Ok, so most of this we already knew- Home Staging Sells Homes Faster. This report looks in to how staging influences buyers and how buyers determine value.
Key Findings:
• Among REALTORS® who typically represent the buyer, 49 percent report most
buyers are affected by home staging and 47 percent report some buyers are
affected by home staging.
• For buyers it is easier to visualize the property as a future home (81 percent), buyers
are more willing to walk through a home they viewed online (46 percent), will
positively impact the value of the home if it is decorated to the buyer tastes (45
percent), and buyers are more willing to overlook other property faults (28 percent).
• Among sellers’ agents 34 percent stage all homes, 13 percent stage difficult homes
to sell, and four percent stage only high price bracket homes. Forty-four percent
suggest the seller de-clutter and fix property faults only and do not stage the home.
• The median dollar value to stage a home is $675 for each home.
• Among homes that are staged: 62 percent of sellers’ agents offer the home staging
services to their sellers, 39 percent of sellers pay for the home before the home is
listed, 10 percent of sellers pay after the home is sold, and three percent of agents’
firms pay for the home staging service.
• The most important rooms to be staged for buyers matches identically to the rooms
that are most common to be staged among sellers—in order: living room, kitchen,
master bedroom, dining room, bathroom, children’s bedroom, and guest bedroom.
• Thirty-two percent of buyers’ agents believe staged homes increases the dollar
value buyers are willing to offer by one percent to five percent. Nineteen percent
say there is no impact on the dollar value, and 16 percent believe it increases the
dollar value buyers are willing to offer by six percent to 10 percent.
• Thirty-seven percent of sellers’ agents believe staged homes increases the dollar
value buyers are willing to offer by one percent to five percent. Twenty-two percent
believe it increases the dollar value buyers are willing to offer by six percent to 10
percent, 10 percent say home staging has no impact on dollar value, and eight
percent say home believe staged homes increases the dollar value buyers are willing
to offer by 11 percent to 15 percent.
Click on the Report Title below to view the entire report