It can be hard to decide to invest money into a house when you are about to move away. I compiled this Frequently Asked Questions by sellers just like you are smart to do, and hopefully, this will give you the answers to your concerns regarding this investment.
- Is my home worth staging?
Every home going on the market is worth styling. Showcasing every property gives it the advantage of impressing buyers. It will encourage buyers to see the value in a property giving the seller quality offers.
- Why spend money on my house when I’m selling?
The money you need to spend is an investment in your property. The return is less time on the market saving carrying costs and excessive markdowns. Paying attention to the details, like when selling a car; the interior appears to be of quality, the value is seen, the offer will be strong. The smallest investment can have an impact at sale time.
- Buyers can see past my things, right?
Statistics have proven that 90% of buyers cannot envision a property differently other than ‘as is’ the way they see it. Therefore, styling your property for your market is essential to create an ambiance that is desirable to buyers. A styled house creates beauty and value in the property, and the buyer sees the ability to move in and start their life. For a minimal investment, buyers will be more inclined to make a strong offer.
- All homes sell eventually, right?
Yes, but at what cost to you? You will continue to pay your utilities, taxes, mortgage every month. The presentation from the start impresses buyers. if the house is not styled right from the start, you will incur price reductions, costing more than the cost of staging your house at the beginning. Selling quickly saves you money. Design Solutions KGP are trained to ensure every feature of your property is highlighted to achieve positive outcomes.
- Will the improvements increase the value of my Property?
Small inexpensive changes can create a dramatic effect. Design Solutions KGP during a home consultation advises you on what needs to be done while keeping within your budget to create a bang for your buck. Styling a property to your market always creates perceived value.
- How much work do I need to do on my property?
It depends, every property is different. Some may need more work than others. A staging consultation will identify any issues that need to be addressed, and help you prioritize what needs to be done to showcase the property. The goal for Design Solutions KGP is to help the seller make the biggest impression on the smallest investment possible.
- My Realtor told me what to do, why have a home stager come in?
A Realtor is a professional in their field of negotiating property sales. Design Solutions KGP is trained in color selection, design elements, styling to market a property. It is difficult for a homeowner to look at their property objectively because they are tied to the house emotionally. Some personal possessions can distract buyers from seeing the house for what it could offer them. Design Solutions KGP objectively reviews the property to ensure the houses full potential can stand out, allowing the buyers to only see the positive features in the home.
- How much will home staging cost me?
Home staging is a service offered to home sellers to capitalize on their biggest investment, their home. By home staging prior to putting your house on the market, it will create value, it is an investment in the sale of the house. It is an essential step in marketing a house, Design Solutions KGP works with buyers to keep within their budgets to optimize the sale of the house. If the home is occupied we try and utilize what you own, the investment is typically less than 1% of the listing price. If the house is vacant the cost will run on average between 1-3% of the listing cost of the house. The money invested will definitely be less than the first markdown you might have to incur.
- Will a price reduction help sell my property faster?
If your property is priced comparably to other properties in your market there should not be a need to reduce your price. A price reduction might generate interest, but buyers are then looking for faults in their favor to ask for even a lower price point. Not very favorable for the property owner.
If you decide instead of a price reduction of $10,000, you choose to invest $2000 in styling your property, you are ahead $8000. A property that is showcased is going to create interest in the market, and a stronger offer. Homes that are styled by Design Solutions KGP have averaged on the market less than a month, with an offer based on the original price listed. By putting your best foot forward at the start of the sale will result in a strong offer.
- Should I stage my home before I put it on the market?
Staging your home prior to putting it on the market gives it a strong first impression. Having your home staged prior to thinking of listing is beneficial because a Realtor will compare it to other properties that are in good condition, giving you the advantage of preserving your equity. If your property has been on the market with little interest, staging can provide an alternative to a price reduction. Remember, you only get one chance to make a great first impression.
- If my house was decorated by a professional designer, why would I need a home stager?
While your house may be beautiful, a designer has decorated with you and your taste and style preferences. A home stager aims to style the property so that the majority of the people looking for a house will see the appeal in the home. The goal of selling is to appeal to the widest range of people so that you get a strong fast offer.
- Why Design Solutions KGP to stage my home?
Our goal is to make every house resonate with buyers. We work with the seller to ensure the improvements are wise investments that will protect the equity in their house. Homes that we style for sellers typically get a strong offer within the first month of listing. Our background in marketing and decorating help homeowners showcase their homes and realize the full potential their home has to offer.
Have additional questions, contact us!