I always remind people that we can sell a house in five minutes, if we list it for $5 – a bit of hyperbole to drive home the point that the market is not as unpredictable as it sometimes seems. The question is what in your situation is fixed and what can function as a variable. For instance, how much time on the market could you trade for a higher price? How much of the inconvenience of staging your home could you trade for a shorter time on the market? And so it goes.
My role as a real estate professional is to help you identify the variables in your particular equation and come up with a solution that works!
"While most homes are staying parked on the for-sale market for a longer time these days, occasionally a residential property turns over in 24 to 48 hours. Such transactions elevate the mood of the professional real estate community and its clients, while offering a snapshot of ideal conditions that contributed to the near-immediate sale and that could possibly help move other listings faster, as well.
According to real estate professionals, the key components of a quick turnaround on a home for sale include realistic pricing, a polished and well-staged appearance, the right location, and the interest of a prospective buyer who is compatible with the property."
For the full Realtor magazine article: http://www.realtor.org/RMODaily.nsf/pages/News2008070703?OpenDocument
Monday, July 7, 2008
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