Location! Location! Location!
Key market factors help determine how long it will take to sell your home.
The proper balance of these factors will expedite your sale.
Location
· Location is the single greatest factor affecting value.
· Neighborhood desirability is basic to a property's fair market value.
Competition
· Buyers compare your property to competing properties.
· Buyers interpret value based on available properties.
Timing
· The real estate market may reflect a seller's market or a buyer's market.
· Market conditions cannot be manipulated; an individually tailored marketing plan must be developed accordingly.
Condition
· Property condition affects price and speed of the sale.
· Optimizing physical appearance and advance preparation for marketing maximizes value.
Terms
· The more terms available, the broader the market, the quicker the sale and the higher the price.
· Terms structured to meet your objectives are important to successful marketing.
Price
· If the property is not properly priced, a sale may be delayed or even prevented.
· Reviewing Prudential Florida's Realty comprehensive market study and Comparative Market Analysis will assist you in determining the best possible price.
