Research the Local Housing Market Before you even set up your business, you need to understand the needs of your potential customers. If you live in a fairly affluent area, then you need to be willing to invest in items that fall into a fairly high price point. If you’re in more of a moderate income level area, then you have to be able to make homes look more appealing without spending so much that you get priced out of the market and don’t deliver any significant ROI. It can also help to understand the architectural styles and design trends that are popular in the area so you can accentuate them in your home staging designs. Name and License Your Business Make it official. Choose a name that communicates your service and appeals to your target customers. Then get licensed to do business in your local community. Choose a Specific Target Market Aside from just serving any local homeowners, you could choose a specific target to focus on with your marketing efforts. For example, you might build a network of local flippers who you work with on investment properties. You could work with apartment building owners who want to get their units rented quickly. You could even work with those who own offices or commercial spaces. Create a Pricing Structure Determining your prices can be a difficult but important step. Consider your own monetary investments, the time each job is willing to take and other factors that might prove difficult, like moving furniture into upstairs units. Ideally, you’ll create a formula that lets you just plug in all of that information for each job so you can easily and quickly come up with quotes. Formulate Client Contracts A sound contract is key for any working agreement. Find templates online or consult with an attorney to create verbiage that fits with your specific situation. Invest in Liability Insurance It’s also a good idea to have some liability coverage in case you break or damage something in a client’s home. You don’t want to end up in a legal dispute or forced to pay for some expensive home repairs. Connect with Area Realtors One of the best and fastest ways to connect with home sellers is through their real estate agents. These realtors are equally motivated to have their houses sell quickly and at a premium price. So network with them and share your contact info so they can refer sellers to you when the opportunity arises.
0 Comments
Leave a Reply. |
Details
. ArchivesCategories |