Are you wondering how fast you can sell a house in Fort Myers, Florida? The amount of time the home-selling process takes depends on several factors. And if you want to sell fast and for top dollar, there are extra steps you need to take to be successful.
In this post, our realtors at Your Home Sold Guaranteed Realty - The Cachon Team will discuss how long it takes to sell a house in Fort Myers under the current market conditions. We’ll also share several tips on what you can do to achieve a fast home sale.
How Long Does it Take to Sell a Home in Fort Myers?
To find out the fastest amount of time you can sell a home in Fort Myers, you’ll need to analyze buyer demand. Demand is largely impacted by housing market conditions and the overall economy.
In February 2023, the Fort Myers housing market was affected by rising interest rates, high inflation, and concerns about a recession.These factors have led to less demand and less home sales compared to the market’s peak in April 2022.
Realtors typically use a metric called “days on market” (DOM) to assess the expected selling period for a home. As of February 2023, the median DOM for Fort Myers homes was 19 days, up by 10 days from February 2022 when homes typically sold in a little over a week.
What Steps Can You Take to Sell Fast?
1. Sell When Demand is Up
To increase your chances of selling your home quickly, it’s best to sell when the demand is at its highest. One way to do this is by listing your home in the spring or summer when the housing market is most active.
However, if you have the flexibility to wait, it might be worth postponing your sale until market conditions improve.
2. Hire the Right Realtor
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.
3. Make the Most of 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.
4. Consider How to Price Your Home
Asking price is crucial if you want to sell a house in Fort Myers 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. Make Your Home Appeal to Buyers
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. Create a Marketing Strategy
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 Fort Myers Fast With Our Team
At Your Home Sold Guaranteed Realty - The Cachon Team, we’re the best realtors in Fort Myers 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 Fort Myers turn to us to get their homes sold fast.
To learn more about how to sell a house in Fort Myers or work with our real estate team, call (239) 399-5432. You can also fill out the form below for more information.