You’ve decided to put your Broomfield real estate on the market. Congratulations! This is an exciting time, but while you’re soaking in this new chapter of your life, remember you can do a few things to make sure your home sells quickly and for top dollar. One of the most important is staging your home correctly.
If you’re not familiar with the term, staging simply means preparing your home for sale. This includes removing clutter, cleaning from top to bottom, making any necessary repairs, and rearranging furniture and decor. Staging is crucial to the selling process because it allows potential buyers to see your home at its best and envision themselves living there.
If you’re wondering whether or not you should stage your Broomfield home, the answer is almost always yes. Staging helps improve a buyer’s first impression when they see your home, it makes your Broomfield real estate’s rooms appear larger, it helps buyers of homes for sale in Broomfield visualize a property as their future home, and it generates a higher profit and a quicker closing.
Improve a buyer’s first impression
One of the main reasons you should stage your Broomfield real estate is to make sure buyers have a great first impression when they see your property. According to the 2021 Profile of Home Staging published by the National Association of Realtors, nearly half of the buyers’ agents surveyed noted that staging impacted a buyer’s perception of a property. In today’s market, buyers look at dozens, if not hundreds, of homes online before ever setting foot in one. This is why it’s critical that your home looks its best in photos and video tours. Otherwise, you risk buyers passing over your home without ever giving it a chance. A well-staged home will show buyers that you’ve taken the time to prepare your home for sale and that you’re serious about getting top dollar for it.
Make rooms appear larger and more inviting
Another key reason to stage homes for sale in Broomfield is to make rooms appear larger and more inviting. This is especially important in smaller homes or homes with cramped, cluttered rooms. Staging can create the illusion of space by decluttering and arranging furniture in a way that allows buyers to move from one room to the next easily.
Help buyers visualize the home as their own
When buyers walk into well-staged homes for sale in Broomfield, they need to see themselves living there. This can be a challenge if your personal style is very different from what’s popular right now or if you have too many personal items on display. A good stager will work with you to edit your belongings and arrange the furniture to allow buyers to see the home as their own. This could mean packing up your personal belongings and moving them into storage, removing decor, and simplifying the space. Moreover, 82% of buyers’ agents surveyed for the 2021 Profile of Home Staging noted that a staged home made it easier for buyers to visualize living in the property.
Statistics point to profits
Perhaps most importantly, home staging statistics show it’s a smart investment. In fact, a staged home is more likely to obtain a higher profit and close more quickly than unstaged homes for sale in Broomfield.
By investing just one percent of the requested sale price in home staging, three-quarters of surveyed sellers saw an average return on investment of 10%. Further, a study by the International Association of Home Staging Professionals (IAHSP) noted unstaged homes saw a loss of five to 20 times greater than the typical investment cost of staging.
In the Home Staging Industry Statistics for 2022 by IAHSP, statistics showed that half of staged properties sold for six percent or more above the requested list price, and nearly 10% of staged properties sold for up to 20% over the list price. If you want to ensure you’re receiving the most profit possible on your Broomfield real estate, it simply makes financial sense to stage before listing.
Fewer days on market
According to The Mortgage Reports, staged homes for sale in Broomfield are likely to sell 73% more quickly than their unstaged counterparts. More startlingly, the Home Staging Industry Statistics for 2022 by IAHSP showed that the average number of days on the market for average-priced homes before staging was over 80, and the average days on the market for homes staged before the listing was under ten. The report also noted that average-priced homes sold up to 11 times faster when staged in a market like Broomfield.
For luxury homes, IAHSP noted the average days on the market before staging was 125, but the average days on the market when staged before the listing was only 17. The report also showed luxury properties sold up to eight times faster than other luxury Broomfield real estate when staged. As such, if you need to sell your Broomfield real estate quickly, it makes sense to stage it before listing.
Why you should work with a professional stager
While you can certainly stage your Broomfield home yourself, working with a professional stager is always a good idea. Professional stagers have the experience and expertise to know what buyers are looking for and how to make your home appealing to them. They also have an objective lens when staging your home and know which of your belongings need to be stored or not. Professional home stagers have access to high-quality furniture and decor that can make your home stand out. And, if you’re short on time, they can handle the entire process for you so that you can focus on other aspects of selling your home.
If you’re planning to put your Broomfield home on the market, make sure to stage it correctly. It’s one of the best things you can do to ensure a quick, profitable sale. For help selling your Broomfield real estate, reach out to Grant Muller today.
*Header photo courtesy of Grant Muller Real Estate