The Advantages and Disadvantages of Renting Furniture

Making the decision whether they should buy furniture or rent furniture for their home staging job, is really a challenge for home stagers. But for many, they buy new furniture when home-staging vacant homes and they just rent furniture for already furnished homes. One of my previous articles discussed the advantages and disadvantages of buying furniture for home staging, so this one will talk about the advantages and disadvantages of renting furniture based on what I have observed in my long career in the real estate business.

There are clear advantages of renting furniture. One is that you do not need a huge investment upfront to be able to rent furniture. Also, you do not have to transport it yourself to the home and this is an advantage for you because it gives you more time to do the real job-the home staging job. However, even there are these clear advantages, a lot of home staging experts do not prefer furniture rental. They often said that it is not “attractive.”

Disadvantages of furniture rental as according to a great number of home stager professionals and experts:

1. Furniture rental tends to be neutral, often blandly contemporary, and it is not a great way to find great furniture you have imagined to give the home an amazing look, because most of the time, the ones that you are looking for are not available from rental companies.

2. When it comes down to the cost, it is expensive because most companies who offer furniture rental require a 3-month minimum period. This means that after you reached the 3-month period, you will have to pay again for each furniture piece that you rented.

If we are going to compare buying furniture and furniture rental, buying somehow stands out because of the time it can give to homeowners (your clients) and it get to save them money by not restricting them to the three-month minimum contract. Buying though is expensive, but at least you get to keep the pieces you will buy for your home staging job. It is a one time payment so it will save you money.

In addition, when buying furniture, you get to choose each piece. You get to choose the designs and styles that appeal to you and keep them. No more paying for rent!

3. Limited choices. As I said earlier, you cannot find everything you like in furniture rental. This is because your choices are limited. Just an example, you have a home staging job in a modern empty home and you decided to just rent furniture from a rental company. Unfortunately, when you get to the rental company, there is no more modern furniture to match the modern home.You will have no other choice, but to rent furniture which don’t match the style of the home you will be staging.

The Disadvantages of Home-Staging Business

There’s no doubt that there’s money at home-staging. If you are a home-stager, you know that you are in a unique business. You get to apply your designing and decorating skills while getting paid! But just like anything else, this business has its disadvantages aside from its benefits.

In this down real estate market, every seller wants to sell their homes fast that they do almost anything to generate a sale especially for their properties which had been stuck for more than a year or so. This is because in real estate, the longer the property stays in your hand; the more difficult it is to be sold. The listing becomes stale and real estate agents will not be willing to show those buyers as there are newer properties in the listings.

The best strategy for sellers to get rid of stuck properties is home-staging. But is repairing, painting, changing of curtains and putting a few flowers in a property worth it? Let’s just say that doing all those processes are not expensive, but have you thought about your competitions? The new built homes? The following are the other disadvantages of this business.

There are many anxious sellers who are desperate of getting rid of their homes and the easiest way that they seem to make that happen is to have their home for home-staging. Staging is, no doubt, the most unique approach to sell homes. However, is it really worth your time and effort? What if you staged a home, and still never sell? You just got your money wasted as well your own time. So what to do?

The following are some tips on the advantages and disadvantages of home-staging your property that is up for sale:

1. It takes so much time and so much effort, and may become expensive in the case of homes that are hard to sell.

2. When talking about investment, home-staging is not practical. Remember, a good investment is spending one dollar and getting two in return. If it’s 1 to 1 or 1 to 0, then it is a very bad investment.

3. If you stage the home while you are still living on it, you will have to empty the furniture, empty the closets and drawers, and keep the bathroom clean and fresh every day. That’s another household chore that is difficult to maintain in regular days.

Unless you are willing to make sacrifices, exert extra effort and willing to risk your money, home-staging might not work for you, so think carefully.