Staging

[Tony Castronovo]

I'm interested to get some opinions on whether staging a home is a good investment.  I am new to flipping and have learned a lot on my first flip.  The biggest learning is that I priced it too high, which added way too many DOM to my listing.  I am currently priced right (at least I think I am based on the comps).  Last price reduction was 40 days ago.  The house is vacant and I am not getting many showings.  I have had two contracts but each fell out during the option period for different reasons. I am in a good market (Houston suburbs).  Holding costs are beating me up on this one.  I hate to drop another $2500 or so but if it would make the difference I would consider it.  Thoughts?