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Updated over 6 years ago on . Most recent reply

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Anthony Bright
  • Philadelphia, PA
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Delaware real estate

Anthony Bright
  • Philadelphia, PA
Posted
How long is to long to sell a house in Wilmington,De? Who is the best agent in Wilmington?

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James Masotti
  • Rental Property Investor
  • Washington Township, NJ
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James Masotti
  • Rental Property Investor
  • Washington Township, NJ
Replied
Originally posted by @Anthony Bright:
How long is to long to sell a house in Wilmington,De? Who is the best agent in Wilmington?

 Depends on the neighborhood. Right now average days on market is something like 50 day. But I can also tell you with 100% certainty that if you list something in the Triangle, Union Park Gardens, Cool Springs, (northern part) Little Italy, and of course Trolley and you're priced right. You'll be under contract within two weeks. If you're on the East Side, South Wilmington, along Lancaster Ave, Hedgeville, a lot of parts of Downtown....you need to be comfortable sitting on the market for 6+ months looking for a retail buyer. 

As for who is the best agent that's hard to specify. You can look up some statistics about who the highest grossing agents are and the agents who do the most volume. But many of these agents use assistants and have teams built up around them, so you don't usually work directly with the main broker. There's also a big difference between the best agent for a home buyer and a great agent for a real estate investor. We have very different needs in the market and having an agent who understands one and not the other isn't going to help you. Many of the "top" agents are doing a lot of volume for developers or through tons of marketing to residential buyers and sellers...not necessarily because they're good for investors. *end politically correct and non-committal answer* :-)

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