First impressions are everything right? Don’t show your house to potential renters without showing off its true potential as a beautiful home.
he Real Estate Staging Association points out that when a property is staged it sells for more money, spends 73 percent less time on the market, and are usually viewed as ‘must see’ properties as well as “well-maintained.” These stats are for sellers, but they are applicable over to rentals as well.
Here’s how staging can help you rent your property:
So What Exactly Is It?
Staging sells your potential renter the dream of what your home could be. Typically there is a consultation averaging $250 to $750. On average you will invest $975 to $5,500 a month if your home is completely vacant. If you do have furniture available your cost will be less. If you have a smaller amount of square footage like if you are renting a condo then you will be paying anywhere from $2,000 to $3,200 a month according to RESA.
So Does it Really Work?
RESA compared 170 staged homes to comparable homes on the market and found that the staged homes sold in 22 days whereas the average on-market time was 125 days.
Online Listings
Online listings are paramount to a renter choosing your home. This is will most likely be the first place renters will see your home, so make sure they put your home on the ‘must see’ list by staging your home before any pictures are taken. Consider giving them a virtual experience of your home so they can take a tour without even stepping foot in your home.
What Can You Do?
Professionals are your best bet because they have been trained in the best techniques to get your home rented; however, there are some steps you can do. IF you plan on hiring a stager provide some quality furniture to keep costs down. Here’s some other DIY tips:
- Fix clogged shower heads
- Fix leaky toilets
- Fix slow drains
- Plant fresh flowers
- Remove clutter
- Focus on staging the living and dining rooms and master bed and bath
Staging will give you qualified leads and ultimately less time being vacant. Consider getting professional help or sprucing up your home on your own.
Contact SOS Management & Property Services
Local: (858) 273-8800
