Once you have decided to sell your home, you are next probably wondering how long it will take to sell. It depends on a number of factors. If you have a good understanding of the sale process, you will have a better idea of what kind of timeline you are likely to face and how you might be able to speed things up.
Don't Be Afraid To Ask Questions
Buyers and sellers both benefit from not holding back and asking questions. If you just list your property and expect it to sell itself, chances are you will be waiting for quite some time. A professional agent will welcome any and all questions about your property and by having a look at sales statistics for other homes in your area, will be able to give you a good estimate of the timeframe for you to expect.
Surprising Factors Affecting The Short Sale Timeline
The real estate market as it is in your neighborhood is one of the main deciding factors in how long your home will stay on the market. And this is a factor that you have almost no control over. But if you can concentrate your efforts on the things that you can control, you may be able to have an effect on how long it is on the market.
First, make certain that you are asking a fair and reasonable price that is in line with other similar homes in your area. If you are asking too much, you may very well be putting your home out of the reach of interested buyers. A price adjustment to increase buyer interest may be in order. If your terms of sale are reasonable, you increase the odds of a quick sale.
Your home's condition is another factor that affects how long it remains on the market. If a potential buyer passes your property, it should look well maintained and inviting. If that lures them inside for a look, will they find a neat home with fresh paint and an upgraded bathroom or kitchen? The curb appeal gets them inside; an interior that looks and smells fresh will hold their interest, one of the most important steps you can make towards a quick sale scenario.
Start Thinking Creatively
Use your creative half of your brain in order to help draw interest in your home. You may want to consider using seller financing if you are financially able. You should only finance for only part of the price and this allows a buyer to get a lower interest rate and will help to close a sale faster.
Be sure your home's best features are clearly on display and can be seen. If you have a kitchen that has undergone renovations make sure that you bring this to a potential buyer's attention. If your home has an oversize fireplace be sure and mention it in any ads you have. You may want to consider hiring a professional gardener to bring a new look to your front and back yards or a painter to touch up your home. Curb appeal gets buyers into your home and an interior that is well cared for will add to their interest. Spending just a little cash can have a large effect.