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RESA Reports May 2015 ® real estate Staging Pricing Brought to you by the Real Estate Staging Association www.RealEstateStagingAssociation.com Photo Courtesy of Moving Mountains Design

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Page 1: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

RESA Reports M

ay

201

5 ®

real estate StagingPricing

Brought to you by the Real Estate Staging Associationwww.RealEstateStagingAssociation.com

Photo Courtesy of Moving Mountains Design

Page 2: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

Real Estate Staging

The RESA Report on Real Estate Staging Pricing will guide you through the different service levels professional real estate stagers offer.

Professional real estate stagers offer four main types of services:

• Walk and Talk Consultations• Written Consultations• Occupied Staging• Vacant Staging

Each home is unique with regard to the scope of work that needs to be completed for the best outcome. Prices vary depending on different factors of each project.

Real Estate Staging is the act of preparing and showcasing residential or commercial prop-erty for sale. It is a systematic and coordinated methodology in which knowledge of real estate, home renovations and creative design principles are applied to attract a buyer. Preparing property involves all or part of cleaning, de-cluttering, updating and repairing, while showcasing is the process of arranging furniture, accessories, art and light. Whether the property is owner-occupied, or vacant, staging is recommended before listing a property. It can be equally effective after a property has been on the market for an ex-tended period unsold.

Page 3: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

Q. Do you provide Walk and Talk Consultations?

A. 88.73% Yes 11.27% No

Q. How often does the agent pay for the Walk and Talk Consultation?

A. 89% of the time

Walk and Talk Consultations

RESA® Members Were Asked

A Walk and Talk Consultation is a verbal consultation in which the stager gives advice to the home owner and/or listing agent (they take notes) to get the home into market-ready condition. It may include cosmetic fixes, furniture placement, and actual staging advice. The homeowner or agent may then choose to do the work themselves, do some of the work themselves and hire the stager to do a portion of the work, or hire the stager to do everything.

Real Estate stagers were asked what their fee is for a one to two-hour Walk and Talk Consultation.

Results based on a survey of professional real estate stagers in the United States.

Walk and Talk Consultations

Square Feet Investment Ranges

1,000 Sq. Ft. or less $200.00 to $500.00

1,001 - 2,000 Sq. Ft. $200.00 to $500.00

2,001 - 2,500 Sq. Ft. $200.00 to $525.00

2,501 - 3,000 Sq. Ft. $250.00 to $525.00

3,001 - 3,500 Sq. Ft. $250.00 to $750.00

3,501 - 4,500 Sq. Ft. $300.00 to $750.00

4,501 - 5,500 Sq. Ft. $300.00 to $800.00

Page 4: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

Written Consultations

Square Feet Investment Ranges

1,000 Sq. Ft. or less $225.00 to $595.00

1,001 - 2,000 Sq. Ft. $225.00 to $595.00

2,001 - 2,500 Sq. Ft. $245.00 to $750.00

2,501 - 3,000 Sq. Ft. $265.00 to $750.00

3,001 - 3,500 Sq. Ft. $300.00 to $850.00

3,501 - 4,500 Sq. Ft. $335.00 to $899.00

4,501 - 5,500 Sq. Ft. $365.00 to $1,500.00

FACT:

From start to finish (viewing the property, taking photos, viewing photos, creating the written report) it can take 2-5 hours to prepare a written consultation.

Page 5: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

Written Consultations

A written consultation is described as the stager views the property, takes photos, and provides a written report (giving the homeowner or listing agent all the information on cosmetic advice and how they can stage the home themselves).

Reports may include check lists for:• Common repairs• Cleaning• Curb appeal• Declutter advice

In addition, the report may include information on:• Furniture placement• Paint color changes• Accesssories• Art and lighting

Q. How often does the agent pay for the written consultation?

A. 79% of the time

FACT:

76% of professional real estate stagers provide written consultations.

Page 6: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

Photos courtesy ofTransistions Home Staging

Before Staging

After Staging

Photos courtesy ofStaged 2 Sell Solutions, Inc.

Page 7: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

An occupied staging is described as staging a property using primarily the homeowner’s furnishings. Stagers may bring in accessories and/or a few key pieces, i.e. end table, nightstand.

Occupied Staging

Occupied Real Estate Staging

Square Feet Investment Ranges Staging Fee Onlywith no additional accessories or furniture **Additional Rental Fee Averages

1,000 Sq. Ft. or less $766.00 to $3,200.00 $225.00

1,001 - 2,000 Sq. Ft. $900.00 to $3,200.00 $270.00

2,001 - 2,500 Sq. Ft. $1,150.00 to $3,700.00 $340.00

2,501 - 3,000 Sq. Ft. $1,200.00 to $4,200.00 $390.00

3,001 - 3,500 Sq. Ft. $1,500.00 to $5,500.00 $460.00

3,501 - 4,500 Sq. Ft. $1,700.00 to $6,500.00 $540.00

4,501 - 5,500 Sq. Ft. $2,000.00 to $6,900.00 $600.00

*A small percentage of very high-end properties may require an advanced level of advice and furnishings, and the cost of providing these services may be higher than stated in this survey.

Page 8: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

Vacant Staging ServicesA vacant staging is described as a staging in which the stager supplies all the furniture, artwork and accessories for an unoccupied home.

Vacant Real Estate Staging

Square Feet Investment Ranges

1,000 Sq. Ft. or less $1,995.00 to $3,200.00

1,001 - 2,000 Sq. Ft. $2,400.00 to $4,900.00

2,001 - 2,500 Sq. Ft. $2,900.00 to $5,250.00

2,501 - 3,000 Sq. Ft. $3,300.00 to $6,000.00

3,001 - 3,500 Sq. Ft. $4,000.00 to $7,000.00

3,501 - 4,500 Sq. Ft. $4,600.00 to $7,500.00

4,501 - 5,500 Sq. Ft. $4,500.00 to $8,500.00

A small percentage of very high-end properties may require an advanced level of advice and furnishings, and the cost of providing these services may be higher than stated in this survey.

Fees shown reflect the initial staging investment and the average monthly rental fee. Additional month(s) of rental may be required so be sure to ask your professional real estate stager about additional monthly rental fees.

Occupied Home Staging Fee Ranges for homes, by sq. ft:

Page 9: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

RESA Members Were Asked

Q. Do you provide vacant staging services?

A. 90.39% Yes

Q. How often does the agent pay for the staging fees?

A. 100% of the time 1.50% 75% of the time 4.24% 50% of the time 7.48% 25% of the time 13.22% 20% of the time 26.93% Never 46.63%

Q. When do you usually get paid for your services? (most of the time)

A. Partial deposit before staging begins; Balance upon completion 45.03% In Full - Prior to staging completion 26.49%

Photo courtesy of Upstaging Limited

Page 10: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

State Walk and Talk Consultation

Written Consultation

Occupied Staging Staging Fee w/ Some Rental Vacant Staging

AZ $250.00 $275.00 $1,000.00 to $2,000.00 $1,400.00 to $2,000.00

CA $275.00 $300.00 $1,700.00 to $4,800.00 $2,900.00 to $5,500.00

CO $200.00 $225.00 $800 to $1,000.00 $1,500.00 to $2,800.00

CT $290.00 $325.00 $800.00 to $1,200.00 $1,650.00 to $2,000.00

FL $200.00 $250.00 $800.00 to $1,000.00 $2,400.00 to $2,700.00

GA $250.00 $350.00 $1,300.00 to $2,500.00 $1,500.00 to $2,800.00

HI $240.00 $420.00 $700.00 to $1,000.00 $1,350.00 to $2,000.00

IA $150.00 $185.00 $700.00 to $900.00 $1,300.00 to $2,000.00

IL $190.00 $270.00 $950.00 to $1,950.00 $1,800.00 to $3,000.00

IN $220.00 $360.00 $800.00 to $1,000.00 $975.00 to $1,500.00

KS $255.00 $290.00 $700.00 to $1,000.00 $1,700.00 to $2,700.00

LA $100.00 $150.00 $1,400.00 to $1,900.00 $3,400.00 to $4,200.00

MA $230.00 $280.00 $1,500.00 to $3,800.00 $3,000.00 to $5,500.00

MD $275.00 $275.00 $2,600.00 to $4,400.00 $2,800.00 to $4,750.00

ME $250.00 $250.00 $1,600.00 to $2,700.00 $4,100.00 to $5,300.00

MI $230.00 $290.00 $1,225.00 to $2,900.00 $1,225.00 to $2,900.00

MN $200.00 $225.00 $1,850.00 to $2,900.00 $1,850.00 to $2,050.00

MO $240.00 $175.00 $3,000.00 to $2,500.00 $1,800.00 to $2,000.00

NC $220.00 $225.00 $1,100.00 to $2,000.00 $1,900.00 to $3,400.00

NH $195.00 $255.00 $1,000.00 to $1,400.00 $1,900.00 to $2,800.00

NJ $240.00 $300.00 $1,360.00 to $2,600.00 $3,000.00 to $3,800.00

Real Estate Staging Fees by State2,501 - 3,000 Sq. Ft. Home

Page 11: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

State Walk and Talk Consultation

Written Consultation

Occupied Staging Staging Fee w/ Some Rental Vacant Staging

AZ $250.00 $275.00 $1,000.00 to $2,000.00 $1,400.00 to $2,000.00

CA $275.00 $300.00 $1,700.00 to $4,800.00 $2,900.00 to $5,500.00

CO $200.00 $225.00 $800 to $1,000.00 $1,500.00 to $2,800.00

CT $290.00 $325.00 $800.00 to $1,200.00 $1,650.00 to $2,000.00

FL $200.00 $250.00 $800.00 to $1,000.00 $2,400.00 to $2,700.00

GA $250.00 $350.00 $1,300.00 to $2,500.00 $1,500.00 to $2,800.00

HI $240.00 $420.00 $700.00 to $1,000.00 $1,350.00 to $2,000.00

IA $150.00 $185.00 $700.00 to $900.00 $1,300.00 to $2,000.00

IL $190.00 $270.00 $950.00 to $1,950.00 $1,800.00 to $3,000.00

IN $220.00 $360.00 $800.00 to $1,000.00 $975.00 to $1,500.00

KS $255.00 $290.00 $700.00 to $1,000.00 $1,700.00 to $2,700.00

LA $100.00 $150.00 $1,400.00 to $1,900.00 $3,400.00 to $4,200.00

MA $230.00 $280.00 $1,500.00 to $3,800.00 $3,000.00 to $5,500.00

MD $275.00 $275.00 $2,600.00 to $4,400.00 $2,800.00 to $4,750.00

ME $250.00 $250.00 $1,600.00 to $2,700.00 $4,100.00 to $5,300.00

MI $230.00 $290.00 $1,225.00 to $2,900.00 $1,225.00 to $2,900.00

MN $200.00 $225.00 $1,850.00 to $2,900.00 $1,850.00 to $2,050.00

MO $240.00 $175.00 $3,000.00 to $2,500.00 $1,800.00 to $2,000.00

NC $220.00 $225.00 $1,100.00 to $2,000.00 $1,900.00 to $3,400.00

NH $195.00 $255.00 $1,000.00 to $1,400.00 $1,900.00 to $2,800.00

NJ $240.00 $300.00 $1,360.00 to $2,600.00 $3,000.00 to $3,800.00

State Walk and Talk Consultation

Written Consultation

Occupied Staging Staging Fee w/ Some Rental Vacant Staging

NY $300.00 $400.00 $1,250.00 to $2,175.00 $2,300.00 to $3,700.00

OH $250.00 $300.00 $775.00 to $1,050.00 $2,000.00 to $3,000.00

OK $200.00 $275.00 $1,025.00 to $1,400.00 $1,700.00 to $2,200.00

OR $175.00 $250.00 $1,000.00 to $1,450.00 $2,100.00 to $2,900.00

PA $220.00 $260.00 $550.00 to $1,000.00 $1,875.00 to $2,750.00

SC $200.00 $250.00 $475.00 to $1,00.00 $1,200.00 to $1,800.00

TN $225.00 $250.00 $800.00 to $1,200.00 $1,100.00 to $1,800.00

TX $200.00 $300.00 $1,600.00 to $2,700.00 $2,500.00 to $4,900.00

VA $250..00 $400.00 $1,200.00 to $2,700.00 $3,000.00 to $4,400.00

WA $250.00 $300.00 $1,100.00 to $2,500.00 $2,500.00 to $3,400.00

WI $200.00 $250.00 $900.00 to $1,800.00 $2,400.00 to $3,400.00

*Fees shown are average ranges for a property with 2,501 - 3,000 sq.ft. Fees will vary based on the sq. ft. of the house, the number of rooms, and the amount of furniture/accessories needed to complete the staging.

**Only states with adequate data submissions are shown.

*** Fees shown reflect the initial staging investment and the average monthly rental fee. Additional month(s) of rental may be required so be sure to ask your professional real estate stager about additional monthly rental fees.

Page 12: RESA Reports · furnishings, and the cost of providing these services may be higher than stated in this survey. Fees shown reflect the initial staging investment and the average monthly

www.RealEstateStagingAssociation.com

RESA Reports M

ay

201

5 ®

The Real Estate Staging Association® (RESA®) is the trade association for professional real estate stagers and redesigners.

For more information about real estate staging, or to find a professional stager or redesigner, call 888-201-8687 or visit the RESA® website at www.RealEstateStagingAssociation.com.