If location were the only consideration, every home along Florida’s beautiful Gulf Coast would sell within days of its listing. The sun-drenched communities along Florida’s famed Emerald Coast from Destin through the Beaches of South Walton to Panama City are among America’s most inviting, attracting millions of vacationers every year who would love to live or own a vacation home in the popular area. But in today’s economy, price usually trumps location, say experienced Destin Realtors.
Every home can sell if the price is right. The trick is to find that magical breaking point between attraction and turn off. Naturally, Destin home sellers want to earn as much money from the sale of their home as possible, but pricing your home too high can turn off potential buyers who will move on and buy elsewhere. On the other hand, pricing your home too low leaves money on the table that you’d much rather put in your wallet. To price your South Walton home to sell quickly, you need to find your local real estate market’s sweet spot. This is where the services of an experienced South Walton Realtor can make a real difference in how quickly your home sells.
Determining optimal sales price of a Destin, FL home requires an experienced Destin Realtor’s detailed knowledge and effective analysis of:
The difference between recent asking prices and actual closing prices;
The number of weeks similar homes have sat on the market before selling;
How much sellers have had to reduce their asking price before selling and over what period of time;
Historic sales and pricing trends in specific neighborhoods; and
Future market trends that can impact area housing sales.
If you are serious about selling your Destin home quickly for a fair price, the smartest things home sellers can do is heed the advice of their Destin Realtor when they set the price of their home.