It’s a proven fact that a staged home sells better! Not only will it help secure a buyer in a shorter amount of time, it could even increase the profit made from the sale.
PREPARE TO IMPRESS
Home staging is the aesthetic preparation of a living space, in order to help it sell on the real estate market. The ultimate goal is to make the home look as appealing as possible, to the largest audience. The more people who can picture themselves within the living space, the better your chances are of finding a buyer!
The service includes: positioning and rearranging furniture, acquiring new furniture, if required and acquiring décor and placing it throughout the home.
Professional staging extends to the outside of the home as well! When selling your home, curb appeal also needs to be factored into the equation. After all, if the outside property is ugly, it could prevent a potential buyer from wanting to step inside the home at all.
If a vendor has furniture and décor that is either an antique, or otherwise dated. The walls may be covered in floral wallpaper, and the window coverings may offer very little lighting into the home.
Who do you think this home will appeal to?
Does this sound like a place that appeals to the majority?
Could you envision a young Millennial living there?
It shouldn’t matter the age, race, or gender of the potential buyer.
Ideally, anyone should be able to walk into the home and be able to find something that resonates with them – even if it’s only one room.
If a prospective buyer can leave the home thinking to themselves, I can see this being MY home, then you’re increasing your chances of a sale.
The National Association of REALTORS® (NAR) conducted a study back in 2019. The results showed that staged homes not only sell faster; it’s statistically proven that they’re often sold ABOVE the asking price!
In particular, 83% of agents stated that a staged home improved a buyer’s ability to see themselves living with the home. 40% of these agents also commented on how positively a staged home shaped the buyer’s overall impression of the property.
Their study, conducted from a survey of 900 top real estate agents, revealed the following:
¨ A whopping 92% of agents agree that a staged home improves the overall sale
¨ 67% of agents claimed that a staged home increased the sale price, resulting in a higher profit for the seller
¨ Over 50% reported that home staging betters the home’s overall value by as much as 10%
Even if a staged home doesn’t necessarily affect the property value, 25% of top real estate agents argue that it still improves the likelihood for an offer.
It was also concluded that staged homes undoubtedly sell faster than un-staged homes, according to 83% of these agents poled.
To put this into perspective: during prime market conditions, the average home sells in approximately 45 – 65 days.
Over 21% of real estate agents claim that home staging typically decreases the selling time from anywhere between 6% to 10%.
This means that getting your home professionally staged can help it sell approximately 4 to 7 days faster!
Prepare to Impress
If you would like to know more about the benefits and how it could apply to your home, I am happy to take your call and provide more insights.
