That will depend on many factors...
Where is the home located?
Will this be a short sale, or a “traditional” sale? (Short sale meaning you owe more than the home can be sold for. Traditional meaning you have enough equity to satisfy the loan, and your closing costs).
What is the condition of the home?
How aggressive are you willing to price it?
What are comparable homes selling for?
Are you willing to provide any buyer concessions (paying their closing costs, buying a warranty, pre-paying HOA dues – there are many things a seller can do to “sweeten” the deal and appeal to more buyers).
And more. . .
There is no single answer to how fast a home can sell, or whether we are in a buyers or sellers market. One good market statistic to examine when you are looking at (roughly) how long it may take to sell your home is absorption rate – which will tell you how long it takes on average to sell a home.
The basic formula is pretty simple:
Find the number of homes currently listed for sale and divide that by the number of homes sold last month. The result is the number of months it would take to reduce that inventory to zero.
Here is The Great News: Listing you home with me WILL accelerate the sales cycle because of our extensive marketing programs, data base of influence and buyers, relationships with other referral sources, and internet/search engine presence.
For more information on exactly how we can represent, market, and SELL your home for the best value the market in Colorado Springs will allow, and how I put our team's 23+ years expertise behind every home I list and sell, contact me at 719-590-4796, and check out our website at www.TerrySellsColoradoSprings.com
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