Market Factors
Average time on the market can vary in any selling environment. As Santa Fe is a very diverse market comprised of many ‘sub-sets'; it takes a well-versed expert to understand what influences absorption and how to help you find the right price and positioning for your property.
Location
The real estate adage “location’ location’ location” is as true today as ever. The quality of your neighborhood or district and its proximity to amenities and services greatly influences desirability. This factor (in combination with price) makes up the largest percentage of your property's ability to sell.
Condition
The condition of your property affects how quickly we will be able to sell it. Most current market environments require that property be as ‘turnkey’ (repaired, maintained, and in some cases, updated) as possible.
Is it a ‘seller’s market’ or a ‘buyer’s market’? Real estate is in a constant state of flux. True professionals in the business stay apprised of market conditions on a daily basis and are uniquely equipped to help you tailor price and marketing to contemporary conditions.
But it all boils down to…
Price
The most common reason a property doesn’t sell quickly is because the price is too high. You can rely on Barker Realty’s state-of-the-art guidance and expertise in assessing the true value of your property to get it sold quickly and in harmony with your goals.