How long will it take to sell your home? A proper balance of key these key market factors will expedite your sale:
1) Location - Location is the single greatest factor affecting value. A neighborhood's desirability is basic to a property's fair market value.
2) Competition - Buyers compare your property against others in that neighborhood and interpret value based on properties available on the market.
3) 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.
4) Condition - The property condition will affect price and speed of sale. Optimizing physical appearance and advance preparation for marketing maximizes value.
5) 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.