The greater Phoenix metro area is a quilt of communities that have grown together beautifully, and it’s currently ranked as the #3 fastest growing city by Forbes. Phoenix is attracting a wide range of financial professionals, and is undergoing a construction boom due to its notable growth. This means that there’s a real market for selling your home in the city and its associated communities like Chandler and Gilbert.
Importance to Home Sellers
A city that’s growing means that there’s a greater number of potential buyers, and more importantly, a number of buyers who don’t know the ins and outs of the Phoenix Metro area. Some of the major employers in the area are GoDaddy, Intel, Wells Fargo, PayPal and Northstar Mortgage Brokers to name a few, are bringing in several new hires monthly. These new hires are going to need to find new homes immediately and if your home is prepared and marketed well, it will stand out to this influx of people.
Limited Window Before Construction Boom
If you’re looking to sell your home in the Phoenix metro area, be aware that the fantastic market existing right now is finite. While the current construction boom is centered on commercial and residential real estate, there is forecasted to be increasingly more residential growth in the near future. That shift will provide more competition for you to sell a pre-existing home, and the takeaway is that you should focus on selling your home now while the market is hot.
Basics of Preparing Homes For Sale
The first rule of sales is to always look at the item being sold from the perspective of a potential buyer. Think about what features you’d want to see – and then look for things that aren’t up to snuff and fix them. A fresh coat of neutral toned paint never hurts, and replacing old lighting fixtures with newer ones can significantly boost your odds of making the sale happen on your terms. Always have a pre-sale inspection done, and then follow the recommendations of the inspector. The process of selling a home usually starts months before the listing; get as much advice as you can from your listing agent. They are experts for a reason and will be able to guide you through the preparation of your home before it hits the market.
Local City Details
While you’re focusing on selling your home, don’t forget to play up the locale and perks that set your home apart from the rest. If you are close to locales such as Riparian Preserve, or Freestone Park, make sure to show this off through photos around the house. It never hurts to mention in a packet left for incoming buyers the distances to certain parts of town, the costs of utilities due to updated systems and/or highlights of living in the area. For out of town buyers these details and hints left around the home are great little touches.
By and large, your options for selling in the Phoenix metro area are great right now . Make the most of it and get the process started soon in order to sell before the end of the summer. If you have any questions about selling in and around Phoenix, please don’t hesitate to give us a call. For more information on the selling process itself, check out the Definitive Guide to Selling Your Home.