Selling your Home especially with Real Estate Agents means you can get a much larger exposure while listing properties through the Multiple Listing Service (MLS), will dedicate more time to the sale of your property, and will help you to negotiate things while having a business mindset throughout the process; to best maximize your overall return on investment.
Days-On-Market (DOM) varies from market to market. While some properties quickly receive multiple offers and go Under Contract in just days, other properties can often take weeks, if not months, to sell. The properties location, school district, overall property condition, the listing price, and other nearby competition listed on the market at that time - are the five main factors that affect DOM for any property.
Ultimately, you as the seller, make that final determination on a listing price. As a Real Estate Broker, we will run comparable home prices in the area and provide to you a Comparative Market Analysis (CMA) to give you a suggested estimate for the value of a specific property by evaluating similar ones that have recently sold in the same area.
Depending upon the overall condition of your home, and the amount of equity you have in your home (current value vs after-repair value; less your existing mortgage(s) and closing costs), will better help one to determine making repairs and improvements, or selling the property strictly as-is. Oftentimes, a little decluttering and cleaning of a property will go a long way.
With continued supply shortages and high buyer demand, now is a great time to start the process of selling your home. And with interest rates fluctuating daily, it may be better to sell sooner rather than later!
Contact Carlo Drogo, Broker with EXP Realty; to determine your home's value to see what homes are selling for in your neighborhood.
