Are you looking to sell your home? Wondering how long does it take to sell a house on average, and what you can do to expedite the process? We’re here to help!
In this article, we’re covering everything you need to know about selling a house, including what to expect and how to prepare. After reading, you’ll be on track to selling your home in no time.
How Long Does it Take to Sell a House on Average?
On average, the typical US home spends between 65 and 93 days on the market, from the moment it’s listed to when it’s closed on. That average has fluctuated over the years, however, and there are a range of factors at play that impact how long a specific home is on the market.
What Happens During the Sales Process?
There are many events that occur during this period of time. First is the listing and the showing of the home, which usually lasts for one to two months. During this period, potential buyers will stop by your home, and you may receive offers on the house.
Once you’ve accepted an offer, there will need to be a home inspection, which takes a couple of days to conduct and synthesize the report. If it’s a competitive market, the potential buyer may waive this inspection to close the deal.
After the inspection, the buyer can adjust their offer or request repairs to be completed based on the sale price. This re-negotiation period can take a few days, but once you agree upon a purchase price you can move into the final phase.
The average closing for a home is around a month long, and that timeline includes the moment you’ve signed the agreement to the day you turn the keys over to the new owner. This time period allows any lender, title company, and county department to pull together the necessary paperwork for closing.
It’s important to note that this is what an ideal sales timeline looks like. Unanticipated factors can and may arise during the process that slow down the timeline.
How You Can Sell Your Home Faster
Are you thinking “I want to sell my house fast” but have no idea how to do that? Here are some quick and easy tips that will make your home more appealing to buyers.
Hire a Professional Photographer
A picture is worth a thousand words when it comes to selling your home. And 87% of potential buyers find them incredibly helpful when evaluating a home. By hiring a photographer, you can showcase the best assets of your home, and have unique selling points that attract buyers.
Clean and Declutter Your Space
It doesn’t matter how great your home looks on the outside if the interior is a mess. Hire a cleaning company to deep clean the space and make it look brand new. They’ll leave your countertops and other spaces looking spick and span.
Additionally, consider removing all personal items and excessive furniture throughout the home. This will make potential buyers think less about it being your home and more about what it could look like when they move in.
Price it Right
Haven’t received any offers on your home? It’s possible that you overvalued your home. Pay attention to any past offers you’ve seen, and do some market research to more accurately price your home.
Ready to Sell Your Home?
Selling a home isn’t easy in general—and selling it fast can be quite a challenge. But now that you know “how long does it take to sell a house on average?” and have some tips on hand, you can set yourself up for a successful sale.
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