How much longer do I have to wait?

How often have I heard this question from sellers lately. The honest answer is: I do not know.
As a real estate agent, I do have an insight based on experience and information. I can quote averages, I can tell what you can do to make your property more attractive. I can also tell what the optimum selling price is.
But I cannot predict the future.

Still here´s a little information about the time necessary to sell certain types of properties here in Spain, over the last year. It should not come as a surprise to anyone that the more expensive property takes longer to sell than more economical ones.
Up to 200,000 Euros the average selling time has been 138 days (between 4 and 5 months)
Up to 300,000 Euros 159 days (more than 5 months)
Up to 500,000 Euros 188 days (a shade over 6 months)
Up to 800,000 Euros 208 day (almost 7 months)
Up from 800,000 Euros 233 days (some 8 months) again all of this in average.

If you want to influence this, there is a lot to be done. There are ways to make your property more attractive to prospective buyers. I can tell you a lot about that. But, most of all you have to make sure buyers KNOW your property is for sale. This is somewhat more difficult than it sounds, especially in this buyers´ market.
I have a little trick for this.
Want to know how?
Give me a call.