While there�s no legal consequence of allowing a property to sit on the real estate market for an extended period of time, it�s not exactly helping you out.
While there�s no legal consequence of allowing a property to sit on the real estate market for an extended period of time, it�s not exactly helping you out. �There are many personal consequences related to a property being listed for months, or even a year. �This is why it can be incredibly stressful to sell, especially during slow seasons. �Without a sale, you�re risking a lot of important factors. �Read on to find out why you should never let your property sit on the real estate listings.
The Effect of Location
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Generally, properties in highly populated areas tend to sell well and quickly. �Fifty days on the market doesn�t really matter, but anything more than that is something to keep an eye on. �Depending on location, this could seriously make a difference. �If your property has been sitting over fifty days in a very populated area, it�s possible that your chances of selling are always going to be low for one reason or another. �
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Time is a Factor
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Homes have their best chance of selling at full price within ten days of listing. �Obviously, this is a very short period of time to work with. �This is why it�s important to make sure you�re paying attention to how long your property has been sitting. �After 120 days, it�s possible that a home will lose up to 15% of its value. �That�s only four months. �The longer your home sits on the real estate market, the more money you�ll end up losing.
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Home Styles
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Larger, more expensive homes will sit on the market longer–that�s a fact. �However, their depreciation might be less because not many people are looking for such large homes, and so there is little competition. �This poses a problem for property that is distinctly averagely priced, or even underpriced. �There�s a huge market for homes that are smaller three bedrooms, compared to the market for mansions. �Keep this in mind when you list your home.
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Don�t want to go through the hassle of listing? �Call The Team Edge today!
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If you find yourself in a hectic situation and need to sell quickly, you don�t have time to sit around and wait for potential buyers. �You need to sell now. �And that�s where we come in�The Team Edge is dedicated to buying your property, regardless of the time of year, and despite whatever state it may be in. �Rather than taking the risk with a slow market and picky buyers, call us, and sell your home fast.
If you�re having trouble selling, don�t worry. �The Team Edge will buy your property regardless of its current condition and curb appeal, and is dedicated to providing you with the best possible selling experience and a fast, fair offer. Call our 24/7 hotline today at 443-840-7100 or fill out our quick and easy online application to get started on selling your Maryland property immediately.
That�s right. Sell your house fast � AS IS!
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