The Factors That Influence The Time It Takes To Sell A Home!

Condition of Your Home: If it shows poorly and/or have major defects which are not corrected prior to listing the property for sale, a sale may not take place. Good curb appeal helps sell your home faster!

Pricing: A home priced at market value will attract more buyers, than a home priced above market value. If the property doesn't sell after a reasonable period of time (usually about 18 days), then a price adjustment should be made.

Market Condition: While it's always difficult to forecast the housing market, all the main indicators suggest that the boom we've been enjoying is slowing down.

When you understand current market conditions, you are better able to position yourself as a Seller. It helps to know if you are in a Sellers, Buyers or Balanced Market when setting your asking price.

Timing: This is the condition of the Real Estate Market at the time of the sale of the property. Neither the seller nor the real estate agent can change market conditions - it must be accepted for what it is.

The Competition: A home priced competitively will attract a greater number of potential buyers and increase your chances for a quick sale. The question you have to ask is "What other choices of homes does Buyer's have"?

Exposure: A home must receive maximum market exposure and also be presented in a way that highlights its unique character and features.

Technology: The real estate industry has undergone a technological revolution that has enabled those agents who embrace the technologies to work more productively and provide their clients with better service. I've always made a point of using the latest technologies to benefit my clients.

Even the best promotional efforts cannot overcome the above!!

If they are out of balance, the house will take longer to sell or may not sell at all !!

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