The Benefits of Virtual Staging and Renovation

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Here’s to you savvy professional- need help trying or re-trying virtual staging, renovation or rendering? We’re here to help! Learn more about the steps and how it works: virtuallyrestaged.com/how-it-works/

KK Hart, Owner/Expert

It is difficult to sell a house, especially an empty home. It is a lot of hassle to market your home and schedule showing in a traditional home staging style; however, virtual staging is a better way to show your listings. Virtual staging is a great way to connect with your buyers, as well as giving them a visual of what the home can look like. First, I am going to share what exactly is virtual staging and how it is done. Virtual staging is a type of home staging in interior design with photorealistic rendering. In other words, it is the process of using 3D design to furnish an empty home showing. It is a cost-effective alternative to traditional home staging. 

Virtual staging technology utilizes graphic software and applications to digitally place furniture inside a home and list them online. It is done by inserting professional photos inside a room with the help of graphic software. Like traditional staging, you can add details such as painting, lighting, rugs, and more home decor tools. The first thing to do is to take professional photos of the property with the right angle so you can add the interior designs virtually. It is fast and effective to virtually stage a home, the possibilities are endless. Home staging is evolving with the help of technology, there are many benefits to virtually staging a home.

It will save you money

This is the most important benefit of virtual staging because when you own a business, you want to have fewer liabilities than assets. Realtors use virtual staging to save money when showing a listing. Home staging is essential to selling the house, it is very expensive to buy the furniture for each room of the house. In addition to the furniture, adding details to the home is expensive as well. You can avoid all this spending with virtual staging. 

Our virtual staging can cost anywhere between $40 to $130 for each room- depending on the complexity of your staging needs; compare to traditional home staging that can cost anywhere from $600 to $900 for each room. In addition to virtually staging your home, the consultation cost for traditional staging range between $300 to $400 while we provide this absolutely free of cost. These are only a few reasons why virtually staging a home will save you a ton of money! Agents we work with say that virtual staging increases their selling price by at least 20-40 percent. You will not only decrease your liability, but you will increase your profit by virtually staging your home.

You will sell your home faster

Home selling can be a lengthy process because many potential buyers are scheduling to see your home. When you virtually stage a home, buyers can see it at their convenience which can sell the home faster by allowing potential buyers a chance to envision themselves in the property. Imagine hiring a team moving heavy pieces of furniture inside a home for a showing. Or, gasp! Doing it yourself…   It will take time and energy to get it done. Staging a home is so important because you must get all the details right. When you are moving furniture around or maybe switching them to have a picture-perfect home, it is time-consuming and laborious. We think your time can be better valued. 

Studies show that 87 percent of agents confirmed that virtual staging reduces the time their listing stays on the market. It sparks more interest when a home is virtually staged than traditional staging. Think about it, we are living in a world where technology is constantly evolving, and most people look online first before reaching out to an agent. When you have your listings virtually staged, they are more likely to reach out to you. Furthermore, the faster you sell a home the more time you will have to sell more listings or enjoy a nice vacation with your family. Or more importantly, sell more listings 🙂

You will inspire the Homebuyer

Homebuyers are usually excited, and open-minded to find their new happy place, a place to call home. They are optimistic and eager to move to a new place.  Many homebuyers come to the market somewhat unsure of what they are looking for and what they can afford that matches their needs, they may have some ideas but not the bigger picture. When you show them a virtual staging of the home you are selling it may inspire them to buy your listing because of the interior design of the home. You don’t have to buy the furniture or carry them in the home to impress the homebuyer, virtual staging will do the job!

Studies show that 90 percent of agents say their clients show more interest when a home has been staged. This proves that virtual staging will increase your chance of selling the home at a faster rate by inspiring homebuyers with a specific vision of the home. Virtual staging helps them see how big or small the home is after adding the furniture. This is a great way to visualize the actual size of a home for homebuyers that will potentially buy the house.

Target a specific market

Homebuyers are diverse, maybe someone is looking for an in-home office while another is looking for extra space for workout sessions. There are many ways you can inspire an individual to purchase a home, you can easily declutter and redecorate with virtual staging. This is actually another great benefit of virtual staging, for instance, is your client looking for a modern or a rustic look for the place? What kind of lifestyle does your client have? Maybe you are helping a business owner, a coach, a professor, or even someone that travels a lot. All these individuals will have a specific preference for what they would like to see in a home. Some may prefer a large open space while others want a warmer feeling in the room. You can use the tools of virtual staging to satisfy the potential buyer’s specific style. Virtual staging gives you the power to quickly remove and replace some furniture to fit the buyer’s preference. There are SO many possibilities when you choose to virtually stage a home!

Recap

There is no doubt that utilizing virtual staging will benefit you and your business because you will save money and time. Your time and efficiency are the most valuable assets to your business because it’s precisely what you need to increase your earnings in less time. Virtual staging allows you to change the paint, declutter and relocate, set the right lighting mood in the pictures, and more.  It is the future of home buying because it is what savvy realtors, remodelers/flippers and builders are leaning toward to increase profit and sell homes faster. The traditional home staging will cost you a lot more and force you to put a lot more effort into selling a property than virtual staging. We truly believe virtual staging is the new normal… and we’re loving supporting all of you to help you leverage this amazing trend.

Homebuyers are looking for inspiration, they are diverse people with different backgrounds. Virtual staging allows you to work with each one of them with their specific preference to increase your chance of selling the home by 87 percent. The using of virtual staging and renovation can help buyers to better understand the potential of the home. Not to mention, most people go online first to look for a house, then reach out to the seller. If you can impress them with the help of virtual staging, you will have your next potential buyer while selling more listings!