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Realtors Say Staging a Home Increased Offered Prices, Cut Marketing Time
Tuesday, April 6, 2021
Does staging really work? That was among the home buying and selling topics covered in a new survey from the National Association of Realtors® (NAR) and the answer appears to be "yes." Eight-two percent of buyers' agents said home staging made it easier for a buyer to visualize the property as a future home. Staging also appears to increase how much buyers were willing to spend for a property. Twenty-three percent of buyers' agents said that home staging raised the dollar value offered between 1 percent and 5 percent compared to similar homes on the market that hadn't been staged. The response from sellers' agents was nearly identical, with 23 percent reporting a 1 percent to 5 percent price increase on offers for staged homes and 18 percent ellers' agents putting the increase between 6 percent and 10 percent. None of the agents for sellers reported that home staging had a negative impact on the property's dollar value and 31 percent said that home staging greatly decreased the amount of time a home spent on the market.
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