Should You/Could You Stage Your Short Sale?
Not staging your home can be detrimental to your chances of getting your home sold in a reasonable time frame. This is even more essential in a short sale situation because you want there to be an offer as soon as possible so that the process can be started faster.
The Real Estate Staging association did tests selling identical homes professionally staged vs the same home not staged. Their research showed that the staged homes sold in 45 days compared to a home that was not staged selling on average in 102 days.
Estimations are made that only %10 of home buyers are able to visualize the potential of a home. That means that the other %90 cannot look past the clutter, dirt, imperfections, and taste specific decor.
As a home seller, your number one priority is to make your home desirable so that most of the people walking through during showings can see themselves living there.
According to a 2011 study by Homegain.com, these are the top updates you can do while staging and the return you can get on your investment is well worth it:
- Clean and declutter: 872%
- Lighten & brighten: 572%
- Landscaping (both front and back): 473%
- Paint interior: 250%
- Update kitchen: 237%
- Update bathroom: 172%
The biggest thing a realtor or professional stager will tell you to do to ready your home for sale is to declutter. As shown, this provides your biggest return and does not cost hardly anything but time for you to accomplish.
Making sure all your light bulbs work is another easy way to help your rooms feel light and bright. This is another cheap and easy way to boost your home’s appearance.
Get rid of all those weeds and plant some fresh flowers out front. A buyer decides if they like the home within the first 30 seconds of seeing it. Many will not even get out of the car if the front of the house does not look good. Curb appeal is essential!
It may seem pointless to put more money that you do not have into a home you are short selling. But finding ways to stage on a budget or even decluttering, which does not cost you a thing, can be extremely beneficial to your home selling process.
If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about ashort sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!
Jennifer Young Homes
Keller Williams Realty
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About Jennifer Young
Jennifer Young is the CEO and Team Leader of Jennifer Young Homes with Keller Williams Realty. Jennifer is a highly experienced real estate agent and industry leader specializing in the Virginia, Maryland and Washington DC market. Jennifer sells Regular Sales, Short Sales, Foreclosures, Rural Residential & Land. Her team has helped hundreds of troubled homeowners for FREE! Call Jennifer today for a free consultation at (703) 651-5655 or email her.
Hear from our clients…
Jennifer Young was a great agent, especially because of the amazing team working behind the scenes. Her and her staff knew so much about short sales.
Jennifer Young sold our home for us in Fairfax, VA and did an incredible job. It was priced right and went under contract in less than 10 days.
We worked with Jennifer Young and her team when short selling our property. They were on-the-ball and completely on top of my case at all times. .