5 Reasons Home Staging is a Game-Changer for Sellers
Here are 5 reasons Sellers need to consider hiring a staging company to stage their home before puttin their home on the market:
1. Higher Sale Price
According to the National Association of Realtors (NAR), staged homes tend to sell for 10% to 20% more than non-staged homes. Additionally, 29% of seller's agents reported an increase of 1%-5% of the dollar value offered by buyers, in comparison to similar homes.
2. Faster Sale
The Real Estate Staging Association (RESA), reports that staged homes spend 73% less time on the market compared to non-staged homes. Homes that were not staged spent an average of 184 days on the market before selling, while homes that were staged before listing sold in just 23 days.
3. Increased Buyer Interest
The Real Estate Staging Association found that 82% of buyers find it easier to visualize a property as their future home when it's staged. Home staging involves decluttering, cleaning, repairing, and updating your home to make it as appealing as possible to buyers. It provides an opportunity for sellers to showcase their property's best features and potential, making it easier for potential buyers to visualize themselves living in the space.
4. Reduced Perceived Flaws
According to the Real Estate Staging Association, 28% of buyers are more willing to overlook property flaws when a home is staged.
5. Return on Investment
The International Association of Home Staging Professionals (IAHSP) reports that the average return on investment (ROI) for home staging is 300%. Staging is a small investment that can deliver a positive return on investment (ROI).
Moreover, home staging is not just about aesthetics; it's also about lifestyle. By thoughtfully arranging furniture and decor, home staging can tell a story about the kind of life potential buyers could lead if they purchased your property. This emotional connection can be a powerful selling tool, as buyers are often influenced by their feelings when deciding on a home.
The Bottom Line:
Home staging can be a beneficial strategy for sellers in the real estate market. By presenting your property in its best light, you not only increase its appeal but also its perceived value. If you're considering selling your property, you may want to think about staging it. As an added benefit, our Real Estate Team provides a complimentary verbal Home Staging Consultation when our team is hired to sell a home. Connect with us today to learn more!
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