Meet RESA® member, Laura Bohn. Laura is the founder of Five Star Stagings, where she and her team provide home staging services in the Twin Cities metro area of Minnesota. In 2021, they were named one of Star Tribune’s MN Best.
I have decorated homes as early as I can remember and was always told to go into interior design. I also have a passion for real estate, and thought I would become an agent, but it was actually my sister that came up with the idea for me to start a staging company. I am forever grateful for that! Now, I am living my dream and have a taste of both.
With her bachelor’s degree from St. Catherine University in Business Management and a certification in Home Staging and Design from RESA® Accredited Education Provider, Home Staging Resource, Laura has built Five Star Stagings to be a company where service, execution and visual appeal are essential.Laura and team strive to make each and every property unique in their own way, and continue to develop fresh, gorgeous, designs while adding value for home sellers, realtors, builders and developers. Five Star Stagings has even branched out with their own furniture company, Five Star Furnishings.
We pride ourselves on our customer service and quality we provide with every stage or piece of furniture sold. I am forever grateful for my awesome team and clients we serve. I couldn’t do it without them!
Q: Staging often involves collaboration with real estate agents. Could you share some insights into how effective communication and partnership between stagers and agents can lead to successful property sales?
Laura: Communication with real estate agents is extremely important. Essentially, you are working as a team to help the sellers sell their most valuable asset. We love our agent partners and strategize the best ways to represent the property.
Q: Staging can transform a property, but it’s not just about aesthetics. How do you balance design principles with the practical aspects of making a home more marketable?
Laura: We always stage according to the architectural features of the home to make it the most marketable. We look at the geographical area and what is most suitable for that specific property and put our design touch on it to reach top dollar in that market.
Q: Could you share a memorable success story where your staging made a significant impact on a property’s sale price or time on the market? What were the key elements that contributed to that success?
Laura: We have staged many properties that go under contract and sell for over list price due to how the property looks. Buyers pay attention to the “pretty” things in the home and have that emotional connection where they can see themselves living there, so I undoubtedly believe staging plays a huge role in that.
I’ve learned that cheap staging is not always good staging, which is why hiring a professionally certified staging company is the way to go. You get what you pay for in this industry, and to make it a successful sale you need to hire a professional to bring in those key elements.
Q: Beyond aesthetics, what do you believe are the most important qualities or skills that a successful home stager should possess? How have these qualities shaped your own career?
Laura: Organization, a streamlined process and a great team! There are many steps and logistics that go into staging a property. I have learned to have a step-by-step easy process for clients, and to be very organized with our inventory to be efficient. It has gotten to the point where I have automated as much as possible, and have handed off the tasks I don’t necessarily like or feel that I am good at (ex: marketing, website design) to others that can do it better than me. I feel these three things, amongst many others, have shaped my career and success to where it is now.
Q: If you have a team of home stagers, could you share some insights into your approach to team management? What strategies do you use to ensure cohesion and consistent quality across your projects?
Laura: I stay in very close contact with my design team and their needs. We have a setup in our warehouse that is very organized and efficient, and everybody there knows their role. We all work together and have a great bond that allows us to serve our clients best. I consider my team my family, and we love what we do!
Q: In the world of home staging, sometimes surprises happen. Could you share a funny or unexpected moment that occurred during one of your staging projects? How did you handle it?
Laura: Luckily this was for one of our builders that we do a lot of work for, but you would never expect to hit a water pipe when hanging a piece of art above a toilet. That was a big surprise! We had to turn off the water and call them immediately to assess and fix the situation. Good thing they are handy! Ever since then we have been a little weary of hanging art above toilets. Now we can look back and laugh at it, but I can only imagine what it would have been like if it happened for a new agent we were staging for.
Q: If you could collaborate with any famous interior designer or decorator, living or deceased, on a staging project, who would it be and why? What do you think you could learn from them?
Laura: I still would have to say Joanna Gaines. I just love her style and the Magnolia Home collection. A close second would be Shea McGee with Studio McGee. Both of their styles and brands are what I resonate with most!
Q: Balancing creativity with the demands of running a business can be challenging. What tools or systems do you use to manage your staging projects efficiently and stay organized in your daily operations?
Laura: I use Dubsado to manage all of our staging projects. It is the greatest tool in running the business and theres so much you can do with it to make it the most efficient and automated. Has a great presentation to your clients as well.
Q: What are some common misconceptions or objections you’ve encountered about home staging, and how do you educate potential clients or naysayers about the benefits it brings to the selling process?
Laura: That it costs too much money. Yes it is an expense up front, but where the education lies is that it needs to be seen as an investment to present your home in it’s best light and to get the most out of your sale. That’s where I share the Top 10 Reasons Why You Stage to show all the benefits of home staging. It usually comes down to educating the realtors more than the sellers since they are the ones presenting the staging to their clients.
Q: Client testimonials and reviews can build trust with prospective clients. How do you encourage satisfied clients to share their positive experiences, and how has this influenced your ability to acquire new clients?
Laura: Using my CRM system, every clients automatically gets a testimonial email after we have removed the furnishings from the property. I want everybody to have a great experience with us and share those experiences, so that has worked very well for me. I think reviews are one of the most important aspects in business, so I hit that hard, and for that reason, we are one of the top rated stagings companies in Minnesota on Google.
Q: How can real estate agents better communicate the value of staging to their clients, and what role can they play in making the staging process smoother and more effective?
Laura: I give my agents tools and handouts to educate clients on the value of staging. Many of these tools come from RESA® or my educational training. Agents can add this to their marketing package to promote themselves to current or prospective clients. I personally speak to agents at their Tuesday office meetings to educate them on staging so they can relay the information to the seller.