If you are considering selling your home, you may reasonably wonder how long it will take. This can depend on a variety of factors. Among those factors is the status of the current market and the number of available homes versus the number of qualified buyers in the market. In the past few years, many markets have had a major shortage of available homes for sale. Fortunately, that trend is beginning to turn around in many areas with a slight increase in listing inventory.
In understanding how long it may take for your home to sell, it is also important to understand the process that buyers typically undertake in their search for a home. In most cases, buyers do not simply wake up one morning, decide to buy a home, and start looking that day. The buying market today is significantly different than it was in the past. The majority of homebuyers today approach home buying by first beginning their search online. This means that before prospective buyers even schedule an appointment to see your home, they have likely already researched it online.
This makes the importance of online marketing crucial. We all understand the importance of making a good first impression. For this reason, the significance of curb appeal is often stressed when it comes to selling a home. Today, it is even more critical to stress the importance of online curb appeal. High quality photographs and an attractively staged home play a big part in how many buyers choose to see your home in person. Effective staging of your home by Envision Home Staging & Design can cut the marketing time for your home in half. If your home isn’t attractive online, most buyers won’t take the time to make an appointment to see it.
Probably, the most important factor to determine the length of time your home will be on the market is the price. Before listing your home, I perform a market analysis to determine its approximate value. While this is very important, it isn’t certain since the market is constantly changing. We will list your home at a price we both agree on but I will continue to monitor the market and make you aware of significant changes in the market that may impact your home’s value. As part of the listing process, we will talk about your desired timeframe for selling. The faster you want to sell your home, the more aggressive we will be in pricing your home.
Brooke Boles
Coldwell Banker Realty
501 E Camino Real
Boca Raton, FL 33432
561.595.4473
Brooke.Boles@CBREalty.com
www.BrookeSellsBoca.com
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