You want your house to sell fast. And you may be wondering how long the whole process is going to take. One way to get your answer? Work with a local real estate agent. They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers. That way, you have realistic expectations and can work together to come up with a plan that’s based on today’s market.
Here’s a high-level overview of just one of the factors a great agent will walk you through – the supply of homes for sale and how that impacts your process.
The Growing Supply of Homes for Sale
Over the past few months, the number of homes for sale has increased. This is good news when you move because it means you’ll have more options as you search for your next home. But it also means buyers have more to choose from, so if your house doesn’t stand out, it may take a bit longer to sell.
Available inventory is made up of new listings and active listings. And if you look at data from Realtor.com, you can see a good portion of the recent growth is from active listings that are sticking around.
How It’s Impacting Listings Today
Think of the homes on the market like loaves of bread for sale in a bakery. When a fresh batch is put out, everyone wants the newest one. But if a loaf sits there too long, it gets stale. The same goes for homes.
If a home isn’t priced correctly, doesn’t show well, or lacks a strong marketing strategy, it can sit on the market and become less appealing over time.
An Agent Will Help Your House Stand Out and Sell Quickly
Timing is important. By leaning on a pro, they’ll make sure your listing stays fresh.
As the National Association of Realtors explains:
Home sellers without an agent are nearly twice as likely to say they didn’t accept an offer for at least three months; 53% of sellers who used an agent accepted an offer within a month.
Don’t let your listing get stale. Reach out to a real estate agent today to make sure your home appeals to buyers from the start.
Bottom Line
If you want your house to sell fast, you need to work with a pro. Connect with a local agent who understands the market and knows how to position your home to sell quickly.
