Home Staging: Does it Make a Difference?
Home staging is one of the most effective ways to entice a buyer to purchase a home. The effects of staging are both aesthetic and psychological, with sellers’ agents using the technique to help potential buyers envision themselves in a home. Additionally, staging helps potential purchasers get a feel for the amount of space that rooms in a home possess. Below are some key factors to keep in mind as you consider home staging and whether it might make a difference.
Staging: A Growing Practice with Positive Results
The practice of staging is a growing trend among real estate agents. According to a 2015 report by the National Association of Realtors, over one-third of sellers’ agents stage all of the homes that they are selling. Perhaps most importantly, nearly one-third of buyers’ agents feel that staging a home leads to a one to five percent increase in the dollar value offered by buyers.
When is Home Staging Especially Effective?
Staging is a cost-effective option to help add life to an empty home. With staging costs averaging less than $700 per home, staging is an excellent solution for sellers who are handling the following types of sales:
- Homes in Poor Condition: Staging helps buyers to better envision the potential of a damaged home
- Older Homes: Staging helps to prevent people from focusing on flaws in older homes
- Homes that must be sold quickly: Staging increases the odds that potential buyers will pull the trigger faster
Seeking the Help of an Industry Expert
The most effective way to explore staging is to enlist the help of an experienced real estate expert. My team and I know how to use staging to help potential buyers see the value of your home. Please contact us to learn how we can use staging to help expedite the sale of your home and potentially further increase the return on your investment. We look forward to hearing from you!