This is a big question that many people, including property developers ask when getting properties ready for sale.
“Why should I rent furniture instead of buying my own furniture?”
Clearly some furniture packages are quite inexpensive these days, however there are many good reasons why renting furniture is far smarter than buying it outright.
Some of those good reasons are:
- Big initial financial outlay
There is a big initial outlay to get the furniture which will have an effect on your cash flow. Even the cheapest package furniture will cost you anywhere from $2500 – $3000. In that package will be the basics, nothing with pizzazz or flair and it can often be bland and boring …. NOT what you need to draw the eye of a prospective buyer. There will be no accessories, artwork and great items which will enhance YOUR property. Melbourne Property Stylists have a complete range of all the items you will need.
Often furniture retailers will not have stock available at the exact time you need it. Sometimes you will have to wait up to 8 weeks for it to arrive! This can change timing on marketing campaigns, sometimes missing the “ideal” time to get your home on the market. Alternatively, the items which are available may not work well in your home. Melbourne Property Stylists have products available which will suits your property and they are available when you need them.
- The Dreaded “Flat Pack”
Nightmare! Putting together flat packs. This is time most of us don’t have. You want to get your property on the market NOW. Using MPS means the job is done by someone else.
- It’s more than just furniture you will need to create that great first impression for buyers.
Once you have purchased the furniture, you will still need a whole host of other items to get the property to the point where it is ready to present to the market. These items include linen, cushions, artwork, floral decorative items, rugs, lamps and accessories. Suddenly you are spending a fortune on items you may not want in the future. Melbourne Property Stylists have an extensive range of contemporary furniture and accessories ensuring that many choices are available to meet each and every requirement.
- “WOW” factor.
Without experience in design and furnishing it is difficult to create that “wow” look that will grab the emotions of a prospective buyer. Being able to co-ordinate the flow of the property with appropriate colour pallets and themes is something professional stylists do … the rest of us struggle! At Melbourne Property Stylists, experience in the industry has led to a team with a great “eye” for what is right for your property.
- What next?
The property has sold … YEAH! And now what do you do with the budget furniture you have bought! Developers may be able to use it again but you could be stuck with items you don’t want, need or even like and storage is expensive. Styles and trends change and for a Developer to be using furniture that is not current to market trends is not going to help sell a property. One phone call and the items are all collected and removed. Absolutely no sweat from the sellers end.
When renting and styling property through Melbourne Property Stylists you have great flexibility to make decisions on when you want items installed, contracts extended and items removed. With initial contracts starting at four week rentals, plus one week free, contracts can be extended on a weekly basis to suit individual requirements.
- Tax benefits in hiring furniture and accessories rather than buying outright
Furniture depreciates over a ten year period at 10% per annum whereas renting furniture is 100% tax deductible. For Developers it makes a lot of business sense to rent.
For a Developer this is another expense. Insuring a vacant property for furnishings can be a difficult process given that there is no one residing at the property. Utilising Melbourne Property Stylists ensures that all insurance costs are covered.
Giving consideration to all of the above factors, clearly identifies that utilising the expertise of Melbourne Property Stylists for furniture hire in Melbourne is the easy, effective and time saving way to ensure that your property is presented to its greatest potential prior to sale.
For more information please contact us