2009 07:01 AM #16
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Rainmaker
86,944

Wanda Richards

Shows Great Home Staging
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