Property investors should use Home Staging because it offers numerous benefits that can greatly enhance investment returns. Here are some compelling reasons why property investors should consider incorporating Home Staging into their investment strategy:
1. Return on Investment: While Home Staging requires an initial investment, the potential return on investment is significant. Studies have shown that staged properties tend to sell for higher prices and spend less time on the market compared to non-staged properties. By investing in Home Staging, property investors can increase the value of their investment and achieve a higher return when selling or renting the property.
2. Faster Sales or Rentals: In a competitive real estate market, time is critical. Home Staging can expedite the selling or renting process by attracting more potential buyers or tenants. A well-staged property stands out among the competition, capturing the attention of potential clients and increasing the likelihood of a quick transaction.
3. Competitive Advantage: In a saturated real estate market, standing out from the competition is crucial. Home Staging gives property investors a competitive edge by making their property more memorable and visually appealing. When potential buyers or tenants are comparing multiple properties, a staged property is more likely to leave a lasting impression, increasing the chances of securing a deal.
4. Visualising Potential: Home Staging helps potential buyers or tenants visualise the full potential of a property. Empty or poorly furnished spaces can be difficult for people to imagine living in. Staging provides a clear vision of how space can be utilised and decorated, making it easier for potential clients to see themselves living there. This visualisation can lead to a stronger emotional connection and a higher likelihood of making an offer or signing a lease.Â
Home Staging is an indispensable practice for property developers and investors. By enhancing the overall presentation of a property, staging increases its value, attracts potential buyers or tenants, and expedites the sales or rental process. The emotional appeal created through staging enables potential clients to envision themselves living in the space, ultimately leading to higher offers and faster transactions. In a competitive real estate market, Home Staging is an increasingly indispensable tool that can significantly impact the success and profitability of property development and investment ventures.
About the Author
Victoria Rodgers is the founder and Director of ‘VMRHomeStaging’, which offers a variety of bespoke home-staging and styling services to homeowners, landlords and property developers/investors in stage to sell, stage to rent, serviced accommodation, HMO and holiday lettings markets.Victoria is based primarily on the edge of Sheffield, a stone’s throw from the Peak District and over the past seven years has staged hundreds of properties across not only Yorkshire and the Midlands but also across the rest of the UK (and buffed up literally thousands of cushions!)Â
Victoria has two beautiful daughters, a supportive husband and two lively dogs. Prior to developing ‘VMR HomeStaging’, Victoria was a police detective, aiming to catch criminals. Nowadays, her high-impact home-staging and styling solutions catch the eye of potential buyers and tenants, thus enabling clients to sell and rent their property assets at higher prices for higher and quicker returns!