Studies
show that staging can increase a home's value while
typically reducing the time it spends on the market
by half. Instead of cutting into sellers'
profits, dollars spent on staging can actually
multiply themselves. According to a 9/25/06
personal finance article on MSNBC.com, Pat Vredevoogd
Coombs, president-elect of the National Association
of Realtors and a Grand Rapids Michigan Realtor,
prefers that her listings be staged. "Sellers
are too used to their homes," she reports, "They
just cannot see them through the eyes of a buyer." She
has personally used stagers to sell her own homes.
Barbara Schwartz invented home staging
in 1972. She has staged over 5,000 homes
and reports, "I've never seen sellers not recoup
their investment."
The Wall Street Journal on April
30, 2003, reported that "staging speeds up sales
in a sluggish market and can bump up prices from
two percent to ten percent in a moderate market..."
A 2003 HomeGain survey of realtors
found that staging literally pays for itself; moderately-priced
home improvements ranging from $80 - $2,800 made
in preparation of the sale yielded the highest
returns when a house is sold. Staging homes
is a small investment with a potentially huge return!
"Cash-strapped" buyers want, and
will pay a premium for houses in "move-in" condition. Most
will put just about everything they have into the
purchase of their house. They have little
left to spend on fix-ups. |