Who Pays for Staging of the Home for Sale? And How Much it Costs?
Who usually pays for the staging when listing home for sale? Seller or broker?
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Generally, the seller pays for home staging.
Seller Responsibility: Staging is considered a pre-marketing expense that can significantly enhance the presentation of the home and attract more buyers.
Broker's role: While some brokers may offer staging as a service, it's not typically included in their standard commission. They may, however, recommend stagers and provide guidance on the staging process.
However, there can be exceptions:
Negotiation: Sellers and agents can negotiate the cost of staging.
Broker Incentives: Some agents may offer to contribute to staging costs, especially if they believe it will significantly increase the home's value and their commission.
Market conditions: In highly competitive seller's markets, agents may be more willing to contribute to staging costs to make a property stand out.
Ultimately, the responsibility for staging costs is determined by the agreement between the seller and their real estate broker.
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How Much Staging Usually Costs?
The cost of home staging can vary significantly depending on several factors, including:
Size of the home: Larger homes naturally require more furniture, accessories, and professional styling, will cost more than staging an occupied home, as it often requires renting furniture and accessories.
Scope of the project: A full staging, including furniture rental, accessories, and professional styling, will cost more than a consultation or minor rearranging.
Vacancy status: Staging a vacant home typically costs more than staging an occupied home, as it often requires renting furniture and accessories.
Local Market Conditions: Costs can vary depending on the local real estate market and the availability of staging professionals.
Stager's experience and expertise: Experienced and highly-regarded stagers may charge higher rates.
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Here's a general idea of costs:
Consultation: $150 - $600
Staging Services (per month): $500 - $2,000+
Furniture Rental (per month): $500 - $2,000+
As a general rule of thumb, many real estate professionals recommend budgeting 1-3% of the home's list price for staging.
Important Note: These are just estimates, and it's crucial to get quotes from several professional stagers in your area to determine the exact costs for your specific situation.
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