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Market Analysis
Local market conditions will have an impact on the amount you can get for your home – and on how quickly you can sell it.
- Buyer's market – More homes on the market than buyers. Lots of competition from other sellers. Prices drop. Houses take longer to sell.
- Seller's market – Lots of buyers. Not that many houses for sale. Prices increase. Homes sell quickly (just the market you want).
- Balanced market – Sellers accept reasonable offers. Homes sell within an acceptable time period. Prices are generally stable.
Preparing
How should I prepare to sell my home? An attractive, well-maintained home sells quicker and for a higher price. When you prepare your home for sale, take a critical look at the exterior and interior of your property.
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