The housing market is popping and selling a house might be something you hadn’t thought about until now. While things may calm down as competition eases and gets more stable, prices will continue to rise just at a slower pace.
So whether you want to sell your home or you need to sell your home, there’s still a positive outlook. It’s unlikely that your home will sit on the market for an extended period of time in this current housing market.
Before you get ready to sell your home, you’ll want to know the home selling timeline you can expect to follow. Remember it’s more than the time it takes to go from listing to closing. Stay with us to learn more about the home selling process.
Prepping The Home To Sell
Even in a sellers’ market, there is some prep before putting the for sale sign in the yard. If you’re a homeowner who kept up with home maintenance, you’ll need around a month to get your home ready to hit the market. If you have more projects to tackle, it could take a few months.
Invite an agent to your home for some guidance on what you need to do and what you don’t need to do to speed up the selling process. The top things to tackle are reducing clutter, making small, less expensive repairs, and boosting the curb appeal with fresh mulch and flowers.
How Do You Calculate Average Days On Market?
You can do some research on your own and look at listings in your area. Look at the day each home went on the market in a recent month. Count the days pending. Add the numbers for all of those houses together and divide by the total number of homes. This will give you the average number of days on the market.
An easier way to find this out is to ask a local real estate agent. He or she will have those figures for your area and the surrounding areas.
What Are The Factors Affecting Days on Market?
The amount of time it takes to sell a home can sometimes be a mystery, but there are definitely factors that affect the number of days on the market.
Location is key. If your home is in a desirable neighborhood with good schools and near restaurants and businesses, it will sell faster. It will sell especially fast if there is less competition. The home’s condition is a factor as well.
Get a cash offer for your home and forget about that home selling checklist, listing fees, and open houses. Sell your home today.
Home Selling Process
Now that you know more about the home selling process and how long it may take, are you ready to add to the homes for sale in your area? Selling a home may seem like a big undertaking, but with some careful planning and knowledge of the market, you’ll get through it.
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