According to Realtor Barbara Corcoran of T.V.’s Shark Tank, “For every $1 that you don’t invest a buyer will subtract $3 from their offer”.
For example; if a homeowner chooses not to spend $400 to update their light fixtures, a buyer won’t just lower their offer by $400, they lower it by $5000 $10,000 or more!
The same example applies to staging. On average, staged homes sell for 10% more. That can equate to a 1000% return on investment.
Staging is an investment in the marketing of your home. By spending a little up front you noticeably increase your homes marketability which translates into shorter time on the market, more and higher offers, and less carrying costs in the long term.