how long will it take to sell

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How long will it take to sell? Recent experience show Express sale 2-3 weeks maximizing the peak sale period or 60days Auction 2-6 weeks Tender 4-6 weeks or 120 days By negotiation 90 days Buyers over a fixed price 90 days Set a Price 120 days

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Page 1: How long will it take to sell

How long will it take to sell?

Recent experience show

� Express sale 2-3 weeks maximizing the peak sale period or 60days

� Auction 2-6 weeks

� Tender 4-6 weeks or 120 days

� By negotiation 90 days

� Buyers over a fixed price 90 days

� Set a Price 120 days

Page 2: How long will it take to sell

How long will it take to sell?

It is our frequent experience that the following factors have the greatest effect on the length of time it takes to sell a property:

n Presentation

n Price

n Accessibility

n Marketing If the property is well presented, is sensibly priced, and you make it easy for your Agent to gain access, there is little reason why it should take more than four to eight weeks to sell.

Page 3: How long will it take to sell

What else do I need to do now?

� Entrust us to fully market and sell your property. � Create an atmosphere Net curtains should be open, cut some flowers, remove clutter, take pets away, music is good, baking or incense or toilet sprays are good. � First impressions count Fix letterbox, grass removed from gutters, mould and lichen removed. Fix windows, tidy garage to create space. If you are moving put half of your clothes, linen and pantry stuff in boxes, it makes your cupboards look bigger.

� Small improvements add up People look at window frames and will often determine the soundness of the whole house from this, paint them!

� Kitchens and Bathrooms Polish bathroom and kitchen and wipe dry. People will open your cupboards. Make sure nothing falls out of draws and cupboards are not too full. � Trim hedges, mow lawns, clean carpets

� Open days: Jewellery and valuables should be safely locked away or taken with you. Breakables removed and personal photos taken from walls and mantels.

Do I need to List with Another Company?

� No! If another company has a buyer we can make arrangements to conjunct with them.

What extra marketing should we do?

� It takes about two weeks to tell the market your property is for sale.

� With Auctions and Tenders we need to publicize a date. � A Premium is usually generated with Competition; the cost of advertising is usually

covered by only one extra bid. � If you have a date you are working to, we would need to know

Page 4: How long will it take to sell

Marketing methods

Page 5: How long will it take to sell

How long will it take to sell?

Page 6: How long will it take to sell

1. If you want a very quick sale, then an AUCTION or a QUICK SALE may suit your needs

2. With AUCTION over a marketing period of 30 days plus a few more

days, you have 3 main chances of selling your home

3. You also have a chance of attracting an emotional buyer who

will judge your home by its features rather than its price

4. With CENTURY 21’s QUICK SALE,the property is offered for sale at

a published price which reflects the current prices offered by buyers

for similar properties

5. If A QUICK SALE is not sold within 14 days - then the property is “over

priced” and a price adjustment must be made

Page 7: How long will it take to sell

1 Evidence has shown that

most properties marketed by

CENTURY 21’s EXPRESS SALE

sell within 60 days.

2. For the first 21 days of the

marketing period, the property is

offered without a price and buyers

are asked to give feedback on what

they would pay for the property. If the

price offered by a buyer is suitable

as a start for negotiations, you could

be offered an attractive price for your

property.

3. If this is the case, you could sell your

property within the 21 day “no price” marketing period.

4. If you don’t sell your property after

21 days, then the property is placed

on the market with a price, but you

have a greater chance of selling

within 60 days as your asking price

will reflect the “feedback” regarding

the price you have received from

potential buyers.

Page 8: How long will it take to sell

90 DAY PLUS PLAN. EXCLUSIVE LISTING WITH

A PUBLISHED PRICE.

When you list your property with

a published price, in most cases

you choose a price based on what

you want and not the “buyers price”.

Then you add room for negotiation

to allow for “offers” so the price of

your property could be well above the

buyers price.

2. For this reason, nearly 90% of all

properties listed with a price take over

90 days to sell

3. The reason it takes 90 day or more to

sell is because it take sellers that

period of time to be “educated” to the

marketplace and accept the prices

being offered by qualified buyers

Page 9: How long will it take to sell

1. If you want more than one agency to market your property, CENTURY 21

can offer you LOCAL LIST

2. This method of sale allows CENTURY 21 to list with any

other agency you choose and CENTURY 21 will share commission

with the agency that sells your property

3. The benefit of LOCAL LIST to you is that you get one agency to manage

your property and give you correct advice when offers are received but

you have your property promoted by more than one agency

Page 10: How long will it take to sell

Black market- Confidential listing

90 DAY

PLUS PLAN.

CONFIDENTIAL LISTING.

A Confidential Listing is designed

for those sellers who have no time,

pressure to sell their property and

who want to keep the sale as

confidential as possible

2. Obviously no signboards appear

on the property, no “open for

inspections” are arranged and the

address of the property doesn't

appear on the web page

3. Buyer inspections are by

appointment only with qualified

buyers

4. Because of the lack of promotion,

it may take longer to sell the

property compared with other

methods of sale

5. Less than 2% of sellers choose a

Confidential Listing as a method

of sale