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Luxury Home Staging: Designing Your Business

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27 KNOW YOUR WORTH Staging may be your passion—it should be your passion— but first and foremost it is your business! In our culture, the discussion of money is often taboo, but it shouldn't be, especially when you are talking about money in order to help people maximize their return on investment. When you set the stage for someone to earn a 10-to-1 return on investment, you deserve to be well compensated. As creative types, we often have difficulty monetizing things that come naturally to us. We can still share out talents with love and passion while being fairly compensated for our creative services. When you're deciding whether or not to accept a project, it's critical to ensure that you're able to earn the money you deserve. There are many costs to take into consideration—materials, repairs, installation, rentals, maintenance, and more—and be sure to put yourself first, because in business you're the only person who will. When you charge a premium for your services, people treat you like you're worth the premium. Naturally the fair market value varies by region and economy, but seasoned stagers should expect to net a minimum of $2,500 per staged property plus rental and maintenance fees.

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