Members: 112,835 - 2,156 Online Now
 

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

The proper balance of these factors will expedite your sale:

A Location, Location is the single greatest factor affecting value. A neighborhood's desirability is basic to a property's fair market value.

A Competition, Buyers compare your property against others in that neighborhood. Buyers interpret value based on available properties on the market.

ATiming, 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.

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

ATerms, 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.

A Price, If the property is not properly priced, a sale may be delayed or even prevented. Reviewing the Comparative Market Analysis assists you in determining the best possible price.

 

For additional local real estate information, information about me and my services, to request home listings by E-Mail, to request a market analysis on your current home, or to tour the MLS Listings please visit my web sites at http://www.richmondvahomes4sale.com/ or http://www.e-richmondhomes.com/.

 

0 Comments on Key Market Factors

This blog does not allow anonymous comments

 
Real Estate Agent: Mohamed Mekhimar - Accredited Buyers Rep , E-Pro - Richmond Virginia Real Estate (RE/MAX Commonwealth)
Mohamed Mekhimar - Accredited Buyers Rep , E-Pro - Richmond Virginia Real Estate
Richmond, VA
More about me…
RE/MAX Commonwealth

Office Phone: (804) 288-5000
Cell Phone: (804) 243-0605
Email Me
A place for sharing my thoughts, opinions,Information, discussion, comments, experience, questions and to learn from the feedback of others. mostly about real estate in and around the Richmond, Virginia area. However, almost anything else that catches my fancy can and will be included!



Links

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find VA real estate agents and Richmond real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved