Now that you’ve decided to sell your Denver home, you want to know how long it’s going to sit on the market. How do you go about figuring that out? The last thing you want is for it to sit on the market for months without any interest from potential buyers. Here are a few simple tips to help you come up with an estimate for how long the home might sit before selling.
Where Does Your Price Match Up?
You should take a look at other Denver homes that are currently in the market and similar to yours. Find out where your price fits with them. You should consider size, location, condition and even attractiveness. If you want to sell your Denver home quickly you should consider pricing your home lower than the market if possible. Keep in mind that pricing your home too high will keep you from being seen by people looking for the lower prices.
Will You Negotiate?
If you are not willing to take less than your asking price, then maybe selling quickly just isn’t in the cards for your home. Your willingness to negotiate with buyers will be a major deciding factor on the speed of your sale.
Hire a Professional Photographer
Selling your Denver home isn’t just about making the inside and outside look good; you need to also present it well. You should take the time to have it properly staged and photographed by a professional. If the photos are inviting and show off the best features of your Denver home then more people will be interested in seeing it. This can mean a faster sale.
Look at the Numbers
If you are a numbers or statistics person this last tip is for you. Take a look at the average number of days similar Denver homes in the area are on the market, in comparison to current market levels, median market time, sale prices and percentage or list-to-sale prices. This will give you a good idea of where your home falls into place and a clear vision of how quickly it can potentially sell.
The process to sell your Denver home can be complicated, overwhelming and exciting all at the same time. So the last thing you want is for it to sit on the market too long, making it seem impossible to sell. Following these few tips above can help you to create a strategy that sells the home quickly and at a price you are comfortable with.