Staging is Imperative for Real Estate for Sale in New Orleans
There is a general misconception that we need to revive a nearly unprofitable real estate market in this country and specifically real estate for sale in New Orleans, however if you are informed, do your research and work with a skilled, talented and certified Realtor you can use the real estate market to create security for your family and acquire a wonderful home to create the life of your dreams in and possibly become a landlord, if that is something you’re interested in. It is important, now more than ever to understand that the real estate market of today is nothing like the historical market upon which most of the real estate myths, you’ve heard repeatedly, were built upon. One of the most important factors to understand about this new market is that more and more homes must be staged. This is a simple concept that ensures that real estate for sale in New Orleans finds appeal with numerous buyers.
Staging, apart from increasing the interest of buyers, is important for the seller that has real estate for sale in New
Orleans, so the property is sold quickly, and the seller can strike a good an excellent closing price. Quick sales increase the demand, so that the market can become more lucrative for everyone, buyers, sellers and agents. This is a primary reason why real estate agents are fast recommending or hiring, or themselves turning into ‘staging professionals’. These professionals help those that have real estate for sale in New Orleans finds maximum appeal to the seller in terms of their tastes and preferences.
Real Estate for Sale in New Orleans? Why Staging is Imperative for Successful Sales!
The fact is that stages homes bring as much as 15 percent more revenue than those that are not staged. People are constantly looking for a house with more space and many look at real estate for sale in New Orleans as an investment, seeing how much they will gain when they in turn sell it. Keeping all this in mind a professional stages houses help the owners to prepare their houses for sale.
Staging professionals have a specialized job to do and indeed, sellers see a difference in the demand for their property and the offer prices coming in, before and after the staging professional has done the job. Staging companies, being trained professionals, have an idea of what the buyers are looking for and are effective in demonstrating the home’s potential, which helps the seller, sometimes in ways the seller never thought of.
81% of buyers say home staging makes it easier to visualize the property as their future home. 45% of buyers say it will positively impact the value of the home if it is decorated to the buyer’s tastes. Among REALTORS®, 49% report most buyers are affected by home staging.
It is true that different buyers have different tastes, but there are common elements and themes where one can never go wrong. This is precisely the principle that staging professionals follow! Staging of real estate for sale in New Orleans is done on the fundamental belief that a well-staged house will engage the buyer more quickly and deliver a sense of home upon entry. All sellers need to understand that paying for any renovations and the staging professionals’ fees is an investment, with nearly immediate returns.
Real Estate for Sale in New Orleans, Staging is a Must in The Modern Real Estate Market!
Staging professionals have a clear idea about the kind of colors that sell, the kind of furnishing in the house that makes it more appealing to those who come to have a look at it. They also have a clear idea of how the space inside the house must be used for optimum utility, which seems to be a major concern for all buyers.
It is a fact that well showcased houses sell 84% percent faster than those that are not and these homes spend an average of 73% less time on the market. Staging professionals do not provide house building or house designing. They merely advise the agents or the sellers themselves on the strategy to use while re-doing their house.
We have found that homeowners see a great return on their investment in home staging, including faster home sales and higher offers from buyers. “The key to home staging is tapping into a buyer’s psychology. It’s the same concept as packaging a product to make it appeal to a target market. Home staging ensures that the home looks its best and captures the emotion of buyers, who are making one of the biggest purchases of their lifetime.” (source)
If you are still skeptical that home staging is worth the investment and has the power to sell your home faster and for more money, check out these home staging statistics based on surveys conducted by reputable real estate companies.
Staged Homes Sell Faster
To sell your home faster, it must stand out from the competition and create a strong first impression.
- A survey by Coldwell Banker Real Estate Corp. found that staged homes spend half the time on the market than non-staged homes.
- The National Association of Realtors (NAR) survey found that the longer homes stay on the market, the further their price drops.
- Once staged, homes spend an average of 73% less time on the market
Home Staging Increases the Perceived Value
Home staging is all about showing your home in its best possible light.
- Buyers are willing to spend 1% to 5% more of the dollar value on a staged home than a non-staged home.
- A survey by Coldwell Banker Real Estate Corp. found that staged homes sell for more than 6% above the asking price.
At Realty Group NOLA, we offer a service to help you determine how much you can spend. This, for most people, is the #1 step to make when deciding on owning real estate in New Orleans.
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