What is the cost of NOT using a professional home stager
The formula goes like this:
Daily cost of House X Days on the Market (DOM) = Total Cost
An Unstaged Listing…imagine a $200K house for sale
Mortgage of $1500 + (HOA, Water, Gas avg.) $200 = $1700 monthly expense/30 days = $57 price per day
$57×270 days sitting (typical days on market) = $15,390
But wait! Sales price falls 1% every month it sits, so
$15,390 + (2Kx9months) $18,000 = $33,390 Total Cost for an UNSTAGED home on the market
Now the same listing, professionally staged!
$57 day x 60 DOM (avg DOM for STAGED home) = $3,420 + (2K x 2 MO) = $7,420 + $1500 (staging fee) = $8,920 Total Cost for a staged home
$33,390 was UNSTAGED – $8,920 for a STAGED home = $24,470 is the COST of NOT using a Professional Home Stager!
Did we also mention the stress+headache+hassle?