Thursday, July 12, 2007

Best Time to Sell in Ocean Pines

Wondering when is the best time to sell your property in Ocean Pines, MD?

Based on data found in the Coastal Association of REALTORS® multiple listing system, from June 2006 to date, August was the month with the most contracts written and settlements with April coming in a close second.

When listing your property, keep in mind that based on industry information the majority of traffic occurs during the first 14 days of listing your property, so you want to be sure it is priced properly. These are the buyers who answered ads 60-90 days ago and are today’s seasoned purchasers.

After the 1st week, we will begin to see the traffic tapering off and these buyers won’t have the same sense of urgency the first wave of buyer’s had. They will be wondering “what is this property worth.”

By the end of the third week of marketing, the showings will have dropped off dramatically. These are the buyers just entering the market and not ready to buy for another 60-90 days.

As you can see, NOW is the best time to list your property for sale. Give me call today to see how much your property is worth. I can be reached at 410-726-4260 or send an email to sharon@sharoncurtiss.com. Check out my website at www.sharoncurtiss.com for additional information.

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