Is It A Good Time To Sell A House In Phoenix?

Dated: September 22 2020

Views: 34

Is it a good time to sell a house in Phoenix?

Right now it is a good time to sell.

  • Buyer demand high (up +60% from last month)

  • Interest rates are low (2%-3%)

  • Inventory is extremely low, which means less competition for someone that needs to sell.

Here’s a quick look at some market stats: 

  • The average days on market is 30 days

  • Many homes under $350K are selling in less than 30 days

  • There is less than 1 month of inventory

  • Over 13,000 homes went under contract in the past 2 weeks

6 Steps to Sell a Home for Top Dollar

Step 1:  Pricing:  Pricing a home too high will turn away ‘would be’ buyers.  They will simply choose to look at other options, even during an inventory shortage.  We have an algorithm we use to pinpoint the top price the current market can bear.  Reach out today and get a free, no obligation report on what your home could sell for in today’s market.

Step 2:  Beauty:  Buyers know within seconds if they want a home.  Our minds process information much faster than one may think.  Having your home in order and “beautified” goes a long way in triggering the “buy now” senses in a person.   There are many steps taken to get a home ready so when a buyer walks in they will know “this is the one!” in a matter of seconds. Let us provide you with some professional tips to get your house show ready!

Step 3:  Exposure:  We are members of the Arizona Regional Multiple Listing Service (MLS), serviced by over 40,000 agents with buyers.  This is how we share your home with the agents that have pre-qualified buyers in their cars and want to go out and buy a house!  Yes, sharing is caring.

Other exposure:

Our Network:  Over 15 years of networking at our fingertips

National Exposure:  Your home will be blasted out to all the national portals.  Zillow, Trulia and 1,000s more. 

Street Signs:  Believe it or not, people still drive around the neighborhoods they would like to live in and call the numbers off of signs.

Youtube:  We will have a smart tour of your home created and placed on Youtube.

Facebook:  Welcome to the new age of social sales!  When our fans see a new home posted they often comment or tag friends or a family member that they may be interested in buying your home.

Step 4:  Building Urgency:  Creating urgency to get buyers in the door.  We have a proprietary technique to get tons of buyers in the door (or virtually viewing your home) the very first week it is listed.  We can’t give away all of our industry secrets on our website, but trust us, this works like a charm. 

Step 5:  Negotiations:  Winning the agreement.  What if you get a low ball crazy offer?  Well, we know what it takes to turn those horrible, crazy nonsensical offers into solid offers for our sellers.  Strong negotiating skills are important in today’s market.

Step 6:  Closing:  Closing the deal.  We cover your 6 o’clock.  We make sure everything you sign is in compliance with both federal and state regulations/laws.  Getting you from contract to close is one of the most important services we offer.  You can now soundly and securely move on with the next part of your life.

Blog author image

John Lick

John Lick--brings his vast experience in contracts and negotiations to the Maurice & Lick team. Prior to becoming a full-time Realtor, he worked for a multi-billion dollar government agency and with ....

Latest Blog Posts

Big Bond Beat Down

Big Bond Beat Down Mortgage Backed Securities (MBS is the index that actually controls mortgage rates) broke through an important metric which means we are likely to see an increase in interest

Read More

The 35 Historic Neighborhoods of Phoenix

The 35 Historic Neighborhoods of Phoenix AlvaradoHome of the internationally known Heard Museum, the Alvarado neighborhood's 30 homed typically feature Period Revival architectural styles including

Read More

Follow the 30-30-3 Rule Before Buying a Home During Covid

As mortgage rates reach all-time lows due to the pandemic, demand for real estate has increased exponentially.  But that doesn’t necessarily mean you should buy a home right now. 

Read More

A Look Into the Markets-Thanksgiving 2020

A Look Into the Markets-Thanksgiving 2020Stocks, bonds and rates are responding to the tug-of-war playing out between vaccine hopes and the rise in COVID-19 cases, along with additional lockdowns.

Read More