Luxury Property News

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Staging Your Luxury Home Leads to Faster Sales

 

Selling your high-end home in a timely manner is as easy as working with Supreme Auctions to market your luxury home through their Accelerated Marketing Program. During the qualifying process, Supreme Auctions can connect you with a professional staging company to provide you with their recommendations of staging the property in order to increase the homes appeal to more buyers and in doing so a faster sale.

Staging a high-end house is the act of preparing and showcasing residential properties that are, or will soon be, for sale. A professional stager will assess each room and space and prepare it to showcase its full potential to buyers.

Staging Raises the Value of Your Luxury Home

Nearly one-third of agents agree that professionally staging a home can increase the value between 1-5% and just over 20% of buyers and sellers believed professionally staging a luxury home can increase the dollar value of a property by 6-10%, says the National Association of Realtors.

Why Use a Professional Staging Company

Staging is what tells the high-end property’s story and wordlessly conveys information about the lifestyle the buyer could have if they lived there, said Meridith Baer, the founder of Meridith Baer Home, on Mansion Global.

A good professional staging company knows the current market conditions, knows current styles, and knows how to best showcase your luxury home to qualified buyers. They study the area’s demographics and stylize your home around who is most likely to make an offer on your property.

They develop relationships with top tier renovators and those in the construction industry to prepare your high-end home in a timely and sophisticated manner. These relationships not only increases the visual appeal of your luxury home, it allows stagers to save you money on quality services.

Good Staging Makes a Difference

Staging is designed to make buyers notice your luxury residence; a luxury home that is professionally staged shows better for marketing in photographs, magazines and online. The National Association of Realtors found that 49% of buyers’ agents believe staging affects most buyers’ view of a home and 77% found that it was easier to visualize the home as their own.

This is especially true as a majority of buyers — 84% according to the National Association of Realtors — preview a home online before deciding to see it in person. Professional staging companies prepare the home to be professionally photographed making them stand out to motivated buyers as they are pursuing the market online. If the home is vacant and not staged, buyers are more likely to move on without a second thought, leaving your luxury home lingering on the market. An empty room can also leave buyers confused as they are unsure of what the space is used for.

At the luxury level, the process is tailored to fit your property. It is akin to working with a private interior designer who will take in and accentuate every detail. The stager knows that motivated buyers are looking at three key rooms: the living room, the master bedroom and the kitchen and will work to make those spaces stand out while inviting buyers to preview.

Staging Sells Your Luxury Home Faster

Using a professional staging company and utilizing Supreme Auctions’ Accelerated Marketing Program exponentially increases the opportunity of getting more eyes on your luxury home and drawing in more motivated and qualified buyers.

Utilizing a professional stager is a proven method of getting your home sold faster. The Real Estate Staging Association (RESA) found that professionally staged homes spent 72% less time on the market compared to vacant houses. Homes that are professionally staged prior to being listed on the traditional market received their first offer, on average, in 23 days.

According to RESA’s statistics, professionally staged homes in California sold, on average, five times faster than vacant properties, seven times faster in New York and seven times faster in Pennsylvania. 

Staging and Accelerated Marketing

Supreme Auctions is well versed in the process of using top notch staging companies. They have worked with the Luxury Look, a professional and award winning staging company in Arizona, and sold a home that sat on the market with little buyer activity for months. Once the home was staged, it sold in 30 days.

Kristine Vowles, founder of the Luxury Look, serves as Arizona’s State President for the Real Estate Staging Association and was voted as the “Most Influential Person” in the Real Estate Staging Industry, “Best of Scottsdale” in Design in 2016, 2017, 2018, and 2019, named “The Future of Real Estate” and “Who to watch in 2019,” and more.

Staging is only one of the tools Supreme Auctions utilizes to market your home to qualified buyers in a timely manner. Their Accelerated Marketing Program greatly improves the chances of selling your luxury property in an auction to qualified and motivated bidders at or higher than its true market value.

To see if your home qualifies for Supreme Auctions’ Accelerated Marketing Program contact Supreme Auctions today or call 888-660-6456 today.