{"id":4388,"date":"2016-12-23T15:15:41","date_gmt":"2016-12-23T23:15:41","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=4388"},"modified":"2017-01-20T14:04:42","modified_gmt":"2017-01-20T22:04:42","slug":"steps-to-sell-a-house-how-long-does-each-one-take","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/12\/steps-to-sell-a-house-how-long-does-each-one-take\/","title":{"rendered":"Steps to Sell a House : How Long Does Each One Take?"},"content":{"rendered":"<p style=\"text-align: justify;\">Even in the hottest markets, selling a house is by no means a transaction that happens overnight. Every step\u2014from listing your house to getting an offer to closing\u2014takes time. But how much time?<br \/>\nTo help you pace yourself, here are the steps to sell a house, and how long each one typically takes so you can plan accordingly. Depending on where you live, you may need to settle in for a long ride!<\/p>\n<p style=\"text-align: justify;\">How long does it take to list a home?<br \/>\nAnswer : 3 to 5 days<\/p>\n<p style=\"text-align: justify;\">It will take your listing agent a few days or a bit longer to gather all the necessary info on your home (e.g., square footage, special features, and photos). But once your agent has it all, things generally happen fast. Your agent will then upload these details onto the multiple listing service, which will make the listing viewable to agents. A shorter, consumer-friendly version of the MLS listing will also appear on sites like realtor.com\u00ae\u2014and since this site refreshes its data at least every 15 minutes, your home will be in front of plenty of eyeballs in no time at all.<\/p>\n<p style=\"text-align: justify;\">How long does it take to get an offer on a home?<br \/>\nAnswer : 65 days<\/p>\n<p style=\"text-align: justify;\">The current average age of properties on the market is 65 days. That said, this varies greatly by location and time of year, so there\u2019s no one right answer to how long you\u2019ll wait for that blessed first offer. Is your market hot or chilly? San Francisco residents might sell their house in a hot second, but if your place is rural, expensive, or unique, you\u2019ll probably wait longer.<\/p>\n<p style=\"text-align: justify;\">How long does it take to close after we receive an offer?<br \/>\nAnswer : 50 days<\/p>\n<p style=\"text-align: justify;\">Currently, there\u2019s an average of 50 days between when buyers apply for financing and when they get approved and can close on a home. Yes, that\u2019s a long time, especially if you\u2019re selling and eager to get on with it. But buyers and mortgage companies need to do their due diligence\u2014and you certainly don\u2019t want any last-minute surprises before the buyer takes possession. Closings fail for a number of reasons, like contingencies (perhaps the buyer\u2019s home didn\u2019t sell, or the bank rejected her loan). Whatever you do, don\u2019t be a pain and not fix issues that arise during inspection (assuming, of course, you agreed to fix them). Final walk-through surprises can delay closing even longer.<\/p>\n<p style=\"text-align: justify;\">How long before I get paid?<br \/>\nAnswer : 0 days!<\/p>\n<p style=\"text-align: justify;\">Here\u2019s good news : Your money should be available immediately after you sign on the dotted line. Cash is typically disbursed by the title or escrow company, which will wire the money to your bank account or cut a check on closing day with little to no lag time. Make sure to check with your attorney or real estate agent, though\u2014they\u2019ll be able to provide specific details on the process for your sale.<\/p>\n<p style=\"text-align: justify;\">How long do I have to move out?<br \/>\nAnswer : 0 days, except by special agreement<\/p>\n<p style=\"text-align: justify;\">Typically, sellers are expected to move out by the day they close on the home so the new buyers can move in as soon as they\u2019ve signed on the dotted line. Most people move out in advance of the close, but if you need more time, you can negotiate a rent-back agreement, which allows the new buyers to essentially become your landlords for a few months while you find a new place to live. But considering how long the home-selling process takes, odds are you\u2019ll be chomping at the bit to get out!<\/p>\n<p><a href=\"http:\/\/www.realtor.com\/advice\/sell\/steps-to-sell-a-house-how-long-do-they-take\/\" target=\"_blank\">Steps to Sell a House : How Long Does Each One Take?<\/a> by Jamie Wiebe | realtor.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even in the hottest markets, selling a house is by no means a transaction that happens overnight. Every step\u2014from listing your house to getting an offer to closing\u2014takes time. But &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2016\/12\/steps-to-sell-a-house-how-long-does-each-one-take\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-4388","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Steps to Sell a House : How Long Does Each One Take? &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2016\/12\/steps-to-sell-a-house-how-long-does-each-one-take\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Steps to Sell a House : How Long Does Each One Take? &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Even in the hottest markets, selling a house is by no means a transaction that happens overnight. 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