Important Info for Working out the Costs of Selling a Home!
If you are making the wise decision to get some home staging for your home before you sell it, firstly, great decision and secondly, home staging is a terrific investment that will allow you to receive a more-than-fair return on your investment.
But if you’re wondering who pays for home staging, the agent or the seller, read on for some help and advice from our team here at Stylebite, the best home staging company in Toronto!
So, You’re Selling A Home…
Chances are, you are selling through a real estate agent or realtor – this is a good decision, as realtors are obligated to work to a high standard of conduct and provide you with professional conduct and quality service at all times.
Their job is to be knowledgeable about the latest updates in real estate, providing you with information like price comparisons, local neighbourhood trends, information about the housing market and – crucially – they must enable the sale of your property to benefit you.
Who Should Pay for Home Staging?
You or the agent?
Here at Stylebite, our experience has shown us both scenarios – usually, whoever pays for home staging depends on the agreement/ commission structure between the agent and you as the owner, as well as how you choose to move forward.
Some agents provide full complimentary professional staging as part of their marketing strategy – if you are searching for an agent at the moment, it is well worth asking them the question of what is included in their marketing fees.
In most cases, a client pays for home staging upfront, then the agent reimburses once the property is sold. An agent may offer to pay for the initial consultation, but this must be agreed upon between both parties.
Reminder: What is Home Staging?
You probably already know what is involved in the process, but let’s remind ourselves what is included in making your listing super attractive when you’re selling a home!
- Repairing and replacing – this means anything that has wear and tear or has become outdated, for example, carpets, light fixtures, areas of the walls that look scuffed and so on.
- Repurposing – an area or room that might have worked for you before might not impress a potential buyer. This can apply to things like your practical use in a room – many of us have been using our homes as workspaces in the last couple of years, so you can turn your home office back into a dining room or guest room so that buyers can imagine living here much more easily.
- Emphasizing the good stuff – we will instantly pick out a room’s best features to make it look bigger and brighter with fewer flaws! (Call it a superpower…) If you require occupied home staging – in other words, you still live in your home – we might shuffle any existing furniture into different positions. We might also emphasize a room you hadn’t considered a selling point – we may feel that staging a basement or driveway will be worth doing, to show your buyers that there is extra space for their interests and activities.
- Clearing the clutter – we will also provide recommendations for de-cluttering & re-organization. We will then employ tricks like painting with more neutral shades if needed, plus expertly making adjustments to depersonalize your home a little bit. We understand if that sounds a little sad, but don’t forget that, when you put your home on the market, it is no longer all yours – but don’t worry, you will be in your new home before you know it!
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