Home Staging Impact
Yes, staging a home does help it to sell. The National Association of REALTOR has a survey that shows a staged home could sell faster, with a value increase of 5% to 20%. Eighty-five percent of staged homes fetched offers between 5 percent and 23 percent over list price, according to 2020 data from the Real Estate Staging Association (RESA). By investing 1 percent of the home’s value in staging, 75 percent of sellers saw a return between 5 percent and 15 percent.
The average salary for home stagers is $49,616, with some earning as much as $80,500 annually. The majority of lead stagers make over $20 an hour, while the majority of staging assistants make $10-$25 an hour.
More than half of the real estate agents said they sometimes offered to pay for staging services in some cases. Nearly 80% of agents paid for a consultation with a stager for their clients.
Home staging can increase the value of your home by up to 20%. Staged homes sell up to 3 times faster. DIY home staging is easy, fast, and affordable.
Proponents say that staging a home can increase a home’s selling price and the likelihood that it will sell quickly. You can stage your home yourself or rely on some feedback from your real estate agent.
Staging Strategies and Considerations
The goal of staging an apartment is to show buyers how they could live in a space. Use staging to create those spaces with rugs, furniture, and accents.
Staging creates space. It’s often easier when a home is vacant, but most sellers are juggling busy schedules while their house is on the market. Clearing out clutter can make a huge difference on the spaciousness of a home.
The Value of Home Staging
How much value does staging add? Research shows that home staging can increase the value of your home by up to 10%. The same report found that 85% of estate agents say a staged home sells up to 3 times faster.
Additionally, 79% said staging increased the dollar value offered between 1-5%, indicating that staging is beneficial when selling a house.
In the NAR home staging report, 44% stated that home staging would add value to a property. The increase ranged from 1% to 20%.
Staging your home is a way of styling it to appeal to more buyers and encourage a higher sale price. Home staging can add 10% to your sale price and sell your home 3 times faster.
Is Staging Worth the Investment?
Is it worth it to stage your house?
Staging can be beneficial, but you’ll need to consider the costs of hiring a stager and renting furnishings while the house remains unsold.
Real estate agents sometimes pay for staging, but may charge an additional 1% to 3% of the listing price to cover the costs.
Conclusion
When selling a home, staging can create a welcoming atmosphere that appeals to potential buyers and can significantly affect the sale price and speed of the transaction. Whether to stage or not is a decision that requires weighing the benefits against the investment in time and cost.