* A survey by Coldwell Banker Real Estate Corp. found that staged homes sell on average for more than 6% above the asking price, far above the typical staging cost of 3/4 to 1% of list price for vacant homes
* 83% of agents say that a staged home will sell faster than an unstaged home -- 2019 Top Agents Insights survey by Homelight
The amount you spend on staging is likely to be far less than the cost of even one price reduction. In fact, the return on investment in staging is often substantially more than the cost.
The longer a home stays on the market, the more likely the price will drop - either in terms of offers or in price reductions. So it pays to avoid lost equity by playing up your home's best features and downplaying any negative ones BEFORE you have your first open house.