How Long Will It Take To Sell My Property
The only accurate answer to the age old question "How long will it take to sell my property?" is determined by calculating the absorption rate for the subject property. The study of absorption rates additionally tells us many things about the real estate market in any town, city, or neighborhood. In particular, analyzing absorption rate charts helps to correctly price a property, compare the activity at different price points, and determine the historical percentage of buyers in each price range.
Absorption rates indicate the average time it may take to sell a property based on the comparison of historic transaction data and current market inventory. My direct marketing and negotiating experience and success, combined with Coldwell Banker Residential Brokerage's local, national and international marketing tools, enables me to more favorably position a property relative to similar available properties. By enhancing a property's positioning in the market place I am able to reduce the time it takes to secure a sale at a price that often exceeds the owners' expectations.
I also calculate absorption rates for my Buyer clients as part of the process of determining the correct level at which to place an offer to purchase a property.
I can provide you with absorption rates for every Boston neighborhood and most major towns or cities within the Commonwealth of Massachusetts. For more information, please email Jonathan@JonathanRadford.com.