We love a good home staging! A clean space removed of personal effects and appointed with gorgeous furnishings expertly placed throughout a welcoming space can truly mean the difference between a fast and lucrative sale or a lingering pain in a seller’s side.
And new data out from the National Association of Realtors has the numbers to back it up!
Some 48 percent of seller’s agents reported that staging a home decreased its time on market. For both buyers’ and sellers’ agents, 20 percent said home staging increased the offer price by between 1-5 percent compared to similar homes on the market not staged.
“As days on market has lengthened for home sellers, it is not a surprise to see the return of home staging as a tool to attract potential buyers,” said Jessica Lautz, NAR deputy chief economist and vice president of research. “Buyers want to easily envision themselves within a new home and home staging is a way to showcase the property in its best light.”
Almost a quarter of sellers’ agents said they staged all sellers’ homes prior to listing them for sale, while 10 percent noted they only staged homes that were difficult to sell.
NAR’s 2023 Profile of Home Staging also reveals that four out of five buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home. Staging the living room was found to be most important for buyers, followed by the primary bedroom and the kitchen.
If you’re looking to sell or thinking about listing your property and need some staging wisdom, check out the experts at Harlow Interiors, a SoCal-local, full service real estate design and marketing firm and see how they can transform your space into your buyer’s dream home.