Quote:
Originally Posted by Tron_fdc
Be wary if you use a stager.
I was billed $2500 to set the house up, which I thought was high to begin with. They bill you as soon as the house is furnished (start of the cycle).
The guy was in my house when I had it quoted and this is where I see the breakdown happening. He claims he told me "how the billing works" but I was in the middle of having 3 tradesmen in sanding floors and painting, moving furniture and losing my mind at something else. I don't recall the conversation if there was one.
I was on holidays he last few weeks, and yesterday I had a look at my visa statement. They have been billing me $2000 a month for rent (on top of the original $2500), so as the house has been listed 60 days, it's about $7800 w/GST. I kind of shat my pants.
I have a staging contract, and after reading the fine print I found "Minimum rental of 30 days. Additional months if needed receive a 20% discount and is pro rated." So yeah, it's my mistake for overlooking it, and I acknowledge that. I called the guy anyway to tell him he's ripping me off, and he came back with "that's the cost of home staging", and then offered a free month if the house is still listed (big whoop). Hence the thread, I'm wondering if this price is normal??? Because I'm thinking I'm in the wrong business if it is.
I'm pretty bewildered here. I've dumped 30k in upgrades into a house in marda loop that was built in 2005, staged it, held open houses weekly, and listed it in the bottom 3rd of the $/sqft comparables that sold in the last 6 months, and I still can't move it. I can't fault the realtor, and I feel like I'm doing what I can, but I'm seriously losing my marbles.
I should write a book on what NOT to do when it comes to real estate. I've taken a massive bath on it and done just about everything wrong that you can think of. I wouldn't even know where to start explaining it to someone, but I've paid a university education about 4 times over in the last 5 years with my losses.
I need a new hobby.
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Well that's no fun. I was typing some humerous response to lighten the mood but what a buzkill.
Sorry dude. Time to rent it out?
Why can't any of this fall on the realtor? That's what they're paid for.