I recently found a study conducted by the Real Estate Staging Association (RESA© http://www.realestatestagingassociation.com) . I thought you might find value in this study and their findings.
They examined the number of days on the market unsold followed by the experience of the same homes after staging. As you can see, the staged houses sold in about ¾ of the time as the same house when not staged. As a control, they also examined 284 vacant and occupied homes that were staged and then listed. In this instance, the results were even better with only an average of 40.5 days on the market.
VACANT HOMES (87 Homes)
Homes -Listed Unstaged, Not Sold 277 Days on Market
Same Homes – Staged, Listed, Sold 63 Days on Market
OCCUPIED HOMES (39 Homes)
Homes Listed, Unstaged, Not Sold 233 Days on Market
Same Homes – Staged, Listed, Sold 53 Days on Market
VACANT AND UNOCCUPIED HOMES (126 Homes)
Homes -Listed Unstaged, Not Sold 263 Days on Market
Same Homes – Staged, Listed, Sold 60 Days on Market
VACANT AND OCCUPIED HOMES (284 Homes)
Staged, Listed and Sold 40.5 Days on Market
Real Estate Staging Statistics Report by RESA® (Released February 2010)
If you have comments about this study and your experiences with home staging, please share them with the “to be continued” readers.
Rather than commenting on my experience which is similar to these statistics (and will be the subject of a future blog posting), I will just let the RESA© facts speak for themselves.
Dwell in possibilities!
Cindy
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