Dallas named one of the top 10 markets for sellers

February 20th, 2014

Dallas ranked seventh on a top 10 list of best cities for selling a home.

Dallas was listed as one of the top markets for sellers in the U.S. on the ZipRealty Top 10 Best Cities for Home Sellers in 2014 report.

The online real estate marketing solutions provider and residential real estate brokerage firm used three evenly weighted housing metrics – total housing inventory per capita, median days on market and median sales price – to rank the top 10 metro areas. Dallas holds the seventh spot on the list.

“The real estate markets in the western region soared compared to the rest of the country in 2013, based on data we compiled over the past year in our Housing Trends Report,” said ZipRealty CEO Lanny Baker. “While we expect these metros to outperform once again this year, it should be at a more measured pace.”

The top 10 metro areas are:

  1. San Francisco Bay Area
  2. Sacramento, Calif.
  3. San Diego
  4. Las Vegas
  5. Orange County, Calif.
  6. Los Angeles
  7. Dallas
  8. Houston
  9. Washington D.C./Northern Virginia
  10. Chicago

Tips for getting the best list price
While Dallas and the other top 10 markets are hot for sellers, homeowners looking to trade up may still need to be proactive when it comes to selling their home. Van Davis, president of brokerage operations for ZipRealty, said sellers should work with a real estate agent to ensure they get a reasonable list price.

He also suggested that sellers research online to find information on reputable agents, including ratings on expertise and qualifications. Sellers can visit Realtor.com, the official website of the National Association of Realtors, to find a qualified real estate agent.

Sellers should find someone they feel comfortable working with, who can work with their schedules and will be focused on their needs. Interviewing a few options can help sellers decide on an agent that is best for them.

Getting your listing the most exposure
In addition to working with a real estate professional, Davis noted that establishing a presence online is key to selling a property.

“Online exposure of your home is critical,” he said. “Make certain the agent and their brokerage are able to fully expose your property on the Internet since 93 percent of homebuyers start their search there.”

Some sellers have even turned to social media sites to sell their homes. However, caution should be exercised, as some may be turned off by repeated sales pitches appearing in their news feed.