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Lowest Days on Market Means Successful Sales in Dallas Real Estate

Classic design coupled with clean lines make this home a perfect match for the buyer looking for an exceptional property in old Highland Park. The home at 3513 Princeton Avenue is listed for $3,650,000. Photo / Briggs Freeman Sotheby’s International Realty

In the real estate world it’s not just about how much but how long. Homes that are well maintained and priced strategically sell quickly, often with multiple offers, providing a favorable outcome for sellers.

According to MLS and looking at the Dallas County estate market over $4 million for the 1st quarter of 2014, Briggs Freeman Sotheby’s International Realty listings averaged just 29 days on the market. That number is 72 percent quicker than our closest competitor and 90 percent faster than the next closest.

And for homes over $2 million, days on market were just 132 compared to 197 for our top competitor.

“Strategic pricing and marketing create a significant advantage in this market,” says Robbie Briggs, President and CEO of Briggs Freeman Sotheby’s International Realty. “I have spoken with many of our agents who have told me that their listings have sold within hours of appearing on MLS. Buyers know the market and comparable prices, so they act quickly when they find a home that meets their needs.”

For more luxury homes, see briggsfreeman.com. Click here to see the latest in real estate news. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with six offices in Dallas, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.

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