Every home seller is aware that in order to sell the place, they must show it in its full glory, furnished and decorated so that it can attract the homebuyers’ attention. For that purpose, the realtors dealing with the selling process usually sign a contract with a staging company that provides the furniture needed for furnishing the place. So, if you are looking to buy a house, or perhaps you are the one selling the house and want to know more about the staging process, read ahead.
Is the House Sold with the Staging Furniture?
The answer is no. The staging furniture is used for promotional purposes only, and it is provided by the staging company. It can be rented or sold to the realtors but the price is not included in the price of the home that is being sold. There are cases when the home buyers want to purchase the furniture as well, but even if it is up for selling, the furniture’s price will be much higher. That is why, for most of the time, the staging furniture is not for sale but to be used as props only.
Is Staging Worth It?
Yes, it is. Research has shown that staging can increase the selling price of the home by more than 6%, and it increases the likelihood that it will be sold quickly. The reason for a fast sale is that the homebuyers will be able to envision their future living in the house and hence, will be able to make a quicker decision.
Moreover, staging helps the estate to show off its good features, and hide its flaws, make the strange spaces into usable and create a mood that is welcoming and inviting.
What is the Price of Staging?
Staging agencies have different rates when it comes to determining the costs of furniture rentals. However, the sum one has to spend on actual staging is pretty much big – it can cost up to several thousand dollars. And regardless of whether the house is sold or not, until the contract expires, the paying for renting will continue every month.
Fortunately, there is another alternative, which is much cheaper. It is called virtual staging. With it, you don’t have to look for home staging furniture for sale, because the rooms will be digitally furnished. This means that you only need a photo of the space of the room and send it to a virtual staging designer who will fill the room up with furniture. You would be amazed to see the result – it is so realistic that you can’t tell the difference between real and fake furniture.
However, this type of staging has one disadvantage – the furniture isn’t there when an actual viewing is arranged. Homebuyers won’t have the opportunity to witness all the greatness they had seen on the photo in real life, which could be a setback to speak honestly.
On the other hand, more than 90% of people looking to buy a home check the Internet listings first and make a list of the places they consider buying based on what they see on the net. So, to get on that list, if you are a home seller, you must make sure that the house is presented the best way possible.
Is There Proof That Staged Homes Are Sold Faster?
We might consider the results of researches done in the field as proof. Namely, the Real Estate Staging Association has done an experiment where the houses that were an average 143 days on the market once they were staged, they sold in under 40 days.