Here’s why staging your home makes sense:
There is no doubt that staging will cost money, however in my personal experience as a Realtor, staged homes sell faster and for more money.
To back up my observation a study done by National Association of Realtors (NAR) “2015 Profile of Home Staging” found:
Buyers’ realtors reported that 81% of their clients felt that staging helped them to imagine the property they were viewing as a future home.
Good staging is a visual presentation that draws on some of the fundamentals of interior design.
The object of good staging is to invite the Buyer to imagine themselves in the home. A well staged home is one that shows off its good features and hides its flaws; deals with difficult spaces so that they make sense; creates an inviting mood and highlights features of the home to make it look better in pictures.
Will staging affect your time on the market?
“Consumers Guide to Real Estate Staging” reports that homes that had not been staged before listing sat on the market an average 143 days. Once these homes were staged, they sold in 40 days. Homes that were staged pre-listing averaged 23 days on the market.
Will staging affect your selling price?
According to the NAR report, 52% of buyers’ Realtors believe that buyers offer more for staged homes (32% think they offer 1% to 5% more; 16% put the increase at 6% to 10%; 4% put it as high as 20%). Nineteen percent of the realtors didn’t feel staging had any impact on a home’s selling price.
Home Staging Resource, an organization that offers training and resources to stagers, is even more sold on staging : Its website states that in a survey of 3,500 staged homes, 46% sold for 10% more than they would have had they been unstaged.
Staging Tips to consider:
The key to staging is that you want Buyer’s to visualize themselves and their belongings in your home. You want them to want to live there. Its about pushing their emotional buttons.
Here are some very simple steps advised for property for sale in Nanaimo which you can follow to stage your house yourself if you want to save some money:
- Take a moment and stand in the doorway of each room and try to picture how a stranger would view it.
- Clear off all tabletops and shelves except for a vase or an ornament or two.
- Think about what a nice hotel room looks like when you enter. A nice hotel room looks cozy and warm but also generic. They are often decorated simply and without clutter.
- Less is more. Become a minimalist. Clear off counter tops, put appliances away and out-of-site, reduce artwork on the walls to a few select, tasteful pieces & make room on your bookshelves by packing away some books.
- Depersonalize your home by packing away, children’s art, family photos, awards & memorabilia.
- Clean your home until it sparkles. This includes. Baseboards, windows, moldings, baseboard heaters, walls and behind appliances. PLEASE clean your oven, too. Many buyer’s I work with do open your oven to see what it looks like. Scour bathrooms and kitchen until it shines. A dirty home is a buyer turn off.
- Move furniture around and take away any extra pieces. Too much furniture can make a room look smaller. Once you have done steps 1 -6 you may wish to spend a little money to have a stager come in and do the rearranging of the furniture. That can be money well spent! In fact, you may be so happy with the results you may not want to move.
- Dark homes turn buyer’s off. Flood your home with lots of light. This may mean taking down heavy drapes and valances and replacing them with blinds. Make sure to have plenty of light fixtures even if it means buying some table and floor lamps. Before a showing make sure to open blinds and turn on all the lights.
- Don’t be tempted to keep the wallpaper. Generally, buyers are put off by it. They view the removal process as another chore if they buy your home. Take it down and paint the walls a nice neutral colour.
Kitchen and bathrooms sell homes so make sure to spend extra time on them. Here are a few inexpensive fixes:
- Spend a little money on some nice new towels. If you are unsure what to buy, then buy some fluffy white towels. White towels give the feeling of freshness and add brightness to the bathroom.
- Declutter the bathroom of all personal items and put away extra toilet paper rolls.
- Remove bathroom mats and toilet seat covers.
In the kitchen:
- Small improvements can make a kitchen look great. Things to consider doing are changing the kitchen faucet especially if it is dated, painting the cabinets, or changing out the hardware on the cupboards.
All these staging suggestions can be inexpensive cosmetic improvements and will go a long way toward selling your home quickly.