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Al's Morning Meeting

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Al Tompkins
Story ideas that you can localize and enterprise. Posted by 7:30 a.m. Mon-Fri.
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A dozen sites
I'm diggin'


*1. For anyone looking for a year-end project, consider this one from the Democrat and Chronicle in Rochester, N.Y. The paper put a face on every person murdered in Rochester for the year. Stunning and simple use of multimedia.

*2. The St. Petersburg (Fla.) Times produced a fascinating story that sheds light on how easy it was to defraud the banking system during the housing boom.

*3. Watch a simple but telling video essay about how immersed children can get while playing video games.

*4. The Rural Blog discusses what failing auto companies mean to rural communities.

5. Salon investigates "Friendly Fire" incident that leads to document shredding.

6. Seven key questions about a car company bailout.

7. The Flip Cam has gone HD with a customizable cover.

8. A fun video to help you with digital conversion.

*9. In a weird way, I dig this photo essay on abandoned Christmas trees.

*10. The Atlantic sits down with China's Gao Xiqing, who oversees $200 billion of China's $2 trillion in dollar holdings. The lesson to the U.S. is "shape up."

11. You thought sub-prime lenders were gone? No way! They are making FHA loans.

12. Planet Money is a really good blog about money and finance.

All of my Diggin' sites are saved on Poynter's del.icio.us page.

EDITOR'S NOTE: Al's Morning Meeting is a compendium of ideas, edited story excerpts and other materials from a variety of Web sites, as well as original concepts and analysis. When the information comes directly from another source, it will be attributed and a link will be provided whenever possible. The column is fact-checked, but depends on the accuracy and integrity of the original sources cited. We will correct errors and inaccuracies when we become aware of them.


Does "Staging" a House Make It Sell Faster?
The St. Louis Post-Dispatch reports on a tactic to sell one's home in a slow market:

Staging is different from interior decorating, says Sue Rector, the owner of Lake Saint Louis-based Home Staging Innovations and Lenac's stager.

"Decorating is personalizing, staging is de-personalizing," Rector said. "The three main principles of staging are clean, de-clutter and (add) color."

Staging has been used in markets like Florida, California and Arizona for many years but only now is starting to pick up in the St. Louis area. The change may be linked to the region's slowing housing market, some stagers say.

In a slow market, sellers need fresh tactics and creative thinking to help set their house or condo apart from the others on the market and to help it sell, said Linda Rohlfing, owner of Sedona Interiors and Home Staging in St. Charles County.

"Marketing and advertising will attract people to your house, but staging will present it in the best possible light and help it sell," she said. "It is much better to spend a few dollars on staging than having to take price reductions."

So, does staging work?

The 17 houses Rector staged in the last year sold in an average of 39 days for more than 98 percent of the original asking price, she said.

According to the St. Louis Association of Realtors, the typical house was on the market for an average of 82 days and the sellers got an average of 96.5 percent of their asking price.

Kurt Selzle, a Realtor with Coldwell Banker Gundaker in Town and Country, agreed that staged houses attract more buyers. Fifteen to 20 of the roughly 100 houses he listed last year were professionally staged, Selzle said.

"The staged homes definitely sold faster," he said.

Lenac said that of the eight houses for sale on his street -- two of them within a few doors of his condo -- his was the only one that sold. He originally had listed the house for $204,000 and sold it for $199,000 in less than 60 days. Lenac attributes his success to using a stager. "By the time I moved in July, two of the others had removed their 'For Sale' signs, and the others were still on the market," he said.

The Dressed to Sell Web site claims that homes that have been professionally staged sell 50 percent faster and increase the selling price by 6 to 10 percent.

Here's the blog of a Chicago-area home stager.

There are even "staging schools" to teach the craft. And here are some tips on staging.

Posted by Al Tompkins 12:01 AM
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