During the selling process, home owners face a lot of decision making. If you are fortunate enough to be one of the owners that can move out while showing their house, you can choose between leaving your house empty or staging it for showings. Here are a few benefits and cons of each.
Benefits of Staging
Have you ever noticed that builders decorate their model homes from top to bottom? The living rooms are filled with comfortable furniture while kitchen tables are set with elaborate dinnerware. The staging helps the home feel warm, inviting, clean and spacious. You want potential buyers to be able to picture themselves living there. Realtors, staging professionals and even savvy homeowners can use staging to set their house apart from similar ones that are vacant or poorly staged. This can help with a faster sale.
Benefits of Leaving Empty
Although a vacant house may not look as inviting as a staged home, leaving it empty does offer some benefits. Some may find it hard to visualize the potential of the space while others like picky decorators actually find it easier to envision the possibilities. They feel like they have a blank canvas to work with. Another benefit is that a vacant house highlights that the home is available right away due to the owners already moving on. A clean, vacant house allows buyers to focus on architectural and design elements which can entice a quick sale.
Cons of Staging
Ultimately, staging your home can take a lot of time, effort and money. Even more money if you hire a professional to help you. You can begin the staging process by packing all personal items. Next, make the rooms appear larger and more spacious by removing any excess furniture. Living in a staged home can also take some adjusting. You will be living in a decorated space that must look picture perfect on a moment’s notice. This can be especially difficult for families with children and/or pets. The alternative is staging your house and moving out. But you will still have to leave key furniture pieces in place or rent furniture for the duration of the sale.
Cons of Leaving Empty
Unlike a staged home, a vacant just doesn’t provide that warm, fuzzy feeling that potential buyers crave. Less than perfect quality including scratched floors or stained carpet tend to stand out more in an empty space. Potential buyers may also make offers below the asking price or market value. They might think that you will take a lower offer because the owner is no longer living there and would like to sell sooner than later. A vacant house might sell slower and at a lower price.