Is Staging Really Necessary in a Hot Real Estate Market?

National Assoc. of REALTORs Home Staging Report 2019
The Phoenix area continues to attract homebuyers, leading indexes for price increases. Low inventory means fewer options for buyers and higher prices for sellers. In this environment, is there a need to maximize a home’s value and appearance with staging? While staging can add a small cost to the sales process, experts say staging absolutely still works. “Regardless of market condition, staging can not only raise the value and price of a home, but it can also help it sell faster,” according to REALTOR. . The National Association of REALTORS(R), in a 2019 study, says that 22 percent of seller’s agents saw an increase in dollar value when homes are staged. Staging also decreases time on market. Why? Staged homes tend to stand out in photos and in person, and it helps potential buyers envision living there. Staged homes appear larger, and these homes also tend to appear more “move-in ready” than unstated ones. Staging involves different levels of effort and can be as simple as decluttering, moving things around and editing. Or, staging can mean bringing in some more updated rental furniture, changing art and accessories or even painting. A good cleaning and organizing closets and pantries really helps, too, say experts.