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"How often do real estate agents utilize home staging to sell properties?"
Only 28% of listing agents stage a seller's home before listing it on the market, despite its proven effectiveness.
A staggering 81% of buyers' agents said staging a home made it easier for a buyer to visualize the property as a future home.
The median dollar value spent when using a staging service was $1,500, compared to $300 when the sellers' agent personally staged the home.
47% of buyers' agents cited that home staging has a positive effect on the home buying process.
96% of realtors believe that home staging positively influences a buyer's decision.
Studies suggest that home staging can sell a home 6-10% faster than unstaged homes.
23% of sellers' agents said they staged all sellers' homes prior to listing them for sale.
10% of sellers' agents only staged homes that were difficult to sell.
The most common rooms that were staged included the living room (91%), kitchen (81%), primary bedroom (81%), and dining room (69%).
27% of sellers' agents stated that there were slight decreases in the time on the market when the home was staged.
Virtual staging will cost between $59 and $129 per photo for luxury listings.
Hiring a staging company costs an average price of $400, while staging the home can cost about 75% of a home's price.
The cost of hiring someone to stage your home averages between $2,300 to $3,200.
A 2015 RESA report on staging pricing found that a vacant staging is an investment that ranges between $1,995 and $8,500 on average.
High-end properties and specific locations may cost more for home sellers.
About one-third of buyer's agents said that staging a home increased the dollar value offered between 1 and 5% compared to other similar homes on the market that are not staged.
25% of buyers' agents indicated staging a home had no impact on the dollar value that was offered.
More than 80% of real estate agents representing buyers said staging made it easier for their buyers to visualize the property as a future home.
Professional home stagers have a lot of overhead, including constantly rotating inventory and storage or warehouse costs, transportation and gas expenses, and ordinary business expenses.
82% of buyer's agents agreed that a staged home makes it easier for buyers to visualize the property as a future home.
Stand out in crowded search results. Get high-res Virtual Staging images for your real estate quickly and effortlessly. (Get started for free)