How long Will it Take?

With the New Year just a few days away you might be thinking of selling your home, if so then one of your questions will certainly be: "How long will it take to sell my house?"

If you want to sell in your time frame and not endure months of inconvenience and anxiety, you must be the best value on the market. Value is made up of price, condition, location and emotional intangibles like attractiveness.

So how do you set and manage the value?

Evaluate Comparables: I don't think there is an alternative to previewing the Active. Carefully study the online interior photos and make lists of the pros and cons compared to your house.  comparables with a knowledgeable local Realtor. You must visit the houses in person and realistically "think like a buyer". You should also drive by the houses that have recently sold or are under contract

Considering asking your self the following question now: 

Would my house have been chosen over the ones that just sold?

Market Analysis: Your Realtor should show you a detailed market report of the inventory (inventory simply means the # of comparable houses currently on the market in your area), How many will sell each month and the average DOM or Days on Market. The report should be based on data from the MLS system. You should be able to develop a very clear picture based on the statistics and research provided.

Be Realistic: How will your house compete against other homes in your area? To sell in this market, your home must be compellingly priced, well staged (best presentation you can do or afford) and be aggressively marketed by a full-time Realtor with a successful brokerage.

Now for the really big question:

Do I really want to sell?

"How long will it take to sell my house?" won't be a quick or simple answer but it doesn't require a crystal ball. A real answer will require that you are realistic, willing to work hard and that you hire the right Realtor.

Thinking of selling in the Durham Region? Please give me a call at (905) 728-1600 office or direct at (905) 435-SELL.

SCOTT ROY

RE/MAX JAZZ 

21 Drew Street

Oshawa ON

(905) 728-1600 Office 

(905) 435-SELL