You can purchase furniture for staging . You can rent furniture while your home is on the market, or we can do the best with what we have, despite it not being ideal for selling your home . If you decide to obtain furniture for staging , there are a few things to consider before settling on renting or buying .
Home Staging Cost Breakdown
|Service Fees||$800 to $1,000 per project|
|Staging Fee||$400 to $700 per room for the first month, which averages $2,000 for initial setup|
|Furniture Rental||$500 to $600 per room per month, which averages $2,000 a month for rental after initial setup|
As you could see, although the income range of home stager mostly falls between $29,000 to $46,000, some high earners are making as high as $80,500/year. The real question is, what can you do to become part of the top-earning group.
“ Staging can save you from a costly price reduction,” Wilbur says. “A staged home will sell for 17% more on average than a non- staged home , and 95% of staged homes sell in 11 days or less. That is statistically 87% faster than non- staged homes .”
The short answer is yes, empty houses do take longer to sell than furnished, occupied or staged homes . A study from the Appraisal Institute found that vacant houses sold for 6% less than occupied houses and stayed on the market longer. There are a few reasons why this is the case.
Most agents will outright refuse to pay for staging . However, it is always up for negotiation. In my experience, a real estate agent will pay for staging only if they believe it will bring a significant increase to the selling price of a home and in return, more commission for themselves.
More than half of the real estate agents RESA surveyed said they sometimes offered to pay for staging services (or a portion of the cost) in some cases. Even if the agent won’t pay for the staging, nearly 80% of agents surveyed by RESA paid for a consultation with a stager for their clients (at $300 to $500).
Home staging has become a “must do” for sellers. Some 77% of buyer’s agents said home staging makes it easier for prospective buyers to visualize the property as a future home. Staged homes sell faster and for more money than those that are unstaged, according to industry analysis.
It can also cut the time on the market. Because nearly 90% of home buyers start their search on the Internet, staging is a good way to make sure online photos pop. Home sellers spend an average of $1,800 to stage a home , but costs can range from a couple of hundred dollars to $5,000 or more.
There is strong demand for home stagers . And the demand is growing to make it a good career choice for the future. From the publicity that home stagers are getting, to the competitive housing market, and reports on home stagers being a growing career, the need for home stagers is clear.
Anyone can be a home stager . There is no industry licensing, like there is to be a Realtor. Getting a home stager certification has significant benefits, but a certification is not necessary . You can learn more about onsite training in person, or about online training on this Stager Sidekick website.
1. Accredited Staging Professional. ASP is a course offered throughout the U.S. by Staged Homes. This was the first certification course I took.
Do a quick search on home staging costs and you may just get sticker shock. Some sources put the price anywhere from $1,000 to $8,600 for only two to three rooms . And some sources even say you’ll be charged an additional $500-600 per room, per month for furniture rental fees, with a minimum commitment of 2- 3 months.
The most common rooms that were staged included the living room (93 percent ), kitchen (84 percent ), master bedroom (78 percent ), and the dining room (72 percent ). It was common that sellers’ agents personally offered to stage the home (26 percent ). The median dollar value spent on home staging was $400.