A Comparative Market Analysis (CMA) often includes
Days on the Market (DOM) for each comparable house sold. When real
estate is booming and prices are rising, houses may sell in a few
days. Conversely, when the market slows down, average DOM can run
into many months.
We can tell you whether your area is currently a
buyer's market or a seller's market. In a seller's market, you can
price a bit beyond what you really expect, just to see what the
reaction will be. In a buyer's market, if you really need to sell
promptly, offer an attractive bargain price.
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to Selling a Home
