Time on Market (Days on Market - DOM)Staged Homes Sell Faster:According to the Real Estate Staging Association (RESA), staged homes spend 73% less time on the market compared to non-staged homes.thezebra.comblog.remax.caRESA data from a study of 1,080 homes showed that unstaged homes averaged 184 days on the market, while homes staged after listing sold in 41 days, and homes staged before listing sold in 23 days, a 90% reduction in DOM for pre-staged homes.robinrealtygroup.comNAR reports staged homes spend 33% to 50% less time on the market than non-staged homes.forbes.comA 2021 survey by First Impression Home Staging indicated staged homes sell 88% faster, with 90% of staged homes selling within 2 weeks.firstimpressionhomestaging.comNAR’s 2023 Profile of Home Staging noted that 27% of sellers’ agents reported staged homes spent less time on the market.bankrate.comNon-Staged Homes:Non-staged homes, particularly vacant ones, can linger significantly longer, with RESA reporting an average of 184 days for unstaged homes before staging.robinrealtygroup.comNon-staged homes may face prolonged listing periods due to buyers’ difficulty visualizing the space, leading to extended decision-making.kmmrealty.com2.

If so, what is your impression? 

I negotiated almost $20k in concessions under the impression I would be able to not only cover my closing costs but also cover some initial repairs or a portion of my down payment.

Motil has a pretty impressive resume' I can see where folks would lend to him  ..

I got the impression that the more agents you have looking for you on your behalf, the better chance you have of finding good deals.

Hey Matthew,Appreciate you reaching out — and I have to say, I'm impressed by what you've already accomplished at just 20 years of age and an equity growth like that is no small feat, especially in Chicago’s multifamily space.I like your value-add mindset and how you’re thinking long-term with both management and development.

That’s exactly what you should be doing.I wouldn't worry too much about your current stats like views, impressions, or conversion rates just yet.

Not counted in above numbers.We had owned investment properties (long term and AirBnB) in the past but cashed out a few years ago have not looked at real estate for the past few years; I know things have gone crazy since then.I guess my open ended question is that after looking at a couple of properties from a rental perspective; I'm getting the strong impression that it will take a ton of effort these days to get even a 7-8% return on anything but a low end property; and that just paying off our mortgage and taking the 5.125% risk free instead of investing it in any other way is looking better and better the more I try and find real estate to invest in.

But for higher-end homes, especially new builds, it almost always backfires — buyers expect turnkey and will nitpick everything.I always tell clients: “Once you go live, you’re telling the market you’re ready to be judged — make sure that first impression matches your price tag.”Thanks for sharing your take — spot on.

That's very impressive.