Most home staging arrangements do not complete on time. A property remains unsold long, tenants change their schedule, or buyers take longer than planned to complete purchases. After this happens, the contract needs to be revised. Although renewing a short-term agreement seems easy, details can affect your finances. Below you will find things to think of prior to negotiating an extension.

Check the Original Agreement

You should refer to your previous contract in order to start understanding the situation. Many short-term contracts operate within set periods, and Velvet Home Staging provides different alternatives with a minimal period for staging contracts of 60 days. You should understand how the procedure of extension goes, whether your previous price is kept, and if the rate increases.

Consider the State of the Property

A staging assignment for an empty home has more risk than one where a person is occupying the property. When the home is unoccupied, you are in charge of the space and timing. However, an extension will usually mean more showings and a longer listing. The set-up can remain as is. Let’s be honest – the furniture just needs to look good for a few more weeks.

Check the Condition and Inventory

Before extending the contract, ensure that you have the same items in good condition. The furniture rental agreement will usually be for specific pieces of furniture, so the couch or dining set might be designated for another job already. Just walk through and take pictures of everything, and you will avoid issues down the line.

Design Strategy with Regard to Residents

Occupied home staging comes with its own scheduling challenges. Sometimes, the residents have to be available at certain points and furniture placement needs to fit into their lives. In the event that the extension is close to a moving day for a family, start negotiations as soon as possible. It is never pleasant to find delivery teams at the door with no prior notifications.

Compare the Price to the Flexibility

It is important to remember to examine the price of the extensions carefully. Ask whether you will need to pay delivery and pick-up fees for an additional two trips or if it is possible to get the discount for a longer rental period. Under some circumstances, paying slightly more for the extension may be more economical than paying for another delivery.

Put the Extension in Writing

Before anything gets sent, have the new date extension obtained in writing with any changes to fees and itemization. Verbal agreements are not the best option since long-distance commerce can have a funny way of getting lost in the process. Make sure to have a complete file with all original documents associated with the transaction.

Final Thoughts

When it comes to obtaining an extension on a rental, doing so does not cause any headaches as long as one prepares in advance. Make sure to check the requirements and confirm the count of items you want to extend since it assures the clients that everything will be arranged in order, even if they don’t check the documents.  For learn more https://www.velvethomestaging.com/services/