Home staging has been well-known in the real estate industry. Yes, it is making your home as pleasant and presentable as possible to sell the property faster. But how well do you know home staging? If you are new to the concept, here are some fast facts that you need to know.
Barb Schwarz introduced the art of staging a home to address the need of the sellers to sell their property faster, with a higher value. She has taught millions of realtors in the industry since then and has established the concept as years go by.
According to Shell Brodnax, chief executive of the Real Estate Staging Association (or RESA), “staging doesn’t conceal anything, but it accentuates what’s already there.” It only highlights the best features of your house.
The two types of staging include vacant and occupied staging. The cost and longevity of home staging depend on these two. Vacant staging requires filling in an empty space of a house. Occupied staging, on the other hand, is working on a house where there are inhabitants.
Sellers’ agents believe that home staging can increase a property’s value by 6-20%, while the buyers’ agents it increased by 1-20%. This is according to the 2017 Profile of Home Staging Report by NAR.
Most of the sellers’ agents recommend home staging before putting the house on the market because it decreases the time that it takes to sell a house.
According to the National Association of Realtors (NAR), “77% of the buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home”. This is why it is important to hire a professional stager because they know how to please the buyers. An image of a house that is not staged properly can drive away buyers because they cannot relate to the interior of the house. Either they find the place too small and gloomy, or they find it too empty.
The art of home staging is a very sneaky one. Sometimes subtle changes can create a major effect on the buyer’s perspectives. It is just a matter of well-played manipulation of colors, spaces, and positions of things that can give a pleasant image as a whole.
It’s wonderful if you already have a God-given talent in home staging and interior design. But for those who have no idea how to do this, the most practical choice is to hire a stager. In this way, you can be sure that your property is in good hands. Selling a property is a hassle itself so you may want to trust the staging of your home to the pros who can make your house compete with other house for sale.
Home staging can make you appreciate an in-depth understanding of interior designing. It is beneficial especially to those who need to sell their house immediately, which is the goal of every seller in the first place. You must bear in mind that staging must be done first before you list your property for sale. This is to avoid making a major mistake of losing buyers just because they do not like the appearance of your house without considering its great features and structure. Trust that professional home stagers can enhance the potentials of your house to be able to compete with others, and to sell itself faster than other homes.