Fall in the Pacific Northwest is one of the most beautiful times of year and the market is cooking! It seems like we hardly finish staging before we get a call from the Realtor that the home is pending! I just checked our statistics and over 90% of our staged homes are pending within 7 days! We just helped a client who had a condo that had been on the market for over 90 days. The Realtor decided to pull it off the market for two weeks to take care of some minor repairs and during that time we staged the condo. The good news is that once staged with new photos, the condo was pending in 5 days.
In a buyer’s market, staging makes the difference between a home that sells in 30 days or less and a home that languishes on the market. In a seller’s market, staging is the key to getting over the asking price and launching bidding wars. Staging is packaging, and according to the latest research on HomeGain.com there’s a 196% return on the investment staging. I wish the stock market did that!