Arizona is among the fastest-growing states in the nation. The high demand in real estate as more and more people migrate to the region has caused a surge in housing costs. If you’re looking to sell your house in Arizona, rejoice in knowing you’ll be getting more than your money’s worth. But don’t jump the gun and overprice your piece of land, however. It’s important to find the sweet spot of the pricing game. Below we’ve mapped out how you can sell your home in the Grand Canyon State among a growing market.
1. Hire a Real Estate Agent
While agents typically charge up to 6% of the final sale in commissions, having the help of a professional is invaluable. A real estate agent who is familiar with your neighborhood and its market value can accurately assess your home’s worth, even when prices are unstable.
The most foolproof way to find a trusted agent is via referrals through friends and family. However, utilizing the internet works, too- just make sure to read through the agent’s reviews and confirm they know your area well enough to get the job done right.
The job isn’t over once the bids start flowing, though. You’ll need to consider financing and contingencies as much as the amount of money offered.
2. Get an Appraisal
Regardless of trending home values, if you want to sell your house in Arizona, you’ll need a professional appraisal to determine its worth. An appraisal is an evaluation of your property’s worth, and it’s often a necessary step in selling your place. The process usually costs home sellers $300-$500, so budget out your savings accordingly.
3. Sell in the Spring
No, it’s not too good to be true- you can actually make bank selling your property today. But if you want to maximize your earnings without putting forth any time or investment, all you have to do is sell at the right time of year. In Arizona, that window of time is March through June. On the flip side, December and January are the least advised months to sell your house in this state.
4. Negotiate Higher
Feel free to break the glass ceiling, even on your highest offer. It’s standard to ask for 5-10% above the bid and then work out an agreement from there, so don’t be shy to test the waters.
If You’re Also Buying…
If you want to sell your house in Arizona because you intend to buy a new one, it’s vital to plan ahead. The hot seller’s market not only means high home values, but low inventory, too. So, properties are sometimes snatched up hours after going public, and often for far higher than listed. Prepare to spend more than what’s indicated online if you want to win the bidding war. Likewise, be ready for a longer-than-planned process.
Skip All of the Above and Call United Home Offer
The easiest way to sell your house in Arizona is through us, at United Home Offer. We give fast cash offers on properties, regardless of condition, title problems, bankruptcy, and more, saving you time and money in an otherwise challenging process. If you want to find out more, contact us for a no-obligation offer today.