Tips to Sell Your Home in Atlanta

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Real Estate
July 20, 2024
Tips to Sell Your Home in Atlanta

If you’ve searched “sell home Atlanta” or “sell house Atlanta” recently, we’ve got some good news for you! Although current inflation and interest rates affect the national buyer pool, demand is still high—and still growing—in the Big Peach. 

Atlanta is now the sixth-largest metropolitan region in the country—after 1% growth in 2023, its population of 6.3 million residents pushed it ahead of D.C., Philadelphia, and Miami. So, if you’re an Atlanta homeowner looking to sell, that means you’ll find plenty of motivated buyers willing to make an offer if you follow these tips.

Understand Atlanta Real Estate Market Trends

Atlanta is one of Zillow’s top 10 hottest markets for 2024, based on home value appreciation, the job market, homeownership levels, and the speed of residential real estate sales. As of May 2024, homes are selling in about 34 days at a median price of $430,000 ($294 per square foot) after receiving an average of two offers.

However, understanding the market for Atlanta home sales means drilling down to the neighborhood level, not just considering national, state, and city trends and cycles. And Atlanta residential properties run the gamut from low-cost to high-luxury neighborhoods. 

Seek out a licensed real estate agent, interview multiple professionals, find out how many sales they’ve closed in your neighborhood, and request their take on this hyper-local level of real estate trends. 

Get Your Home Ready for Sale 

The preparation stage of selling a home in Atlanta begins well before the property is listed—on average, homeowners spend six months and about $5,400 on costly repairs and remodeling., 

To appeal to prospective buyers, you’ll want to: 

  • Address all repair and maintenance needs, from roof repairs to dripping faucets
  • Consider whether to invest in any upgrades that will truly pay off at the time of sale
  • Organize, deep clean, and put extra belongings and decor in storage
  • Boost your curb appeal with plantings that take advantage of Atlanta’s sunny weather 
  • Stage your home to maximize light, modern fixtures, and appealing features

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Make Sure Your Price Is Right

The most effective approach to home pricing involves a little more effort than you may have anticipated, but it pays off. Finding the right price tag for your home is key to maximizing profit and reducing the risk of a home sitting too long on the market, losing appeal, and displaying a price drop.

You can typically receive a comparative market analysis (CMA) at no cost from prospective listing agents. They analyze homes that have recently sold plus listings that are similar to the location, size, features, and age of your home. 

 The best approach to pricing your Atlanta home is to: 

  • Interview three to five real estate professionals and receive CMAs from each
  • Ask about list-to-sale price trends in your Atlanta neighborhood
  • Request a multi-tier pricing proposal covering as-is vs. various home improvements
  • Seek offers from a variety of cash buyers
  • Compare your options and take into account your budget and timing needs

How to Market Your Home Effectively

Before you land a fair offer, you need to capture potential buyers’ attention. Marketing is where real estate professionals provide you with some of their biggest value—so if your listing agent’s idea of marketing ends with a yard sign and a multiple listing service (MLS), keep looking. Ask potential agents to provide a marketing plan and samples. They will likely also conduct an open house so be sure that the property is properly maintained for a potential buyer to see.

 In addition to signage, open houses, and MLS listings, their plan should include: 

  • Web listings across multiple sites and platforms
  • Social media promotion
  • Digital advertising
  • Professional photography

Additionally, ask potential agents about: 

  • Bilingual marketing—there are more than a half million Spanish speakers in Atlanta
  • Virtual lookbook with ability to digitally decorate key rooms in your house
  • Videos and 3D tours

Know Your Options: Consider a Sale-Leaseback

The traditional home selling process in Atlanta takes preparation, effort, and cost. You can up your chances of selling at your list price quickly by understanding your area real estate market trends, pricing your property effectively, and working with a skillful real estate agent who can deliver results. 

But before you sign with a listing agent, have you considered all of your options? Truehold's sale-leaseback can help you cut through the time, stress, and work of a traditional sale. Rather than marketing to individual buyers, you sell directly to a residential real estate and services company and pick a closing date convenient for you. 

The sale is accompanied by a lease agreement that allows you to seamlessly transition to renter status. You can stay for a month while you’re packing and shopping––or building a new Atlanta home––as long as you pay rent and comply with the lease. Benefits of a residential sale-leaseback include: 

  • Cashing out your home equity, debt-free
  • Flexibility to pursue your next home or move on your own time
  • Negotiating power as a buyer without the need for a sale contingency
  • No more property tax or homeowners insurance payments
  • Freedom from major repairs 
  • No cost and time sunk into home renovation, organization, and staging for a listing sale

Ready to learn more about an Atlanta sale-leaseback? Call (314) 353-9757, and one of our advisors will reach out to review the process and answer all your questions.

Sources: 

  1. Bankrate. Atlanta housing market: Everything you need to know. https://www.bankrate.com/real-estate/housing-market/atlanta-ga/
  2. Metro Atlanta Chamber. Atlanta metro area now 6th largest in the U.S. https://www.metroatlantachamber.com/atlanta-metro-area-now-6th-largest-in-the-u-s/
  3. Zillow. Waterfront Cities Dominate Zillow’s Hottest Markets for 2024. https://www.zillow.com/learn/hottest-housing-markets-2024/
  4. Redfin. Atlanta, GA Housing Market. https://www.redfin.com/city/30756/GA/Atlanta/housing-market
  5. Zillow. What Is the Average Time to Sell a House? https://www.zillow.com/learn/average-time-to-sell-a-house/
  6. CBS News. Here's how much home sellers spend to spruce up their property before listing them. https://www.cbsnews.com/news/home-improvement-steps-before-selling-house/
  7. Stacker. Most common languages spoken at home in Greater Atlanta and surrounding regions. https://stacker.com/georgia/atlanta/most-common-languages-spoken-home-greater-atlanta-and-surrounding-regions

Lucas Grohn headshot
Written by
Lucas Grohn
Senior Manager of Sales at Truehold - A Thought-Leader in Real Estate
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Lucas Grohn brings over a decade of real estate expertise to his role, where he guides a team dedicated to innovative sales strategies. Known for his thought leadership and diverse experience, from managing brokerage operations to training agents at top firms, Lucas covers a broad span of real estate content for Truehold.
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Truehold's blog is committed to delivering timely and pertinent insights in real estate and finance, purely for educational and informational purposes. Crafted by experts, our content is thoroughly reviewed to guarantee its accuracy and dependability. Although designed to enlighten and engage, our articles are not intended as financial advice and should not be the sole basis for financial decisions. Our stringent editorial practices ensure the integrity of our content, empowering our readers with valuable knowledge.

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