When it comes to selling your home, the goal is to get it off the market as quickly as possible. On average, it takes around 22 days for a house to be sold, but this can vary depending on the time of year and other factors. According to ATTOM, October is the worst month to sell a home, with a sales premium of 5.2 percent. Homebuying activity usually almost stops in December due to holiday celebrations.
Additionally, if the seller is emotionally attached to the home and refuses to lower the sale price or negotiate in good faith, it can cause the home to stay on the market for longer. Working with a top-tier real estate agent can help minimize DOM and sell your home quickly. Data from Redfin and Zillow suggests that Thursday is the best time for new ads to appear on the market, as both home searchers and real estate agents often plan their weekend visits towards the end of the week. Selling a home also requires paying real estate fees and closing costs that could amount to tens of thousands of dollars.
To ensure that your house sells quickly, it is important to work with an experienced real estate agent who can help you navigate the process. They can provide advice on pricing, staging, and marketing your home in order to attract potential buyers. Additionally, they can help you negotiate with buyers and ensure that all paperwork is completed correctly. With their help, you can make sure that your house stays on the market for as short a time as possible.
Leave a Comment