The length of time it takes to sell a home can vary significantly depending on a variety of factors, including the location of the property, the condition of the property, the price of the property, and the current state of the housing market. On average, it takes about 65 days for homes actively on the market to sell in the United States, but this can vary widely depending on the specific circumstances of the sale.
Use an Agent to Sell Quickly
Hiring a real estate agent can potentially help sell a home more quickly, as agents have access to a wider network of potential buyers and can use their expertise to market the property effectively.
No one keeps their finger on the pulse of buyer demand like an experienced agent. Their careers are built on knowing exactly how to execute a successful sale, and that includes thorough knowledge of various factors that attract buyer attention. They can advise home sellers how to boost instant curb appeal to make their property stand out during peak market conditions in early summer; they can help sellers navigate less stellar periods when interest rates are stifling market activity and selling for a higher price could mean everything.
A proper agent is almost always the path to an efficient and smooth sale. (HINT: If you want a top agent to quickly sell your home, the best ones are will compete for your listing at TrueParity).
Sell It Yourself If You’ve Got Time
Selling a home without an agent, also known as "for sale by owner" (FSBO), can potentially take longer because the seller will be responsible for marketing the property and handling all aspects of the sale themselves. This can be a time-consuming process, especially for those who are not familiar with the real estate market and the sales process.
Selling without the guidance of experienced agent is only feasible if you're willing to wait months to sell. Even when local housing supply is limited, and most markets favor folks looking to sell, it still can be difficult to find a buyer. Think about it -- in a typical week, a top agent will speak to dozens of potential buyers and generate hundreds of leads for their listings. High demand isn't an ally if you cannot find these folks. Because your reach is minimal, you must be prepared to search a lot longer to find the right offer. Also, because you lack the negotiating savvy and mastery of historical trends, you should be realistic about your economic expectations; any savings you think forgoing an agent will net are going to washed out by the final sale price you will haggle.
Conclusion
Overall, the length of time it takes to sell a home can vary based on many factors, and it is not always possible to predict how long the process will take. It is important to carefully consider the pros and cons of hiring an agent versus selling a home on your own before making a decision. While you will see a big difference in the time in takes to sell using an agent vs FSBO, your final take home will certainly not be much higher if you go it alone.
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