Preparing your home for market can be stressful, as there are a lot of different components to think about. Before listing your home, the obvious first step is finding a realtor to take you through the process; the next step to consider is hiring a home staging company. While your home interiors may look good to you, it’s necessary to take a step back and consider that your aesthetic may not appeal to potential buyers coming to view your property. While the cost of hiring a staging company or specialist may be a deterrent, in the long run you may end up getting a lower selling price than you hoped for or facing more expenses than you anticipated by deciding not to work with a staging company.
According to The Mortgage Reports, staged homes sell 73 percent faster. And a 2019 survey by the National Association of Realtors found 83 percent of buyers’ agents say staging makes it easier for buyers to visualize a property as their future home.
If you are still on the fence, here are four more reasons to consider hiring a staging company to sell your property:
You need a quick sale: You found your dream home and you have placed an offer on it, but it’s a contingent offer i.e. based on the sale of your home. Real estate is a fast business and the market is hot in Arizona right now. If you can’t get your home sold fast, chances are you’ll lose out on the home you want to buy to another bidder. A staging company has the know-how and experience to get your home in tip-top shape and market ready so that it sells quickly.
You’re struggling to showcase the potential of your home: It’s been reported that 90 percent of homebuyers fail to see the potential of a home. Home staging professionals have a trained eye to get your home into the condition that allows the prospective buyer to see the advantages of living in your home.
You don’t have time: Getting your home market ready can be a big task. It takes time and energy. A home staging company helps take the pressure off so you can focus on all the other important stuff you have going on in your professional and personal life.
You’re making an investment: The average cost of staging a home constitutes less than one percent of a home’s asking price, but it can generate anywhere between 8-10 percent in returns.
If your home has been sitting on the market for quite some time, it may make sense for you to consult with a home staging company. The longer a property sits on the market, the lower its listing price drops; leading us back to our initial argument of why not hiring a staging professional from the get-go could end up costing you more in the long run.
Selling and buying a home is a very personal experience and working with the right industry professionals is paramount. At Landmark Title, we know that every transaction is unique. We have the ability to see the roadblocks due to a combined experience of more than 40 years. Moreover, our expertise provides our clients with insight, knowledge and a personalized approach to overcome any obstacles that may arise. Contact our residential real estate escrow team today to learn more about our services.