Home staging for an open house is one of the most valuable and vital uses for these specialized real estate enhancement techniques. Open houses are one of the best ways to showcase a piece of real estate and having the home staged perfectly before the event will dramatically increase the chances for a fast and extremely profitable sale.
Real estate agents invest time and money into open houses and there is no better reward for their work than to get multiple offers immediately after the promotional event. This type of immediate success helps agents to run viable businesses and also delights the home seller, who can get the sale completed quickly and move on with their future plans without delay.
This instructive essay provides detailed advice on preparing for an open house.
Value of Home Staging for an Open House
It is absolutely crucial to stage first and list after the residence is in perfect form. This way, the home is completely ready to receive prospective buyers prior to coming on the market. If the home is fully staged and idyllic, it will photograph beautifully for advertising applications, such as magazine ads, MLS listings and virtual tours.
Once a home has been previewed before staging, agents and buyers will have already formed an opinion of it, and if it is not in top form; marketing will be an uphill effort.
Almost everyone uses the internet to preview homes at this point, so having a wonderfully inviting atmosphere, that is highlighted by proportional furniture and enticing art, will make buyers salivate at the chance to actually view the property in person.
Finally, if the home is staged before being evaluated by your agent, it is likely to be listed for a much higher price than if it is not professionally prepared.
Preparing for an Open House Tutorial
Open houses should not be simple formalities. Your agent should go all-out to get the home sold ASAP and hosting a quality open house is one of the best ways to accomplish this.
My last home sold during the open house for brokers only. Buyers never even got the chance to come in and view the home. An agent saw the home and immediately scheduled a private viewing with a buyer, who snatched up the property before it officially even went on the market. This was fantastic. However, the best part was that I almost doubled the price I paid for the home just 3 years before. This is the power of good home staging and I did it all myself, for virtually no cost.
I staged the home in advance, listed it at a profitable number and received the full price I requested, all within a few days time. The crucial parts of the plan were to stage, then photograph, then list. This tactic paid off handsomely.
Home Staging for an Open House Recommendations
Many sellers feel that they can list the home and then see how it goes. This is a big mistake. If you disappoint potential buyers and their agents, no one will come back to the home to view it, even if you make improvements. They will always have a bad taste in their mouths and are unlikely to purchase for less than a bargain basement price.
Do not make this error. Instead, get the home in top form first and stage the property to impress. Then, once it is perfect, list the home and sell the home. Sounds simple? You bet. Statistics prove the many benefits of home staging and a fast and profitable sale is paramount of all the boons bestowed.