Sell My House Fast | Wesley Chapel FL

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house in your local real estate market? The home sale process looks very different from that last two years if your are hoping for a quick sale.

While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a slower pace because rising mortgage rates are creating less buyer demand. Because of this, there are more homes on the market. And in a shift like this one, the way you price your home matters more than ever when creating a selling strategy in hopes to attract buyers and sell quickly to these potential buyers.

Why Today’s Housing Market Is Different

During the pandemic, cash buyers were all over the market and sellers could price their homes higher because demand was so high, and supply was so low. This year, things are shifting for buyer and real estate agents alike, and that means your approach to pricing your house needs to shift too for the house fast.

Less Buyer Demand

Sellers have to recognize this is a different market than it was during the pandemic. On the fence sellers have caught wind of this which has a resulted in a 2,750 % spike for google searches using the words, "sell my house fast". Home sellers in Wesley Chapel Fl area are off to the races to find a real estate agent in hopes that they can sell the house quickly.

Here’s are somethings to consider in the selling process so you can sell fast;

1. Fine the right asking price.

2. Pay attention to natural light, curb appeal, deep clean the home and minimize clutter.

3. No camera phone pictures. We use a professional photographer for our photos to get the most exposure and the best price for your house.

4. Hire a listing agent to consult with.

Sell my house fast you say? Well, there is no room for short cuts and hiring a real estate agent is number four to this list. Many people will opt out to make a decision to hire a listing agent to save some money. But, your are actually grossing more money when you consider that this is unknown territory for most that choose the FSBO route.

Why Pricing Your House at Market Value Matters

The price you set for your house sends a message to potential buyers. If you price it too high, you run the risk of deterring buyers.

When that happens, you may have to lower the price to try to reignite interest in your house when it sits on the market for a while. But be aware that a price drop can be seen as a red flag for some buyers who will wonder what that means about the home or if in fact it’s still overpriced. 

The biggest mistake most make (including inexperienced real estate agents) is looking at comparable homes that sold over two months ago. That information is almost irrelevant to the shift that is occurring.

Some sellers aren’t adjusting their expectations to today’s market, and realtor.com explains the impact that’s having:

“. . . the share of listings with a price cut was nearly double its year ago level even as it remains well below pre-pandemic levels.”

 

To avoid the headache of having to lower your price, you’ll want to price it right from the get-go . A real estate agent knows how to determine that perfect asking price to sell a house fast. To find the right price, they balance the value of homes in your neighborhood, current market trends and buyer demand, the condition of your house, and more.

Not to mention, pricing your house fairly based on market conditions increases the chance you’ll have more buyers who are interested in purchasing it. This helps lead to stronger offers and a greater likelihood it’ll sell quickly.

Why You Still Have an Opportunity When You Sell Today

Rest assured, it’s still a sellers’ market, and you’ll still get great benefits if you plan accordingly and work with an real estate broker to set your price at the current market value. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:

“Homes priced right are selling very quickly, but homes priced too high are deterring prospective buyers.”

 

Mike Simonsen, the Founder and CEO of Altos Research, also notes:

“We can see that demand is still there for the homes that are priced properly.”

Using a Cash Buyer

Still searching for those infamous words, "sell my house fast"? A cash home buyer serves as an additional option to watch house sell faster. These cash buyers are also known as ibuyers that will usually provide a competitive cash offer to your real estate agent (should you have one)

HomeLight is a cash buyer offers its customers a fair cash offer to purchase their new property with no minimum payment required. Rather than doing a repair or preparation job, or attending an open house you can just accept the offer. They can compare your Simple Sale cash offer against an estimate of how much it would really be worth on the open market, and help you make the best decision.

There are many other competitive cash offer companies that are similar to HomeLight such as Knock, and Ribbon Home to name a few. You may even see them in the key words research of "sell my house fast" is entered. I warn you, do not go through it by yourself as there is much fine print that is commonly missed by unseasoned people looking to make their next move (see recent Offerpad lawsuit).

Jose Mejia, a top realtor in Wesley Chapel Fl, has been advising an locals families into this type of option when sees that it makes sense to do so.

Bottom Line

Homes priced right are selling quickly in today’s real estate market. Let's connect to make sure you price your house based on current market conditions so you can maximize your sales potential and minimize your hassle in a shifting market.

Frequently Asked Questions

What is the secret to a fast sale of a property?

Correct price list. How can we

What is the secret to a fast sale of a property?

Correct price list. How can we get quick sale prices?

What type of house sells the fastest?

Those with lower prices have gained overwhelmingly the attention of buyers. The average price was $360,000 versus $330,000. The average price was sold in 83 days, which was significantly faster than in the same market for similar prices. Of course, the more expensive the house the lower the cost of it.

I want to sell my house fast, where do I start?

This is a question I get quite often. Start with a real estate agent that can articulate the value of the process and exemplifies a proven process.

Will I need a Buyer's agent?

You will certainly want to consider one if your are looking to buy a home. Typically, using the listing agent you hired to find your home to purchase would be the direction you want move towards.

What is a cash buyer?

Big companies are snatching up company left and right. They are doing a good job of promoting the business.

Do I have to pay closing costs?

The answer to this questions will vary based on circumstances.

How do I go about the short sale process?

Definitely start with the realtor. There can be many circumstances where you can avoid this option.

I have two mortgages, will they both be paid off?

yes.