if you were building a staging business from zero, would you build it on agents or on flippers?
I do trim and cabinet work and lately two of my flipper clients have started asking me to "make it show ready" after punch list, which so far has meant me borrowing my sister in law's dining set and buying towels. I'd rather do this on purpose than by accident, and the first real decision looks like which client I aim at, because the two want opposite businesses.
Agents. Every listing agent in a decent market touches maybe fifteen to thirty sales a year and staging makes their listing photos and their pitch better. Sellers pay the bill, the agent just chooses you. Sell one agent and you may get a job a month for years, and they don't grind you on price the way an investor does because it isn't their money. The bad side is that each job is one house, the call comes Thursday for a Monday shoot, and the seller has opinions about your sofa. Volume is a pile of small unpredictable jobs.
Flippers and developers. Fewer clients, more houses each, and the finish levels repeat so one package can serve five houses. They plan ahead because they have a construction schedule, and they're comparing your fee against carry cost rather than against their taste. The bad side is that they grind on price, they ask you to wait for closing, and when the market slows or their margin gets thin the staging line is the first one they cut or stretch to twelve weeks at your expense. Two clients can be sixty percent of revenue.
I can see how a five year old shop ends up serving both. I'm asking what you'd point a brand new one at, because inventory buying looks completely different depending on the answer.
New staging business, which client base do you build it on first?
17 votes