Neda Nozari
Sunnus Properties
#503 - 1228 Hamilton Street, Vancouver, B.C.
P: 604-783-5644
F: 778-285-5644
Email

How To Improve Your Selling Time - Interesting Advice On The Topic

Thinking about listing your home for sale? It’s important to get an idea of how long it will take, so the rest of your life doesn’t have to be on hold. So the question is, how long do you think it will take to sell? Two weeks? Two months? A year? There are many things you to can do to make sure you attract serious buyers.

When you are putting your home on the market, ask your realtor® what the average time to sell a home is in your area of Vancouver. This can be figured out by looking at the amount of time it took to sell other homes, including those similar to yours, over a recent period of time. One example could be that the average in four months. Now it’s time for you to decide, is this time frame something I can live with or should I look at things we can do to speed up the process and attract buyers at a faster pace.

There are three main factors that will undoubtedly decide how fast your property will sell. Price, terms, and condition. If the state of your home is up to or better than homes in your neighbourhood, and your terms of selling are comparable, then your price could possibly be adjusted to reflect the increased value of your home compared to those you are competing against. This is always subject to economic and market conditions, but these guidelines are standard for most markets. A buyer will always be comparing your home against others similar to it, it’s important to make sure you look at the different factors and see how you can improve your chances of being seen favourably.

Terms of sale is another consideration which can be played around with to attract interest from potential buyers. If your home is priced correctly, you may want to offer something like seller financing on a part of the agreed to sale price. If you are able to offer this at a lower interest rate than a bank or mortgage lender, as an example, this could be the difference that makes your home more appealing to a potential buyer.

The condition of your home can be a crucial factor in seeking attention from buyers looking to make quick decisions. It might be an opportunity to consider renovating your home and upgrading certain aspects of the home, especially small cosmetic upgrades. A home that appeals to the eye upon viewing can start an emotional reaction in a buyer resulting in a quick offer.

The overall key to a smaller selling time is to make sure your home offers one or multiple unique benefits to the buyers you are looking to attract. If you are able to be creative and responsive to the market, you could enjoy the benefits of a quicker sale.