Selling your property can be a significant undertaking. Opting for a traditional agent may prolong the process and lead to increased expenses in the long term. Discover how the duration of the selling process impacts your financial outcomes.
While it’s challenging to predict the exact timeline for selling your house through a agent, opting for a direct sale offers better planning. This article delves into the typical duration of a house sale and the factors that commonly result in delays.
If You List…
Preparing Your Home for Sale
When preparing to list your home in , it’s essential to invest time in getting it market-ready. This involves decluttering, making necessary repairs, and even considering staging to enhance its appeal.
Selecting the Best Real Estate Agent
Choosing the right real estate agent is a crucial decision. Take your time to research, seek recommendations from friends and family who have recently sold properties, and interview multiple agents before making your final selection.
Waiting For A Buyer
Once the house is listed, you are at the mercy of the market. There is no guarantee you will find a buyer right away or that you will get the price you are asking for. Your property could sit on the MLS, only to receive offers lower than you had expected. You never know how long this part of the process will take, which makes planning ahead difficult.
The Inspection Process
After receiving an offer, the buyer’s lender will mandate an inspection and appraisal process. It’s crucial that the property appraises for the agreed-upon price to secure loan approval. Should issues arise during inspection, you may need to address them through repairs or negotiation. Pricing your property should factor in potential adjustments post-inspection, as its value can fluctuate significantly. To preemptively manage any surprises post-offer, some sellers choose to conduct an inspection before listing. This proactive approach helps mitigate unexpected complications down the line.
Escrow
The amount of time escrow can take will vary depending on the agreements made between the buyer and the seller. The buyer may ask for repairs before signing off on contingencies and the lenders may take some time to fund the loan. Typically escrow takes 2-4 weeks+.
Closing
Once the escrow process is complete, the buyer and seller will need to arrange a mutually agreed upon date to sign the paperwork. You will meet at the title company, review all paperwork and finally… sign on the dotted line.
When You Sell Directly…
Get An Offer
When you sell directly to Girl Buys Houses, you will get an offer right away. It is then up to you to decide if it is the right choice for you. We understand you might need some time to think or run the numbers. We will never pressure you into a sale.
Sold
If you choose to accept our offer, the closing can take place in a matter of days. With a direct sale to Girl Buys Houses, you will avoid all costs of listing (repairs, commissions, closing costs, etc.) and be able to plan ahead by knowing exactly when the house will close. For many properties in , a direct sale is a faster and more cost-effective solution. You will not need to make repairs or hire an agent in order to sell. Before you decide to list, find out if a direct sale is right for you! There is never any commitment!