What can home sellers expect when their home has longer days on market? With the recent shift in the market, selling a home can be an exciting but nerve wracking experience. One of the biggest concerns for sellers is the number of days their property spends on the market.
Hi, I’m Tanja Odzak, eXp Realty, I help people sell and buy homes right here in the East Bay!
Recent data shows properties are spending longer days on market this summer. It is important as a seller to understand that longer days on market can happen for a variety of reasons.
And it doesn’t necessarily mean that there is something wrong with your property but rather some other factors happening in the marketplace. First there are market conditions. If the market is slow, it may take longer to find a buyer. This is especially true in markets that have more inventory than demand.
Also, you need to look at your pricing. If your home is priced higher than similar properties in the area, it may take longer to attract an offer. Pricing competitively is the key to avoid sitting on the market.
As a seller you also need to look at the presentation of your home. Is it well staged, decluttered and in good condition? These types of properties tend to sell faster. Maybe investing in minor repairs and updates can make a big difference.
As a seller, you may want to consider these strategies to help move the sale: First, reevaluate your pricing. Work with your agent to assess if a price adjustment is needed. You may want to also enhance your marketing efforts and be sure your home is properly exposed to the masses. And finally, small and subtle changes can go a long way. Maybe freshen up the curb appeal with some fresh landscaping or even a new front door.
Of course, the most important thing to avoid longer days on market is working with an experienced agent that can provide valuable insight and marketing strategy.
If you would like more information on East Bay housing data and help to avoid longer days on market, Call me today and let’s talk about it. I’m a seasoned East Bay expert with a 5-Star rating. I’ll help you navigate the market and make it happen, whether that’s selling or buying or both!
And if you or someone you know needs to sell a home, ask me about my home-selling plans.. I took the pain out of negotiating with a Realtor and made it SUPER simple. Really! Choose Silver, Gold, or Platinum- Pick your Plan and Pick your Price. Terms do apply. I’m Tanja and I sell homes. Let’s get you going, Call me today!
I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit.
Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?
Click here—> I WANT TO GAIN ACCESS TO THE *HOME BUYER* SEMINAR NOW
Click here—> I WANT TO GAIN ACCESS TO THE *HOME SELLER* SEMINAR NOW