Selling a house is a long process that may be stressful at times. There is a lot of preparation that goes into selecting when to market your house for sale, how much you should ask for it, and what home renovations you should do first.
Staging is an important aspect in home selling that many sellers forget. Staging your property will help it stand out among the other houses for sale in your neighborhood, attracting more interest from possible buyers.
In the past, staging was only done in abandoned and difficult-to-sell homes. Nowadays, there are more staged listings than ever before, here’s why.
Staging Increases the Value of Your Home
Staging your home will make it more attractive to potential buyers and may affect their offer. According to the National Association of Realtors, staging improved offers by up to 5% for buyers, and up to 10% for sellers.
Remarkably, just 1% of sellers’ agents and 0% of buyers’ agents claimed staging had a negative effect on the asking price. With nothing to lose and everything to gain, it’s easy to see why staging is important. This is likely to be much more accurate in homes with unique or special décor.
Staging Shows How To Make The Best Use Of A Space
It’s difficult to picture how you’d design or decorate an empty home when you first walk in. Staging your house will help buyers see how each area would work and provide them ideas for how their belongings may fit into each area.
Staging may also assist buyers in overcoming obstacles, such as making “zones” inside a small space to make it more useful than it seems when empty.
Staging Is Highly Effective
Sellers who do not stage their houses before listing them risk losing out to staged homes that are similar in price. Barb Schwarz, a real estate professional, coined the term “staging” in the 1970s.
The number of rooms staged in a listing is usually determined by the overall condition of the house. The living room is the most crucial area to stage for buyers, followed by the master bedroom and the kitchen.
Staging A Home Makes It More Move-in Ready
With today’s housing market’s record-low borrowing rates, speedy house sales, and many properties selling for more than the asking price, buyers may be forced to spend their whole budget on the purchase, leaving little to no money for house renovations or repairs.
Buyers notice an instant to-do list if the walls are painted in various colors or the bathroom isn’t done, which can be overwhelming.
Staging Allows Buyers To Picture Themselves In The Home
Having your house professionally staged helps buyers to see themselves living in your house and picturing their family in each room.
Because the typical home buyer isn’t a skilled designer and is unlikely to imagine how an empty room may function, having it staged may help build a picture of what living in the home may be like.
Staging a Home Cuts Down The Time It Spends On The Market
The longer a house is on the market, the more difficult it is to sell it.
According to studies, staged homes spend 72% less time on the market. Buyers are more likely to place a quick offer on a property that appears to be in good condition and is ready to move into
When it comes to why staged homes sell quicker, it all boils down to the factors listed above. It is highly effective, it increases the value of your home, allows buyers to picture themselves in the home, shows how to make the best use of space, and makes a home more move-in ready.