Home staging is the process of a real estate agent or company preparing a residence before potential buyers visit for viewings with the ultimate goal of making it look appealing and in turn selling the home. This could include adding, removing, or updating furniture, as well as renting furniture to enhance your home staging. Some people like to re-arrange all the furniture to make the space look bigger, in addition to changing the paint and décor, and removing belongings to make the house look less cluttered.
There are a number of reasons why many real estate agents turn to the home staging process and below are reasons why this just may be the missing piece that will result in your house being sold.
1. Makes a home appealing
After living in your home for a few years, you may not be able to picture and visualize it any other way. While it is comfortable and it is exactly the way you like it, it may not be enticing to people in the housing market. A person skilled in home staging can provide objectivity and transform your home into one that will sell. Whether it be replacing furniture, décor, or room colours, a home stager can look at the interior of your home and know exactly what it will take to be attractive to buyers.
As a seller, you only have one opportunity to give a first impression meaning your home needs to be perfect from the start. Home staging guarantees that your home is in its best possible shape with interiors that are sure to impress.
2. Proven to sell homes
Home staging is an increasingly desirable service for homeowners looking to sell because of its proven track record to sell homes quickly. On average, 73 percent of houses that are staged sell faster than those that are left unaltered. In a survey that took into account the sales of over 2700 homes in 8 cities, it was determined that staged homes sold twice as fast as those that were unstaged.
It is a proven fact that the longer your house stays on the market, the more likely that it will be subject to a price drop. The staging process itself adds visual appeal and brings out the best traits of the home, giving you the best opportunity to sell in a timely manner.
3. Highest price for your home
As stated, the longer your house stays on the market, the more the price will drop, meaning you may be disappointed in the final amount that you get for it. According to a National Association of Realtors survey, homes that sold after one month on the market sold for at least 6 percent less than asking price. Because it is a fact that staged homes sell faster than unstaged ones, you will be increasing your chances of receiving offers close to your asking price by hiring someone to stage your home.
4. Your house will stand out
It is estimated that 90 percent of people in the market to buy a house search for them online and approximately 98 percent of buyers state that photos were useful in their house search and were a contributing factor in their decision to view the home. This demonstrates how home staging is an advantage to the homeowner as such pictures attract house hunters and give them ample reason to come see your home.
Homes that have undergone a staging through upgraded furniture, décor, and the removal of personal affects stand out online and make them look very desirable. Perfectly staged rooms will give you a virtual edge on your competition, highlighting the strongpoints of your home and enticing potential buyers to schedule a viewing.