There are many helpful marketing strategies that can be used to sell your home quickly and for the best price. One of the easiest ways to set your home sale up for success is by listing it at the right time of year. Since the real estate market fluctuates, understanding when buyers are most likely to pull the trigger is essential.
The market varies from region to region, so it’s important to look at state and county-specific data when selling your home. In this guide, we’ll help you determine when the best time is to sell your home in California and offer tips on how to sell quickly and for the maximum price possible.
The Best Time to Sell in California
The market in California is fairly strong, with four of the five most expensive cities located in the Golden State. In fact, the market is doing so well in California this year, that it’s even predicted to outperform the rest of the country in 2019. Home prices are continuing to rise, and values are highest than other parts of the country.
Despite the good news for homeowners looking to sell in California, you can still increase your overall profit by selling during the right time of year. The best time to sell a home throughout most of the country is in the late spring, and California home sales follow that trend.
Most homes in California maximize their home sale values when listed in April or May, while homeowners in Southern California tend to experience the greatest home sales’ success in June. July peaks down just slightly but still shows quick sales with top asking prices.
Key Factors That Help California Homes Sell Faster
Since the next couple of months are the best time to sell a home in California, it’s critical to quickly work to improve your home’s chances of selling quickly. Relying on data is great, but there are still a few things you can do to speed up the sales process.
Listing your home for the right price on the MLS is the most important factor for improving the speed of your home’s sale. While many homeowners believe they should list their homes higher in a sellers’ market, this strategy rarely works, and often leads to the home sitting on the market for a much longer timeframe.
Great marketing is also important in improving the time it takes to sell a home. All great real estate marketing begins with partnering with a top real estate agent. Agents will help you stage, photograph, list, and market your home, in order to attract a large number of buyers. They can also offer critical advice for staging to help your home get more offers, quickly.
3 Tips for Maximizing Your Profits When Selling a Home in California
1. Consider Your Specific Market
Learning the exact value of your home and understanding your local market is important when trying to maximize your profits. It’s easy to estimate your home’s value online, but these tools are rarely as accurate as having a CMA (comparative market analysis) done by a professional real estate agent.
A CMA is generally offered for free by top real estate agents and can help you create the right expectations in terms of listing price. Since agents have access to local real estate data, they can even find out how much comparable home sold for. Once a value is established, your agent can help you create the right marketing strategy to advertise your home and attract buyers.
Learn more about a comparative market analysis and why it’s so important.
2. Make Impactful Repairs and Renovations
When trying to sell your home, it can be tempting to skip renovations or repairs. Pouring more money into your property may seem like a bad strategy, and sometimes it can be. Major renovations, specifically for cosmetic reasons, often do not increase your home’s value enough to justify the added expense.
You can, however, make small improvements to out-of-date features throughout your home. Swap out old carpets for laminate or hardwood flooring, paint or replace cabinets instead of paying for a full kitchen or bathroom renovations, and update lighting and hardware fixtures for a more polished, modern look. Don’t underestimate the power of a fresh coat of paint to help breathe new life into your house.
Learn more about the six best high value, low-cost repairs for home sellers.
3. Find a Great Real Estate Agent
The best way to improve your odds of getting top dollar for your home and speeding up the selling process is by partnering with a real estate agent. You’ll want to work closely with a top agent who has a deep understanding of the buyers marketing in your region of California.
When you team up with an expert real estate agent, you’ll receive valuable insight and advice on staging your home, help with marketing strategies, and choosing the correct listing price to help your home sell fast. Full-service real estate agents also provide comprehensive services like helping with paperwork, handling home showings and open houses, negotiating offers, and providing advice on inspection results.
While full-service agents often have high commission fees, Clever can connect you with top-rated real estate agents from top forms like Century 21, Keller Williams, and RE/MAX for a discounted rate. To get more information, just fill out the online form and let a local agent contact you for a no-obligation consultation.
Get started with a Clever Partner Agent here.