If you’re thinking about putting your house on the market, you probably have one burning question running through your head. How long does it take to sell a house in 2022?
This is a common question with a not-so-common answer. You see, the timeframe for selling a house depends almost entirely on multiple variables. This includes the seller, the current housing market, and the home itself.
However, we won’t just leave you wondering. We’re here to get into the details of selling a house.
Prepping Your Home for the Market
When answering the question, “how long does it take to sell a house?” you must consider how much work your home needs. If you want to sell your home for top dollar, you’ll need to invest in a number of updates and repairs. This process usually costs homeowners around $21,000.
Not only is prepping homes for the market expensive, but it will also cut into your timeline. Completing roof repairs, updated kitchens, new flooring, and other projects can take weeks, if not months.
If you choose not to complete these renovations, it will save you a lot of time. However, you’ll have a harder time finding buyers and you’ll have to sell your house for less money.
Getting an Inspection and Appraisal
When calculating the average time to sell a house, we also need to look at scheduling an inspection and an appraisal. If you’re lucky, you can get someone to come to your property within a week or two. However, these services are sometimes booked out for more than a month.
Finding the Right Buyer
The current housing market must be considered when asking, “How long does it take to sell a house?” In a seller’s market, homes sell quickly. It’s not uncommon for sellers to get offers the same day they list the house.
In a buyer’s market, however, there are too many homes for sale and not enough buyers. Not only will this mean asking less for your home to compete with other sellers, but it also means dealing with picky buyers who have plenty of other options. This can drastically draw out your timeframe for selling a house.
The Closing Process
Finally, when selling a home, you have to take the closing process into account. The average closing process takes anywhere from 30-45 days. However, it can take longer.
Furthermore, the buyer can drop out or become disqualified even a day before closing. At this point, you would have to start the entire process over.
Alternatively, if you want a guaranteed quick house sale, consider selling to cash home buyers. After requesting a free cash offer, you should hear back within 24-48 hours. They’ll set up an appointment to inspect your home at which point they’ll give you their cash offer.
Sellers who accept quick cash for homes usually close within one or two weeks. If you’re looking to sell your home as quickly as possible with no hassles, this is the way to go.
How Long Does It Take to Sell a House?
As you can see, the answer to this question depends almost entirely on you and the choices you make during the home selling process. And if you’re wondering “How long does it take to sell a house to a cash buyer?” contact one today to get an estimate.
For more homeowner tips or real estate advice, stick around. Our blog is full of valuable information created for people like you.
