When real estate agents talk about staging your home, they're referring to a method of decorating that is designed to showcase the home's best assets, impress buyers and sell quickly for the highest possible price.
Why Home Staging Is Important
Although staging is optional, it really shouldn't be. When you're dealing with such a significant financial transaction, you don't want to be lazy and settle for a lower selling price or a longer marketing period than you have to.
Relative to the amount of time and money involved, staging may be one of the most lucrative projects you ever undertake. Potential buyers aren't just looking for a structure to inhabit – they're looking to fulfill their dreams and improve their lifestyles. Staging helps sell those dreams and creates a more emotional purchase that can generate more money for the seller. Because not all sellers stage their homes, especially homes in lower price ranges, you'll be at an advantage if you do.
Home staging is also beneficial because potential buyers don't want to see work that needs to be done upon moving into the home. For every problem they see, they'll deduct its cost from their offering price. If they see too many problems, they'll pass altogether.
It is unlikely that a potential buyer will like your wallpaper. Your best bet is to tear it down and paint the walls instead. Don't even think about painting over the wallpaper – it will look shabby and send red flags for the buyer about all the work he or she will have to do later.
Custom paint colors are the same way. You may love your orange bathroom, but people's tastes in colors are very specific and highly personal. While you might think that white walls would be ideal because they create a blank slate that allows buyers to envision their own décor and gives them an easy starting point, it's actually better to paint your home with warm, neutral colors that appeal to the masses and project the homey image you're trying to sell.
Should I Paint My House Before Selling?
When it comes to selling your home quickly, one of the best investments you can make is hiring a professional company to prepare, or stage, your house. This is even more important in a Seller’s Market when the market is slow and there are more houses for sale then there are buyers. Home staging will draw attention to your property and increase the selling price of your home by $10,000 to $50,000, possibly even more in a Buyer’s Market when there is more competition among buyers to grab an attractive property.
Margrom Enterprises - Painting and Decorating Division is open 6 days a week (except Sundays) to provide painting estimates, consultations, and to schedule your painting project. Contact us today to get a competitively priced quote on your next painting project.