How does home staging make more money for the seller?
Price is ultimately determined by you and your realtor based on market conditions and other factors. However, there is also the perceived value factor which, for a buyer who loves your home, can be totally subjective. Home staging goes a long way toward helping increase a homes perceived value. Research shows that staged homes sell for more money than unstaged homes. Consider this scenario: Your home is for sale for $300,000 and it has been sitting on the market for a while. In an effort to sell it you reduce the price by 5% ($15,000). If you spent just 1% ($3,000) on staging to make your home more appealing and didnt drop the price, you are $12,000 ahead of where you would have been had you dropped the price. Every time you drop your price you lose money.
