Advice on Realtor Price

By
Home Stager with Home Staging By CC

Hello fellow Stagers. A couple days ago a high producing Realtor contacted me to stage SEVERAL properties. When I sent him the pricing and a pdf of what our contract may look like he contacted me to make changes on the contract-which included that "HSCC (home staging by C.C.) would not get paid until the house sold!!

Well, this is a first. All my other Realtors pay upon completion of Staging. Seems only fair when I am not making even a percentage of what they will when it sells.

NOW, I am not scared of the contract because all my Staged properties have sold. But, I do depend on the what I make at each Staging. Plus, what about monthly rental. He won't pay even monthly rental until it is sold. 

He said "I don't make money until it sells-so it only seems fair to me."

I wantd to reply, "well, you chose to be the Realtor, I chose to be the Stager-different professions, different payments." OF COURSE, I did not say that and haven't replied yet.

Have any of you worked with a Realtor this way? If so, was it a good experience?

Posted by

Cecilia C. Cannon

cecilia@homestagingbycc.com

www.homestagingbycc.com

Home Staging Chicago

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Rainmaker
356,542
Ginger Foust
Home Stager Oakhurst CA, Dream Interior Redesign & Staging
Certified Staging Professional

Cecilia, doesn't sound like a good deal for you and you need to explain to the agent why your costs are different from his. 

ONCE I took payment at closing but my deal was with the seller, not an agent AND I got a percentage of the listing price when she signed the contract.  I also knew that all aspects of the house would be updated and in good condition so that with my staging, this home would sell quickly...and it did. 

When agents ask me to do what this agent has asked you, I tell them I cannot do business that way and I move on to another that understands.  How dare he mess with your contract. 

February 04, 2011 02:26 PM
Rainer
10,968
Cecilia C. Cannon
Home Staging By CC

THANKS everyone. Like Kathy I always collect AT LEAST 50% in advance and the balance upon completion of staging. This was a first for me. I also liked what Kathy said about a premium price if I (+20%) I agree to this. 

However, I do feel Like Maureen and others mentioned-I am not at the point where I can incur those costs if the home doesn't sell for whatever reason i.e. over priced. In 2010 all our staged properties sold but 1 and that 1 house was severly over priced. I am not involved in the pricing of the home to help sell it faster, if I was, it would be a different story.

THANKS EVERYONE. I will keep you posted on what happens.

February 04, 2011 03:22 PM
Rainer
134,359
Birgit Anich
Connecticut Home Stager - Fairfield County, Westchester
Birgit Anich Staging & Interiors, 203.807.4040

I read the others comments and I agree with them, we are not in the postiion in extedning credits. As a business owner you are lucky that you can choose who you want to work with. Good luck!

February 04, 2011 10:43 PM
Rainmaker
486,122
Kathy Nielsen
Atlanta Georgia Home Stager
http://atlantahomestaging.net

Is this agent asking the plumber, the carpet layer, the painter to wait until the house sells to be paid? Likely not. Nor should he ask you. 

And I so agree with Maureen. There are too many variables outside of your control.

Kathy

February 05, 2011 07:02 AM
Rainmaker
319,078
Julia Maher
Connecticut Home Stager
Nestings: Connecticut Home Staging and Model Homes

Cecilia:  Do you accept credit cards?  If the agent has a cash  flow issue, that might help.  Keep us posted!  Julie

February 05, 2011 11:06 AM
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Rainer
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Cecilia C. Cannon

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