RESA Home Staging Statistics Report 2016
The Real Estate Staging Association (RESA®) has recently released its annual home staging statistics report. Members from North America (and some countries in Europe and Australia) had contributed and put together all data to support the benefits of home staging to home sellers, and why home staging is a must when it is time to sell.
Based on the statistics, a property that is NOT staged stays on the market for at least 26 weeks (more than 6 months!) A long time considering all the carrying costs and the stress associated to it. After staging, these stale listings sold in an average of 41 days.
On the other hand, homes that are staged before it hits the market sells in an average of 23 days (what a difference!). Which means homes that are showcased and staged properly from the get go sells 90% faster than homes that are listed on the market “as is”.
Bottom line is, showcasing your home before it hits the market is a no-brainer for a better chance of a faster sale. If you have listed your home “as is”, and aren’t getting any offers, consider staging it first before you entertain the thought of a price reduction. In most cases, stale properties needs the right “packaging” and the right presentation (given the assumption that the house is priced correctly and in good condition) to attract serious buyers. Everybody loves a beautiful home and a move-in-ready property! That is why home staging works!
Imagine all the time and money (not to mention the stress) all these home sellers could have saved if they staged it from the beginning!
is a Canadian Certified Staging Professional. His professional affiliations include the Real Estate Staging Association (RESA) and the CSP. He is the recipient of numerous home staging awards and was picked as RESA’s Top Professional Stager of Canada for 2016. He has worked with hundreds of Real Estate Brokers, Investors, Real Estate Agents, and has helped home owners showcase their homes at its best when it is time to sell.
As President and Principal Stager of REDESIGN4MORE, Red provides home staging and interior redecorating services for both small and large-scale residential projects throughout Toronto and the GTA. Click here to learn more about Red and REDESIGN4MORE.