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Reply to "The value of staging ?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Agent here. I pay for and stage everything from the humblest condo to the biggest new house. All of them have sold in less than two weeks, usually a weekend. Because I get properties sold quickly, I get more business. One new listing pays for all of my staging for the year Most agents are unsuccessful and cheap. They will not pay for staging. Houses do not sell as fast. They do not get business. They remain unsuccessful. [/quote] But what's your rate? If it's higher than 5%, then you're just passing on the cost to your clients. Also, are you selling in Bethesda or Olney?[/quote] Arlington. 5%. If I represented seller in a purchase 4.5%. Wrapping up the sale of a listing that sold for 8.9% above best comp from March 2023. No contingencies. Sellers are pleased. [/quote] You’ve only sold this one house since March? In a desirable close-in neighborhood? What about the other sales you made where you foisted staging and your own contractors on the sellers with less success? I suppose it was still a win for you, if not for the sellers. [/quote] Despite your lack of reading comprehension skills, let me explain: "the sale of a listing that sold for 8.9% above best comp from March 2023." This means in the particular neighborhood, only one similar house sold since 2023. When establishing prices for a house a real estate agent looks for similar houses that are called "comparable sales" or "comp" as most people who read the real estate forum understand. I have listed or represented buyers in the sales of 27 properties since January 2023. I have five pending sales that will close by mid-September. I don't have any listings that haven't sold except for three new construction properties that are barely begun. I am putting one new listing on the market on Saturday and it was staged today. I paid for the staging. A painter will start painting another listing on August 5. Happy to keep you up to date on my sales through the year. I enjoy foisting things on those of a limited sort. [/quote]
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