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There are many factors involved in determining
how long it may take to sell your home. If you understand these,
you'll be more comfortable with the sales process, and better able to
make
the best pricing and marketing decisions for your home.
Location:
This is the single
most
important factor in determining how quickly, and for what price, your
home
will sell.
Condition:
The better your
home shows, the easier it will be to sell. Most home buyers do
not
want to purchase a home which need repair. If you take steps to
improve
your home's appearance (many of which aren't even that expensive) you
will
improve the chances for a prompt sale.
Terms: If you are in a
position
to offer potential purchasers "terms" you expand the number of buyers
who
could purchase your home. If you can afford to help the buyer
finance
the purchase of your home, please let me know. If you can offer
terms,
you might obtain a higher price than if you don't offer terms.
Competition And Market Strength:
If there are a lot of homes similar to yours available, then you may
have
to lower your price to distinguish your home from other available
homes.
If it is a "seller's market" with homes selling quickly, then you may
obtain
a higher price than if it is a "buyers market" with more homes taking
longer
to sell.
Price: If your home
is priced too high when it is first listed, it won't get the exposure
it
would were it competitively prices. A careful review of the
Comparative
Market Report will help you in working with me to establish the best
listing
price for your home.
A seller has control over all the
factors
above except for location, competition and market strength. I
will
work with you to influence those factors under your control to maximize
your chances of selling your home for the best price, in the shortest
period
of time.
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