HOW LONG WILL IT TAKE TO SELL YOUR PROPERTY?
Some properties sell in a few days, others may take several months. By recognizing the factors that influence marketing a home, we can significantly control the time.
PROPER BALANCE OF KEY MARKET 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 and interpret value based on properties available on the market.
- Timing
The real estate market may reflect a “buyers” or “sellers” market.
An individually tailored marketing plan of action must be developed for each property. Here on Hilton Head Island, Spring and Fall are the most successful seasons.
- Condition
The property condition will affect the price and speed of sale. Optimizing physical appearance and advance preparation for marketing maximizes value.
- Price
If the property is not properly priced, a sale may be delayed or even prevented. Reviewing a Comparative Market Analysis will assist you in determining the best possible price.