The market value of a property is the price at which a piece of property is predicted to sell within a reasonable amount of time. A reasonable amount of time can mean one to three months. Determining the right price is a very important step and other considerations need to be factored into determining price other than just market value alone. Also, if you are looking to sell a property within a specific time-frame there are many other considerations to make other than price. Simply looking at the market value and adding a pre-determined discount to the tag can cost you in more ways than just money alone, it can also cost you the sale of your property.
What is your situation?
This is a very important question in that fast can mean many different things to different people. The time period that you have in mind in which you would like for your property to sell is only the starting point for determining the best route to take when selling your property. There are also other factors that can play into how quickly you sell your property such as:
Your marketing plan – Having a solid strategy that will get your property in front of potential buyers right away is a key component in selling that can really make a huge difference in how quickly you are able to sell your property.
Incentives – Knowing what incentives are out there to make a property more attractive to buyers can get you more offers on your property and can also serve to seal the deal when a buyer is interested but not committing.
If you are in the situation of needing to sell your property quickly I strongly advise that you have a reputable, experienced agent on your side who can help you determine the best possible path to getting your property on the market at the right price and who can help you through the process of making the sell. The right agent will know how to market your property to the right buyers and will have the knowledge and insight on how to handle the offers that come in the best possible way. This expertise is invaluable to anyone looking to sell, but even more so to those who are working within a specific time-frame.