According to Zillow, the average house sells within 55-70 days of its listing.
Of course, countless factors determine how long your home will stay on the market. If your house is on the market for too long, it becomes more difficult to sell for an adequate price. Other homes might take no time at all to sell.
In today’s post, we’ll tell you 7 signs that your house will sell fast. If you recognize these signs early, you can capitalize on a hot market and ensure a successful real estate transaction. Keep reading and make a quick sale.
1. Great Location
Location is everything in a real estate transaction. If there has been a growing number of home sales in your area recently, it indicates a lot of buyer interest in your neighborhood. This is a great sign and the perfect time to capitalize on a hot market.
2. Competitive Price
Pricing a home can be difficult. Set the price too high and your home could be sitting on the market for far too long. Price it too low and you’ll leave too much money on the table.
That said, the more competitively you set your price, the faster you’ll find a buyer. There are many reasons to set a competitive price, from needing to pay for medical bills to relocation – this resource explains it well.
3. Busy House Showing
Open houses are a great way to understand how much interest your home is garnering. If you have dozens of interested property buyers show up to your open house, an offer isn’t far behind. Other signs a house showing went well include lots of questions from buyers, follow-up requests, and discussions of offers on the spot.
4. Good Market Conditions
Market conditions are a great indicator of how fast your home could sell. For example, if there’s a particularly low inventory of homes for sale in your city, it’s in your best interest to list your single-family home for sale. Low inventory and high demand is a recipe for a quick sale.
5. Great Curb Appeal
According to the NAR, over 90% of sellers agree that improving curb appeal is important before a sale. The exterior of your home is the first thing buyers see when they arrive, and first impressions are crucial. If you’ve put a lot of work into your home’s exterior, you’re in good shape for a sale.
6. You’re Willing to Negotiate
Your attitude towards selling your home is a factor as well. If you’re happy to negotiate on your home price, you’re far more likely to find a suitable buyer sooner rather than later.
7. Reputable Agent
Lastly, if you’ve got a great agent, you can put your full trust in their abilities to make a quick sale. You can even instruct them to prioritize speed over maximum sale price, which will expedite the process even further.
Take These Signs Your House Will Sell Fast Seriously
If you’ve seen one or more of these signs your house will sell fast, it’s time to get ready to move. There’s no better feeling than getting your real estate transaction over with quickly, so control what you can control and hope that market conditions are conducive to selling your home quickly.
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