Lately is seems my posts are including lists. I guess that is they way my thoughts have been flowing recently.

Lets talk about KEY MARKET FACTORS. I would like to hear from readers on your thoughts and the importance of each. So, give you mind a little workout and think about a property you are trying to sell.

How long does it take to sell a property? Some properties sell in a few days, others may take several months. Recognizing some key factors that influence marketing a home, you can get significant control over market time.

Having a proper balance of these factors will help in the sales process.

LOCATION - Location is the single greatest factor affecting value.  Do you agree or disagree? a neighborhood's desirability is basic to a property's fair market value.

COMPETITION - Buyers compare your property against others in that neighborhood. Buyers interpret value based on available properties on the market.

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.

CONDITION - The property condition will affect price and speed of sale. Optimizing physical appearance and advance preparation for marketing, maximizes value.

TERMS - The more terms available, the larger the market, the quicker the sale and higher the price. Terms structured to meet your objectives are important to successful marketing.

PRICE - It the property is not properly priced, a sale may be delayed or even prevented. Reviewing a CMA (Comparative Market Analysis) assists you in determining the best possible price. 

Todd Jones, Realtor - Selling Scranton, Clarks Summit Real Estate