Stats About Staging Your Home for Fast Selling at High Price
There are lots of reasons you should hire a Sacramento Home Staging Expert before you try to sell your home. Here are some of the 2020 statistics on real estate staging.
Sell Online
NAR reports that 44% of buyers start their home search online and 98% of buyers frequently use the web to search for homes. So agents use home staging to “wow” virtual viewers from the very first picture.
Attract Buyers
Another 25% believe that staging doesn’t increase a property’s sale price, but helps attract buyers to the home and secure an offer. The more buyers you have bidding on your house, the more leverage you have as a seller.
Stimulate Desire
81% of buyers say home staging makes it easier to visualize the property as their future home.
Among REALTORS® who typically represent the buyer, 49% report most buyers are affected by home staging.
Sell Faster
A recent survey found that staged homes spend half the time on the market than non-staged homes.
The National Association of Realtors (NAR) survey found that the longer homes stay on the market, the further their price drops.
Once staged, homes spend an average of 73% less time on the market.
83% of agents say that a staged home will sell faster than an unstaged home.
Over 21% of agents (the largest grouping) said staged homes sell 6% to 10% faster. Note that depending on market conditions, the average home sells in 65 days. So, staging can help sell a home 4 to 7 days faster—it can shave off an entire week of time.
In general, 47% of real estate agents recommend staging both vacant and occupied homes.
Higher Profits
Realtors who work with buyers say most buyers are willing to offer more money for a staged home compared to one that is similar but not staged.
45% of buyers say it will positively impact the value of the home if it is decorated to the buyer’s tastes.
67% of top agents say that home staging helps a seller fetch more money for their house at resale.
Over 50% say that staging increases a home’s value from anywhere between 1%-10%.
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