You’ve heard people say that real estate is all about location, location, location…we agree, but we’d also add that in real estate, timing is everything!
Buying and selling real estate is time sensitive from beginning to end.
Here is a list of ways that timing is critical to real estate sales and how both you and your agent can affect both the finances and the stress level of a sale simply by managing the timing.
Timing the market.
Your Realtor can give you up-to-the-minute advice on the best time to sell or buy in your specific real estate market. The Columbus Team knows each Central Ohio neighborhood well, and we can tell you if it’s a good time to buy, sell, or wait.
Are you ready?
It’s important to be ready to sell or buy when the market heats up. Look on our website for tips about getting your home ready to sell or organizing your finances to be ready to buy. We are happy to consult with our clients to let them know exactly what steps they should take to get ready in time! The faster you can act in a hot market, the better.
If you’re selling your home, it’s important to have your home ready to show when potential buyers want to see it and for open house sessions. A home that is uncluttered, clean, and ready to show is more likely to attract buyers, more likely to bring in multiple offers, and will sell for a higher price than an untidy home…or one with the owners still there. It’s worth the effort to have your home ready on time and to be elsewhere while it’s being shown. The effort to manage your time as a seller can pay off in real dollars and cents.
Whether you are buying or selling, it’s important to respond to offers and counter-offers in a timely manner. Delays can convince either party that the offer is not sincere, and make negotiations that much more difficult. We’ve seen buyers move on to make an offer on another home when sellers delayed a response, and buyers have lost their dream home to a competing offer from someone who responded quickly during negotiations. Keeping an eye on the time limit for responses is important to a smooth sale.
You need a Realtor who stays on top of the buying or selling process and ensures deadlines are coordinated, tracked, and met for offers, lenders, inspections, repairs, and more. It’s more than good customer service, it’s vital for a smooth transaction and an enjoyable buying and selling experience.
The Columbus Team knows that in real estate, timing is everything, so we keep a close eye on the market and manage transaction deadlines so that your sale proceeds as smoothly as possible. Our Team members are also experienced in guiding you on how to manage your time during your purchase or sale so that your stress levels remain low and your satisfaction with the sale is high.
Do you have any questions about timing? Contact The Columbus Team today, we would love to hear from you!