How To Shorten Your Property's Days On Market

20 June 2023
 Categories: , Blog

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Days on market — or the period your home takes to sell after listing — depends on multiple factors. You can influence some of these factors to sell your home fast. Below are some tips to shorten this period.

Price It Right

Real estate professionals understand that properties have different values. For example, the market value represents the amount people would pay for a house in an open market. The assessed value represents the home's value according to the government (for taxation purposes). The replacement value represents how much you would need to rebuild the house after damage.

You should be interested in the market value when selling your home. This value represents what you expect to get when selling the home. To come up with an accurate market value, consider things:

  • Prices of comparable homes recently sold in the neighborhood
  • Your property's age
  • Your property's condition
  • The neighborhood quality
  • The home's size

Correct pricing is not easy; get a professional realtor to help you. Otherwise, you might overprice the home and extend its days on the market.

Market the Property Appropriately

Marketing the house ensures it reaches the widest audience possible. The more people see the house, the higher the chances they will like it. Don't just list the house on an MLS and wait for buyers. Hold open houses, use mailings, and take newspaper ads. A good realtor will help you do all these and shorten the house's days on the market.

You also want the best showing experience for those viewing the house. For example, everything should be squeaky clean during the showing times. Offer refreshments to potential buyers, don't pressure them, and don't follow them around. Be ready to offer private showings to buyers who request them.

Improve the Property's Presentation

Ensure the property looks as good as you claim it to be. The property should look good both online and in person. Improving the property's presentation requires improving curb appeal, staging the house, and taking good pictures.

Improve the curb appeal by giving the landscaping some TLC. Mow the lawn, weed the garden, and trim the hedges. Clean and wash the hardscaping, doors, and windows. Staging the house requires you to clean and declutter it. You should also invitingly arrange the furniture, air out the house, and let in the fresh air. Hire a professional for the listing pictures.

Hopefully, you will sell your home fast at an attractive price. Contact a real estate agent to help you with the process and ensure you don't waste time.