Does Styling Boost Your Sales Price?
When, why and how to style your home
Property Styling your home will boost final sales price from 7.5 per cent to 12.5 per cent, according to a survey of the top agents in the LJ Hooker network in Australia. However, only 22 per cent of real estate agents believe it is useful to style a rental property.
The surveyed real estate agents were strikingly unanimous in their opinion of how much styling can impact the sales price. The real esate agents surveyed represent the best real estate knowledge available in Australia, and consist of 23 members of LJ Hooker's elite Innovation Team.
Property Styling means to decorate and organize your home and garden to look their best on inspection days. Vendors can style their own property, but LJ Hooker real estate agents agree it is better to hire a professional property stylist who can view your home with objectivity and has experience of persuading buyers.
The benefits of home styling
• Higher sales price
• Quicker sale
• More bidders, offers or interested parties
87% of top real estate agents believe you will earn a higher price by property styling, while about half think you will receive more offers.
When does it make sense to style a property?
It is most important style a property when it is empty, messy, dirty, crowded or poorly decorated. Interestingly, it seldom pays to style an inexpensive property because the investment doesn't yield sufficient return.
Agents' overall best property styling tips are to get rid of smells, clutter and dirt; clean up and trim the garden; display fresh towels and throw pillows and repaint walls, refinish floors and re-grout old tiling.
Many people believe that buyers are entranced by the smells of baking cookies, bread or brewing coffee during inspections. However, few real estate agents agree. Most felt that buyers have a negative reaction, worrying that the pleasant smells are intended to mask something undesirable.
Instead, agents' top tips for the day of inspection are to remove pets and their paraphernalia, clean up the garage and closets and display fresh, cut flowers.
L.Janusz Hooker - CEO
- Download our Complete 26 Page Selling Guide
- The Property Sales Process
- Different ways to sell a house
- Choosing A Real Estate Agent
- Darren Palmer's Styling to Sell Tips
- Selling Style Checklist
- Market Research - Does Styling Boost Your Sales Price?
- When to Sell Your Property
- Determining the Sale Price
- Advertise Your Property For Sale
For more Tips on Selling your property, join myLJ Hooker, our FREE member reference area myLJHooker