Should You Stage Your Home?
This is why staging your property before you sell is worth it.
Right now, market conditions are incredibly hot, and many people are selling their homes quickly and for very high prices. As such, some sellers are neglecting to do some of their deferred maintenance and improve the presentation of their properties to get the highest price for their sales. If you go into a new construction home today, you’ll see that those homes are always staged, and there’s a reason for that. Staging a home shows the floor plan and what potential the home has for interested buyers.
I was recently chatting with someone who couldn’t sell their home for months, even in this market. They were just a little bit overpriced, but not by much—they listed the home for around $525,000 when their comps only valued it between $535,00 and $545,000. They ended up taking the home off the market for a time and spoke to us about what they could do.
"Staging a home shows the floor plan and what potential the home has for interested buyers."
We booked them a professional staging consultation, and when they sold the home after having it staged, they wound up getting $632,000 for it. In the end, the home appraised for less than that amount, but the buyer was willing to pay the difference. Suffice it to say the seller was very happy.
In another transaction, we had a home that closed for $50,000 over asking price. The buyer loved the furniture in the home so much that they ended up purchasing some of it.
So should you stage a house before you sell it? Absolutely—it’s worth every dollar.
If you have any questions or would like more tips to help you sell your home quickly and for top dollar, feel free to give me a call. I’d love to help you.