The return on investment (ROI) for home staging is generally considered high in the real estate industry. Studies and surveys have shown that staging can lead to faster sales and higher offers. Here’s a breakdown of the typical ROI on home staging:
-
Increased Sale Price: Staged homes can sell for 5-20% more than non-staged homes, depending on the market and the level of staging. This means that the investment in staging can easily be recouped through a higher final sale price.
-
Faster Sales: Staged homes typically sell faster than non-staged homes. According to a report by the National Association of Realtors (NAR), 83% of buyer's agents said a staged home helps buyers visualize the property as their future home, and it often sells more quickly as a result. Faster sales reduce the carrying costs of the home (like mortgage payments, utilities, and insurance), improving the overall ROI.
-
Cost of Staging: The cost of staging can range from $3,000 to $10,000, depending on the size of the home and the extent of the staging. However, most sellers can expect an ROI of around 200-300% on their staging investment.
In summary, for every dollar spent on staging, sellers can potentially see a return of $2 to $3 or more in the final sale price. Since you offer complimentary staging, this adds even more value to your clients, leading to potentially quicker and more profitable sales without them needing to invest in staging themselves.
Ready to Sell Your Home in Redlands?
Staging your home is a powerful way to ensure a quick and profitable sale. If you’re ready to sell your home in Redlands, CA, contact me, Cristina Caministeanu, at eXp Realty. With over 23 years of experience and a proven track record of selling homes for more money, I’m here to help you every step of the way. Call me today for a free consultation and let’s get your home sold fast!