Vacant Homes Sell For Less And Sit On The Market Longer [Infographic]
If you want to sell your home for top dollar, don’t move out. According to a recent study from Redfin, vacant homes sell for $11,306 less than occupied homes and spend six more days on market. So if you’re thinking of getting ahead of the big move before your big sale, you might want to think again. Leaving a home vacant gives buyers an upper hand because it signals to them that you’re not in a hurry and they can take their time making a decision.
Can’t avoid a vacant home? If staying in your current property just doesn’t fit your timeline or situation, staging can help your home sell for top dollar. Staging companies bring in furniture and dress up your home for optimal viewing. In fact, 83% of buyers’ agents say staging makes it easier for buyers to visual the place as their own according to the 2019 Profile of Home Staging. And, according to sellers agents, staging reportedly increased the dollar value offered by buyers up to 10%!