Seller's Guide
How Long To Sell
The time horizon for the sale of our seller’s property is based on the market conditions outlined within the previous pages under market analysis, property sales factors, property value and competitive pricing. Furthermore the location of our seller’s property is a key factor. For example on the average it takes between 120 to 160 days on the market to sell a property in the Truckee Lake Tahoe and Quincy / Portola markets. In the Reno and Carson City markets it takes an average between 60 to 80 days on the market to sell a property.
A small percentage of properties will sell in a few weeks, while others may take many months. Buyers' purchasing decisions are driven by their knowledge of the market through comparison shopping and emotional appeal. This, in turn, creates a logical value for their purchase. For more information on the market, call either of our offices or click here and one of our sales team members will provide you the most up to date market conditions report. To obtain present and past market conditions, please click here to read our quarterly market review and sign up for our quarterly newsletter.
The selling and buying cycle is front loaded with new listings supported through aggressive marketing campaigns. This, in turn, drives an estimated 75-80% of buyers to pay a visit to your property within the first 8 weeks from when it is initially listed. There is nothing more critical to a timely sale than the correct INITIAL pricing. If your property does not receive an acceptable offer within the 8-week window of opportunity, our sales team members will initiate a new Competitive Market Analysis and opinion of value for your review. Our sales team members will arrange with you how often and in what mode of communication (phone call, email or fax) to update you on the market conditions and the status of the sale of your property.
