Beyond the obvious elements such as location and size, here are nine factors that can affect how quickly your home sells.
Realtors name curb appeal the number 1 factor affecting the amount of time a home is on the market. -Zillow Study
Local School Ratings.
Homes linked to good schools sell faster and at a premium. In one study, one in five buyers said they’d pay 6% to 10% above their budget for the right school. -Realtor.com survey
Homes that can be marketed as move-in condition sell 12 percent faster. -The Wall Street Journal
Homes that were marketed with professional photos sold faster in one study, and for $3,400 to $11,200 more than homes presented through amateur photos. -Redfin study
Staged homes spend 73% less time on the market than non-staged homes. -The Real Estate Staging Association
Adding a virtual tour the marketing decreases sales time by 20% and increases price by 2%. -Paul Carillo, George Washington University study
According to one study, homes marketed with the following features sell anywhere from 38 to 63 days faster.: farmhouse sink, subway tile, quartz, barn door, shaker cabinets, pendant light, exposed brick, frameless shower, stainless steel, tankless water heater. -Zillow Digs study
Homes priced around or slightly below market value are almost 50 percent more likely to sell within 60 days than those priced 12 percent or more above market value. -Zillow study
The Right Agent.
An experienced agent, who knows the market and has a network of potential buyers can help sell a home 32 percent more quickly than an inexperienced agent. -Study by Dr. Bennie D. Waller, Longwood University
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