Tips For Staging Homes to Flip
Staging your house to sell for profit can expedite the sale and raise its price. On average, staged homes sell for 17% more than unstaged counterparts.
One of the most essential elements in home staging is keeping a space clutter-free. Allowing surfaces to be clear helps potential buyers envision living in the space.
1. Hire a Staging Company
When selling a home, staging can add significant value. According to the National Association of Realtors, staged homes typically sell for 2-5% more than comparable properties.
Staging can increase the number of offers a house receives and expedite the sale process. It also enhances its online photos, which are essential to home buyers who begin their search online.
However, hiring a professional to stage your house can be costly. You’ll have to cover the initial setup fee as well as monthly rental fees for furniture and accessories.
Before hiring a company, research their experience level and the variety of homes they’ve staged. The more diverse a company’s portfolio is, the better as this shows they can work with various target markets.
You should also assess whether the staging company has any reviews or testimonials from past clients. Look for one that is mostly positive, as this is often indicative of a reputable business.
Finally, when selecting a stager for your project, ask them to show you at least three of their most recent staging assignments. This way, you can assess their work quality and decide if you wish to hire them for your upcoming endeavor.
2. Rent Furniture
When staging a house for sale, furniture is often an essential factor. Not only can the right kind of furnishings make or break a deal, but they’ll also help potential buyers visualize themselves living in the space.
Staging with rented furniture is an economical way to save both money and time, while giving your home a polished, appealing aesthetic that attracts buyers. Many rental companies provide discounts to home stagers so you can get all of the pieces necessary for staging at an unbeatable price.
Another great option for furniture shopping is visiting local home decor stores and yard sales. You often find great deals here, especially during Black Friday and Boxing Day sales.
When buying or renting, be sure to enquire about delivery fees and return policies before making a final decision.
If you’re not sure where to begin with home staging, consulting a professional home stager can be beneficial. They will assess your design style and needs before suggesting pieces that will give your space maximum impact.
3. Details Matter
One of the greatest joys about flipping houses is finding all the little details to improve upon. Did you know that staging your house with a lighted display can increase its sale speed? Similarly, installing a handrail in a bathroom was an intelligent move? These all serve to ensure your home stands out among competitors and makes an impression on potential buyers.
4. Highlight Unique Features
To maximize a home’s potential, highlight what buyers value most. For instance, if your house boasts unique features like an expansive master suite or fantastic patio, make sure they are highlighted when listing it online.
Use captivating language in the ad copy to entice potential buyers. Instead of saying, “House for sale on Main Street,” try something more creative like “Home for sale on a corner lot with an amazing view” or “Home for sale with extra storage.” These phrases will capture attention and prompt people to take a closer look.
Finally, staging rooms that have the greatest impact on potential buyers is essential. These include living rooms, kitchens and master bedrooms – areas where people spend most of their time when viewing a property. It’s essential to create an inviting atmosphere in these places so they feel at ease while viewing it.
Home staging is designed to help potential buyers visualize themselves living in the house. To do this, take away personal items that might impede that vision such as family photos, monogrammed towels and toiletries, and taste-specific decorations. Doing this will give your house a refreshing, uncluttered vibe that appeals more to buyers. You could also create an inviting blank canvas by replacing personalized items with high-end neutral furniture and accents.
5. Create a Blank Canvas
Staging houses to sell for profit requires creating a blank canvas. This step helps buyers visualize themselves living in the property and allows them to see its potential. In fact, 83% of real estate agents report that staging makes it easier for their clients to visualize themselves living there.
Decluttering and taking personal items such as family photos, monogrammed towels and taste-specific decor out of the house can help create a clean and organized aesthetic. This makes the property more desirable to potential buyers and increases the odds that you’ll get an acceptable offer.
Another tip for creating a neat and organized look is using neutral colors throughout the house. This will enable buyers to decorate as desired without worrying about clashing with other decorations.
When selling your house, the paint color you select for your walls plays a significant role. This is because subconscious feelings may arise in buyers that shape their perception of the property.
Fortunately, there are plenty of neutral colors that will appeal to potential buyers. For instance, Behr’s Blank Canvas, is a great option for painting interior walls. This yellow-beige has a green undertone and pairs well with other warm neutral beiges and tans.
When designing your home to appeal to potential buyers, you should take into account color scheme, furniture arrangement and other design elements that will make the place stand out. For instance, adding a stylish mirror in the bathroom or hanging an art piece with modern frames are great ideas for adding visual interest.
The great thing about accessorizing a flipped home is that you have complete freedom to change out the accents, paint colors and other decorations as desired. This gives you the ability to make any adjustments that you feel will make the property stand out from its competition in your price range.
While you’re at it, why not add some unique and quirky pieces to the home that will captivate potential buyers? For instance, hanging a framed photo of an ocean sunset in the bedroom would be sure to please them.
As a first-time investor, don’t be afraid to try different styles and designs. Doing so can add value and maximize the potential of your investment. However, remain realistic about your budget and what can be accomplished within it; doing this will enable you to realize your vision while turning a profit when selling the property.