This is an article that’s all about how to sell your house in a San Diego Real Estate Market and how to capitalize on it! It’s your turn as the seller to reap the benefits of a seller’s market. In 2011-2012 that was the best time to buy a house, now it’s the best time to sell in San Diego.
It’s simple supply and demand in this business. You just have to know what to do when the time comes. Many real estate agents in the San Diego CA area left the business in a buyer’s market because the demand for buyers was so high that they couldn’t wait it out 45+ days before earning a commission. Now you probably hear that everyone is getting into real estate because you can “make money money fast”. You see this in the stock market too.
We have to back up and say that just because you’re in control as a home seller, doesn’t mean you should try and take advantage of people or the situation. Do what you can with respect to the fact that people are still looking for a home. They are in the same position you were in when you were a first time home buyers. That’s going to be the majority of clients Realtors bring to see your house.
Here’s an example of a fantastic Realtor you should choose in a San Diego market.
Now let’s get into the actual action steps you can take to sell your house fast, on your time frame, for the right price and to the perfect buyer for your San Diego home.
1. Give Into Some Concessions.
Another component, other than price, is the conditions that are also placed on the sale. Think about the closing costs, inspections and appraisal fees that’ll occur. These are what the buyer might ask for in a deduction of an asking price. You as the seller can ask for things that benefit you too. Like that you’ll only sell the house in “as is” condition.
2. List Your House High, and Lower Later.
Remember what we said about supply and demand? You can ask a higher price because San Diego buyers don’t have as many choices available to them when it comes to inventory. Take advantage of the seller’s market is to simply ask for more money and see what happens. Worst that can happen is lowering your price a week later.
3. Create A “Buyer Frenzy”.
When you only have one offer, you can get desperate to accept it. When you’re presented with multiple offers from multiple buyers, you are the one in power, and you can also negotiate from a position of strength. Generate multiple offers by getting a lot of interest and only accepting offers at a certain time. Then put all offers on the kitchen table and see which one really is “highest and best”.
In Conclusion In This Post
That’s how to take advantage of a seller’s market in San Diego for home selling. If you’re selling your house in San Diego during a seller’s market, use these tips to take advantage of the situation and enjoy a higher return, the addition or removal of conditions, and multiple offers to choose from.
If you cannot handle selling with a Realtor or selling For Sale By Owner, find a private home buyer in your state of Colorado, California or Nebraska that can buy your house without you having to pay commissions.