According to the National Association of Realtors:
1) When staging a home, 29 percent of sellers’ agents reported an increase of one percent to five percent of the dollar value offered by buyers, in comparison to similar homes. Twenty-one percent of respondents stated that staging a home increased the dollar value of the home between six and 10 percent.
2) Thirty-nine percent of sellers’ agents stated that staging a home greatly decreases the amount of time the home is on the market.
3) Seventy-seven percent of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home. Buyers were more willing to walk through a home they saw online.
Research shows 72% of buyers first impression is formed in the blink of an eye!
Completely preparing for that first impression with staging, is critical to ensure the right impact.
Today’s buyers are different to those of yester–year. The average buyer is 32 -Millennials! The younger generation are less inclined and have less time, to renovate property after they move in.
A recent study revealed buyers are actually willing to pay a premium to have a house move in ready.
They want to move in Saturday and be entertaining Sunday.
Maritza Burke, CSP