You’ve probably heard the phrase countless times, and in the case of trying to sell your home, it’s definitely the truth. From major repairs to minute cosmetic touchups, all of it matters when attempting to entice buyers. Once all of the heavy prep work is accomplished,
what’s the one thing that makes a bigger difference than almost any of it? It may be hard to believe, but staging a house can make the difference between it sitting on the market for months or selling within weeks. Research shows that homes that are staged are on the market for 72% less time than homes that aren’t.
You may be asking yourself, if this one touch makes such a huge difference when selling a home, there must be a catch. That’s true – there is a bit of a catch. Staging a house is not cheap. The best results come from having this job done professionally, and that can cost anywhere from $100-150 per hour. In fact, experts estimate that one to one and a half percent of a home’s listing price should be allocated to staging. For example, if your home is on the market for $100,000, you should be putting about $1000-1500 into staging.
When deciding how to sell your home, you need to add up all of the associated costs such as staging a house, paying the agent’s commission, paying any part of the closing costs that are negotiated as part of the deal, along with carrying costs.