Did you know that selling your house in Florida can take up to 92 days on average? This extended timeline can be stressful, but by using the right strategies to sell faster and get the best price, you can reduce the time from listing to closing.
At DCR Homes, we understand that selling your home isn’t just a transaction, it’s saying goodbye to a lot of memories, while stepping into a new chapter of your life. Selling it fast and maximizing the profit is a goal for every homeowner, and also for us.
We created this guide to give you a vision of the situations you need to consider when selling a house. Let’s take a look at a few recommendations to help you close a deal in the shortest time possible.
Know Your Market: Selling a Home in Florida
The first step you need to take is getting familiar with the market you are entering. Each city and state has specific characteristics you need to adapt to if you want a successful deal. For example, in Florida, you can sell a home faster in July because the school year is over and people don’t usually like to move during the school year. Selling trends and local insights are important to choose the best listing date possible.
Another key factor for selling a home is pricing: a correctly priced property has more opportunities to be sold faster. Make sure you have an expert check on the price to verify your calculation is correct and avoid an overpriced listing.
5 Strategies to Sell Your Home Faster
Selling your house is more than listing it. In a growing market like real estate, you need to stand out to increase your visibility and your chances to close a deal. Here are some strategies you need to apply:
Price Strategically
Pricing your home correctly is the most powerful strategy to sell it quickly. If possible, ask an expert to define a price, because if your home is overpriced it can sit on the market, but if it’s underpriced it wouldn’t be a profit for you.
We highly recommend pricing slightly below market price to generate more interest and potentially create a bidding that drives up the final price. This ‘below market price’ creates a psychological effect that is commonly used by retailers and involves dropping the price below a rounded number.
It’s All About The First Impression
A potential buyer needs to be able to imagine themself living in your home, which is why you need to make it shine from the first moment. Invest in good landscaping, repaint your front door, make sure the windows are clean and make small exterior repairs.
It’s important to clean and declutter the inside of your home, and if it’s on your budget, hire an expert to stage your house with neutral decor. Remember that potential buyers need to picture themselves living in the house.
Another detail to take into consideration is removing personal objects such as: family portraits, travel pictures, and even awards. By doing this, you’re going to create a more neutral environment.
High-Quality Marketing
It’s important that your house stands out online, where most buyers start their search. Make sure your pictures and videos are taken by a professional and highlight the best features. Add a detailed listing description and share your listing on popular real estate websites.
Another popular option these days are 3D tours, because they allow buyers to take a better look of the house online and make a decision. When you create an outstanding online add, you increase visibility, and the chances to close a deal.
Work With Experts
The best ally for selling your home quickly and at good price is a real estate agent that brings experience and strategy. A great agent knows the local market, understand pricing trends, and can help you set a competitive price that’s attractive for buyers and profitable for you. Beyond pricing, a real estate agent ensures you get the best possible deals and terms.
The entire process of listing a house takes time, effort, and skill. A good agent will arrange details like professional photography, create listing descriptions and marketing your home effectively. On top of that, they will handle all communication with potential buyers, schedule and host showings and handle inquires.
Offer Incentives for Your Deal
A little extra motivation can help making your house stand out, by offering incentives you’re showing buyers that you want to make the process smooth for them. Some popular incentives can be covering part of the closing costs, offering a home warranty or being flexible with the moving date.
Mistakes to Avoid When Selling Your Home
Even with the best strategies, missteps can slow down your sale. These are some of the most common mistakes that you want to avoid:
- Repainting the house with bright colors: If you choose to repaint, try to avoid bright colors and choose neutral ones instead. It can help buyers imagine bringing their own style to the space.
- Ignoring the curb appeal: Make sure the exterior of your house looks inviting and well-maintained because it is the first sight potential buyers will have. Clean the porch, pressure wash driveways and walkways and remove dead plants and overgrown trees.
- Skipping repairs: Buyers who make an offer on your listing, usually have your home inspected to make an offer checking the results of that inspection. Paying for a pre-inspection of your home can give you a heads up on the little details that you need to get fixed.
- Being inflexible with showings: The more people see your home, the faster it sells. If you’re not flexible with showing schedules, you could miss the perfect buyer.
- Being inflexible with the price: You want to sell your house and make a good profit, but you need to listen to the market. If your house is not getting traffic, it’s possible that you need to double check on the price to adjust it.
Selling a home can be stressful, and sometimes you have a tight deadline due to a new job, a life event or financial reasons. There are several steps you can take to speed up the process: a good looking house, a reliable real estate agent and a good financial offer can truly make a difference.
At DCR Homes, we understand the importance of selling your house fast and getting a good deal, which is why we prepare you with reliable information to make informed decisions and make the transition between your old house and your new home flawless and stress free.
