In a recent blog The Homeowner Raised the Listing Price $200,000 AFTER STAGING!!! I wrote that the homeowner was so excited after we staged his home that he raised the listing price by $200,000.00 from $2.78 million to $2.98 million. Well, the home has sold already and escrow has closed! The homeowner did not get the original $200,000.00 bump he had hoped for after staging, but he did get an additional $80,000.00 he would not have gotten if he hadn't staged the house. We staged the home on June 15, 16, & 17. The one and only open house (Realtors Caravan) was held on June 20 (Wednesday). The first offers (multiple) came in on Friday, June 22. Escrow closed last Thursday, July 12.
How's this for statistics:
- Days on market before an accepted offer - 5!
- Days on market from MLS listing to close of escrow - 22!
- Value added by staging - $80,000.00!
This is an excellent example of the value hiring a Professional Home Stager to enhance your property regardless of how grand the home.
In addition, the home buyer purchased all of the Persian rugs, French tapestries and furniture from my company Moving Mountains Design after the purchase of the home was negotiated. This turned out to be a win-win-win situation for all involved.
You can view additional photos of the house at Before & After Pics of "The Big House" .
The home buyer loved the way the house was staged so much that they purchased all of the rugs, tapestries & furniture, plus some of the accessories after escrow closed!
Michelle Minch is the President of Moving Mountains Design, a full service Home Staging and Interior Design corporation, located in Pasadena, CA. You can visit our website at www.MovingMountainsDesign.com.
2015 RESA Professional Stager of the Year
2014 RESA Top 10 Professional Home Stager2010 RESA Professional Stager of the Year
Michelle has staged hundreds of Los Angeles homes, many of which have sold with multiple offers, above listing price.
She works with home sellers, listing agent, builders, flippers and asset managers to prepare homes for sale throughout Los Angeles and North Orange County.
Moving Mountains Design provides vacant home staging, color consultations, corporate and executive relocations, and interior design. We also stage model homes, REOs, foreclosures and auction properties for real estate investors and asset managers. Builders hire us to stage their models or to help move inventory when sales slow down.
For more information about our Los Angeles home staging services, contact Michelle at (626)385-8852 or by email.
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