Planning to sell a house in Estero, Florida? For most home sellers, selling their homes fast and for top dollar is the ultimate goal. However, many people wonder exactly how long the home-selling process takes.
Ultimately, the fastest you can sell your home depends on a combination of external and internal factors. In this article, our realtors at Your Home Sold Guaranteed Realty - The Cachon Team will discuss current housing market conditions in Estero. We’ll also cover six tips to help you sell your home as fast as possible.
What’s the Housing Market Like For Sellers in Estero?
When determining the amount of time it takes to sell a home, it’s important to consider buyer demand. Buyer demand is influenced by many factors, but two of the most significant are seasonality and housing market conditions.
The time of year you choose to list your property can affect the success of your sale because homes usually sell faster during the spring and summer months compared to fall and winter.
Market conditions, and the economy in general, tend to play a much larger role in buyer demand. As of February 2023, the Estero housing market was still experiencing rising interest rates and high inflation, along with fears of a potential recession. This has reduced buyer demand significantly compared to the market’s peak in April 2022.
Realtors often use a statistic called days on market (DOM) to gauge how long it might take to sell their clients’ homes. In February 2023, the median DOM for Estero homes was 15 days, which is an increase of 11 days from February 2022, when homes typically spent less than a week on the market before selling.
6 Tips For a Quick Home Sale
1. Choose Your Realtor Carefully
Hiring a realtor who’s knowledgeable about your local housing market is essential if you want to sell fast and get the best possible price. Your realtor should have an in-depth understanding of historical housing market patterns. Ideally, you should find a realtor who’s had successful sales in tough market conditions.
Check their track record and ask for data and selling statistics that show the success of their marketing strategies. In addition, it’s a good idea to read reviews from past clients.
In addition, you should also find a realtor with a large network of other real estate professionals they can contact to find a buyer for your home. A well-connected realtor can find a match for your home almost instantly.
2. Emphasize Your Home’s Location
The location of a property is a top consideration for home buyers. Although you can’t change your home’s location, you can highlight the best parts of it in your listing. For instance, emphasizing if the property is close to high-quality schools, provides convenient access to parks, or offers a short commute to the nearest city.
3. Enter the Market When Demand is High
Selling when demand is at its highest gives you the best chance of selling fast. If you can wait, consider listing your home in the spring or summer when buyers are most active in the market.
Or if you’re able to put off your home sale even longer, think about waiting to list until housing market conditions improve.
4. Price Your Home Carefully
Asking price is crucial if you want to sell a house in Estero fast. An asking price that is too high may deter potential buyers and lead to the property remaining on the market longer than necessary.
Additionally, a high asking price may lead to appraisal issues, as the property may not appraise for the agreed-upon sale price. This can ultimately cause the sale to fall through.
On the other hand, pricing too low means you risk losing thousands in profit. An experienced realtor can help you find the right balance between a fair yet competitive asking price.
5. Invest in Your Home’s Appearance
If you want to sell your home fast, especially in a cold market, it’s important to make sure it’s move-in ready. When economic conditions are tough, home buyers don’t want to worry about paying for a repair down the road. Instead, they’re usually more willing to pay top dollar for something they know will last.
To this end, take care of all necessary repairs and upgrade appliances, hardware, and lighting fixtures. Also, consider remodeling high-traffic rooms like the living room, kitchen, and bathrooms. Not only will your home stand out from others on the market, but you can justify a higher asking price.
6. Have a Marketing Plan
With a comprehensive marketing plan, you can ensure your property is presented in the best possible light and seen by many potential home buyers. The more buyers see your home, the more chances you can achieve a fast and profitable sale. Your realtor will likely create a marketing plan that includes the following:
- Creating a professional listing with high-quality photos and detailed descriptions
- Promoting the property through social media and other online channels
- Hosting open houses and private showings
- Reaching out to local real estate agents and potential buyers
Sell a House in Estero Fast and For Top Dollar With Us
At Your Home Sold Guaranteed Realty - The Cachon Team, we’re the best realtors in Estero for a reason. We’ve helped thousands of people sell their homes fast and for top dollar in any market condition. One reason we’re able to do this is because of our unique Guaranteed Sale Program.
This program ensures your home will sell within your desired time frame, no matter what. If a home buyer doesn’t purchase it, our team will buy it ourselves for an agreed-upon price.
We offer this guarantee because we’re confident in our ability to sell your home. On average, we sell homes 37% faster and for 2.5% more money than our competitors. Our track record is one reason home sellers in Estero turn to us to get their homes sold fast.
To learn more about how to sell a house in Estero or work with our real estate team, call (239) 399-5432. You can also fill out the form below for more information.