The Real Estate Staging Association (RESA) has a Staging Savings Formula to help you determine approximately how much money  you will spend while your home is on the market.  Example:

Mortgage/month: $1,800.00

Direct expenses/month: $300.00

Total/month expenses: $2,100.00

A RESA study shows home owners had their property on the market for an average of 9 months.  $2,100.00 X 9 months = $18,900.00 in expenses. 

If the home would have been staged their time on the market would have been cut by 7 months.  $2,100.00 X 7 months = $14,700.00 savings to the home owner.

Using this formula developed from RESA to determine how much you will save by staging your home or listing before putting it on the market:

Mortgage + expenses (utilities etc.) = Monthly expenses

Monthly expenses X 9 months (avg. time un-staged) = cost to list home un-staged

Savings: Expenses X 7 months (avg. time on market reduced) 

- staging fee = Savings if you stage your home!