Staged property sells in 24 hours for almost 7% over asking price

by Debra GouldView comments
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Home staging, real estate merchandising, property styling— no matter what you call it, decorating a home to sell fast for top dollar works. A townhouse that went on the market for $333,000 sold within 24 hours for $355,000, or 6.6% over the asking price.

But was it the careful real estate merchandising by Staging Diva Graduate Hayley Harris of Essential Key Home Staging & Property Styling that made the difference?

Consider this: A townhouse two doors away with the same size and layout has been sitting on the market for some time. Originally listed at $335,000 it has been reduced to $300,000 and still hasn’t sold!

Dining room before staging dining room after staging
A cluttered playroom where the dining room is supposed to be, does nothing to attract buyers. Home stager Hayley Harris transformed it into an inviting space. Home buyers don’t want to use their imagination to see if a home will work for them. And many can’t do it even if they try. Real estate stagers pave the way for buyers to fall in love with a home and imagine themselves living there.

Why would a prospective buyer pay $355,000 when a virtually identical home is available two doors away for only $300,000?

Because people shop with logic and buy on emotion.

If a property is well presented it will attract more interest than one that isn’t. Sadly this fact is lost on many home sellers who keep dropping their asking price without paying proper attention to the perceived value and appeal of their home.

The real estate agent might recommend a price cut because it doesn’t cost them that much in lost commissions and they make nothing hanging on to stale listings. But to the homeowner, that’s money right out of their pocket. Far better to invest a modest amount (which could range from $250 to a few thousand depending on what’s needed) to ensure the home attracts the highest number of potential buyers.

Debra Gould The Staging Diva

Debra Gould, The Staging Diva
President, Six Elements Inc. Home Staging

Internationally recognized home staging expert Debra Gould is president of Six Elements and creator of the Staging Diva Home Staging Business Training Program with 750+ Graduates worldwide. She is the author of “Staging Diva Ultimate Color Guide: The Easy Way to Pick Colors for Home Staging Projects”, and “Staging Diva Ultimate Guide: Creating The Perfect Portfolio to Sell Your Home Staging Services”.

Debra also offers a Directory of Home Stagers to help homeowners and real estate agents locate home stagers who will decorate homes to sell quickly and for top dollar.

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{ 2 comments… read them below or add one }

Hayley Harris April 19, 2008 at 8:14 pm

Thanks LeaAnn and thank you Debra for writing such a great article.

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LeaAnn Virnig April 4, 2008 at 8:15 am

Great job Hayley!!!! Way to go helping out that homeowner – what a great testimony. The dining room is fabulous!

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