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The Problems That Come With Letting Your Property Sit on the Market

housing market

While thereís no legal consequence of allowing a property to sit on the real estate market for an extended period of time, itís not exactly helping you out.

While thereís no legal consequence of allowing a property to sit on the real estate market for an extended period of time, itís 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, youíre 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

Generally, properties in highly populated areas tend to sell well and quickly. †Fifty days on the market doesnít 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, itís possible that your chances of selling are always going to be low for one reason or another. †

Time is a Factor

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 itís important to make sure youíre paying attention to how long your property has been sitting. †After 120 days, itís possible that a home will lose up to 15% of its value. †Thatís only four months. †The longer your home sits on the real estate market, the more money youíll end up losing.

Home Styles

Larger, more expensive homes will sit on the market longer–thatís 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. †Thereís 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.

Donít want to go through the hassle of listing? †Call The Team Edge today!

If you find yourself in a hectic situation and need to sell quickly, you donít have time to sit around and wait for potential buyers. †You need to sell now. †And thatís where we come inĖThe 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 youíre having trouble selling, donít 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.

Thatís right. Sell your house fast Ė AS IS!

 

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The Team Edge Properties
6400 Baltimore National Pike #338 catonsville, Maryland 21228
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