Because 1st Impressions do matter!
- MONEY! Staged homes sell, on average, 8-10% higher, according to the NAR (National Association of Realtors). According to HomeGain real estate, staging your home is the 2nd highest home improvement you can do to get the highest ROI (Return on investment). Agents surveyed through HomeGain report the overall prices of a 3bd/2ba home, after spending between $5,000-$8,000 on professional whole house staging, can result in the following price increases: in the West, as high as $22,762; in the East, as high as $23,532; in the South, $21,470; in the Mid-West, $20,279. All of those figures reflect over a 150% return on investment.
- Staged homes sell faster! According to Realtors:
Nationwide: 5.3% of Realtors think the home sells days faster (less than a week)
44.8% think a home sells weeks faster
25.8% think a home sells months faster
Higher inventory means that buyers can take their time looking for just the right
home. The goal is to make them want yours! By highlighting the best features of your home and making it more desirable than the next one, they won’t want to risk losing
yours.
- A professionally staged home photographs well. According to the NAR’s research of buyers, 90% of all buyers start their search online. Give buyers areason to visit your listing first with great photos of a well-staged home. A buyer may overlook 1 less bathroom or lack of garage if they can “see themselves” living in your home.
- Advertising your listing as being professionally staged! The fees you pay that increase the value of your home and help it sell faster can also be tax deductible! Ask your CPA for more details.
You actually make it seem so easy with your presentation but I find this topic to be actually something that I think I would never understand. It seems too complicated and extremely broad for me. I am looking forward for your next post, I will try to get the hang of it!