Randi Hill ~ Simply Inspired Interiors
Why Home Staging? Is it Necessary in a Seller's Market?
Updated: Feb 24, 2022
Today's buyer is looking online first. Many say a person decides within seconds if a home is desirable to them. It is crucial that their first impression, delivered in the photography, is showing each home at its best, free of clutter and personal taste, allowing buyers to envision their own style and preferences. A simple, fresh design maximizes appeal to a larger audience. Staging can highlight a home's strengths and downplay its weaknesses. Scaling back furniture and outdated decor, along with the placement of updated accessories, show a home's potential without costly updates.
Is it necessary to stage in a seller's market, when homes are already selling quickly? Yes! If you want to sell for the most money possible, and reduce the chance of a sale falling through, the home needs to look its best. You want buyers to FALL in LOVE and be EMOTIONALLY drawn toward the home you are trying to sell. This happens when it is free of clutter and extra furniture, arranged to best highlight the space and usage for each room, and has fresh updated touches of decor throughout. Staging sets your listing apart from the rest. A buyer's emotional connection increases the chance of bidding wars and decreases the chance of a buyer backing out, due to appraisal or inspection issues. Restyling can help potential buyers look past the need for updates and repairs. Spending money for decorative adjustments to a home, before listing, pays for itself. If you can get a buyer to fall in love with the home, it gives negotiating power to the seller.
*According to 82% of buyers' agents, staging a home makes it easier for buyers to envision the property as their future home.
*Staged homes sell faster & for more $$.
*Agents told the National Association of Realtors, staging increased offering price by 1-10%.
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