How can you position your home to sell for top dollar? We’ve seen many situations where home staging played an essential role in getting home sellers more than their asking price. Why can staging ensure your home sells for top dollar?
How Home Staging Can Ensure Your Home Sells for Top Dollar
Staging Portrays a Lifestyle a Buyer Can Realize
According to the National Association of Realtors 2015 Profile of Home Buyers, only 19% of home buyers can visualize their furniture in a vacant home. After viewing an empty home, they are still in the dark about the home’s potential. Due to the fact that this is such a large investment, home buyers want to ensure that they will enjoy a comfortable lifestyle in it. By staging your home, you are appealing to the 81% of people who need to see furniture in a home to imagine the lifestyle it affords. You are giving your home an advantage over its vacant competition.
2. Staging Your Home Will Increase Its Emotional Appeal
Buyers tend to purchase for emotional reasons not logical ones. That’s why it’s so important to keep them in your home longer. Once they fall in love with a home’s ambience, there will be little anyone can do to dissuade them from submitting an offer.
3. More Buyers’ Real Estate Agents Will Show a Staged Home
Why would they waste their time showing a home that doesn’t reveal a lifestyle? The more traffic you get inside your home, the more chance that it will sell quickly and for a better price.
4. A Staged Home Can Yield Multiple Offers
It’s more likely that you ‘ll have a bidding war when your home is staged because it makes your home appealing to more people.
5. Buyers Tend to Overlook a Home’s Flaws When It’s Staged
A busy highway or high tension wires near your home won’t seem like such a big deal once a buyer falls in love with the great living space and traffic flow your staged home presents.
6. Staging Your Home Can Sell It More Quickly
A recent study done by the Real Estate Staging Association showed that staged homes sell, on average, 79% faster than unstaged homes. The first 30 days on the market are critical for making a sale at or above the listing price. The longer your home sits on the market, the more it becomes stale to home buyers who will think you are now desperate to sell. A low-ball offer is sure to result.
7. Staging Your Home Can Increase Your Return on Investment
A recent National Association of Realtors’ study showed that an average staging investment of 1-3% of the listing price can result in an 8-10% ROI. Your home will sell faster and your profits will more than pay for the staging. In addition, you won’t be strapped with paying a mortgage, association fees, taxes, and utility fees on a home you no longer want.
If you are contemplating selling your home, don’t be a “penny wise and a pound foolish”. Ensure your home sells for top dollar by investing in home staging.