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Staging Your Home

Thursday, February 8, 2024   /   by Annie Junker

Staging Your Home

Staging Your Home
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The latest news from The Chris Small Group...
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Staging Your Home
 

When selling your home, it's important to have a professional eye and design... here's why:

Using a professional stager when selling your home can be highly beneficial for several reasons. Here are some key points on why professional staging is important and statistics regarding the rate of return when staging a home:

  1. First Impressions: When potential buyers visit your home, the first impression they get is crucial. Professional staging helps create an appealing and inviting atmosphere that showcases the home's best features. It helps buyers visualize themselves living in the space, increasing their emotional connection to the property.

  2. Highlighting the Home's Potential: A professional stager has expertise in highlighting the unique features and potential of your home. They can strategically arrange furniture, use proper lighting, and make effective use of space to showcase the property's best attributes. This can significantly increase the perceived value of the home.

  3. Stand Out from the Competition: In a competitive real estate market, staging can make your home stand out from similar properties. According to the National Association of Realtors (NAR), 53% of real estate agents believe that staging helps decrease the time a home spends on the market.

  4. Maximizing Space: Professional stagers are skilled at arranging furniture and decor to optimize the use of space. They can create an open and spacious feel, even in smaller homes. This can help potential buyers see the true potential of each room and prevent them from feeling cramped or overwhelmed.

  5. Online Presence: In today's digital age, most buyers begin their home search online. Staged homes tend to photograph better and have a more appealing online presence. According to NAR, 44% of buyers begin their search online. Quality listing photos of a professionally staged home can attract more potential buyers and generate greater interest.

Now, let's look at statistics regarding the rate of return when staging a home:

  1. According to the National Association of Realtors (NAR), the majority of buyers' agents believe that staging has an effect on their clients' perception of a home. In the 2021 Profile of Home Staging report, 82% of buyers' agents said staging made it easier for buyers to visualize the property as their future home.

  2. In the same report, 23% of buyers' agents indicated that staging a home increased the dollar value offered by buyers between 1% and 5% compared to similar unstaged homes.

  3. The Real Estate Staging Association (RESA) reported that on average, professionally staged homes spent 73% less time on the market compared to unstaged homes.

  4. According to RESA, the average return on investment (ROI) for home staging is approximately 586%. This means that for every dollar spent on staging, homeowners can potentially receive a return of $5.86.

These statistics demonstrate that professional staging can have a significant impact on a home's perceived value, buyer interest, and selling time. It is an investment that can yield a high return and increase the chances of a successful sale in a competitive real estate market.


Reach out with any questions - I would love to help!  804-350-0879 | chris@smallre.net | chrissmallgroup.com

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It is my responsibility as your REALTOR® to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the market effectively to achieve your goals.

If you would like to know more about the current market, or if you have any general real estate questions, call or text me on my cell phone at 804-350-0879 or you can email me at chris@smallre.net.

If you are looking to begin a home search, visit my website to get started!

NEW TO THE MARKET! 
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Additional resources
 
We are select partners with REALM and Leverage Global Partners. What does this mean for you as our client? If you are looking to relocate or buy a second home in an entirely different city (or on a different continent!), Small and Associates has you covered. As a member of these exclusive networks, we work with other like-minded agents and to put you in touch with the right REALTOR® outside of the Central Virginia area. If you or someone you know has been considering a unique move, let us be your guide.
 
To learn more, click the links below:
 
In addition to being a partner to two exclusive global networks, I am a proud member of the Institute for Luxury Home Marketing and am a Certified Luxury Home Marketing Specialist. This means that I will market your property to the highest standards with access to the latest trends in the industry. I am the only Real Estate professional in the Central Virginia area with this designation!
Are you interested in buying a second home but, aren't ready to fully commit to another property? As a part of our partnership with REALM, we can direct you to properties all over the world with Pacaso. Pacaso is Luxury Co-Ownership where you have the ability to  own a second house for 1/8 of the cost. Click here to learn more and to start shopping!
Are you looking for your own slice of "La Dolce Vita"? Small and Associates has the connections to make it happen. We have personal contacts with firms in Italy and would be happy to help with your home search and make an introduction!
Client Testimonial: Click the link below to hear from Sarah Merriman, a client of Chris Small. Thank you for your kind words Sarah! It's always been an honor to help you with your Real Estate goals.
Client Testimonial from Sarah Merriman
The Chris Small Group at Small and Associates
At The Chris Small Group, we embrace today's dynamic Real Estate market with fresh and strategic approaches to deliver optimal results. Our mission is to craft customized marketing plans that align precisely with the current market landscape. We commit to delivering exceptional outcomes that resonate with trends and buyer preferences. With our unmatched understanding of market dynamics, we ensure our clients' homes stand out and captivate potential buyers. Trust our expertise to maximize your property's exposure and generate genuine interest. Choose The Chris Small Group and experience the transformative power of our innovative and market-savvy approach in today's evolving real estate landscape.
A Story of a Sale: 3301 West Franklin Street
Chris Small, Broker | Owner
Luxury Real Estate Specialist

804-350-0879 | chris@smallre.net
chris.findahomerichmond.com
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3103 Ellwood Ave.
Richmond, VA 23221
804-353-1250

Listings Last Updated: June 24, 2024 Feed Last Updated: June 24, 2024

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