New homes in the United States sold at an average price of $363,300 in June 2018. While it does represent a decrease from the month before, it’s still a good deal for many sellers.
But how’s the case for existing home sellers?
The market still looks promising, with the median price in December 2017 going up to $246,800. That represents a 5.8% increase from the year before.
But aiming for this price shouldn’t be the sole priority of sellers. They should also aim to sell homes faster. Otherwise, they risk having their property stuck in the market, which can contribute to a further decrease in selling price.
Enter home staging. It’s the art and science of prepping a home for sale. But it’s not the kind of “decorating” you most likely are thinking of.
So, read on to find out how staging your home can make sell it faster!
1. It Appeals to Your Target Market
Home staging is all about neutralization and de-personalization. Home stagers turn homes into a place that appeals to the buyers’ wants and needs.
For that, a professional stager factors in the home’s potential target market.
For instance, your space is big enough to accommodate individuals or couples, but too small for families. Then a staging expert will portray your property for young singles or partners.
In any case, a stager would get rid of anything that’s too personal. Remember, even if you treasure your huge and pricey doll collection, not all people like them. So, expect the home stager to remove it from your property during the staging process.
2. Highlights Your Home’s Strengths
Stagers employ certain strategies that put the spotlight on the best architectural features of a house.
For example, your living room has large windows that look out to your well-maintained garden. In this case, an experienced stager would make this area even more inviting with the right furnishing, window treatment, and lighting.
3. It Downplays Weaknesses
One of the major weaknesses in many homes is a shortage of space. That doesn’t mean your small home won’t sell fast or for a good price anymore.
With the help of a professional, you can stage a house and make its cramped spaces appear larger. It’s all about downplaying this weakness and improving upon it, such as with strategic placement of mirrors and better lighting.
A stager will also recommend removing assets that may have a negative impact on potential buyers. Aside from the doll example above, another is a taxidermy collection. Not all people are into it, so it’s best to remove it before you let prospects inside your home.
4. It Makes Buyers Envision Themselves Living in the House
Apart from collections, a stager would also ask you to pack other personal belongings. These include your awards, certificates, and family pictures. The aim is to make buyers imagine themselves living in your house, and not feel like they’re intruding.
5. It Can Get You the Best-Selling Price Too
A study found that homes sold within an average of 22 days. That’s 5.5 times faster than how “unstaged” counterparts did, which sold only after an average of 125 days.
But that’s not all. Staging can also help you get a much better selling price than leaving your house without the proper preparation. The National Association of Realtors says that even investing only $100 for home staging can give you a return of $400.
Staging Sell Homes Faster and Lets You Sell without Regrets
These are only some of the ways staging can sell homes faster, but they should be enough to make you consider such services. Besides, you don’t want to feel like the 30% of home sellers who regretted not “preparing” their home before they sold it.
If you’re ready to sell your home ASAP, then feel free to connect with us. We’ll be more than happy to address all your concerns about home staging.