Professionally preparing a home before selling it can maximize the selling potential and gain significantly higher prices; this is called staging. Staging is the process of investing in you largest asset to gain maximum profits. Staging is becoming increasingly popular among home owners and by investing an average of $20,000 they are seeing selling prices often over $100,000 more than the asking price.
The U.S. National Association of Realtors estimates that a staged home will sell up to 50 percent quicker and for an average of 10 percent more than non-staged homes. So how does one go about staging a home, what suggestions are there for the do-it-yourself home stager? What can be done on your own and when do you need to hire a professional?
There are a number of things the seller can do to get their home ready to sell and among the top most tips is cleaning. The best selling homes will be clean, free of clutter and are not personalized. Minor repairs should be made prior to putting the home on the market and fresh paint with neutral colors is high on the importance list. Additionally it is suggested by the professional stagers to reduce the amount of furnishing in the home; it is no secret that most people have too much stuff.
Take a look at all of the furnishings in the home and take away much of it. Leave the items that add to the room and do not distract from the natural ambiance of the room itself. Assess the entire home and all of the rooms, perhaps the armoire that is in the over crowded spare bedroom would look great and functionally add to the foyer. Just because you have always had a piece of furniture in one room does not mean it wouldn't work great somewhere else.
An often neglected but very important area is the lighting aspect of the home. If the home has great natural light in the morning, this would be the best time to show the house. If on the other hand the house has poor natural lighting you would do better to avoid showing the home during the day at all and instead invest in beautiful and soft lighting that will give the home a warm feel.
The first impression is the most important and will carry through to the entire showing. The first impression happens as the potential buyer pulls up to the house. The landscaping and curb view of the home offers the first impression. For a good first impression the exterior of the house should reflect the clean, un-cluttered and neutral feel of the interior of the home. With a little effort and investment you can turn a slow sale that minimally clears your asking price into a fast sell far over the asking price.
Manufactured Home For Sale
1. Staged Homes Sell in Less Time
Surveys on the effects of home staging range from stating that home sell for 30 percent faster to the Christian Science Monitor's statistic that staged homes sell twice as fast. Last year, during the hot seller's market, The National Association of Realtors found that staged homes sold in 13.9 days as opposed to 31 for non-staged homes. Imagine what the effect will be during a buyer's market.
2. Staged Homes Sell for More Money
Homes that sit on the market usually get lower offers because home shoppers think that there's something wrong with the house and that the desperate home seller is an easy mark for a low offer. Research proves that staged homes sell for more. The NAR statistics indicated that staged homes sold for an average of 6.9 to 10% over listing price.
3. Staged Exteriors Entice Viewing
When homes shoppers first pull up in front of a home for sale, they make up their minds in SECONDS whether to get out of their comfortable vehicle or drive on. A manicured front yard with staging additions like flowers in colorful pots near the front door and a bench to sit makes buyers want to see what's inside. Entice your buyers to come in, not drive on.
4. Staged Entryways Affect Buyer's Decision
Once they cross the threshold, home buyers know within 15 seconds whether they like the home or not. You must captivate your buyers right away with a setting staged for your target buyer. Entice your buyers to take a good look, not hurry through.
5. Staged Living Rooms Make Buyers Feel at Home
Beyond the usual deep cleaning and decluttering, staging your living room with suggestions of activities gives buyers ideas like how it will feel to entertain in the space. Spur imagination with props like a cocktail tray set out. Entice your buyers to move in, not move on to the next home.
6. Staged Kitchens Sell Houses
Because the kitchen ranks paramount in home shoppers list of requirements, spend extra time staging the space. Remove all appliances on the counter and dress the space with flowers and bowls of fruit. Buyers pay a premium for kitchens that are ready to move in and not ready to work on.
7. Staged Homes Tell Buyers that Your Home Is Loved
Buyers desire a well-maintained home. Homes that show well speak to the buyers that you care enough to keep on routine maintenance.
8. Staged Homes Attract Agents
It's a fact that real estate agents love staged homes, too. Get agents to keep your home on the top of their "must show" list. Agents show staged homes even when they fall short or exceed the buyers wish list because savvy agents know buyers choose homes based on their emotions and not their "must have" lists.
9. Staged Homes Get More Advertising
Your agent and even other agents will want to show your home and they will advertise it more than an ordinary home just to get the phone ringing. Benefit from all the extra exposure at no extra cost to you.
9. Staged Homes Appraise for Top Dollar
Once you sell your home, you need the appraisal to come in high enough to cover your buyer's mortgage. Make sure you keep your home staged for the all important date--Appraisal Day. Too many home sales fall through just because the appraised value didn't meet the sales price.
10. Staged Homes Keep Buyers on Track
When you create a buyers' "Dream Home," they can't wait to move in. Use staging magic to avoid "buyer's remorse." Motivated buyers make sure they get all their paperwork in on time and won't jeopardize their purchase.
11. Staged Homes Help Home Sellers Move
Besides selling your home, the act of staging helps you get rid of clutter, pare down your furnishings to the best--those worth moving, and gets you organized to move on to your next home, hopefully your "dream home!"
Both Jennifer Stromsteen & Jeanette Joy Fisher are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Jennifer Stromsteen has sinced written about articles on various topics from Real Estate, Brain and Anger Control. J Stromsteen has many years expertise in the finance, real estate, and insurance industry. She contributes to various websites such as where. Jennifer Stromsteen's top article generates over 74000 views. to your Favourites.
Jeanette Joy Fisher has sinced written about articles on various topics from Real Estate, Network Marketing and Real Estate. Copyright 2006 Jeanette J. Fisher, "America's 'Dream Home' Maker," teaches how to create homes for glorious living and top-dollar home sales with the in. Jeanette Joy Fisher's top article generates over 135000 views. to your Favourites.
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