Staging is the very best proven way to get top dollar for your home as you prepare it for sale. Homes that are professionally Staged sell faster and for more money! This is because Staging sets the scene throughout the house to create immediate buyer interest in your property. This will then lead to your home selling for the highest possible price in today's market. Remember, "The way you live in your home, and the way you market and sell your house are two different things."
This following FAQ was reprinted from the 07/01/2007 edition of Realtor Magazine.
1. What’s the value of staging?
A well-staged room invites buyers in and helps them see past the sellers’ possessions to the layout and square footage. Staging also helps draw buyers’ eyes to the best feature of the room, such as French doors or a fireplace.
Staged homes sell faster and for more money, says professional stager Kala Callahan of Addressed to Sell in Wilmette, Ill. A 2003 HomeGain survey of 2,000 practitioners found that staging could increase the sales price by $2,275 to $2,841; cleaning and decluttering could add $2,093 to $2,378 to the final price. And a 2004–2005 survey of home owners by training company StagedHomes.com found that staged homes sold for 6.9 percent more than homes that were not staged.
2. What does it cost to stage a house?
Staging an average-sized home can be accomplished for about $500 to $1,000 or more, depending on the extent of the work (painting, carpeting, accessories, labor) involved, say staging pros and practitioners...Furniture rental could add more to the bottom line.
3. How do you approach a room you want to stage?
Stagers aim to clear clutter, arrange furniture to draws buyers into the room, and highlight the room’s best features.
Salesperson Bobbi Williams, of Keller Williams Lincoln Park Realty in Chicago, first draws a diagram of the room. Dede Banks of Renaissance Realty Partners in Lake Forest, Ill., also sketches out floor plans but first takes photos, which she uses to highlight problem areas for sellers. “I can show the photos and say, ‘I can’t see your front door from three different directions because of the pine trees. They need to be pruned.”
Mark Jak of Coldwell Banker Residential Brokerage in Chicago looks to create a general theme throughout the home in color and style. “The house should look neutral, clean, and fresh to appeal to the lion’s share of buyers, similar to what you see in a Pottery Barn catalog,” he says.
4. What tools do you need to stage a home?
A well-staged room invites buyers in and helps them see past the sellers’ possessions to the layout and square footage. Addressed to Sell’s Kala Callahan owns an inventory of furnishings that she deploys to vacant homes. Lori Matzke of Center Stage Home prefers to find hidden treasures home owners already have on hand, because that’s a lot less expensive for them. She typically brings throw pillows and greenery.
5. Should an entire house be staged?
Two stagers, two perspectives: Callahan prefers to do a whole house “because people are buying the whole house.” Matzke focuses on key areas: the entryway (and any room visible from it), the main living area, the kitchen, the master bedroom, and any bonus areas, such as a den or deck. “It’s that first impression that’s going to pull buyers in or turn them off,” she says.
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Professional staging assistance is offered to all Cornerstone Property Group clients. Call us for more information!
