In real estate, staging is the act of dressing up a property so that it looks its best. Staging is usually a term that people hear in the residential real estate market. Wright County homeowners are told that staging a property can increase profits by about $2,000, but little is said about commercial real estate. Property owners are left with the question, should they stage their commercial property just like homeowners? Is there value in staging? The short answer is yes.
The Value of Staging
Buyers who purchase commercial real estate shop with their eyes, just like home buyers. When they note the condition of a building, commercial property buyers make some of the same assumptions that home buyers make.
This is to say, buildings that
…