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Do you think a staged home sells faster?

Profile picture for Gary L White
Real Estate Agent

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Recent studies show that stages homes sell on average for 5 to 8% more and in less time. What do you think about stagng?  Would you use a staging specialist if you knew it would benefit you?
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January 02 - Grand Rapids
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Profile picture for Gary L White
Real Estate Agent

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Hi NTETS:

As "Recent" 2008 increasing a price normally prices a home out of the market...so that won't work in our market.  Waiting for nibbles means you don't have a seller...you have a "sell if I get my price"!

Studies have shown over and over...google staging and you will find your answers.

Thanks...an no I won't fire for smoking but...they have to go outside.  People have choices!
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February 13
It has been my experience that they do and I have had listings sit on the market for 30 days with no action, then have pulled it off for a couple of days to be staged and we had an offer within a week.

That tells me it works. It's not needed on all homes but it definitely helps on vacant houses and getting them gone faster.
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February 13
Profile picture for Caveat Emptor
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"recent" as in 2006 when you got to tack it on to the sale price and got a offer above asking anyway? or "recent" as in 2009 where people dont even look at the home, they just offer listing -20% and wait for nibbles?

were these studies conducted in CA? FL? AZ? NV? my point of course is that "studies have shown a correlation between smoking and being a bad employee" so would you fire all of the agents from your office who smoked if you were the broker?

that said, i am not saying i disagree 100%, if you stage it right you can appeal to emotional centers of the brain that strait lines and natural lighting just cant access all by itself.
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February 13
Profile picture for Maureen Francis _MI_
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Maureen Francis _MI_

Birmingham, MI

Real Estate Agent

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We like to have our listings staged if we think it will help.  Have even staged vacant REO listings. 

I don't know that it adds 8%, but that would be great if it did!

I have a stager who we work with regularly and she saves me on all kinds of things.
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February 13
Profile picture for Resasaurus
We sold a house in a flat market in an "improving" part of town for much more than we paid for it, in under a month.  Part of our success was definitely due to careful staging.  Beware the folks that insist that you have to paint every surface white or beige, though.  If the walls are clean, fresh and not some quirky shade like lime green, you'll probably be fine.
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January 02
Profile picture for CulverCityRealtor
Real Estate Agent
Contributions: 206
Yes, I most certainly do.
 If you can afford to hire a home staging expert, they will be able to present your home in the best possible light. Your home is likely to sell faster and for more money staged.
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January 02
Profile picture for sunnyview
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Yes I might consider hiring a professional, especially in a tight market. I think tasteful staging is great along with a deep cleaning to help sell almost any house faster. I think many folks can do it themselves, but if the staging fee is reasonable hiring a professional can also benefit sellers who do not have the time or energy to do it. A nice looking clean house will sell faster even if it doesn't sell for more in the end.
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January 02
Proper "staging" absolutely helps a home sell faster and for more money. New home builders spend tens of thousands of dollars making sure a home appeals to the emotions of a buyer. Space is maximized, the home isn't cluttered, the furniture fits the room, the colors are generally neutral, etc.  Buyers absolutely buy their homes with emotion, and staging helps a home by making a home more comfortable during  showings and showing off a homes best qualities. 
Having said that, staging doesn't have to cost a lot of money. The basics would be to neutralize the colors, de-personalize, de-clutter, and do a great job cleaning your home. Treat your home like a car you're about to trade in! 
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January 02
Profile picture for PMSoldier
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I don't know about staging, but I think a good cleaning, specially the homes that are REO's aid in sales.
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January 02
Profile picture for doobie57z
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no
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January 02
 

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