Taking a property off the market may improve its future sale prospects – claim
Original Article Summary
Latest trend suggests that if a property does not sell early, taking it off the market for a period may be more effective than keeping it listed long-term
PropMatch Curated Analysis
Research shows 53% of property sales occur within first 5 weeks of listing, and withdrawing unsold properties for 3+ months before relisting improves sale chances to 42% regardless of price changes. This challenges the assumption that continuous marketing or price reductions are always optimal exit strategies.
Investor Relevance
Directly impacts exit strategy effectiveness and disposal timelines - key considerations for investors managing portfolios, refinancing deadlines, or optimizing sale proceeds through better timing rather than just price adjustments
Original Source:
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