Skip to main content

In A Sellers' Market, Staging Can Mean More $$

My realtor partners are telling me that it's a sellers' market in my area (Maryland).  Properties that are listed for $300,000 and below are flying off the shelves.  Well, it's been more than 10 years since this has happened, so I think it's great!  However, I still think that staging a house is very important -- to entice buyers into spending more money for your house or condo!

In fact, Real Estate Staging Associations (RESA) statistics show:
Staged homes sell 50 percent faster (or more!) than houses that are not staged, and staged homes sell for 6-10 percent more than houses that were not staged. Recently,  I just had one of my staged homes sell in 24 hours for an additional $10,000 OVER asking price!

In my blog, I wanted to share some mistakes that I have seen home sellers make  in the past eight years when they put their house on the market.  Some sellers wait months before they bring in a Home Stager.  In my opinion, this is a BIG mistake.

Here are some advantages to hiring a Stager BEFORE you put your house on the market:
1.  Your house will look it's BEST at the very beginning - in pictures online and in person.  The pictures online are the first impression that a buyer sees of your house.  Your house needs to look great because that is when you get the most interest from realtors and prospective buyers - when your house is FIRST put on the market!!
2.  Within the first 30 days of being on the market, the highest number of prospective buyers look at your listing - either online or in person. After the first 30 days, it is no longer considered a new listing. 
3.  If you do not get a buyer within the first 60 days, your chances of an offer are decreased because your house is no longer a "new" listing.  And after 60 days, prospective buyers begin to wonder - What is wrong with this house?  And you may be advised to lower the price.  Remember that hiring a Home Stager BEFORE putting your house on the market is much less expensive than the first price adjustment. 

So, here are some options:
1.  Hire a Home Stager for an in-home consultation.  The Stager will walk through your house, look at the exterior and interior, and give you objective opinions and advice on how to make your house more appealing to prospective buyers! This is the most inexpensive option.
2.  Hire a Home Stager to stage your Occupied home.  This can include redesigning some rooms,  using your own things, to help your house look good in photographs (online) and in person.
3.  Hire a Home Stager to stage your Vacant home.  Buyers have a hard time visualizing how their things can be arranged in your house.  In fact, only 10 percent of the population can visualize in this way.    Home Stagers usually know how you can furnish your home with furniture and accessories to create the "Wow Factor."  And some Home Stagers have their own furniture and accessories that you can rent.

If you have any questions about some of my suggestions, please email me at AGoodeStartDeco@gmail.com.  Thank you and, as always, Happy Decorating!!

Comments

Popular posts from this blog

Top 5 colors for Selling your Home

Paint is probably the easiest and most economical change you can make to your house when it is on the market. A fresh coat of paint can instantly change the feel of your space. When you’re selling your home you want to make the space neutral to appeal to a wider variety of buyers.

Gray has been popular for a couple years, and in 2020 it is still popular but much lighter than before. Grey is a great color to use when a house is on the market, it creates a warm and sophisticated feel. With the trend being going towards lighter colors we are seeing white and light creams becoming popular.

Here are the top 5 colors to use when putting your house on the market:
Pale Oak: This color from Benjamin Moore is becoming a favorite color among sellers and home owners alike. It has enough warmth in the gray family to keep it from looking cold and sterile. This color is versatile and depending on the room and lighting it can take on different aspects. It really coordinates well with almost all color…

READY, SET, DOWNSIZE!

By Deborah Goode, CID
There can be many different reasons for downsizing – but moving is probably the most common. Well, I’m not moving, but the older I get the more I get annoyed at all the stuff I’ve accumulated over the years. Does this sound familiar to you? 
In the past, I would move to a different home every four years. And every time I moved, I would sort through my stuff, donating lots of bags to the Salvation Army, Purple Heart and Goodwill. As you can tell, my love of shopping for clothes, shoes and decorative items has always gotten me in trouble.
However, now that I’ve been living in the same house for the past five years, my “stuff” has been multiplying exponentially. Not only is the crawl space under the house filled up completely, but we now have a garage that has no more extra room – especially for a car. And it's migrating to my two spare bedrooms and the closets are bulging at the seams. I'm really tired of the piles which seem to grow on a weekly basis. And eve…

A Relaxing Bedroom Color

Your bedroom should be calm, it should be a place of rest and relaxation. But all too often it becomes a place to catch up on work on and watch TV. While bad habits are hard to change you can still make your bedroom the oasis it ought to be using one simple trick-- paint it blue.


The color blue soothes the mind and promotes physical relaxation. It is a color that represents peace and tranquility, and it promotes calmness. It has been shown to slow the metabolism, suppress appetite and even to help reduce blood pressure and heart rate.
Blue is one of the most popular colors as demonstrated by the color trends for this year. Three top companies have chosen a shade of dark blue as their color of the year for 2020. Even the darker shades can make a room feel bigger and more spacious. But if you are not ready to paint the whole room in your favorite blue hue, try it on an accent wall or incorporate it into your décor choices.
Here are some great shades of blue to use in your bedroom:
Pantone’s…