HOME MAKEOVER - Staging A Home Before and After
Staging A Home Before And After / How to make The Most Money on Your Home https://www.thinkrealestategroup.com/sellers/free-market-analysis/ Many homes are going under contract the first weekend they're listed—and sometimes without any preparation for the market. Still, real estate professionals can't promise sellers their property will stand out and receive the highest offers unless buyers fall in love with the home.
That's where staging makes a big difference! In what ways does staging capture buyers' hearts for a successful, top-dollar sale? With staging, you minimize the negatives and accentuate the positives of a property to make the best impression. Start by decluttering and depersonalizing to remove any potential distractions. Then, add a coat of neutral wall color to brighten the space, remove dated window treatments, and strategically arrange furniture and remove bulky pieces. These simple updates will help play up the home's unique features and increase the perceived value.
More than a quarter of buyers are more willing to overlook property faults if a home is staged, according to NAR's 2021 Profile of Home Staging. Staging is an investment that helps maximize the rate of return on the sale of the property—and usually costs less than the first price reduction. With an average investment of 1% of the sale price into staging, about 75% of sellers saw an ROI of 5% to 15% over asking price, according to data from the Real Estate Staging Association (RESA). A recent survey from the International Association of Home Staging Professionals shows that staging helps sell homes three to 30 times faster than the nonstaged competition. Further, staging can help increase the sale price by up to 20% on average. For sellers who decide not to stage, the IAHSP survey also shows that the average price reduction on a home was five to 20 times more than what the staging investment would have been.
Dave Robles is the owner of Think Real Estate with agents throughout the greater Los Angeles area and in Utah. He is the managing broker for eXp Glendale, California. Dave has been a top producing agent and real estate agent trainer for over two decades. He has established a reputation for building relationships with his clients and the agents he mentors. Dave leads his team with a focus on service to the surrounding communities