Winter usually means a slow down in the Havasu real estate market. But if nothing else, this year has proven to be anything but “normal”. Even with a global pandemic going on, real estate in Lake Havasu experienced its highest monthly sales totals as well as its highest sale prices ever just last month. So, if you want to take advantage of the seller’s market we find ourselves in right now, you might want to go ahead and sell your Havasu home this winter. Here are a few tips to cash in big.
Selling Your Havasu Home in Winter 2020
Don’t Skimp on the Price
In a buyer’s market, you might want to price your real estate in Lake Havasu conservatively. But in a seller’s market like the Havasu real estate market right now, it could work to your advantage to price it a little more aggressively. As I said before, prices hit their highest average ever last month. And they show no signs of slowing down anytime soon. Talk to your real estate agent about what they believe a good listing price would be for your home based on what’s happening in the market right now.
Buyers Want Move-In Ready Homes
Today’s buyers look for many things when exploring the Havasu real estate market. They like to see dedicated home office space, an outdoor living area, multi-generational living, and a larger laundry room. But most of all, buyers want move-in ready homes. Make any and all necessary repairs before you list your property. A turn-key home appeals to a wider array of buyers.
Add a Virtual Tour
Yes, Arizona opened up for business again back in May. But COVID-19 remains a concern for many, including home buyers. Since buyers begin their search for their next real estate in Lake Havasu online, you need to make sure your still photos look on point and your agent includes a professional-looking virtual tour. If you allow as much access as possible to your property, you reach a larger audience. In turn, you increase your chances of finding a buyer faster.
Finally, when selling your Havasu home, patience is a virtue. But who wants to be virtuous? A seller’s market means that you see many buyers vying for a limited amount of inventory. Many properties in the Havasu real estate market experience multiple offer situations. That means you don’t necessarily have to jump at the first offer you receive. Yes, take every offer seriously. But consult your real estate agent to decide whether you should accept or wait for another offer later.
Alexis Steel – 928-303-2199
Keller Williams Arizona Living Realty
Search homes at: www.TheHavasuHome.com