Home sellers: These are the top four things you can do to get your home ready to sell for a great price in the spring market.
Does staging your home help you sell it for more money?
Statistically speaking, it absolutely will! Around 25% of buyer’s agents have said that staging a home increases the dollar value of the home by 1% to 5%. That’s a significant boost in value, considering the costs of staging. If you’re selling your home with the Edge Group, staging usually costs around 1% of your sales price—so it could either be a wash or a big bonus to you.
Security is another benefit of staging your home. That sounds odd, but here in Jacksonville where we see a lot of homes being flipped, we also see a lot of theft; people sometimes just walk right in and steal AC units, appliances, etc. If you have a highly marketed, renovated home with brand-new, stainless steel appliances put in, your property might become a beacon to potential thieves. When we started staging flipped homes, we realized that the number of thefts went down. A staged home looks like someone lives there, which can deter potential ne’er-do-wells.
Staging also impacts buyers’ perceptions of your home once it hits the market. The first few days of being on the market are hugely important; the activity you generate will determine whether your home is priced well or not. 83% of homebuyers say it was easier for them to visualize a staged property as their future home. It’s similar to the reason why car dealerships give you a test-drive—if buyers can see themselves owning it, the higher the chance the dealer will sell it.
If you have any questions about staging, such as how the process works or how the fees can be wrapped up with the commission to ease your financial burden, don’t hesitate to reach out to us. We’re here to help you with all your real estate needs.