One of the first things a buyer will ask me about a Spring Texas house is “How many days has it been on the market?”
Days on Market (DOM) is a measurement of time. It represents the number of days a house has been listed as Active on the Spring Texas real estate market.
If the house has been on the market for a short time, buyers believe the sellers will not be willing to take much less than the list price.
But if the house has been on the market for a long time, buyers believe the sellers must be ready to sell and will take significantly less than the list price. Buyers also believe that if the house has been on the market for a long time then there surely must be something wrong with the house. Both of these assumptions can be WRONG!
There are many reasons that a house can linger on the market for a long time including:
Just because a house has languished on the Spring Texas real estate market for a long time doesn’t mean it’s a bad house. It just means it had a problem that it had to overcome before it would sell.
BTW: Current days on market for Spring Texas houses (MLS area 13) is 76 days.
This agent is nothing short of spectacular!! Me and my wife first met Jill on the sale of our first... read moreThis agent is nothing short of spectacular!! Me and my wife first met Jill on the sale of our first house. She was completely involved in all the details and aspects of the sale, from proper presentation to market analysis. Her patience and ability to explain the complex issues and simplfy them were a great help to us in understanding the process as a whole and thus relieving much of the stress and worry that comes with such a sale.
Her meticulous attention to detail in not only the home itself but also its web presence directly led to the immediate sale of our home in the first week it was listed.
I highly recommend Jill Wente. She is the agent we are all always looking for!!! read less