In the process of selling a home, an important aspect for the owner is the duration or speed of its sale. There are several factors that can influence the time it takes to sell a home that need to be taken into account.
We, Acces Immobil Specialists, in the strategy of selling a property, evaluate the time of sale based on several reference criteria. By meeting all the necessary conditions and criteria, we can obtain a sales term of 1-3 months.
1. The general state of the real estate market
It's good to know where the country's economy is at the moment you want to sell the house. The real estate market is affected by the general health of the economy, this is measured by economic indicators such as:
- inflation;
- employment rate;
- the price of electricity and natural gas.
Generally speaking, when the economy is slow, so is the housing market. When there are more offers for sale on the market than requests for purchase, it is obvious that the home will be sold in a longer time.
2. Seasonal factors
The time it takes to sell a house also depends on the season. Winter, for example, is not the best season to try to sell your house as quickly as possible. Buyers remain disinterested or avoid purchasing a home this time of year for reasons such as:
- difficult travel until viewing the property;
- multiple holidays and extended vacations;
- the cold season makes moving itself a difficult process.
The ideal seasons to sell an apartment or house quickly are spring and autumn.
3. Correct price assessment
The price of a building is influenced by several factors such as: location, its age, type of partitioning, square footage, floor, condition (white variant, with repair, furnished), infrastructure (playground, park, public transport, etc.).
To correctly assess the market price of a property, ask for the help of an agent from the company Acces Immobil. He will analyze your property and help you set a fair market price based on the following criteria:
- the value of real estate in the region (similar apartments sold in the last 6 months);
- current market demand based on currently active buyers;
- physical condition of the home + adjacent infrastructure.
See the article Dependence between the actual market price vs. the number of buyers for more details on determining the correct market price.
4. Location of the house
The area where the house you are offering for sale is located is very important.
Chances are higher that your offer will attract more buyers when the house is located in an area with well-developed socio-economic infrastructure.
Apartments located near shops, schools, transport and other facilities will sell faster.
5. General condition of the home
Both the interior and the exterior of the house influence the time it sells. A well-maintained, clean and welcoming home is definitely more attractive than a neglected one.
A neat and depersonalized appearance of the home will attract more buyers. You need to make small repairs and clean the house if you want the selling time to be as short as possible.
Conclusion
The general condition of the real estate market, the fair market price, the location and the general condition of the home are important factors that contribute to the selling time of an apartment or houses.
Call a professional real estate agent who will help you get the best price for the apartment as soon as possible, based on the realities of the current real estate market.
Acces Imobil - with us you make the right choice!
