Staged homes sell for more than empty homes
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We examine the economic impact of non-consumable visual cues through home staging on high-stakes housing transactions. Using hand-collected listing photos for 15,777 transactions and a machine-learning algorithm to detect furniture, we provide the first large-scale evidence that staged homes sell for roughly 10% more and one week faster than comparable homes without furniture. Our pre-registered online experiment establishes causality and uncovers mechanisms. We find that furniture clarifies spa
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