Florida Real Estate News - Florida Homes for Sale
Quality local news and information from professional Florida real estate agents who get it. This local real estate news, information and listings area for Florida is for sale. Local real estate news, information and listings authored by you and edited by RISMedia.To Stage Or Not To Stage…That is The Question!
Should I stage my home when selling?
Gitta Urbainczyk, P.A.The unequivocal answer for staging is YES. No matter how much the home is selling for, the staging of your home will generate 6.9% more in price! Plus, your home will sell 50% faster according to the International Association of Home Staging Professionals.
Believing in the old adage “you never get a second chance to make a good first impression,” home staging guarantees a high quality look that allows every home to make an outstanding first impression.Home staging is a simple way of getting your home sold in today’s market. In fact, it may even help you sell faster and at a higher price! Your home does not have to be a million dollar home to qualify for staging; in fact, any priced home qualifies. Less expensive homes may need it even more, because the more expensive homes are more likely to have designers and exterior landscapers to keep the home looking at its best. There are 2 different staging processes:
- A home which is vacant and has no furniture
- A home which is occupied or vacant and has furniture
The basic mantra of professional home stagers: “Clutter Eats Equity”
Equity is important for both expensive homes and less expensive homes. Therefore the staging process is important for both. Of course, homes which are vacant take a larger budget to stage. There are ongoing costs because of the rental of the furniture, plants and more. Not all rooms in vacant homes have to be staged, although it is a great idea. You should at least stage the kitchen, master bedroom, master bath, living area and dining rooms. Take it from the builders of model homes. Model homes sell faster and at a higher price. Staging begins at the outside of the home, in the form of landscaping, and carries throughout the whole home. Professional stagers are trained to see the home as the end buyer would see it. They will de-accessorize your homes when occupied, and re-accessorize it with your own furniture and use plants and other items to make your home look the best it can be. Professional home stagers work by the “Three C’s”:
- Clean
- Clutter free
- Colors on wall neutral
Well, you may think your home is clean and clutter free but when the professional home stager is finished with your home, it will have a totally different look with your own furniture. Home staging for an occupied 2,500 square foot home begins at around $1,000 and can go up from there. But, if you are selling a $300,000 home at 5.9% at more money, that is $20,000 and at 50% less time. You’ve cut your sales time from 90 days to 45 days. At a $ 3,000 monthly payment, that is another $4,500! You can see how home staging makes a whole lot of dollar sense.
While the staged home may not get you more buyers at first, it can be effective. In today’s market, especially where the first impression might be the last impression, being able to sell your home at all may hinge on whether your home is a staged home or not. Yes, there is an advance investment when selling a staged home, but the money is well spent and the returns are there, without question! If you’re interested in getting your home staged and sold, please call me at 407-330-2181. We’ll get it sold!
If you want to do it yourself, here are some tips,
- Remove all the “tchotkies”, personal items from the wall and counters. Buyers are there to look at your home and not your personal pictures, magnets, souvenirs, trophies etc.
- Get 50% of your furniture removed.
- Cleanup up your garage and remove the clutter.
- Make your yard look immaculate.
- Paint all the walls neutral.
If this does not help call your professional home stager or Gitta for direction.
The housing market continues to be in troubled waters. We will be seeing very rough times ahead, according to all major national news reports on the subject of the future of the real estate market. Two of the major hedge funds from Bear Stearns went belly up, and many others who were secured by mortgage-backed securities are on the brink of more problems. Due to the stock market going into new territory, the Feds are tightening the credit rules and talking about interest rate increases to stem inflation. The inventory of unsold homes is continuing to swell and builders are discounting to stay afloat. Foreclosures are hitting new heights with Miami and Orlando topping the list followed by cities in California.
The best thing sellers can do these days is to make sure your home is the best priced home in the neighborhood. Plus, make use of the staging tips to have the best first impression.
Thank you and have a great weekend!
Gitta
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