How long will it take to sell my home?

SELLER CONTROLS

The Selling Price.

If your house is not priced right according to market conditions, plan on waiting a long time for your house to sell. And then, plan on getting less than your home is worth.  You see, when buyers discover that your house has been on the market for a long time,  they see it as a signal that there is something wrong with the house. Also, buyer's agents will stop showing their clients your home, thinking that you aren't serious about selling.  Eventually, your time will run short and you will be forced to accept less for your home than it is worth.

If your home has not sold after 30 days, consider reevaluating the price of your home. It could be priced just right, but the market could not be doing too well.

The Home's Condition

People expect to pay less when something is not in prime condition.  Today, both spouses are often employed and simply don't have the time or money to spend upgrading a home.  If you do prepare your home for sale and then not keep your home clean and well-maintained, you will most likely sell your house for less than it could be worth. But if you do, you may be able to sell your home for even  more than you would expect.

Accessibility for Showings.

Very few buyers will purchase a home without seeing inside of it.  The easier it is for agents to  make appointments to show, or to use a Keybox if you aren't home, the faster your home will sell.

Financing Options.

If the only terms you will accept for the sale of your home is cash, you will have to seriously underprice it to get activity.  Open up financing options for buyers by agreeing to help with FHA ,VA and other government sponsored loan programs or even consider carrying back 10% of the sales price to help with the buyer's down payment requirements.

AGENT CONTROLS

Exposure to Buyers.

We all wish that we could plant a "For Sale" sign on the front lawn, wait for the right buyer to happen to drive by, see our house, fall in love and make an offer we can't resist.  Unfortunately, that type of fairy-tale ending usually only happens in Disney movies.

Your @Home Realty Network agent is an expert at marketing your home.  He/she will work diligently to insure that every buyer in the market place today, in your price range, knows that your home if for sale.  That is our job and we do it well.

NO ONE CONTROLS

Interest Rates and the Economy.

Sorry, but neither of us are members of the all-powerful Federal Reserve Board thus interest rates and the state of the economy is beyond our control.

Your Location

Fifteen years ago when you bought your home, it could have been sitting in the middle of what was then a real estate goldmine, but as neighborhoods change, new developments arise and demographics change, neighborhood values change.  Since we can't move your home, you neighborhood will affect your home’s value and saleability.

Competition

No one can control the number of homebuyers versus the number of homes for sale in a given price range. If there are more homebuyers than there are homesellers, you will probably have a quick sale for a desirable price. However, if the opposite is true, it may take you awhile or you’ll have to accept less.

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