3 Reasons Home Staging is Crucial for Selling a Home

Best offer due by Monday at
5pm!  This is what you see on several
listings in the Southeast Michigan area. 
The current market is still extremely hot and homes usually don’t stay
on the market very long.  With things
moving quickly, why stage at all?  There
is still good reason to stage your vacant home or restyle your owner occupied
home.

1.
Home Selling is More Digital Based Than Ever

According
to data from the National
Association of Realtors, 81% of Older Millennials, 80% of
Younger Millennials, 78% of Generation X and 68% of Younger Boomers found their
home on a mobile device.  This tells us that in the new
generation of buyers, photos online are exceedingly important.  They will view these listings before they
even make an attempt to reach out to an agent. So, how do you make those photos
appealing enough that potential buyers reach out to an agent for a showing?  Invest in home staging!

2.
Creates Competition and Encourages Multiple Offers

Every
seller’s main objective is to sell the home at or above the asking price.  As has been proven in a survey by Home
Staging Resource, sellers that invest in home
staging receive anywhere from 6-25% more for their homes than those that are
unstaged. The reason for this is simple. With home staging, we accent the best
areas the home has to offer, while minimizing the potential eyesores that may
turn off potential buyers.  And not only
does this increase the likelihood of multiple offers being placed on the home,
but it opens the possibility that those offers could exceed the asking price.

3. Prevents the Need for Price Dropping

In
most cases, when there is little to no interest in a home after 2-4 weeks, a
price adjustment of around $5,000-$10,000 is applied to entice more potential
buyers. By investing in home staging from day one of selling your home, you can
often avoid this price drop. The initial investment of staging your home
will usually be less than the initial price drop.

Invest
in Home Staging from Day One

With
an initial investment of about 1% of the asking price, home staging can play a
crucial role in getting at or above listing price very quickly!  Put your homes best foot forward by having
a stage or a restyle completed before you place it on the market.  Draw those buyers with the beauty of your
home being accented!