Three Rivers Folklife Society has put on the Tumbleweed Music Festival every year and on August 30, 31, & September 1, 2019 the... Read More
The Reality of a Staged Tri Cities Washington Home
As portions of the United States have seen a slowing in the real estate market, sellers and the real estate agents that represent them have turned to less traditional ways to make a home more attractive for sale. These methods have ranged from things like offering health club memberships with a sale to more measured methods like staging services.
The Reality of Home Staging
While many real estate agents have resisted the idea of investing in a staging service, the benefit can be seen in the increased traffic staging services can create and the quality interest it can drum up. A common response to a lack of interest in a property is a price drop. If an investment in staging services can avoid that price drop, the money spent is more than worth it.
By making sure that a property shows as best as it possibly can, a real estate agent is giving the home the best possible chance to be sold for full price after a short time on the market. If a prospective buyer that is otherwise impressed with the location and school district is under whelmed by the condition of the property, the sale will never materialize.
If that same interested buyer can be thoroughly impressed by the staging of the property, a sale is of course more likely and while a real estate agent will get a commission either way, it is in the best interest of the seller to see the highest price possible in the shortest time from possible.
If your real estate agent will not even discuss the possibility of staging services, you should either push harder in your discussions or find a new realtor. As real estate markets slow down, real estate agents must adapt and use all of the tools available. For many properties, that can mean the relatively simple addition of a staging service to the marketing plan for a home.
Pros and Cons of Home Staging
The misconception that staging services are expensive is the one thing keeping many real estate agents from pursuing it as a possible selling tool. However, should a price drop be avoided, that cost is made up for and every day that a home sits on the market is a day not spent building equity in a new home.
Staging can also be done quite efficiently. In most cases, a home can be properly staged in a matter of hours, not a matter of days, and will fit seamlessly into the flow of a marketing plan. Those that specialize in staging are well aware of the time pressures of selling a property and have experience operating within a selling framework.
Of course, there are drawbacks to staging and it would be unfair to paint it as a silver bullet to the selling process. There is cost involved, a lack of control over how the home is portrayed and the possibility that the way the home shows is not the barrier to getting a buyer interested.
Showing a home is an important part of the selling process but it is not the only part of the selling process. Investing in staging might not help a home that suffers from a price well above what the market dictates, for example. Staging should be evaluated on a case by case basis with the aid of a real estate agent in order to make sure that it is the right step for your particular property. It will always help your home show better but if that is not the problem, that money might be best spent elsewhere.
Staging is certainly not the perfect solution to a slow real estate market, but it does present itself as another option for a real estate agent to motivate buyers with an attractive, well-shown home. Work with your real estate agent on exploring staging as a possibility and while it may not be perfect for every situation, it is certainly worth exploring.
Call us, 509.438.9344, Email us, or fill out the contact form below.
We respond right away! -Colleen Lane, Realtor®
Latest From Our Blog...
This year the 2019 Benton Franklin Fair and Rodeo is “The Best Week of the Summer.” Come check out all the fair has to ... Read More
Riverfest 2019 | Sep. 7, 2019 | 10:00 AM - 4:00 PM | Columbia Park/Lampson Pits | Kennewick, WA RiverFest is a FREE family eve... Read More
Cuisine de Vin | Aug. 16, 2019 | 7:00 PM - 11:00 PM | Terra Blanca Winery | Benton City, WA Visit this over 21 casual fun-fi... Read More
Second Saturday Uptown Shopping Center Art Walk in the Uptown Shopping Center, Richland WA | August 10, 2019 | 3:00 PM - 7:00 ... Read More
The 2019 HAPO Columbia Cup will mark the 54th time Unlimited Hydroplanes have raced on the Columbia River. This year’s event,... Read More
2019 69th Annual Art In The Park at Howard Amon Park, Richland Washington. Experience an explosive event which brings together Tri-... Read More
Woman Work: All-Women Art showJul. 12, 20196:00 PM - 9:00 PMDrewBoy Creative | Richland, WADrewBoy Creative presents its first-ever... Read More
2019 See 3 Slam Basketball Tournament Sponsored by Tri-CU Credit Union and presented by Sunrise Rotary and the City of Richland on ... Read More
Are you looking for something to do this weekend in the Tri-Cities Washington or in the surrounding area? Then check this out! I ha... Read More