Nothing is better than fresh paint and staging! It's like going out on your first date. You're going to dress well and look your best, so should your home on its first date! Staging does not need to cost a lot either. Usually a stager will utilize what you have on hand.
Good luck with your staging. If you need the names of a couple of staging professionals, give me a call or send an email and I'll share my favorites with you.
EXIT Realty Gold Service
100 Rt. 46 East
Mt. Lakes, NJ 07046
I would stage the house if it is not already "perfect".
I had a small three bedroom listing just recently that was painted, kitchen updated, new bathroom cabinets and some furniture was staged in the vacant property. The owner had gone to house sales for a few months and picked up a sofa some tables, plants, bedspreads etc all for a few hundred dollars. I listed the house for 20 thousand MORE than the owner thought it would go for, and we were under contract in 3 weeks.
The real "Dollhouses" will still sell, even in this market.
Best of Luck to you,
In this market we recommend that motivated sellers prepare their home so that it shows well, price the home aggressively, and if you are looking for a competitive edge you may consider, "Financial Home Staging". In addition to your Realtorâ€™s marketing plan, open houses, newspaper adsâ€¦ 321ADVANTAGE provides a value-added service that infuses energy and excitement into the marketing of your property. We team up with Sellers, Realtors & Builders and act as â€œFinancial Home Stagersâ€ - we make homes more attractive, interesting and appealing FINANCIALLY. We represent Motivated Sellers and our system helps Sellers Sell & Buyers Buy!
As a company with a Real Estate Broker who not only knows design, but has studied it since 1991, I am a true living testimony that helping sellers utilize what furniture, accessories or items that they have and a little paint consultation and saving them as much money as possible, has help me make it a win win for everyone.
So staging is a must even on a zero to low budget!
Pricing is #1 - Staging is a great way to move a properly priced home quickly.
Good luck and thank you for inspiring such a good discussion.
Search and connect at http://www.feenick.com
We are long time investors and started staging our homes when people couldn't visualize the room sizes or how to use the vacant spaces. This led realtors to also ask us to work with them on their homes and changed the course of our business as staging is in such demand and needed. You nkow there are fewer home buyers than in the past - and can't afford not to entice and woo each and every one of them! As Steve Norris described in his answer - over and over again we stage homes that have been on the market for a long time and they sell quickly.
Don't forget staging is also clean and decluttered -- also important factors.
You have received some terrific answers already, but I just want to elaborate that Staging will get you more money BECAUSE your home sells faster. A property will not warrant a higher list price simply due to the fact that it shows better once it is Staged. However, your home will often appraise higher as Stagers recommend
repairing those deferred maintenance items that homeowners overlook. Since 95% of all homes Staged by an Accredited Staging Professional sell in 33 days or less, this will save you in mortgage and insurance costs by having the home sell quicker. It was also impact your overall equity as the cost of Staging will ALWAYS be less than your first price reduction.
Best of luck!
Leigh Newport, ASP
Staged by Design
I just wanted to share these statistics:
SOME HOME STAGING FACTS
A typical home buyer decides if they are attracted to a home within 8 to 10 seconds.
Only 10% of home buyers can actually visualize thepotential of a home.
U.S. Housing and Urban Development reports a staged home sells 17% higher than an un-staged home, on average.
Staged homes sell on average 6.32% over the listed price, un-staged homes only average at 1.6%.
The New York Village Voice reported that the average number of days on the market for a staged house was 13.9 days versus 30.9 for an un-staged house.
Search and connect at http://www.feenick.com
The correct answer is neither! Staging is a tactic. Pricing is a tactic. Open houses are a tactic. Newspaper ads are a tactic! Will any one of then sell or expedite your sale? Nope! Each sale is dependant on several things. While staging MAY be one of them, you can't tell until the buyer shows up, completes the sale and then confesses (If they can remember and care to quantify) what was the deciding factor.
Staging costs money, in most cases. How good are your own skills in artistic presentation? How good are your Realtorâ€™s? How much can you afford in professional services? How good are they?
OOOps! I've just asked more questions than you did.
Best of luck!
I'm a Realtor and a professional stager. In my experience, my staged homes have sold faster and in some cases for more money. The thing to keep in mind is that staging alone will not sell your home. It's a combination of staging, correct pricing. location, and market conditions. Of course, you can't control location and the market but if something is staged well and correctly priced, you should see more traffic than your non-staged competitions. People have a hard time visualizing the potential of a home and they will often buy into the furnishings and design as a direct reflection of the price point.
Best Wishes in your sale. I'm not sure if you are located in Randolph, NJ or MA based on your profile. If you are in NJ and would like a free estimate, please feel free to call me at 973-418-3427 if you are not already working with a stager.
Realtor/Accredited Staging Professional
Simplicity Home Staging & Design
The reality is "staging" improves the way your property is percieved by potential buyers. With this said, it has the potential for positively impacting BOTH the selling price and amount of time on the market.
Many owners find themselves wrestling with the decision of paying for the cost of staging or discounting their home price. Others will attempt to stage the home themselves.
The bottom line is appearance and price are major home selling factors.
Staging will usually get POTENTIAL MORE MONEY, homes dances with furniture miscell. items than a vacate homes. Home "slightly furnished" main rooms will sale faster than an unfurnished home. Most home buyers cant visualize empty rooms.
I am a realtor, and investor. All of the homes we place on market we stage living, dining, kitchen, baths, master bedroom , pool furniture. We maintain a warehouse of items.
EXAMPLE: I had not completed staging a home just had bathrooms complete, needless state the buyer fall in love with all bath items, house sold in less than 24 hours !
Many homes we have completed buyer also wanted to purchase furniture loved how it looked ! additional way to make money we rolled those items into sales offer.