If you are ready to sell your glorious piece of South Tampa real estate, now is the time. Tampa is experiencing a seller’s market, meaning that there are a greater number of buyers looking for houses than there are homes for sale. In fact, for the past few years, buyers have gone to great lengths to land a home in Tampa. This means that if you make the right moves, your home will sell quickly and profitably. To maximize the profit and efficiency of your sale, you should always follow the advice of a reliable, trusted local real estate team. Here are some key home-selling tips from one of South Tampa’s top agents: Bret Crino of The Sails Team.
1. Repair, clean, and stage
Photo courtesy of Shutterstock
If you want to sell your home quickly, your home’s appearance needs to stand out on the South Tampa real estate market. The first step in making your home look immaculate is to take care of any small repairs before you put it on the market. Replacing missing tiles, touching up paint flaws, and removing stains on carpet or hardwood floors are easy ways to bring your home to the next level.
Thoroughly cleaning each room of the home will help brighten the entire space. Hiring cleaners that can take care of window washing, carpet cleaning, and power washing the exterior can make your home look brand new. This will also set the home up to be staged, which is proven to help your home sell faster.
2. Put aside your emotions
The process of moving can be both stressful and emotional. You are leaving behind a place that has sentimental value, and you want to make sure that buyers appreciate the home the way that you do. However, a house is not only a place of memories and comfort—it is also an investment. If you are looking to sell your home, you’re going to need to detach yourself from your emotions so you can think of it specifically as an asset. The home’s appearance and its listing price may not be exactly what you envisioned, but when you’re selling a house, your primary concern should be the final sale.
3. Be mindful of the pricing
Photo courtesy of Shutterstock
As Tampa is experiencing a seller’s market, your first instinct will likely be to price your home as high as possible. However, one of the most fundamental home-selling tips is to be strategic when pricing your home. While you will want the final sale to be profitable, you also do not want to rule out potential buyers. If most buyers are looking at a slightly lower price range, it is most effective to bring down your price so more of these buyers will seriously consider your home. Working with multiple interested parties is extremely advantageous because their offers will become increasingly competitive. Tampa is one of the few cities in the U.S. to see an increase in bidding wars during 2022, so being tactical with your pricing is likely to reap major rewards.
You also want to make sure that your home doesn’t end up sitting on the market for longer than it should. If your house is listed for weeks or months in a neighborhood where homes are selling extremely quickly, this is going to ward off potential buyers. Furthermore, if you have to reduce your price after it is listed, this encourages buyers to be less competitive when submitting an offer on the house.
Understanding market value and determining the right price can be challenging. If you need help finding the right price for your home, reach out to Bret Crino for expert advice regarding your selling process.
4. Prepare the important documents
Photo courtesy of Pexels
One major advantage of working within a seller’s market is that if your home is priced correctly, it will not be on the market for very long. Because you may land the right deal within weeks or even days, a key tip is to make sure you don’t have any barriers in the way of your selling process. Securing an inspection, finding the original sales contract, and obtaining records of homeowners insurance, mortgage statements, and utility bills are some of the tasks it’s best to complete before putting your listing on the market. While it may seem unnecessary to do so much work before you have a buyer secured, remember that you don’t want the house to sit on the market, and most successful sales happen very quickly.
Paperwork and legal documents are stressful and overwhelming, but an expert agent can help you through every step of the selling process. Experienced agents will make sure that everything is prepared before you put your listing up so you can generate the highest sale possible.
5. Hire an experienced agent
Photo courtesy of Pexels
Selling a house can be a lot of work and very stressful, especially if you’re trying to do a lot of the work on your own. That’s where an experienced agent comes in. Your agent will play a pivotal role in not only taking the stress off of you but also in ensuring that your home sells for the highest possible price. When looking for an agent, pay attention to their track record, what type of real estate they typically represent, their connections, and their reputation in the community. You will likely want to check their references, look at their online reviews, and ask around to find out if an agent is a good fit for you.
From cleaning and preparing a home to generating the best listing price, an experienced agent will help you make informed decisions. If you’re ready to list your home in the current market, you are most likely going to have many interested buyers–but that doesn’t mean you can skip any steps during the process.
Ready to take the next step and start preparing your South Tampa property for the market? Reach out to experienced South Tampa Realtor, Bret Crino for advice and guidance throughout the entire process. As founder and team leader of The Sails Team, Bret is well-versed in what it takes to reach success. Get started today!
*Header photo courtesy of Shutterstock