Friday, March 14, 2008

Since Today is all about Math....




Today is PI day, and for those of you who are into the math thing, PI is 3.14, which happens to be today! So, let's celebrate by quoting some fascinating Home Staging statistics!
  • Homes listed without staging took 163.7 days to sell. Homes listed and then staged took 13.7 days to sell, and home that were staged first, then listed, took 8.9 days.

  • More than 80 percent of the population cannot visualize a home's potential when viewing a home full of clutter and disorganization. Buyers want to feel they are receiving a good value for their money. A Staged Home will maximize space and amenities.

  • The average home buyer will make a decision to buy within the first 5 minutes. First impressions matter, which is why staging begins with curb appeal!

  • Stage your home first, and retain a higher sale price! A National Association of Realtors survey found that the longer a home stays on the market, the further below list price it drops. Homes that sold in the first 4 weeks averaged 1 percent more than the list price; 4 to 12 weeks averaged 5 percent less; 13 to 24 weeks averaged 6.4 percent less than list price; and 24 weeks averaged more than 10 percent less than list price.

  • Stage your home first, then take pictures and place on a web-site. According to the National Association of Realtors, 77% of people use the Internet to look at a property before viewing it in person.

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