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Key Market Factors
How long does it take to sell a home?
There is no easy answer ? some homes sell in a few days, others may take several months.
Recognizing the key factors influencing a sale can give you significant control over market time and quality of the offers received.
The proper balance of these factors will expedite your sale:
LOCATION...
COMPETITION...
- Buyers compare your property against competing properties.
- Buyers interpret value based on available properties.
TIMING...
- The real estate market may reflect a sellers market or a buyers market.
- Market conditions cannot be manipulated; and individually tailored marketing plan must be developed accordingly.
CONDITION...
- Property condition affects the price and time on market.
- Optimizing physical appearances and advance preparation for marketing maximizes value.
TERMS...
- The more flexible the financing, the broader the market, the quicker the sale, and higher the sale price.
- Terms structured to meet your objectives are important to successful marketing.
PRICE...
- If the property is not properly priced, a wonderful home may languish on the market and ultimately attract only low-ball offers.
- TeamWeymouth Real Estate Services´ comprehensive market study will assist you in determining the best possible price.
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