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Home staging secrets

The essence of home staging is to sell the house as soon as possible, and making sure the price it sells is higher. According to the Real Estate Staging Association, staged homes sell 73% faster with an average 297% return on investment.
We have peeked into the world of home staging and gathered some important secrets to help you stage homes better and make more money for yourself.

  1. Home staging and money:  

Home staging business is loved by the people who do it. The main reason behind this is that there is a huge return on investment involved with this business and real estate agents all over the United States are benefiting with this idea. You will have to consider improving each aspect of the house before selling it. From floor improvements to landscaping, you need to look into what would yield most profit as this business is all about return on investment.

  1. First 40 days:

It is a mistake to make the home you stage available for selling and lagging behind on improvements. It is said that the best offer you will receive for the house will be within the first 40 days of the listing. So, it will be prudent if you make all the desired changes and put the house for sale as soon as possible. After doing that, you need to agree one of the offers made to you within the first 40 days of listing the property. A buyer will never want to invest their time on the wallpapers you left untouched because you still have to look into improving the bed rooms. Hence, making changes first is important.

  1. Buyers don’t want their own style:

It has been observed that many buyers are looking for a like-able house. They mostly consider a thing or two before buying and the style of this house is usually ignored. Many home staging beginners make this mistake of not changing the house because they don’t want their buyer to dislike it. They eventually end up losing the deal because the buyer needs all the improvements done and would prefer to compromise than to take time and fix up everything again according to their own style.

  1. Making upgrades is crucial:

When it comes to making improvements vs. not making improvements and letting the house go on the listing market, the former is considered to be the best way to go about in the home staging business. If the buyer sees a 30 year old wall paper he/she will start deducting it from the price.   It is observed that the sellers are often concerned that the upgrades won’t be worth it financially. But this is not the case, according to the experts. Kitchen and bathroom upgrades are the ones which get you most return, so go for upgrading them first and be sure of a return.

  1. Perceived space in home staging: 

The art of home staging also lies in managing the perceived space to an optimum level. It needs to be one’s goal to squeeze every inch of perceived space out of the house. This space is not added to the square footage of the home, yet it is the extra room that allows buyers to make future modifications according to their will. More flexibility is valued greatly by the buyer.

  1. Your target market: 

Capturing a large market is helpful when it comes to home staging. If you have a target market of Millennials then you need to stage your house according to the needs to this generation. You need to have a minimalistic approach and think about the effects of your up gradations on environment.

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