Questions to Ask Yourself if Your Property Has Been on the Market for a Long Time

YNM Real Estate
20 December 2021

While selling your home can potentially be a waiting game – your property shouldn’t be on the market for so long that it stops getting any traction or movement with serious buyers. The waiting game can be frustrating to sellers – here are a few questions to ask yourself if you’ve been playing a waiting game in your property sale.

What are your price expectations?

Are your expectations unreasonable for your property’s selling price? This is often a reason for a home remaining on the market for a longer period of time. A price that is too high will deter serious buyers – especially if you are not open to negotiation. Be sure to get a property valuation from your local real estate agent and use their recommendation when setting your price expectations.

Proper research is a necessity

Any pre-sale preparation should include proper research. Have you looked at and assessed the average selling prices of the properties in your area? Other data that will give you a good indication of the market conditions in your area include the average days on market as well as the number of properties listed in your area.

Ask the expert

YNM Real Estate are experts in real estate and property management – choosing a real estate agent is key to selling your property. With a wealth of local area knowledge and experience, your real estate team wants to sell your home as much as you do.

Need help with property management services in Sydney? Give us a call today!

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