Home staging is getting a home ready for sale to attract more buyers, sell faster, and for a better price. It focuses on making the home look welcoming and desirable to potential buyers so they can picture themselves living there and be more likely to buy it.
WHAT IS HOME
STAGING?
Homes that are staged sell quicker and at a higher price compared to un-staged homes. Staging is more cost-effective then reducing the price and can boost the home's value by 3-10%. Properties that stay on the market for a prolonged period usually sell for a lower price.
The percentage of sales for staged homes versus unstaged homes can vary depending on factors such as the local real estate market, the condition of the property, and the quality of staging. However, numerous studies and industry reports consistently show that staged homes tend to sell faster and at higher prices compared to unstaged homes.
One widely cited study by the Real Estate Staging Association (RESA) found that staged homes spent 73% less time on the market, on average, compared to unstaged homes. Additionally, the National Association of Realtors (NAR) reports that 83% of buyers' agents believe that staging makes it easier for buyers to visualize a property as their future home, potentially leading to more offers and higher sale prices.
While it's difficult to pinpoint an exact percentage difference in sales between staged and unstaged homes, the overwhelming consensus within the real estate industry is that staging can significantly increase the likelihood of a successful sale.
Home staging is the strategic process of preparing a property for sale by enhancing its appeal to potential buyers. Certain areas are pivotal in this transformation. The living room, as the focal point of social activity, should exude warmth and comfort, inviting prospective buyers to envision themselves relaxing and entertaining. The kitchen, often considered the heart of the home, benefits from a clutter-free, organized space that highlights its functionality and modern amenities. Bedrooms should feel like serene retreats, with tasteful decor and neutral tones promoting relaxation and restfulness. Additionally, focusing on curb appeal by enhancing the exterior's appearance with landscaping, clean pathways, and welcoming entryways can leave a lasting impression. By staging these key areas thoughtfully, sellers can significantly increase the overall appeal and perceived value of their property, ultimately expediting the sales process.
Let's embark on this transformative journey together.