Despite the ongoing COVID-19 health crisis causing an unfavorable economic climate, the real estate market is booming. As more people retreat to the safety of their personal havens, many families are looking to upgrade their home or go after a change of scenery. Here are a few things to consider when selling your home in Miami.
Know the Market: Before you decide to list your home, you need to fully understand the current housing market in your zip code. In order to get a clear picture, you should ask a trusted realtor for a Comparative Market Analysis (CMA). This will provide you with detailed information about what comparable homes in your area are selling for so that you can make an informed pricing decision.
When to List Your Home: When you put your home on the market should be dictated by the particular region and housing trends. For the Miami metropolitan area, most real estate agents will recommend listing your home in the spring or summer. Not only will you enjoy longer days that encourage evening showings, but you will also enjoy more favorable weather conditions that support your endeavors. If your home is likely to appeal to families with children, remember that most prospective buyers will want to be settled before the start of the school year.
Miami’s snowbird climate leads to a transient population between the months of November through April. If you are trying to sell a home that will appeal to a snowbird, it is a good idea to time your listing to cast this wide net. For example, a home in a family-friendly neighborhood will move faster in the spring or summer while a condo near the beach is likely to attract snowbird buyers in the area during the winter.
Preparing Your Home to List: Once you have decided when to sell your home and you land on a listing price, it is time to do what you can to ensure that you will get top dollar for your house. The first thing that you need to do is to declutter your home and remove personal items. The goal is to provide a blank slate that potential buyers can envision calling their own. After this, you can begin any repairs and projects to boost the overall curb appeal of your home.
Boost the Miami Magic of Your Home: You can lean into what makes Miami a great place to live by harnessing the best parts of this region when you stage your home. South Florida is known for its lush foliage and relaxing lifestyle. Play up these benefits as you stage your home to reflect the best of Miami living. Even something as simple as a bowl of oranges and lemons on the table, an upgrade to the front yard landscaping, and a fresh layer of paint to convey a clean aesthetic will go a long way in your efforts to get the most for your Miami home.