977,386
Hi, Eric!
Many factors come into play in selling horse properties. Fist of all, the properties are to be target marketed as well as marketed to the general public. I have had listings go under contract ranging anywhere from within 2 weeks to over a year. It pretty much depends on pricing, location, condition and amenities. The best would be to target market the property. Wish you the best. I would be happy to help you if you get stuck.
Brigita
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Katerina Gasset
Provo, UT
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Praful Thakkar
Andover, MA
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Bob Crane
Stevens Point, WI
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Lyn Sims
Schaumburg, IL
1,452,869
I believe Corinne Guest, Managing Broker just sold one the other day.
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Katerina Gasset
Provo, UT
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Susan Emo
Kingston, ON
6,393,609
Brigita McKelvie, Associate Broker , Nestor & Katerina Gasset or several others here may be able to help with this.
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Katerina Gasset
Provo, UT
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Lyn Sims
Schaumburg, IL
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Bob Crane
Stevens Point, WI
5,583,278
the first one who comes to mind is Nestor & Katerina Gasset (katerina).... they are in wellington florida...send her an email....
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Katerina Gasset
Provo, UT
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Lyn Sims
Schaumburg, IL
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Bob Crane
Stevens Point, WI
3,043,274
Ok you are in Park City Utah. Love Park City BTW! One of my daughters lives in Logan, which is in my top 3 favorite places in the world!
This is really market driven.
How popular are equestrian properties in Park City. When I think of Park City I think about snow and skiing. So you have overcome that when featuring a horse property there.
We don't take horse listings for less than 12 months. We have one that is listed right now, being shown like crazy, no offers. There is a reason for that. I can explain more later.
But most equestrian properties stay on the market a long time. If you don't have any showings, at all, wait until late spring, then lower the price.
We have lowered our last equestrian listing from $1.9M to $1.5 M. It will sell around there. Ask more questions, I would be happy to answer them for you. Katerina
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Katerina Gasset
Provo, UT
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Barbara Todaro
Franklin, MA
5,049,455
From what I have seen it can take some time, and networking with other agents here or around the country who are in this niche could be helpful. I would connect here with Brigita McKelvie, Associate Broker . Nestor & Katerina Gasset also know this niche (Wellington FL) and my cousin, Christina Steinhaus is fairly new in the business in the West Palm Beach area but has been in the equestrian business for decades and knows horse people all over the country.
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Katerina Gasset
Provo, UT
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Lyn Sims
Schaumburg, IL
2,684,109
Find Susie Blackmon of Ocala. Not sure if she is still active here on AR, but she is on FB, Twitter, and other sites.
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Katerina Gasset
Provo, UT
1,502,998
Nestor & Katerina Gasset sell a lot of these types of homes. Perhaps they can assist.
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Katerina Gasset
Provo, UT
1,844,301
1,725,996
Having been there before, it is all relative to the competitive listings on the market. We take those listings for 1 year period.
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Katerina Gasset
Provo, UT
911,338
It depends, and it varies here from a few months, to 12+ months depending on size, location, and price. Also, many horse people over estimate what their fencing, barns, and outbuildings are worth, and they also have a habit of targeting other horse people and marketing the property specifically as a horse property, and, they use the potential income someone could get from the property by boarding and training to justify pricing the property higher than what it's really worth. I've seen that strategy add to extended DOM and expired listing more than once.
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Susan Emo
Kingston, ON
5,772,575
Eric,
It depends on the market pace, and to my knowledge they are not an overnight sale. Some stay on the market for years. A
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Bob Crane
Stevens Point, WI
1,045,440
I appologize but as I am very late to this post I'll just say looks like you have enough answers to work from.
3,988,007
I would imagine there is no stock answer to your question. Brigita is one of our experts in this field.
1,617,916
4,936,705
4,800,082
The average time in the Martin County is about 175 days, but this can be misleading as the high end properties are taking longer while the more affordable ones are selling quickly.
599,274
Have you studied your own market? I could give you data on my market but I'm in upstate Wyoming and a very rural area. Your market is likely very different and therefore requires local expertise.
989,652
3,071,489
Check the history of other similar listings in the MLS - and make sure the property is priced appropriately...
4,319,419
1,239,901
I have one near Pacific Ocean( next to CA highway 1). It has been on the market just as long. Got two curious calls... Three parcels. We are taking it off the market....
4,272,548
Depends on location but I have only sold one and it was close in. SOLD in 30 days...
1,543,823
3,986,258
Every property is different and eery year is different just as every market is different
3,345,091
1,712,676
921,504
Analyze local sales data to determine how long those sold in the past two years took.
Look both at properties with similar attributes AND those at the equivalent price.
Those are the facts to share with the property owner.
Now, what you were hired to do is market the property and get it in front of as many eyeballs as possible.
That is where your tracking of level one and level two showings will reveal your marketing is working. Effective marketing will result in level 1 and level 2 showings to be 10 times monthly sales. That means you've done your job and need to assure the owner they must be patient or, compress the time-line with a price adjustment.
5,104,931
Every market is different... I do know that here in Charlotte a property like this won't move super fast.
2,781,173
5,216,409
So many factors to consider. Size, price, location and esthetic appeal come to mind. Some just take a bit longer do to uniqueness.
7,836,169