“Location, Location, Location.” We hear it all the time in the real estate world and many assume that location is the most important criteria to buyers when purchasing a new home. But what is it really that determines why one property sells more quickly than another?
Price. Having the right price was the most important factor in deciding on one home over another, according to 2/3 of the respondents of a recent poll conducted by the National Association of Realtors.
Sellers agreed on the importance of the right price. “Getting the price right” was and is one of the most frequently cited challenges for sellers who are not represented by a Realtor®.
Other factors that were included in the poll were – no surprise – location, but also condition of the property, staging, and upgrades.