Based on a National Association of Realtors® survey of selling price vs. asking price - based on length of time on the market:

  • Homes that sold in the first 4 weeks averaged 1% more than listed price
  • Homes that sold between 4-12 weeks averaged 5% less than listed price
  • Homes that sold between 13-24 weeks averaged 6.4% less than listed price
  • Homes that sold after 24 weeks or longer averaged 10% less than listed price

In a 2004 survey of Realtors, almost two-thirds estimated that a staged home kept in “show to sell” condition sells for a price that is between 10% and 20% higher.

-- showhomes (www.showhomes.com)

“Staging speeds up sales in a sluggish market and can bump up prices 2% to 10% in a moderate market. The biggest advantage occurs with luxury homes or in a market with bidding wars over properties, where effective staging can boost prices by 30% to 50%.”

-- Wall Street Journal 02/30/03

According to the National Association of Realtors, for every dollar sellers put into staging, the seller gets $4.00 back. The average increase over the listing price is 6.32% enough to cover your realtor fees. On a $50,000 house the added value of staging is $32,000.00!

-- Article by Teri Clark, in Homeowner’s Choice Magazine, February 2006

Staging – 251% Average Return on Investment: Buy some flowers, live plants and other decorations to liven up the home. Dispose of old furniture or other large items. Consider renting furniture or hiring a stage consultant.

Source: http://soundmoneytips.com/article/7277

 

©2006 Olive Tree Interiors, LLC.