Why Do Some Homes Sell Sooner than Others?
On the Market for Fort Mill, SC
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What makes one home sell in a few weeks while another may linger on the market for what seems like seasons?
Well, each case is different, but it almost always boils down to one of these 4 factors.
Price – A home that is priced right will attract buyer attention. A fair and reasonable asking price that is in keeping with market demands will pique consumer interest and ultimately make the property more appealing.
Condition – Unless they are searching for an investment property, mo! st buyers are looking for a structurally sound home that has been well-maintained. In addition, a home that “shows well” is likely to sell quicker. This means the home is clean, well-kept, updated and appealing to today’s buyer.
Location – The better the location, the more likely the property will demand buyer attention. This could mean a single-family home in a charming town with an exemplary school system. Or it could mean a wonderful apartment in a great section of the city.
Market – Whether it is a “buyer” or “seller’s” also influences how long a property is up for sale. When the advantage is with the buyers, you may need to make allowances, such as
a lower asking price or favorable terms to help your property attract a bid. Your seller agent is your greatest resource during your home sale. He or she can further explain how these factors will influence your particular listing.
This article is from Carmen’s Life at Home January 2008 Newsletter and Century 21. To see the entire newsletter click here – Jan 08 life at home newsletter
