Selling your home can be a stressful experience. Although leaving your home the way it is seems like the easy route, it may be the reason why your home is not selling.
Staging and it’s Effect on Sales
Sellers often have mixed feelings when it comes to staging their home. On one hand, they want the best price for their home. On the other hand, it can be hard to accept that changes must be made to present the home at its best.
Staging begins by having any personal items, heirlooms, and dated furniture removed that does not compliment the home. The home can then be filled and accented with stylish yet generic staging that is specific to the area and the clients who will be viewing the property. When potential buyers walk into a staged home, they are given the opportunity to envision themselves living there. They are seeing what the home could look like in the future instead of the past.
The National Association of Realtors estimates that for every $100 spent on staging a home, a seller can potentially recoup $400. In this same study, about 25% of agents representing buyers last month said staging increased offers by up to 5%. According to seller’s agents, the most important rooms to stage are kitchens, master bedrooms, and living rooms.
Compass Concierge
Started in 2019, Compass Concierge is a suite of services designed to prepare your home for the market and, in turn, increase its market value.
This program covers the upfront costs associated with home-selling improvements with no interest or fees. Compass will then collect the costs of these services at the time of the property’s closing. House preparation services include staging, painting, deep cleaning, landscaping, and decluttering.
DIY Staging
Although professional staging is best for the overall value of your home, simple DIY staging can benefit your home before listing it to the market. Here are a few tips:
- Remove most furniture, but keep the best pieces and arrange them to make space.
- Hang new towels, buy a new floor mat, and put new soap bars in dishes.
- Add fresh flowers in vases throughout the house.
- Pull back curtains, raise shades and open blinds to allow natural light.
- Cover beds with bedspreads.
- Take half the clothes out of closets to make them feel bigger.
- Put away personal photos and knickknacks.
Read the full Washington Post article here.
If you’re looking to sell your home and use our full-service Compass Concierge service, contact our team!
310.230.5771 | russellandtony@compass.com