In this housing slump, sellers have increasingly been hiring professional stagers to improve the look and feel of their D.C. condo before putting up that "For Sale" sign.  Stagers are design professionals who organize, decorate, and clean a property to make it more inviting to house-hunters.  Don't confuse Accredited Staging Professionals (ASP) with interior designers.  Staging is much faster and less expensive than interior design, though it often has similar results.

When selling a house, the seller controls the price and the look, and the market determines the rest.  Just as a good real estate agent will help sellers determine the best price for their property, so will ASPs determine the best look.  Stagedhomes.com reports that un-staged U.S. properties stay on the market for an average of 161 days.  In contrast, staged homes stay on the market an average of only 33 days!

"Real estate is all about marketing," says Lyric Turner, ASP and owner of Red House Staging and Interiors in D.C.  (http://www.redhousestaging.com/)  Staging shows buyers the potential of a property; many who walk into a vacant or cluttered space just can't see the possibilities.  Staging neutralizes the space, helping potential buyers envision their own future in the space.  These quick makeovers aren't terribly expensive, and Turner and many other ASPs offer free estimates.  If you are hesitant to put more money into a home you are leaving, consider that a survey by HomeGain.com reports that sellers who utilize staging see an average return on investment of 343 percent.  In fact, many real estate agents are such staunch supporters of staging that they include staging in their selling package, and some agents even work the cost into their contract so that owners don't pay until closing.  It's hard to beat that.

 

5 Comments on Staging Your Condo For A Quick Sale

JUN
17
2008

Staging is an important tool in selling homes - and even sometimes in living in them! Neutralizing the space allows for clear thinking without being distracted by too much clutter or personal paraphernalia.

6:06pm • #1
JUN
18
2008

It's a very good point that staging benefits would apply to any type of residential property for sale. I've been hearing more and more Realtors talk about the importance of staging, especially in competitive markets. The free tool that you mentioned offered by HomeGain is called Home Sale Maximizer, www.homesalemaximizer.com.

Jessica
10:54am • #2

Jessica and January - Both of you, thank you for your comments and the link for Home Sale Maximizer.  I have certainly seen the benefits of staging in my own home searches.

Jennifer - Urban Discoveries Blogger

3:43pm • #3
JUL
24
2008

Home staging does not need to be a big expense, instead, I suggest home owners start looking at staging as a tool to help them get a positive return for their investment. There are several different services home stagers offer to help home owners stay within budget and get their place off the marker quicker and for more money. Some staging companies, such as ours, offer free estimates or initial free consultation. Why not use it? The longer a property sits on the market, owners are bound to look at a possible price reduction, or even low ball offers. In Vancouver BC, both home owners and real estate agents are just starting to catch on to the benefit of staging.  Staging is still a new word here, so everyday I get asked to explain what it is. Home owners really do need to know all their options.

Take care all, and good luck in selling homes.

Lindsay Do, co-founder of StagingEtc Inc.

Lindsay Do (www.StagingEtc.com)
10:31am • #4
JUL
25
2008

Lindsay - Thank you for the information on your services.  I am sure that the initial consultation would be beneficial to many if they took advantage of it.

Jennifer - Urban Discoveries Blogger

5:23pm • #5

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