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Should we keep the furniture in our home until it sells?

In a conversation with a Montgomery County, PA home seller, they asked “Should we keep our furniture in the old house until it sells or can we show it empty?”

Having the home staged with furniture can help buyers visualize the space better. The main rooms people want to use to consider a home are the living room, kitchen, dining, family rooms and master bedroom. Be sure not to have too much and leaving some rooms empty is acceptable. So remove all personal items like photos, trophies or collections help to de-clutter.

I am all about facts and statistics, so what are the home staging statistics you might want to know when selling a home?

  • The U.S. Department of Housing & Urban Development reports staged homes sell for 17% more than their counterparts on average
  • The National Association of Realtors puts the ROI on home staging at 8 to 10%, with some sources putting the return on individual items as high as 586%

So according to the data home staging results in selling a home faster, for more money and delivers a high return of any home improvement. This certainly suggests home staging is a savvy move for home sellers selling a home as well as real estate investors flipping houses.

If you do not have the budget to afford a professional home stager, then I have 4 tips for home staging on a budget:

  1. Accessorize – Lamps, curtains, pictures, changing hardware and fixtures can all make a huge difference in home appeal.
  2. Rent – stage with couches, recliners, flat screens and even appliances from as little as a few dollars a week and which can be returned when your home sells.
  3. Do It Yourself – make improvements yourself my watching videos online or taking free classes at a hardware store. Keep costs down by renting or borrowing the tools instead of buying them
  4. Don’t overdo it – Don’t gamble on home renovations for selling a home. It is never a sure thing till you have closed. Consider selling your home for cash as-is instead.

Now let’s talk about the key rooms. Here are a few tips for beginners who want to stage their home to sell:

  • Pack up your personal items. Box up your family photos and other family-specific memorabilia because they’ll distract potential buyers. You want home buyers to envision their personal belongings in the space.
  • Use baskets in the bathroom to make it look airy and open. Put a large wicker basket full of white towels next to the shower, and place a basket of luxurious bath products on the edge of the tub.
  • Put up window treatments that are luxurious fabrics. Make sure the curtains are open to let in as much light as possible when home buyers are viewing your house.
  • Place cookbooks and kitchen utensils on the counters. A big bowl of fresh fruit adds visual appeal. Make sure the cabinets are clean.
  • Purchasing a simple white cover to place over current bedding can make the room genderless and make it look more open and airy.

As home staging evolves virtual home staging is gain popularity. Since 90% of home buyers search for their next dream home online, virtual staging offers a way for home sellers, real estate agents, and real estate investors to make their homes look great online, attract more potential home buyers and increase offers for less and with less hassle.  There are apps out there that allow home sellers to snap images on their mobile devices and virtually stage spaces in seconds on the go.

August 18, 2014 Posted by | Uncategorized | , | Leave a comment