The length of time to market a house will vary according to market conditions. While some properties sell in just a few days, others may require several months. There are six factors that influence the time it takes to sell a property.
Every buyer makes his decision about which home to buy, and how much it is worth based on his other choices at the time he buys.
If the financing should cost too much, or if the seller requires more down payment than most people have, the financing may delay or prevent the sale.
If the property has not sold after a reasonable length of time but other similar properties have sold, then the price may need to be reduced. If this is true and the price is not reduced, a sale may delayed or prevented.
If the property should show poorly or have major defects which cannot be, or are not corrected, a sale may not take place until the defects are corrected or until the price is adjusted to compesate for them.
Timing represents the condition of the real estate market at the time of the sale. Supply and demand determine whether it is a Sellers' or Buyers' market. Neither the Seller nor myself can change the condition of the market at the time the property is for sale. It must be accepted for what it is.
My marketing techniques are constantly being tested and upgraded for best results. However, even expert marketing has its limitations because marketing cannot overcome any of the first five factors if they are out of balance and remain uncorrected. I will provide you with a constant flow of updated information which will help you determine the marketability of your property.
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