Involved In Real Estate · Las Vegas, NV · Member since 2014 · 7 posts · 1 vote
Hi everyone, this is officially my first ever post on BP. Like the subject says I want to know what is the average duration of time it takes to have a home sold if priced right. And since I live in Las Vegas, would anyone like to share their thoughts in this market?
Also, feel free to share thought on your market as well!
There could be many reasons a home sits on the market. But, with no exceptions (assuming the home is being marketed to a realistic pool of buyers,ie MLS) there is nothing price can't fix.
Every property has a price that will compel a buyer to make an offer immediately.
Often when I list my flips, I err on the low- mid range, thus getting tons of showing. I just listed one this week and have 20+ showings in the last couple days. 5 offers and counting - asking for highest and best due in a few days. I feel by doing it this way, the "market" is setting the price....
(SLC,UT under 200k is extremely hot right now)
Every variable matters here: the house, the neighborhood, the listing agent, lending rates (obviously in your favor), the price of the house, and more.
There could be many reasons a home sits on the market. But, with no exceptions (assuming the home is being marketed to a realistic pool of buyers,ie MLS) there is nothing price can't fix.
Every property has a price that will compel a buyer to make an offer immediately.
Often when I list my flips, I err on the low- mid range, thus getting tons of showing. I just listed one this week and have 20+ showings in the last couple days. 5 offers and counting - asking for highest and best due in a few days. I feel by doing it this way, the "market" is setting the price....
(SLC,UT under 200k is extremely hot right now)