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5 Critical Factors That Affect How Quickly Your Home Sells

There is no question today that the Dallas real estate market is one in favor of sellers. Whether you need to downsize to a smaller home or are considering a larger home in the Flower Mound community, this is the ideal time to consider listing your home with a trusted realtor. If it’s your first time to sell a home, you probably have lots of questions – and one of the ‘most asked’ by first time sellers is how long it usually takes to sell a home. That depends on a number of factors, and of course there is no specific answer.

However, there are factors you should think about that can greatly affect how long your home will be on the market before the ideal buyer comes along!

Property condition – Buyers are looking for homes that are well-maintained, neat and in good repair. Make any repairs that need to be made, work to ensure your home is neat and uncluttered both inside and out. In doing these things, you may be able to sell for a bit more than you originally intended to.

Price – Price is one of the most important factors in whether your home sells. Set a fair price, one that is in line with other comparable homes. Your real estate agent can help you determine whether the price you set is in line so that your property doesn’t stay on the market too long.

Location, location, location – Location is a HUGE factor in how quickly your home will sell. Is the community one that is neat and well-maintained, offering easy access to schools, healthcare, entertainment, churches and shopping? The ideal community will allow you to get more for your home, as buyers are willing to pay for a nice community and environment.

Payment or financing terms – Flexible payment options and/or financing terms make for a bigger “pond” of potential buyers. The more options you offer, the faster you will sell your home.

Competition – Of course, how much competition is out there will also be a factor in how quickly your home sells. When the competition is stiff, buyers will consider price and which homes seem to offer the most value for their money.

At Team Nelson, we make your home selling experience easier, faster and more pleasant – plus, buy a home through us and we will sell yours free! Whether you are buying or selling a Flower Mound, Keller, Denton or Frisco home, we’re the friendly professionals you can count on.

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