The 5 Factors That Will Affect The Sale/Leasing Of Your Property
January 22, 2018
Seller/Landlord Controls:
* Price – Seller/Landlord ultimately controls the listing price and contract price
* Condition – Seller/Landlord ultimately controls how the property will look based on their decisions on repairs and replacements
Market Controls:
* Timing – Economic conditions – Renters vs Buyers
* Competition – Number of similar homes on the market, supply and demand
Realtor/Property Manager Controls:
* Marketing – Positioning and promoting the property
The final determinant as to how quickly the property is sold/rents will be the timely adjustments to the price and conditions using the feedback from the Realtor/Property Manager, from prospects who have seen the home, and other agents who have previewed the property.
