I am often asked by home sellers whether they should stage their homes. Following is a recent post from REALTOR Magazine that helps to answer that question:
The True Impact of Home Staging
DAILY REAL ESTATE NEWS | FRIDAY, JULY 07, 2017
Sixty-two percent of listing agents say professional staging decreases the amount of time a home spends on the market, while 40 percent of buyer’s agents say their clients are more willing to walk through a home that has been staged, according to the National Association of REALTORS®’ 2017 Profile of Home Staging.
“REALTORS® know how important it is for buyers to be able to picture themselves living in a home, and staging a home makes that process much easier for potential buyers,” says NAR President William E. Brown. “While all real estate is local and many factors play into what a home is worth and how much buyers are willing to pay for it, staging can be the extra step sellers take to help sell their home more quickly and for a higher dollar value.”
Thirty-one percent of respondents to NAR's survey say staging increased the dollar value of a home they sold by 1 percent to 5 percent; 13 percent of respondents say it increased a home’s dollar value by 6 percent to 10 percent. Agents on both the buying and selling side agree that the living room is the most important part of a home to stage, followed by the master bedroom, kitchen, and outdoor space.
Thirty-eight percent of listing agents say they stage every one of their sellers’ homes before listing them. Fourteen percent say they will only stage homes that are difficult to sell, while 7 percent say they only stage homes in higher price brackets. However, 37 percent of listing agents say they do not stage homes at all before listing them. Instead, they say they make recommendations to sellers to declutter their homes and fix any issues.
Source: National Association of REALTORS® 2017 Profile of Home Staging (2017)
Thinking about Selling? Contact John Abry to find out if you should stage your home.
Author:John Abry Phone: 802-274-5806 Dated: July 12th 2017 Views: 351 About John: John specializes in assisting buyers and sellers of Colchester Vermont and Lake Champlain properties...
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John specializes in assisting buyers and sellers of Colchester Vermont and Lake Champlain properties while striving to be a valued resource for his community.
His dedication to serve his community is evident through active membership with the Colchester-Milton Rotary Club, Colchester Community Center Initiative, extensive work on developing a resourceful website for the area, a 365 Things To Do In Colchester Vermont Facebook page and also coaching community sports.
John also supports the Colchester Community Food Shelf, Children’s Miracle Network, Komen for the Cure and the Cancer Patient Support Program along with many other charitable organizations.
He resides in Colchester with his wife and son. The whole family is very active enjoying many types of water and snow sports but, are known to be occasionally enjoying some down time on the beach in Malletts Bay with family and friends.