In booming real estate markets like the GTA, setting up your home for a successful sale all comes down to planning. From choosing the best season to list your home, to ensuring all your major repair work has been completed, every seller seeks to optimize their home to ensure a smooth sales process. Although staging can temporarily disrupt your daily routine, its proven benefits far outweigh the negatives, especially if you want to want to sell your home quickly. Here’s why you should always use staging.
Stand Out From The Crowd
In a competitive market like Toronto’s, filled with fantastic properties, standing out from the crowd can be a challenge, especially if you’re selling a popular style of home such as a condo. Staging can help set your property apart by showing off it’s unique possibilities to potential buyers, and inviting them to imagine the lifestyle they could have there. When it comes to listing your property online, listings with photos that showcase the properties will always book more showings and tend to make a greater impact in buyers’ memories. Don’t forget, your staged photos are the first look most interested buyers will have of your home. You only have one chance to make a great first impression.
Sell Your Home Faster
Listings that book more showings, tend to sell faster. A professionally staged home shows off all of its best features, can help hide any shortcomings, and help potential buyers connect more easily with the space. Although these benefits may seem trivial, they go a long way when it comes to creating the emotional connection with a property many buyers seek before putting in an offer and putting any of their anxieties at ease. Staging optimizes your home for potential buyers and gives you a leg up on the competition by making your home as attractive and functional as possible.
Snag a Premium Price
With real estate prices as high as they are, buyers and sellers want to get the most bang for their buck. For buyers, this means they need to justify the price they’re paying for the property, while sellers will want to garner the highest offer possible. Staging your home enhances its appeal, making it more enticing to buyers and increases the chances they’ll be willing to pay top dollar. Because staged homes also tend to sell more quickly than others, they’re less likely to receive low-ball offers as interested buyers recognize the true value of the property, and don’t want to gamble their chance to secure their dream home.
Today, it’s believed that staged homes can generate an ROI ranging from 5%-20%. Not bad for only a few days of disruption! Although a few years ago staging was a relatively new concept, in today’s modern market, buyers expect a pleasant shopping experience and have a higher set of aesthetic criteria as a result of social media sites such as Pinterest and Instagram. Hence, all sellers should seriously consider staging if they want to stay competitive in today’s real estate market and sell their home successfully.
The Proof is in the Pudding
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