This week we shine the spotlight on Moving Mountains Design. Those needing to sell a big luxury home in the Los Angeles area call on owner Michelle Minch. She and her team swoop in and choose just the right paintings, rugs, sofas and even duvet covers to make a property fetch top dollar. Minch says she has 6 part-time employees in all and has been in business eight years.
WHAT THE BUSINESS IS KNOWN FOR: Being the luxury home stager for the Los Angeles market.
Very few professional stagers own enough inventory to stage larger homes. Even fewer have the kind of higher end furniture, Persian rugs, artwork and accessories needed to complete these jobs successfully. Moving Mountains Design has a warehouse full of beautiful accessories, furniture, artwork, linens, throw pillows and lamps appropriate to luxury homes. At the Real Estate Staging Association International Conference this year, Minch presented a workshop on luxury home staging to a standing-room-only audience. The conference is kind of like a Ted Talks for professional home stagers.
HOW THE BUSINESS GOT STARTED: A trip to Kansas City to wow some home buyers.
The first home Minch staged (and got paid for) was for an interior design client. They asked her to help them get their Kansas City home ready to sell. Minch was flown from Los Angeles. She did a lot of editing, rearranging and upgraded the kitchen with granite counters and new backsplash. The sellers expected the home to take six months to a year to sell, which was the norm at that time in Kansas City. It was the early 2000’s. They went under contract almost immediately and closed escrow about two months later – shockingly fast. Minch didn’t call what she did staging back then. She just told colleagues she was “getting the house ready to sell”. But back home, one of her neighbors was a real estate agent. When she heard about Minch’s success, she started calling her to stage listings. Word got out and other agents started calling. And the rest is history.
BIGGEST RISK TAKEN IN THE BUSINESS: Taking a line of credit for high end inventory
The biggest risk was a home equity line of credit on a rental property which Minch used to grow her company and keep it in the black. She says if her business hadn’t prospered, she could have potentially lost that property to foreclosure. The end result is that she has been able to purchase a very large stock of higher end inventory, furniture, artwork and accessories. This allowed her to position herself as a luxury home staging expert.
BIGGEST WINS? Professional Stager of the Year and More.
In 2010, Minch was voted Professional Stager of the Year by the Real Estate Staging Association. Being chosen as the best professional stager in the United States and Canada by her peers- over 1,000 professional home stagers- was a huge honor. This year she was voted RESA Top 10 Professional Home Stager in the U.S.
Winning these awards has given Minch “street cred.” It has given her great credibility with her peers, her clients and with the media. It has also been a wonderful marketing and public relations opportunity.
IF THIS BUSINESS WERE A SONG, IT WOULD BE: “Happy” by Pharrell Williams
Minch says she’s an eternal optimist. She surrounds herself with optimistic people. Her company culture is optimistic, creative and up-beat. Since the work the company does is very physically demanding, it helps to be surrounded by happy people, Minch says.
Runner up would be “High Hopes” by Sammy Cahn and Jimmy Van Heusen. Minch admits her favorite version is by Jiminy Cricket.
FAVORITE TEAM FOOD:
Though Minch feels her team is a pretty diverse group, she says she’s never had anyone say no to Japanese food.
“Big doors swing on little hinges”
The quote is attributed to businessman and philanthropist W. Clement Stone.
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Image: Kevin Edge[“source-smallbiztrends”]