Sellers /On May 26, 2017

How Long Should It Take To Sell My Home?, Part 5: Dynamic Market

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How long should it take to sell my home?

That’s a great question, and absent a crystal ball, we have to rely on market data to answer that question. There are several things to consider: supply and demand, absorption rates, competition, and seasonality.

It’s also important to remember that the market is dynamic, and literally shifts every single day with new listings coming on the market, properties selling and expiring, etc. Each closing creates a new comparable for an appraisal, and so we must constantly monitor closing activity as it can lead to changes in market value between the time your listing goes active and when the appraisal for the buyer’s mortgage is completed.

Click here to download our eBook, "How Long Should it Take to Sell My Home?"

So…back to our initial question…"how long should it take to sell my home?” Our agents use a 10 step methodology to answer that question, along with recommending a list price. Then, we meet with you every 30 days to review what has happened in the market, and how that may affect our current market position.

If you’re a seller who has been wondering if it might finally be time to sell this summer, email us at concierge@lizmoore.com, or click below, and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.

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Lynnette Tully

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About the company

Liz Moore & Associates is a boutique real estate agency renowned for having the region's top agents, with extensive market knowledge and local expertise that is only achieved through relentless training coupled with Liz's extremely high standards for professionalism. When you're buying or selling a home, experience matters.