Should I Virtually or physically stage my fix and flip?

Question

Good morning BP, so yesterday we finally wrapped up the rehab of our first fix and flip! Very excited! We have a cleaning company coming in to do post cleanup, and will be taking pictures, my question is should we get the property staged? If so would it be better to just do virtual staging to save on costs, or should we go with the real thing?

So that you can understand the area, ￼It’s an area that is up and coming, used to be a pretty rough area but in the last couple years many rehabbed￼￼ properties and revitalization. Flipped properties are going for $300k+ in this area￼.

Thanks in advance and I really appreciate your advice.

Joe￼

Michael Dumler · Answer

@Joseph Grullon depends on a number of factors, but in this competitive market you all should be fine with virtual staging. I'd advise for you to pull comparables that have sold within the last 60 days and determine if it is necessary.

Joseph Grullon · Answer

@Cody Neumann

@Michael Dumler

Thank you all for your responses. Great advice!

I looked up the comps in my area and none virtually staged, but I think we would like to stand out from the others especially as the cost will only be about $100. Hoping for some ROI!

I'll let you guys know how it goes. Joe

Cody Neumann · Answer

@Joseph Grullon

What are other sellers doing in your market if they are selling a vacant house? Getting a house staged can make it feel more like a home where just doing virtual staging can make the house feel different. I sold my flip earlier this year and just did virtual staging and sold it over asking no problem with how the market is.