How Long Should Your Home Stay Listed?

How long your home should sit on the market depends on the absorption rate in your neighborhood and your specific price range and whether or not you have your three Ps in alignment: price, promotion, and product. 

Looking to buy in the Austin area? Get a full home search. 
Selling your Austin area home? Get a free market analysis report.

What’s a good number of days on market when your home is listed for sale?

That’s a tricky question. What’s important for you to understand is the absorption rate in your neighborhood and your specific price range. Location and price range are both important because in some price points—anything in excess of $2 million, for example— you can see homes sitting on the market for up to a year. 

If you have a home in the $200,000 to $300,000 price range, buyers are going to expect to see that home move rather quickly. One of the very first questions a buyer asks Mr. or Mrs. Realtor when they walk in the door is, “How many days has this home been on the market?” If your home is in this price range and your days on market exceeds two to three months, buyers are going to start wondering why the home hasn’t sold. They’ll then start walking through your home and picking it apart to see what’s wrong with it. This is what you don’t want to happen.

That’s why it’s critical that you get the three Ps in alignment: price, promotion, and product. If they aren’t in alignment, your home will sit on the market for a long time. 
A healthy days on market is contingent on the absorption rate.
A healthy level of average days on market is contingent on the absorption rate. When interviewing a real estate agent, it’s important that you ask them what the absorption rate for your neighborhood is. Once you exceed that number, I can guarantee you that any potential buyer will start wondering what’s wrong with your home. 

If you have any further questions about days on market or anything else real estate-related, don’t hesitate to get in touch with me via phone or email. I look forward to hearing from you!

How Does Our Guaranteed Sale Program Work?

Our Guaranteed Sale program isn’t too good to be true; it’s just our way of showing you how confident we are in our home selling abilities.

Looking to buy in the Austin area? Get a full home search. 
 Selling your Austin area home? Get a free market analysis report.

You’ve probably heard about our Guaranteed Sale program, but you may also be a bit skeptical about it. You may think it’s a gimmick or that it’s too good to be true.

In reality, it’s actually very simple. We will come to a predetermined price and deadline for your home together. If the deadline passes, we will simply buy your home. We are not going to buy it at a wholesale price either. In fact, if we make a profit from buying your home and reselling it, we will give that profit back to you.

One of our greatest tools is marketing. We have two local banks who have underwritten our Guaranteed Sale program because they are so confident in our ability to sell your home.

We have to earn your business each day.

You don’t have to worry about getting stuck in a long-term contract either. We have a one-day listing agreement, which means we have to earn your business every day. You can fire us at any point if you are unhappy. It’s a great way for you to hold us accountable. If we don’t come through for you, you can just get rid of us.

If you have any questions for us or would like to know what your home is worth in this market, give us a call or send us an email. We look forward to hearing from you!