When it comes time to sell your home, you want to get the best possible price. And in today’s market, that means making your home stand out from the competition. One of the best ways to do that is by staging it. Read on if you’re unsure what staging is or why you should do it.
What is Staging?
Staging is preparing a home for sale by making it look its best. This usually involves decluttering, deep cleaning, and making any necessary repairs or improvements. Staging can be done by the homeowner or by a professional stager.
While some people see staging as an unnecessary expense, the truth is that it can significantly affect how quickly your home sells and for how much. Here are five reasons why you should stage your home before putting it on the market:
Staged Homes Sell Faster
On average, staged homes give 82% of buyers a chance to visualize the home. When buyers envision a home, they can easily picture themselves living there. This makes them more likely to make an offer and increases the chances that they’ll make a higher offer than they might have otherwise. Additionally, when considering two similar homes, most buyers will choose the one that requires less work.
Sell for More Money
Not only do staged homes sell faster, but they also sell for more money. Staged homes typically sell for 6-20% more than non-staged homes. This extra money can be used to cover the cost of staging or go straight into your pocket.
Gain Fewer Days on Market
The faster your home sells, the fewer days it will spend on the market overall. This is important because each day your home spends on the market, its value decreases by approximately 1%. So, if you stage your home and it spends 30 days on the market instead of 60, you’ll end up with an extra $15,000 in your pocket!
Less Negotiation is Required
When buyers see a well-staged home, they’re less likely to try to lower your price because they can see that it is worth every penny you’re asking for. If a buyer does try to negotiate with you after seeing a staged home, chances are good that you’ll be able to hold firm on your original asking price or at least come away with a better deal than if you hadn’t staged your home at all.
Make a Good First Impression
You only get one chance to make an excellent first impression—and that’s true when selling a house just as much as anything else in life! First impressions are everything when selling a home because buyers will make up their minds about your house within seconds of walking through the door. If they don’t like what they see immediately, they probably won’t even bother looking any further—no matter how great your house is! But if their first impression is good, they’ll be much more likely to stick around and give your home the attention it deserves—which could lead to them writing you an offer before they even finish touring the property!
As you can see, there are plenty of good reasons to stage your home before selling it. Not only will staging help you sell your house faster and for more money, but it will also help attract buyers who are serious about making an offer. So if you’re thinking about selling your home shortly, be sure to factor staging into your budget! Consider these three tips if you want to stage your home correctly.
Remodel For Better Pictures
Pictures play a massive role in staging your property, especially if you want to market it online. To ensure you get the best photos possible, consider doing a small remodel to improve your home’s aesthetics. For example, consider repainting the walls, replacing old and outdated light fixtures, or adding new landscaping in the front yard.
You should also consider putting some abstract art in your interior design. Consider hiring a professional portrait photography service when photographing your abstract art. The portrait aspect ratio can help abstract art shine. This can also work well when it comes to minimalistic designs.
Declutter and Purge
Another important aspect of staging is decluttering and purging items that don’t belong. You should go through every room in your house and pick up things that don’t belong. These might include unnecessary furniture or decorative pieces you do not need anymore.
Consider storing these items in a storage unit or taking them to your local second-hand store if they are still in good condition. This will allow plenty of open space for potential buyers to look around and envision themselves in your home.
Repair Everything That’s Broken
Finally, you should ensure everything is working correctly before listing your home. This includes repairing leaky faucets or ensuring your appliances are fully functional. Hiring a professional repairman during the staging process may be beneficial to ensure everything is fixed correctly.
If you are contemplating whether or not staging is right for you, keep the above tips at heart. Staging your home can help your property sell quickly and for a bit more than you may have otherwise earned without it. Striking a balance between these three tips will provide the best results when selling your home today.