For Sale By Owner - Key Market Factors

By
Real Estate Agent with Better Homes and Gardens Rand Realty

How Much Is Your Home Worth

Key Market Factors

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How long does it take to sell a property? Some properties sell in a few days, others may take several months. By recognizing some key factors that influence marketing a home, you can get significant control over market time.The proper balance of these factors will expedite your sale:

 
  • Location
    Location is the single greatest factor affecting value. A neighborhood's desirability is basic to a property's fair market value.
  • Competition
    Buyers compare your property against others in that neighborhood. Buyers interpret value based on available properties on the market.
  • Timing
    The real estate market may reflect a "buyers" or "sellers" market. Market conditions cannot be manipulated; an individually tailored marketing plan of action must be developed for each property.
  • Condition
    The property condition will affect price and speed of sale. Optimizing physical appearance and advance preparation for marketing maximizes value.
  • Terms
    The more terms available, the larger the market, the quicker the sale and the higher the price. Terms structured to meet your objectives are important to successful marketing.
  • Price
    If the property is not properly priced, a sale may be delayed or even prevented. Reviewing the Comparative Market Analysis assists you in determining the best possible price.
  •  

    For assistance with any of your real estate needs, please contact me by email, phone or visit me at my office, whether it's to get started on helping you realize your goals and dreams, or just to ask a question - no pressure, no hassle, no obligation - just a friendly conversation. I would welcome the opportunity to make a difference for you.

     
    Anthony Stokes Pereira

    Phone: (845) 770-2188

    Cell: (845) 538-07021
    Fax: (845) 624-7134
     

     
     

    If your house is currently listed with another broker this is not intended as a solicitation of that listing. This is intended to be informational only. Please be advised that real estate practices vary from state to state and market to market. The information contained herein does not constitute legal advice.

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