Why in this housing market with limited inventory are a large percentage of homes taking so long to sell? How can you explain one property selling in a few days and other similar properties taking months to transfer. Each home has its own identity and every home owner can make decisions on how swiftly they want to move. There are a number of factors that will determine how quickly your home sells.
Picking The Right Realtor: Your choice in realtors could be the difference between selling or not selling. Just as all homes are not the same, neither are all realtors. The absolute first requirement in getting maximum value for your property is picking a local experienced realtor that understands specific neighborhood values and they also should be well-respected within the real estate community. A local realtor will promote your home to other local agents that will normally generate the best prices. It’s been repeatedly proven over time that an in town agent will garner the highest value for their listings, with the least amount of inconveniences.
Price It To Sell: There’s nothing more deflating for a buyer than a new listing that fits their needs and demands, but the price is well above fair market value. The first few weeks of marketing are the most critical time. During that period is when many sellers start receiving an offer or two. Even with a shortage of homes, buyers will not blindly overpay for a property. If by chance a buyer elects to pay more than fair market value, the appraiser will squash the deal and bring the inflated price back to reality. Your realtor can prepare a market value analysis. The analysis is based on the most recent activity in your neighborhood comparable to the subject property.
Property Preparation: A well maintained home and peak value go hand-in-hand. Location and condition are the most important criteria when determining true worth. Rather a home has been updated or not, it’s still important to clean, declutter and stage your home. The front yard and entrance should be attractive and inviting to the buyer. Getting your home sold at top dollar can be accomplished with a combination of property preparation, pricing your home correctly to sell and choosing the right local realtor. Please visit my website www.JohnnyBrooksHomes.com for helpful tips on buying or selling a home, scan my informative blogs and easy access to view local area homes for sale in Davis, California and the surrounding communities.