Will staging your home increase your sales price?
When listing a home for sale, I always have the “staging” discussion to determine if my client will be open to staging their home. I often get some push back due to the fact that they think that the extra money and effort would not be worth it, but if you carefully consider all the facts, you can see that staging your home has monetary advantages and can help to market the home at its highest potential, taking into account the perspective of potential buyers.
First impressions are Important – Do you want your home to stand out from the rest? If potential homebuyers are viewing/touring many homes in a day/week, Staging is a great opportunity to lure potential buyers in via the internet and entice them to make an offer once they visit your home.
Fewer Days on the Market – According to the Association of Property Scene Designers, staged homes sell 43 percent more quickly than un-staged homes. Fewer days on the market could mean more money for the seller as the longer a home stays on the market buyers feel that the home is overpriced or has “issues” and buyers tend to make a lower offer on these homes.
Higher Potential Sales Price – The National Association of Realtors estimates that staged homes sell for about 6 percent more, on average, than homes that are not staged.
While some sellers may view home staging as an expensive cost, it does not cost nearly as much as your homes first price reduction. So yes, staging your home makes it look and feel more enticing to potential buyers and I believe that it is worth the investment. A recent example of a staged vs. an un-staged home is pictured. This home was sitting on the market for over 45 days without a sign of an offer. Once staged, the home sold within 14 days with an attractive offer price. Which picture entices you more? Are you looking for more information about listing your home? Let me show you how I can get you more money is less time with my pre-marketing strategy.