If you’re moving out of your current home before it sells, you have two options. You can leave it bare and empty, or you can stage it. Even if you’re not moving out yet, you have the chance to stage your home to make it more appealing to potential buyers. Is it really worth the time and money, though?
Yes, staging your home does represent at least a modest investment. However, you’ll find that you spend far less money on staging than you would lose through your first price reduction after the home has sat on the market for too long. You’ll also be surprised to learn that there are plenty of ways to effectively stage your home for far less money than you might think.
Empty homes tend to sit on the market, while staged homes sell much, much faster. The longer your home sits on the market without any bites, the lower you’ll have to drop your price to interest potential buyers. If it passes its expiration date, you might actually have to take it off the market entirely. Consumers tend to expect homes that sit on the market without moving for a long time to have significant problems and will look elsewhere before considering your property.
The Right First Impression
Think about it. What makes a better first impression – when you walk into a home and are confronted by cold, bare walls, empty rooms and echoes? Or when you walk into a warm, cozy home that looks lived in, clean and bright? Obviously, you’re going to gravitate toward the second option, and so will prospective buyers. Make the right first impression and you’ve made significant headway toward encouraging someone to purchase the property.
Yes, staging is important. It doesn’t have to be exorbitantly expensive, and it doesn’t have to be time consuming.