Staging Your Home for Resale

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In the past several years the real estate market has staged a considerable rebound. Interest rates are still at all time lows so now is a great time to sell your home. If you’re considering selling your home you’re going to want to make sure you get the best price for your home. That means the home is priced so that it is on the market for as short a time as possible without losing money. The longer the home is on the market the more you’ll end up by reducing the asking price. Many home sellers have found that moving out of their homes and staging them is the best way to sell their home quickly but for the best price possible.

What is Home Staging?

Staging a home means you remove all signs of clutter, and furnish your home so it looks like it was featured in a magazine. It’s decorating the home so that it looks neutral. The home is sparsely furnished so that any potential buyer can imagine their furniture in the spaces of the home.

One of the easiest ways to stage a home is to move out of your home while you try to sell it. By removing your family and your clutter you can use fewer pieces that show off the features of the home rather than the furniture.

Is staging your home worth the cost?

Often a buyer will pay a higher asking price for a staged home than they would for an unstaged home. A well-staged home can redirect the eye of the buyer to overlook some features that might otherwise reduce the asking price of the home.  Check out this report conducted by The National Association of Exclusive Buyer Agents. Spending $2000 upfront to stage your home can increase the sale of your home by 6%.

Hiring a Professional Home Stager

If you have an eye for design and a home full of stunning furnishings you probably don’t need to hire a professional. But, if you’re like most of us your home and furnishings probably leave a little to be desired. Don’t take it personally. Hiring a professional is a sound investment and their furnishings don’t have smeared peanut butter on them.

Here is what a home stager will likely do once hired;

Examine – The home stager will walk through your home, examining it from top to bottom in order to create a detailed list of what should be done in order to get the home ready. With this report you and the professional stager can determine the best course of action and establish a budget.

Find the Emotional Highlights – The designer will determine what décor and accent colors would be best used in order to garner an emotional response from families touring your home. This could include removing curtains from windows that have great views, or adding flowers or candles to a room.

Recommend Furniture – The designer will recommend which items of your furniture and household items should stay in the house, and which should be removed before showing. The more of your furniture they use, the less they will charge for bringing in their own. Be prepared to take out most of your belongings, you’ll either need to rent out a storage unit, or hopefully already have a start on moving into your new home.

Recommend any Last Minute Repairs – They will help you determine what should be fixed in your home in order to achieve a higher selling point. They will help to line up contractors, carpenters, painters, cleaners, landscapers, etc.

Bring in Additional Furniture – Once your home has received a thorough cleaning and any last minute repairs, the designer will bring in furniture, art work, curtains, carpets, pillows, and other household goods. They will decorate your home to make it feel like a place where a family can settle down and create their dream home.

 

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