What to Know Before Selling Your Chandler Home

The Santistevan Group


If you're contemplating a bigger home for your family, considering downsizing as your oldest child moves out or moving closer to a job outside of the Chandler area, you may be asking what you need to know before you sell your home.

Selling your home is a big step, but there's a lot you can do before the journey begins. The Santistevan Group is a team of trusted local Chandler real estate agents, and we're here to help you feel comfortable during every step of the selling process — before, during, and after the actual sale. So whether you're on the fence about selling your property or want to ensure you take the right step forward, we've created a brief guide to what you need to know before selling your Chandler home. It's important to:

The state of the Chandler market in 2022

According to the National Association of Realtors (NAR), the Phoenix-Mesa-Chandler market is one of the top ten real estate markets in the nation. High demand and lots of new residents are driving the prices of homes in your neighborhood higher and higher. You may have even seen your neighborhoods put their homes on the market and get offers tens of thousands of dollars above their asking price within just a couple of days. Even in 2019, 9.0% of buyers in the United States bought homes in your area, and that trend is as strong as ever.

The benefits of selling your home in a hot market don't stop at getting a great offer price that can far exceed its tax assessment or what you bought the property for. Other benefits include:

  • Speed: Because so many buyers are competing for homes in your area, you'll likely see multiple offers within the first week. Today's buyers also tend to be pre-approved for financing, not just pre-qualified, so the actual closing process is streamlined, too.

  • Convenience: There are simply fewer hoops to jump through. For many homeowners, you can simply put your home on the market as-is. You can also worry less about contingencies or contract complications. On average, sellers received nearly five offers before selling their home in February 2022, and that average is even higher in in-demand neighborhoods. You can simply pick the offer that's the simplest.

  • Fewer costs: With today's hot market, you can look forward to more than just a high selling price. You can also enjoy reduced costs. Buyers often take on the costs of title company fees, are unlikely to nitpick about repairs and upgrades, and may even absorb any survey fees. If cash flow is just as important as a high return, today's market is even more favorable.
Of course, being in a hot market has one obvious drawback: where are you going to move to? Because the market is so competitive, you might also have difficulty finding a home you like, putting in a competitive offer, and lining up the move-in date with your move-out date. Working with a Chandler Realtor team that can help you sell your home and buy your next home can help all the pieces fall into place.

Two questions to ask yourself before selling your Chandler home

Now that you have a better idea of the state of the market, you can move forward with your plans more strategically. Ask yourself and your family these questions as you decide when to put your home on the market and what your long-term plans are.

What price are you hoping for?

How much do you want to see on an offer before you consider accepting it? This number can be difficult to figure out. After all, your property tax assessment won't give you insight into how much someone else may be willing to pay for your home. If you love your current home, you may also have a biased perspective on how much someone should be willing to pay for it. It's important to neither overshoot nor undershoot this number; a real estate agent can help you evaluate the likely selling price of your home by comparing it to similar homes in your neighborhood that have sold recently.

Pro Tip: The listing price and the price you're hoping for may be very different.

Photo courtesy of Shutterstock
 
Some strategic Realtors may advise you to put your home on the market for a slightly deflated price — say, $499,990 instead of $519,990. This can be advantageous for two reasons:
 
1. It may trigger a bidding war that has competing buyers raise the price far beyond $519,990 in an effort to secure the property.

2. You'll appear in more searches that are set with a price maximum of $500,000, which can tempt buyers with the right financing to put in a high offer, especially if your home is more appealing than others at that listing price.

Where do you want to live next?

This question will determine a lot of your home-selling strategy. Ask yourself:

  • Are you going to move to another house in the area?
  • If so, will you be able to find the right home in time? Or will you need a leaseback in the contract so you can stay in your home and keep looking?
  • If you're relocating because of a job, how much time do you have? Are you on a strict schedule?
  • Do you already have another home ready to move into?
Questions like these will help you and your Chandler Realtor create the right pricing strategy, expedite open houses and showings as needed, and prioritize different contract elements in buyers' offers. For example, if you're staying in the area and you're still trying to find your next home, a long leaseback can reduce the stress. Alternatively, if you're in a hurry, an all-cash offer that won't have any financing delays may be much more appealing, even if it's $7,500 less than another offer on the table.

Three more things you need to know before putting your home on the market

You've looked at the market, and you know your future plans. Before you actually put your home on the market, you also need to know:

What the home-selling process is like

Photo courtesy of Pexels

If you already have a Realtor, they can walk you through the process so you know what to expect at every stage, how long the entire process is likely to last, and how the actual home-selling process will disrupt your family life. Selling your home can be stressful, especially if you feel uncertain about what to expect. You can also read through this brief guide to the entire home-selling process.

If there are any repairs and upgrades you should make to your home

Photo courtesy of Shutterstock

In a hot market, you can generally sell your home as-is. However, there are some repairs and upgrades that can drastically increase the offer prices you receive. Cleaning or replacing your home's carpets, switching to brighter lightbulbs, and small upgrades like adding handles to your kitchen cabinets can make a significant difference to people's first impressions. Depending on the age and value of your home, bigger changes like fresh landscaping, painting the interior or exterior, and upgrading the appliances that will stay behind can make your home much more desirable.

A Realtor or interior designer can recommend the changes with the biggest ROI for a fast or profitable sale.

The right marketing strategy for selling your home

Photo courtesy of Pexels

Home sellers can take a lot of different approaches to selling their homes. Even when you work with a Realtor, there are lots of small strategic decisions to make, such as:

  • Virtually or physically staging your home
  • Getting professional photography for your listing
  • Scheduling open houses
  • And more
Depending on the real estate team you work with, they may have standard processes or different recommendations available based on your plans and the expected value of your home.

The Santistevan Group is here to help throughout your home-selling journey

Selling your home requires a lot of prep work, but the right experts can help make it less stressful, less time-consuming, and more rewarding. The Realtors in the local Satistevan Group have years of experience selling homes in the Chandler, AZ, market. We're familiar with the Chandler real estate market, and we work with buyers and sellers in the area. We help homeowners feel peace of mind throughout the entire process by walking them through pricing and marketing options, helping homeowners determine the offers that best fit their needs, and managing the backend processes of selling their homes. Contact us today to learn more about how to get started and enjoy a successful home-selling journey in today's market.


*Header photo courtesy of The Santistevan Group Real Estate



Related Blog Posts

Browse the latest blog posts for all things pertaining to Ahwatukee real estate and Greater Phoenix real estate

Phoenix Art Museums: Where Creativity Meets Community
Phoenix Art Museums: Where Creativity Meets Community

The Santistevan Group | December 17, 2024

Explore Phoenix's Cultural Landmarks and Real Estate Opportunities.

read more
Aging in Place: How East Valley Homes Can Adapt for Senior Living in AZ
Aging in Place: How East Valley Homes Can Adapt for Senior Living in AZ

The Santistevan Group | November 6, 2024

Transitioning your East Valley luxury home into a safe, comfortable space for your golden years.

read more
Investment Hotspots: East Valley, AZ
Investment Hotspots: East Valley, AZ

The Santistevan Group | October 11, 2024

Discovering the Best Places to Invest in Real Estate.

read more
Tech Hubs in the East Valley: How Emerging Technologies Are Shaping Phoenix Real Estate
Tech Hubs in the East Valley: How Emerging Technologies Are Shaping Phoenix Real E...

The Santistevan Group | October 11, 2024

Exploring the Intersection of Technology and Urban Development.

read more
Multi-Generational Homes in AZ: Designing Homes for Extended Families in the East Valley
Multi-Generational Homes in AZ: Designing Homes for Extended Families in the East ...

The Santistevan Group | October 11, 2024

Creating Spaces That Bring Generations Together.

read more
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale in Gilbert
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale in Gilbert

The Santistevan Group | September 5, 2024

Experience the family-friendly atmosphere of homes for sale in Gilbert, known for its outstanding schools, beautiful parks, and lively community ev...

read more
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale in Queen Creek
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale in Queen Creek

The Santistevan Group | August 28, 2024

Enjoy the rural charm of homes for sale in Queen Creek, with its quality schools, outdoor activities, and vibrant local events that make it perfect...

read more
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale In Chandler
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale In Chandler

The Santistevan Group | August 21, 2024

Explore homes for sale in Chandler’s top neighborhoods, a neighborhood featuring exceptional schools, extensive parks, and a variety of community e...

read more
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale in Mesa
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale in Mesa

The Santistevan Group | August 14, 2024

Uncover the best family-oriented neighborhoods: homes for sale in Mesa offer proximity to top-rated schools, abundant recreational options, and a s...

read more
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale in Ahwatukee
Top Family-Friendly Neighborhoods in the East Valley: Homes For Sale in Ahwatukee

The Santistevan Group | August 9, 2024

Discover the vibrant and welcoming community when searching for homes for sale in Ahwatukee, ideal for families seeking excellent schools, outdoor ...

read more
Revitalizing Your Lifestyle: The Allure of Arizona Waterfront Properties
Revitalizing Your Lifestyle: The Allure of Arizona Waterfront Properties

The Santistevan Group | June 21, 2024

Discover the unique charm and investment potential of Arizona waterfront homes.

read more
Phoenix Real Estate Trends: How Baby Boomers and Millennials Are Reshaping the Market
Phoenix Real Estate Trends: How Baby Boomers and Millennials Are Reshaping the Market

The Santistevan Group | June 21, 2024

Baby Boomers and Millennials are vital players in Phoenix's real estate market.

read more
An Analysis Of The Scottsdale Real Estate Market: Navigating Trends And Investment Opportunities
An Analysis Of The Scottsdale Real Estate Market: Navigating Trends And Investment...

The Santistevan Group | May 10, 2024

A Comprehensive Overview of Scottsdale Real Estate.

read more
A Buyer's Guide For Vacation Homes In Phoenix, Arizona
A Buyer's Guide For Vacation Homes In Phoenix, Arizona

The Santistevan Group | May 10, 2024

Understanding Vacation Homes In Phoenix, Arizona.

read more
Emerging Trends in Paradise Valley Real Estate
Emerging Trends in Paradise Valley Real Estate

The Santistevan Group | May 7, 2024

Paradise Valley Real Estate Trends Transforming The Market.

read more
Home Upgrades and Innovations: Elevating Living Spaces in Phoenix, AZ
Home Upgrades and Innovations: Elevating Living Spaces in Phoenix, AZ

The Santistevan Group | March 13, 2024

Explore the latest trends in home upgrades and modern home improvement ideas tailored for Phoenix homeowners, including smart home design and energ...

read more
Phoenix Real Estate Trends: East Valley Market Insights
Phoenix Real Estate Trends: East Valley Market Insights

The Santistevan Group | March 8, 2024

Navigating the Dynamic Real Estate Landscape of Phoenix's East Valley.

read more
Phoenix Living: Balancing City and Nature
Phoenix Living: Balancing City and Nature

The Santistevan Group | January 2, 2024

Discovering the Fusion of Urban Vibrancy and Natural Serenity in Phoenix and the East Valley.

read more
Why 88% of Home Buyers Invest in a Home Inspection
Why 88% of Home Buyers Invest in a Home Inspection

The Santistevan Group | December 22, 2023

The significance of making informed decisions in real estate.

read more
Water Saving Tips For Desert Living
Water Saving Tips For Desert Living

The Santistevan Group | October 11, 2023

Here are expert tips on how you can help water conservation efforts in Arizona.

read more
Luxury Home Trends in Phoenix for 2023
Luxury Home Trends in Phoenix for 2023

The Santistevan Group | August 7, 2023

Uncovering the newest trends in high-end living.

read more
The Ultimate Guide to Luxury Home Living in Phoenix
The Ultimate Guide to Luxury Home Living in Phoenix

The Santistevan Group | June 13, 2023

Unveiling the city's most prestigious neighborhoods.

read more
What to Know About Seller Buydowns
What to Know About Seller Buydowns

The Santistevan Group | March 3, 2023

What you need to know about this increasingly popular topic.

read more
Avoid These Common First-Time Home Buyer Mistakes
Avoid These Common First-Time Home Buyer Mistakes

The Santistevan Group | November 18, 2022

If you’re unfamiliar with the process of shopping for Ahwatukee homes for sale, you’ll benefit from reading these tips and tricks.

read more
What to Do After You’ve Found a Home You Love
What to Do After You’ve Found a Home You Love

The Santistevan Group | November 18, 2022

Real estate tips in mind for buyers.

read more
What to Know Before Selling Your Chandler Home
What to Know Before Selling Your Chandler Home

The Santistevan Group | September 8, 2022

Planning to put your Chandler, Arizona home on the market? Here’s everything you need to know.

read more
What to Expect From the Current Chandler Real Estate Market
What to Expect From the Current Chandler Real Estate Market

The Santistevan Group | August 10, 2022

If you’re searching for a gorgeous home in Chandler, Arizona, check out this guide to learn more about the market.

read more
4 Tech Upgrades for Your Ahwatukee Home
4 Tech Upgrades for Your Ahwatukee Home

The Santistevan Group | June 14, 2022

Consider these upgrades to your Arizona home to make your stay in the desert as comfortable as possible.

read more
5 Ways to Relax in Ahwatukee
5 Ways to Relax in Ahwatukee

The Santistevan Group | June 10, 2022

From annual events to luxurious spa treatments, Ahwatukee has plenty of ways to help you unwind.

read more
6 Things to Know Before You Relocate to Chandler
6 Things to Know Before You Relocate to Chandler

The Santistevan Group | May 11, 2022

Get ready to explore a city brimming with shops, steakhouses, and plenty to do outdoors.

read more
What to Know About Ahwatukee's Current Real Estate Market Trends
What to Know About Ahwatukee's Current Real Estate Market Trends

The Santistevan Group | March 24, 2022

The Arizona housing market is hot, including Ahwatukee, with no signs of slowing down.

read more
How to Buy and Sell Real Estate Simultaneously
How to Buy and Sell Real Estate Simultaneously

The Santistevan Group | February 1, 2022

Find out the best way to juggle buying and selling a property at the same time throughout the Phoenix real estate market

read more
Luxury Home Styles of Ahwatukee
Luxury Home Styles of Ahwatukee

November 11, 2021

This comfortable community is one of the best places to live in the Phoenix area

read more
Making Off Market Listings Work for You
Making Off Market Listings Work for You

August 19, 2021

How to decide if listing your home privately is right for you

read more
The Benefits of Listing Your Home With An Ahwatukee Realtor
The Benefits of Listing Your Home With An Ahwatukee Realtor

July 12, 2021

To maximize your sale of Ahwatukee luxury real estate, look no further than an experienced and knowledgeable Ahwatukee Realtor.

read more
Phoenix Relocation Guide
Phoenix Relocation Guide

May 4, 2021

If you're moving to Arizona, there are few better places to start your search than the urban village of Ahwatukee or the suburban oasis of Chandler.

read more
Creating a Rustic Vibe With Wood Decor
Creating a Rustic Vibe With Wood Decor

November 24, 2020

These are the most effective ways to feature beautiful wood in your space.

read more
Real Estate Brand of the Year Again
Real Estate Brand of the Year Again

April 2, 2020

The Harris Poll’s 32nd annual EquiTrend Study reveals the strongest brands.

read more

WORK WITH US

We provide the absolute finest service, dedication, and local expertise possible to each of our clients. Whether you are looking to buy, sell, or invest, we will help make your home ownership dreams come true. We are always available to answer any questions you may have.

Contact Us