Not sure about hiring a staging professional?
We’ve put together some statistics to help you make an informed decision.

 

Here are some statistics to take into consideration:

 

Buyers spend an average of 6 minutes at a home, but form an opinion in the first 15 seconds

A Coldwell Banker Real Estate Corp. survey found that STAGED homes spent half the time of
un‐staged homes on the market, and sold for more than 6% above asking price!

The US Housing and Urban Development reports that a STAGED house sells for, on average, 17% higher than an un‐staged house.

Staging ROI average is 586% (bankrate.com)

Buyers will stay in a vacant home an average of 5 minutes but will linger in a furnished home an average of 40 minutes.

Studies show that the longer a buyer remains in the home, the more likely they are to make an offer.

According to the National Association of Realtors 2015 Survey:

Over 81% of buyers find it “easier to visualize the property as their future home” when it is staged

a staged home sells 67% faster than a vacant home and on average for 6% more than asking price.

The longer a home stays on the market, the further below list price it drops.

Almost a third (28%) of buyers are more willing to “overlook property faults” when the home is staged.

71% of seller’s agents said that STAGING increases the dollar value.

96% of buyers agents said that staging affects the way buyers view a property.

Over 70% of STAGED homes sell at or above list price.

Study Conducted by Trulia (2012):

Within 78 days, the average seller has discounted their home 8% in price reductions, while hiring a home stager typically costs 1.5% or less.

$200,00 home 8% = $16,000 in reductions

1.5% = $3000 or less for staging

$13,000 saved!

Add to that the added months of carrying costs.

To stage a vacant home usually costs less than 1 mortgage payment, but on average will save more than 3 payments.