Home Staging
Definition of "Home Staging"
If “image is everything”, then home staging is the most important and effective process in a real estate sale.
But what is home staging?
Well, when real estate agents are hired to sell a house, they hire a professional to enhance the features of that house and make it look bigger and better so the home buyer gets attracted to it and makes a good offer on the house. This action of highlighting the best of the property and hiding the worst of it is called Home Staging.
Home stager is the name of the professional hired to do the home staging, and he (or she) usually makes sure the natural light entering the house is not blocked by anything, nor is the passage of people: in fact, one of the key principles of home staging is re-arranging the house and its furniture in a way that it helps home buyers to flow through the open houses and showings they attend. It’s all about decluttering, organizing and creating an illusion to suggest the possible home buyers a view into their future inside that house.
There are some that are critics toward home staging. They believe it narrows down the possible pool of home buyers because if the home stager does something too specific, it might throw some people off.
To that, the response coming from home stagers is usually to stage each room in a different way, with a different design trend for each room, so it expands the chances of pleasing more than one type of person. But aside from becoming more expensive, it makes the home staging less cohesive, almost gimmicky. So, the response coming from real estate agents to that criticism is usually doing a Vanilla Shell.
However, another way to look at it, is that anyone can be thrown off by a number of things no one can calculate, so it’s smarter to focus not on the people that might not like a specific trend of that home stage, but on the people that do follow that trend, and will be impacted by seeing it well displayed on that house. So, in the end, what’s important in a home staging is knowing your target audience, so it will commit to an aesthetic and enhance the house features within that point-of-view. By doing that, the chances of selling the house – for the best price you can – are greatly increased.
Real Estate tip:
Don’t stage your knowledge. Find a local real estate agent to be your best weapon toward the best sale!
Popular Real Estate Terms
model depicting on paper what a structure physically looks like. The dimensions are draw on a proportionate basis to the real thing. An example is a scale of an existing or proposed office ...
The unadjusted basis of assets is the actual price paid for purchasing an asset without any reductions from depreciation deductions. In order words, the unadjusted basis is an asset’s ...
Giving of a promise or guarantee to the receiver to instill confidence. ...
Deed used to transfer property rights to a governmental authority. ...
The definition of the term right of way is an easement or the right of another person to pass over land owned by someone else to reach a particular destination. An individual is typically ...
Market price pf all the property prior to a condemnation proceeding. ...
Action that is beyond that allowed legally. Examples are charging illegally high interest rate on mortgages and real estate exceeding the amount permissible by legal statute, and a real ...
The occupancy ratio is the ratio of rented or used space to the total amount of space available. An occupancy ratio or occupancy rate is used by analysts when hospitals, senior housing, ...
The term actual notice is used most often in connection with property law, but the concept can also be applied in other law areas. To define actual notice, we can look at the two major ...
Have a question or comment?
We're here to help.