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Do You Need to Stage Your Home in a Seller's Market?

Reblogger
Real Estate Broker/Owner with Hamm Homes

If you miss Shar Sitter blog, here it is again.  It is a keeper.

 

Original content by Shar Sitter

I know many people are asking that question and wondering if home staging is needed when inventory is low and homes are selling quickly. The answer may depend a bit but if you don't stage, may you be leaving some money on the table?  Money on the Table

Let's say you list your home 'as is' and you put the asking price a bit lower so you don't have to do much of anything. You get an offer within a few weeks, maybe a few thousand below list but overall the percentage is still really good. Ok great!

But now let's say you bring in a Home Stager, at the very minimum for a Home Staging Consultation, to give you a list of top things to do to get your home in top selling condition. She may suggest some fresh paint, or a couple new light fixtures, some repairs.

Now let's say you are moving to your new home first and you are wondering if you should list the house empty or stage a couple key rooms with furniture. Will that matter?

Sold Sign

 

Let's take a look at an older home I consulted on for a Realtor. I did recommend some paint, a couple new light fixtures, new vinyl flooring in the kitchen and staging it with fresh modern furniture when they moved out. Here is the email I received from her shortly after is was listed:

 

  • Listed as coming soon 5/8
  • Active listing 5/22
  • 38 showings 5/22, 36 showings 5/23, 10 showings 5/24
  • Received 32 offers!
  • Inspection completed, now pending closing June 30

That's 84 showings and 32 offers!!! PLUS it sold for $25,100 over list price! Which was over 10% of the list price. Unbelievable!

 

So yes the market is good. Would the house of sold anyway without staging? Absolutely.  Would the sellers have received 32 offers and sold for $25K over list without staging? We will never know for sure but I don't think so. Don't take a chance of leaving money on the table!

 

 

 

Premier Home Staging and Redesign Firm Serving the Entire Minneapolis and St. Paul, MN Area

   

Rooms With Style

       
 

Shar Sitter

Website: http://roomswithstyle.com/

Portfolio:  Home Staging and Redesign Minneapolis, MN

Email: Shar@roomswithstyle.com

Although each house is unique there is one common goal...using our expertise to get your home sold as quickly as possible.

 

 

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Comments (15)

Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

Excellent re-blog choice.  I say yes yes yes if you are wanting top dollar even in this market.  Hope that you have a wonderful weekend!

Oct 02, 2020 08:40 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Will - this is an excellent selection for re blog.  I would say always put your best presentation forward.

Oct 02, 2020 08:49 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Norma, This blog rings out to all of us.

 

Oct 02, 2020 08:49 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Thanks Grand Schneider for your kind words.

 

Oct 02, 2020 09:02 AM
Shar Sitter
Rooms With Style - Minneapolis, MN
Home Staging and Redesign Minneapolis/ St. Paul, M

Thank you for the re-blog Will!

 

Oct 02, 2020 09:12 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Very relevant blog in today's market, Will Hamm 

Oct 02, 2020 09:18 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Thank you for sharing Shars post with us Will Hamm 

Oct 02, 2020 09:19 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, Will, for sharing this reblog selection.

Oct 02, 2020 10:16 AM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Well chosen post to re-blog.  I agree wholeheartedly, homes should be at their best when they go on the market.

Oct 02, 2020 11:52 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Shar Sitter it was a great blog by you!

 

Oct 02, 2020 03:44 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Thank Raymond Henson for stopping by and seeing this reblog by Shar!

 

Oct 02, 2020 03:44 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Rocky Dickerson,  Shar did a great job on this blog.

 

Oct 02, 2020 03:46 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Roy Kelley, Thanks for stopping by.

 

Oct 02, 2020 03:46 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Paul, Shar did a great job on this blog.

 

Oct 02, 2020 03:47 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great reblog choice Will!  I hope you are staying busy!

Oct 03, 2020 07:11 AM