Does staging make a home sell for more?
01/29/2015 | Author: Editorial Staff
If you want to increase the price that buyers offer for your listing, staging the property might be the way to do it. According to NAR’s recently released 2015 Profile of Home Staging report, 32% of buyer agents surveyed said staging a home can increase the amount buyers are willing to offer by 1% to 5%. Sixteen percent said it could increase offer prices by 6% to 10%.
According to the report, the median dollar value to stage a home is $675, and 62% of seller agents offer the service to their sellers. If you want to give staging a shot, but do it on a budget, start with these five tips:
- Try a theme for each room, like a reading nook or movie theater.
- Remove personal items so buyers can picture themselves in the home.
- Rework items a homeowner already has rather than making new purchases. This could be as simple as rearranging the furniture to highlight a room’s feature, or using old frames to display new artwork.
- Paint the walls neutral colors.
- Get a third party to suggest changes if you’re concerned about a seller having a negative reaction to your ideas.
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