9 Reasons Why Some Homes Sell Faster (Infographic)
Here are 9 Reasons Why Some Homes Sell Faster. Real estate is all about location, location, location, and you can’t change that. This list is a great starting point to self assess your situation. Are you in a good position to sell your home for top dollar and in the shortest amount of time?
Some Homes Sell Faster. How?
1. CURB APPEAL
Realtors named curb appeal the number 1 factor affecting the amount of time a home is on the market. – Zillow study
2. LOCAL SCHOOL RATINGS
Homes linked to good schools sell faster and at a premium. In one study, one in five buyers said they’d pay 6% to 10% above their budget for the right school. – Realtor.com survey
3. MOVE-IN CONDITION
Homes that can be marketed as move-in condition sell 12 percent faster. -The Wall Street Journal
4. QUALITY PHOTOS
Homes that were marketed with professional photos sold faster in one study, and for $3,400 to $11,200 more than homes presented through amateur photos. – Redfin study
Staged homes spend 73% less time on the market than non-staged homes. – The Real Estate Staging Association
Some Homes Sell Faster. How?Home staging resulted in 37% sold above list price and 51% sold at list price.- The International Association of Home Staging Professionals Click To Tweet
6. VIRTUAL TOURS
Adding a virtual tour to marketing decreases sales time by 20% and increases the price by 2%. –Paul Carrillo, George Washington University Study
7. DESIGN FEATURES
According to one study, homes marketed with the following features sell anywhere from 38 to 63 days faster: farmhouse sink, subway tile, quartz, barn door, shaker cabinets, pendant light, exposed brick, frameless shower, stainless steel, tankless water heater. – Zillow Diggs study
8. PROPER PRICING
Homes priced around or slightly below market value are almost 50 percent more likely to sell within 60 days than those priced 12 percent or more above the market value. – Zillow study
9. THE RIGHT AGENT
An experienced agent, who knows the market and has a network of potential buyers can help sell a home 32 percent more quickly than an inexperienced agent. – Study by Bennie D Waller, Longwood University
We see this day in and day out. Are you feeling a bit overwhelmed in the process? Not sure where to start? Schedule a complimentary walk-thru of your home. We guide you through the process and customize your “todo” list to getting your home on the market to make the biggest impact.
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