Why Staging Your Home During a Hot Market is ImportantOctober 26, 2020
Despite the current health crisis, the real estate market in the GTA is hot right now. In fact, real estate in Toronto set records this past September even though COVID-19 cases have been rising.
There is still plenty of demand among buyers. Back in the spring when the market is traditionally supposed to be busy, the real estate market nearly came to a halt as the pandemic hit. Buyers and sellers put their plans on hold as they navigated the current situation.
But all that pent-up demand among buyers has spilled over into the summer and the fall, and we continue to see a hot market throughout Toronto and surrounding municipalities.
Traditionally, a hot real estate market is characterized by low inventory and high demand for what’s available. That’s exactly what we’re seeing right now.
Given this scenario, is it even worth it for sellers to have their homes staged? Wouldn’t they have an easy time selling without professional staging services?
The truth is, it’s always worth it to have your home professionally staged, even in a hot market, and here’s why.
There’s a Greater Sense of Urgency Among Buyers
During a hot market, buyers have a greater sense of urgency to make a move, which means they must move fast. In this case, they are more easily attracted by first impressions, and sellers can benefit from this heightened state of emotion by staging their homes.
You can also help buyers develop a closer connection with your home by staging for the season accordingly. And the fall is one of the best times to stage your home with all the gorgeous colours that are typical for this time of year.
Listing Photos Will Be More Appealing
Buyers start the process of finding and buying a new home online. They look at all the online photos of currently listed homes to decide which one they will book an appointment to see in person.
As such, the need for impeccable photos is even more important. And awesome images of staged homes will determine whether or not a prospective buyer will choose to visit your home and make an offer.
Keep Up With Buyer Expectations
Buyers are more sophisticated these days and have almost come to expect that the homes they visit will be professionally staged. It can be a turn-off for buyers to visit a home only to be met with an interior that looks like it’s lacking a professional touch. So, give buyers what they expect and have your home staged by the pros!
Increase Your Chances of Selling High in the Shortest Amount of Time
It’s been shown time and time again that homes that are properly staged sell for more money and in a shorter amount of time. This is the goal of every seller and can be achieved by having the home staged accordingly by a professional home stager.
If you are looking to have your home staged, call in the pros. Hope Designs has been in the staging biz for years and has a long track record of accolades to show for it. Get your home staged by Hope Designs today!