Experts in the real estate industry unanimously agree that staging your home not only accelerates the selling process but also fetches a higher price. When faced with the decision to stage your home before listing it for sale, you might find yourself hesitating, questioning the rationale behind investing in a property you're about to leave. However, the outcome of home staging is indisputable.
According to a National Association of Realtors® (NAR) report, approximately one-third of buyer's agents claim that staging results in an increase in the dollar value offered, ranging between one and five percent when compared to similar, non-staged properties on the market. The Dudum Real Estate Group even asserts an impressive return on investment, with their clients experiencing a net gain of $16.45 for every $1 spent on staging a home.
The Real Estate Staging Association® (RESA) further supports the value of staging by revealing that properties staged before listing sell a staggering 90% faster. Christine Rae, CEO of CSP International™ Business Staging Academy and accomplished author of 'Home Staging for Dummies' and 'SOLD,' emphasizes the preferences of millennials, stating that seven out of ten are willing to pay more for move-in-ready properties due to financial constraints and a lack of resources for post-move-in renovations.
Delving into the specifics, here are the top 8 reasons why staging your property before listing is a strategic move:
- Staged properties sell faster than non-staged properties.
- Staging enhances the visual appeal of your house, providing excellent photographs for online listings – the starting point for most buyers' searches.
- Staging creates a crucial first impression, delivering the WOW factor that captivates potential buyers.
- Staged properties consistently fetch higher sale prices.
- Staging ensures your house is move-in ready, a key criterion for prospective buyers.
- Buyers can easily visualize themselves living in a staged home.
- Staging effectively highlights the unique and special features of your property.
- Staging communicates to potential buyers that the property is well-maintained.
An apt analogy is drawn to selling a car – just as you would invest time and money in detailing a car before putting it up for sale, the same principle applies to your house. If you're contemplating selling, take the next step and schedule a staging consultation, or reach out to us for more information. Don't miss out on the benefits of presenting your property in its best light!