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

January is the Time to Buy Bed Linens

Did you know that the average person spends about a third of their life in bed? Since most of us spend between 6 to 8 hours (and for the lucky ones, 8-10 hours) in bed, it’s important to choose the right bed sheets for your bed. And – it’s an added bonus if the sheets enhance the overall décor of your bedroom as well. Since January is the best time of year to shop for new bed linens, here are a few tips to be aware of before you start sheet-shopping: Size: Before you go out and buy new sheets, I’d like to suggest that you measure your bed (including the width of the side of your mattress). In the past, sheet sizes such as “twin,” “full,” “queen” and king” were reliable and would fit all beds according to size. But recently, many mattress manufacturers have added extra comfort features, such as pillow top mattresses which are deeper than older mattresses. There are so many different size mattresses now that it is important to know before you venture out on your quest for new...

How to Mix Metals in Decorating

One of the coolest design trends to emerge in 2016 was Mixed Metals. It has long been regarded that if you had silver in your space then you shouldn’t use gold or it would look out of place. Many people think that by matching the finishes is the best way to coordinate your home or kitchen, but in reality this often creates a monochromatic and less interesting space. Mixing metals is the perfect way to add visual interest and depth to your space. The trick is to create a look that is cohesive and not mismatched.  Here are some tips to Mixing Metals in your space: Choose a Dominate Metal - Its important to choose one metal that you like to act as the dominate metal and then 1  or 2 other metal to mix in. This metal color theme should be cohesive throughout your home. Having a prominent metal will help unify your space and the accent metals will help add visual interest and draw your eye around the room. When choosing your dominate metal consider your design styl...

Spring Trends

All the nice weather is making me think of Spring. In the following article Leslie Hendrix Wood of Hadley Court ( www.hadleycourt.com ) shares this year’s Spring Trends. Makeover your Home with Spring 2017 Trends I have to be honest – I have a bad case of spring fever. If you are like me, you are ready to add a little color to your life and embrace the outdoors. After all the inspiration from Paris Design Week, here are 5 emerging trends we are seeing that will update and freshen any décor. Green: Photo courtesy of Elle Decor I’m always an advocate for fresh…fresh flowers, fresh veggies….fresh scents. This time, it’s literal. Earlier this year, Pantone came out with its color of the year: Greenery, the cousin of chartreuse. The rich and savory color sets a mood that’s inviting and soothing. I know for many it can be daring to go so bold. Try an accent wall and balancing it with more subtle hues in furniture (dark woods, greys). Still unsure? Green accessories such as gl...