If you’re like many homeowners who purchase a new home, you might have been thinking this was your forever home and therefore had no intention to think about resale value and/or moving any time soon. However, as many sellers often mention, life sometimes gets in the way of your ideal plans. A job relocation, financial difficulties, divorce, or changes in family size can often necessitate the need to sell your house — Sometimes these changes require you to move quickly.
There are a numbers of factors to consider when selling a home, but one of the most important factors when selling property is days on market. Statistics prove that the longer a home sits on the market, the disparity between asking price and sales price increase by 12.5%. In addition the likelihood of getting a full price offer decreases by an astonishing 74% when a property languishes on the market for more than 90 days.
This is why it’s imperative to market a home correctly in order to attract the largest pool of potential buyers