Cervone Deegan + Associates would like to share that according to a recent report released by the National Association of REALTORS® (NAR), almost half of the seller’s agents stated that staging a home had decreased the amount of time on the market for sale. Furthermore, 20% of buyer and seller agents stated that staging a home can increase the offer price by anywhere between 1 and 5%.
"As days on the market have lengthened for home sellers, it is not a surprise to see the return of home staging as a tool to attract potential buyers," said Jessica Lautz, NAR deputy chief economist and vice president of research. "Buyers want to easily envision themselves within a new home and home staging is a way to showcase the property in its best light."
The vast majority of buyer agents also shared the sentiment that a staged home makes it far easier for buyers to visualize the property set up as their own. Living rooms were said to be the most important room to be staged followed by the main bedroom and kitchen in that order. Vacant homes are most in need of these rooms filled and staged with appropriate furniture. For homes that sellers reside in, at times light staging is necessary with eliminating, adding, or rearranging furniture and decorations in order to show off the home’s true potential.
Nowadays with so many real estate shows on television, most buyers are conditioned to expect to see homes for sale staged and looking more move-in ready. This has set the stage for what they expect to see when visiting homes for sale.
Professional real estate agents are trained and have the know-how to assist sellers with what needs to be done to their particular home when it comes time to sell. This typically includes decluttering, doing some necessary updating, cleaning, and staging. While the home may not be arranged as a homeowner typically had it, this valuable prep work can really make a significant difference when putting the home on the market for sale.