Average days on market for Staged homes 33 days
Average days on market for non-Staged homes 196 days
Staging is an investment in equity protection
Allowances do not work. It is a buyer's market
Buyer's perceive costs of updates to be 3-5 times greater than the actual cost to home sellers
Example: $2000 to replace carpeting in an 2000 sq. ft. home
Buyers expectation of cost reflected in reduced level of offers
Return on Investment:
Protect your equity by putting a competitive, well priced, aesthetically pleasing product. What does that mean?
The amenities of a house must meet the expectations of the buyer pool
In any given price point, there are certain expected amenities.
Here are two examples:
Everything you choose NOT to do will cost you money either in your asking price or significant increase in time on market, usually resulting in price reductions, additional months of mortgage payments, HOA fees, and utility costs
Over 90% of buyers cannot see beyond what they see. That includes paint color.