When buying a house, the first quality your client is looking for is how homey it feels. A compelling and authentic picture representing how the space looks fully furnished and decorated can do just that!
Virtual staging creates a virtual interior design for any space using virtual photo editing tools. It holds all the prospects to level up the house market scheme during the first stage of the buyers looking for a house with its easy and cost-effective way to help buyers look for a ‘home.’
Here are the top 10 benefits of virtual staging in real estate that can up your game in the seller’s market:
1. Maximizes the potential of a space
Traditionally, with empty spaces, your buyers are left with vague assumptions about how well the space they are considering fits their interior plans. You can never concretely define a space in terms of its size and how well all the furniture and appliances your buyers are planning to put in there fit or looks.
Virtual staging can do wonders for how buyers visualize the space–creating a picture in their imagination of everything they can do here with just a few swings and a flick of the magic of editing. From their style choices and color scheme to the size of the furniture, an ideal virtual staging maximizes the potential of any space by ‘staging’ an idea of how well the space caters to the buyer’s needs.
According to research by the National Association of Realtors (NAR), about 82 percent of real estate agents have noted that virtual staging helps attract buyers by giving them a look into what could be their future home.
While real staging–physically putting together a feasible interior look at space–can also give your buyers a similar experience, it can be quite expensive. Also, it comes with the hassle of teaming up with staging companies, hiring an interior designer, physically coordinating with furniture companies, and whatnot.
According to Home guide, sellers spend from $1,600 to $2,400 in real staging before selling the house. It costs around $200 to 600 for the initial design consultation for the staging.
Virtual staging deducts all expenses and replaces them with skilled graphic editors and interior design advisors to virtually create everything you need. The LCP media quotes that Virtual staging can lead to up to a 97% reduction in the cost as compared to real staging. On average, working with graphic editors to stage a room on the computer costs around $24 to 90. You are saving yourself from an intensely heavy budgeting sale and funding extensive design choices for the constant price of designing.
3. Saves time and Effort
We cannot stress enough time and effort you will save with virtual staging. The real staging generally takes up to a couple of weeks to a month, incorporating coordination with staging companies, interior designers, and deliveries. This is just the tip of the iceberg; you have the whole decorating part remaining, which demands labor work and more staff.
Before virtual staging was invented, it would feel unreal to think all that could be done in a matter of a day or two with endless options. You can have a fully designed house in only a week or so. Virtual staging saves time and effort to multiply productivity and minimize the lifespan of any property in the market.
4. Gives your buyers options
Virtual staging offers endless opportunities to try out certain, or even multiple, design styles. From rustic and bohemian to modern and industrial, you have the platform to give the buyers an option they want to see as their home, a design to match their aesthetics.
This makes virtual staging much more efficient, effort-wise, as it is flexible in experimenting with many design choices that real staging might have held you back from. It is when your designers can play around with what fits best with different aesthetics.
5. Helps you stand out
According to the National Association of REALTORS (NAR), 41 percent of real estate agents convey that buyers prefer to physically tour a house after seeing it online. Today, more and more future homeowners depend on the internet to surf through the housing market. Virtual staging can help you stand out in the online market.
They are more likely attracted to a lively and well-organized space rather than an empty home. The eye catches pleasant lighting, warm-colored furniture, and cozy rugs rather than plain walls and hardwood floors. It is assumed that the buyers will take a second look at how the interiors of the space have been put together, naturally making them feel right at home.
6. Gives your buyer an idea of the area of the room
With furniture neatly put together and evident open spaces that amplify a house’s spacious, comfortable and cozy nature, a buyer looking for options online can have a better glimpse of the size of a place. It is no wonder that having the upper hand in learning the area of the space one is looking at through their screen can help one contemplate whether it suits their lifestyle. It can be much harder, or near impossible, to get a hunch of the size and practicality of a space by just viewing an open space with no mentions of numbers.
Even if they have the numbers in hand, imagining how it would look with furniture put together can be misleading and, in some cases, disappointing.
7. Easily accessible
We are at a time where most people prefer easy and virtual accessibility, especially among the future homeowner crowd during their first stage of surfing the real estate market. Without virtual staging, that experience was far from feeling nearly as productive as physically touring a house.
Now, buyers can easily look up hundreds of house options by scrolling and swiping. It is much more convenient to shortlist the houses and their virtually staged interiors and have a selected handful of properties they can safely tour.
8. More creative freedom
There is only enough to do with real staging as it is limited to certain design options from the accessible market. Only some furniture or appliances at the store can perfectly align with the initial interior concept or a design you want to fit into your clients’ needs. That’s when the freedom of virtual staging comes in with ideal furniture and design choices to enhance the space’s look, capacity, and feasibility. Virtually designing naturally gives you a broader palette and an extensive interior design goal to achieve.
9. Enhancing your online presence
When the interior design of your space stands out, your company stands out. As realtors, how you present your space determines how many buyers you’ll attract and impress. Virtual staging fills that gap and allows you to enhance your online presence with admirable and wide-ranging design concepts. While your initial aim is to connect your buyers to a house, with virtual staging, you can also show possible interior options or simply how the space fits in with a fully done interior.
10. Declutter and organize
One of the most convenient benefits of virtual staging is its easy option to declutter and organize a space, especially when it is not feasible to do so at the time. It can be an ideal option to experiment and redecorate the space with common style choices that attract buyers. In addition, it eliminates the obligation to delay putting up a house on the market when it is still on the verge of renovation or construction. This also enhances time efficiency and gives buyers an early picture of what they can expect in the interested property.
Virtual Staging is one of the affordable ways to promote your real estate properties. As a realtor, it is better to opt-in for virtual staging services from a company. However, there are some things you must consider before hiring a staging company.