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3 Trends you Need to Know About

1. Home staging works

In the United States, these services have been offered for over 10 years, with exceptional results. TV shows such as Flip this House and The Big Flip have shown how a little pre-planning, creativity and reasonable budget can have a huge impact on the prospective buyers. A well-staged home can expect to sell for as much as 6.3% over the asking price, and in half the amount of time2. With an estimated cost of only 0.5 - 1% of the list price of the property for full home staging services – it is a worthwhile investment and well below what might be offered as a price reduction on a counter offer. In our experience, a staged home can expect multiple offers after only one open house.

2. Great photos on the internet do make a difference

As well as staging your home, professional photography is a must to give you the edge you need when listing on the internet. As of last year, over 84% of your prospective home buyers are using the web for their initial research3. Don’t miss this opportunity to have your home looking its best. At Concept4Walls we offer professional photography as part of our services.

3. Home staging does not require as much time or money as you may think

Benefits are not limited to the speed and ease with which you can sell your home; statistics show that staging pays for itself… and then some.

  • We tailor our services to your budget, time constraints and ultimate goals.
  • The average cost of staging is 0.5 – 1% of the list value of your home;
  • We reuse existing accessories and furniture as often as possible;
  • We recommend minor repairs only when absolutely necessary;
  • A typical home staging can be performed in 1-3 days;
  • Home stager services can be written off as a tax break.

 

2Coldwell Banker Realty tracked 2,772 properties, ranging in price from $229,000 (U.S.) to $4.8 million, in eight major U.S. cities. It found that while the average home was on the market for nearly 31 days, the typical staged home sold in just under 14 days. And while the average home sold for a mere 1.6% over the seller's asking price, the staged homes went for a hefty 6.3% more. See article.

3According to the 2007 NAR Profile of Home Buyers and Sellers, released at the National Association of Realtors® 2007 REALTORS® Conference & Expo, 84% of recent home buyers used the Internet in their search, up from 80 percent in 2006. Most of these buyers – 82% – used a real estate agent to help them complete the purchase. See article.

         

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