{"id":24263,"date":"2024-11-08T15:52:09","date_gmt":"2024-11-08T15:52:09","guid":{"rendered":"https:\/\/www.anthonydidonato.net\/wordpress\/?p=24263"},"modified":"2024-11-08T15:52:12","modified_gmt":"2024-11-08T15:52:12","slug":"study-home-staging-can-sway-budget-conscious-buyers","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/study-home-staging-can-sway-budget-conscious-buyers\/","title":{"rendered":"Study: Home Staging Can Sway Budget-Conscious Buyers"},"content":{"rendered":"\n<p>Move-in-ready appeal is important as cash-strapped consumers look for properties in which they don\u2019t have to sink extra money, a new NAR report finds.<\/p>\n\n\n\n<p>With high housing costs forcing more home buyers to max out their budgets, many are seeking a move-in-ready property for which they don\u2019t have to sink money into renovations. Even for a listing that may need minor repairs, proper home staging can beef up the appeal of&nbsp;low maintenance and speed up the sale, according to the National Association of REALTORS\u00ae\u2019 <a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/research-reports\/profile-of-home-staging\">2023 Profile of Home Staging<\/a>.<\/p>\n\n\n\n<p>\u201cAs days on market has lengthened for home sellers, it is not a surprise to see the return of home staging as a tool to attract potential buyers,\u201d says Jessica Lautz, NAR\u2019s deputy chief economist and vice president of research. \u201cBuyers want to easily envision themselves within a new home, and home staging is a way to showcase the property in its best light.\u201d<\/p>\n\n\n\n<p>Staging isn\u2019t just for the benefit of in-person visitors: Buyers who see photos of a staged property online are more willing to do a physical walkthrough, survey respondents say. Of note:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>81% of buyer\u2019s agents say staging helps their clients visualize life in a home.<\/li>\n\n\n\n<li>A third say staging boosts home value, particularly if the aesthetic fits the client\u2019s tastes.<\/li>\n\n\n\n<li>Nearly a quarter of survey respondents overall say staging may help buyers look past property faults.<\/li>\n<\/ul>\n\n\n\n<p>Though many buyers want a move-in-ready home, you should be cognizant of how reality television shows are manipulating their understanding of the market. Sixty-four percent of respondents to the say their buyers have been disappointed with homes they\u2019ve toured versus homes they\u2019ve seen on TV. Fifty-five percent blame TV shows for giving buyers unrealistic expectations about how homes should look.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Get staging inspiration from REALTOR\u00ae Magazine\u2019s <a href=\"https:\/\/www.nar.realtor\/blogs\/styled-staged-sold\">Styled, Staged &amp; Sold<\/a> blog.<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>\u201cWhen getting ready to list a home for sale, it\u2019s vital to complete the necessary prep work to make a favorable and lasting first impression,\u201d says NAR President Kenny Parcell, who is also broker-owner of Equity Real Estate Utah in Spanish Fork, Utah. \u201cREALTORS\u00ae provide valuable guidance on how best to make your home an inviting space that connects with prospective buyers and stands out from the competition.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">To Stage or Not to Stage?<\/h2>\n\n\n\n<p>Even though homes have sold quickly in most markets over the last year, many real estate pros recommend staging services to their sellers. However, practitioners most often recommend staging for luxury or stigmatized properties, according to the survey. Only 23% say they stage every listing, whether they do it themselves (median cost of $400) or hire a professional ($600), NAR\u2019s report shows.<\/p>\n\n\n\n<p>But absent professional staging, pros say homes still need to be well-prepped before going on the market. About half of respondents say they don\u2019t stage properties but suggest that sellers declutter and fix any property faults. Additional home improvements agents most commonly recommend to sellers include professional home cleaning, carpet cleaning, painting and landscaping.<\/p>\n\n\n\n<p>Despite the clear advantages of staging, real estate pros have mixed views on the ROI. Fourteen percent of respondents say staging can lift home value between 6% and 10%, and 20% of respondents say staging can increase the dollar value of offers by 1% to 5% compared to similar unstaged homes. However, 34% of respondents say staging has no impact on either. Twenty-one percent say staging \u201cgreatly decreases\u201d time on market while 27% say it contributes to a \u201cslight decrease.\u201d<\/p>\n\n\n\n<p>Not all areas of a home are given equal attention when staging. The living room, primary bedroom and kitchen are the rooms where staging makes the biggest difference to buyers, according to NAR\u2019s survey. On the other hand, the guest bedroom is viewed as the least important room to stage.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.nar.realtor\/_next\/image?url=https%3A%2F%2Fcms.nar.realtor%2F%2Fsites%2Fdefault%2Ffiles%2Fnar_staging_chart_1.png%3Fitok%3Drp4WyUs7&amp;w=3840&amp;q=75&amp;dpl=dpl_DrgLdhdbGmnACQrtNsNUUXq7VRBM\" alt=\"NAR 2023 Profile of Home Staging\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>National Association of REALTORS\u00ae<br \/>Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Move-in-ready appeal is important as cash-strapped consumers look for properties in which they don\u2019t have to sink extra money, a new NAR report finds. With high housing costs forcing more home buyers to max out their budgets, many are seeking a move-in-ready property for which they don\u2019t have to sink money into renovations. Even for &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/study-home-staging-can-sway-budget-conscious-buyers\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-24263","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Study: Home Staging Can Sway Budget-Conscious Buyers - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/study-home-staging-can-sway-budget-conscious-buyers\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/study-home-staging-can-sway-budget-conscious-buyers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/study-home-staging-can-sway-budget-conscious-buyers\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Study: Home Staging Can Sway Budget-Conscious Buyers\",\"datePublished\":\"2024-11-08T15:52:09+00:00\",\"dateModified\":\"2024-11-08T15:52:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/study-home-staging-can-sway-budget-conscious-buyers\\\/\"},\"wordCount\":637,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/study-home-staging-can-sway-budget-conscious-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.nar.realtor\\\/_next\\\/image?url=https%3A%2F%2Fcms.nar.realtor%2F%2Fsites%2Fdefault%2Ffiles%2Fnar_staging_chart_1.png%3Fitok%3Drp4WyUs7&amp;w=3840&amp;q=75&amp;dpl=dpl_DrgLdhdbGmnACQrtNsNUUXq7VRBM\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/study-home-staging-can-sway-budget-conscious-buyers\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/study-home-staging-can-sway-budget-conscious-buyers\\\/\",\"name\":\"Study: Home Staging Can Sway Budget-Conscious Buyers - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.","sameAs":["http:\/\/www.anthonydidonato.net"],"url":"https:\/\/www.anthonydidonato.net\/wordpress\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts\/24263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/comments?post=24263"}],"version-history":[{"count":1,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts\/24263\/revisions"}],"predecessor-version":[{"id":24264,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts\/24263\/revisions\/24264"}],"wp:attachment":[{"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/media?parent=24263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/categories?post=24263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/tags?post=24263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}