What is Home Staging and How Does it Help Sell Your Home?
Staging is the process of highlighting a property’s best features by using lifestyle selling techniques while targeting a specific market.
The goal of staging is to capture the buyers’ hearts and minds by helping them to visualize themselves in your home with the quality of lifestyle that they aspire to.
Staged homes typically sell faster and at a higher price than their un-staged counterparts.
The First Impression is Very Important!There are homes you’ve seen that you’ll not soon forget, right? Some because you were favorably impressed, others because you were unimpressed.
Any agent can confirm what Jan Van Horne at the ideal Realty in Eden Prairie, Minnesota once said, “Typically, a potential buyer has made up their mind ten seconds after they step in the front door. They were already forming an opinion as they pulled into your driveway!” That really doesn’t leave too much room for fault.
Having your home professionally staged can help to ensure both buyers and agents are favorably impressed the first time they see your home. The quicker buyers can visualize themselves living comfortably in your home, the more offers you’ll receive. And the more competitive offers you get, the higher the offers will be! It’s as simple as that.
What’s Staging Worth?
The good news is that staging your home means more money in your pocket whether the market is hot or not. In highly competitive markets where bidding wars are commonplace, professional staging can result in price increases of 10% to 12%.
In a moderate market, staging can lift selling prices from 2% to 10%. When the market is sluggish, staging helps homeowners gain exposure and shorten the time to sell.
After comparing the bottom-line difference of staged vs. not, staging nearly always proves to be money well spent and a wise investment.