How long does it take to sell a house? This is a question that many homeowners ask themselves at some point. The answer, unfortunately, is not always straightforward. There are a number of factors that can influence the length of the home selling process. In this blog post, we will explore how long it takes to sell a house with an agent, FSBO, and with a cash buyer company like West Richards Properties. We will also discuss the pros and cons of each option. Read along to learn how to sell your house fast!
Selling Yourself or For Sale By Owner
When you sell a house yourself, or FSBO, you are in charge of all aspects of the sale. This includes finding a buyer, negotiating the sale price, and completing the paperwork. Selling a house FSBO can be a lot of work, but it can also be a rewarding experience.
The pros of selling a house FSBO include:
You retain control over the sale process. This means that you can choose your own real estate agent, set your own sale price, and complete the transaction at your own pace.
You save money. Selling a house FSBO typically costs less than using an agent. You'll still have to pay for repairs if they are necessary, listing your house online, marketing, and some other expenses.
You may receive more money for your home. When you sell a house FSBO, you can typically ask for a higher price than you would with an agent.
The cons of selling a house FSBO include:
It can be difficult to find a buyer. Selling a house FSBO can be tough, especially in today's market. You may have to wait longer to sell your home than if you used an agent.
It can be difficult to negotiate a sale price. When you sell a house FSBO, you are on your own when it comes to negotiating the sale price. You may not be able to get as much for your home as you would if you used an agent.
It can be difficult to complete the transaction. Selling a house FSBO can be complicated and time-consuming. You may have to deal with paperwork, title issues, and other legal matters on your own.
The data suggest that selling FSBO can be a bit faster than with an agent. You can expect to sell within one month on average. However, if you are not market savvy or have no prior knowledge about real estate transactions it can take much longer. Choose this method only if you know what you are doing and are confident in your ability to sell the house.
To Sell a House with a Real Estate Agent
When you sell a house with a real estate agent, you are essentially hiring someone to help you with the sale. This can be a helpful option if you want to sell your house quickly and don't have the time or resources to do it yourself.
The pros of selling a house with an agent include:
You don't have to do any of the work - the agent will take care of everything for you. This includes listing your home, marketing it, finding buyers, negotiations, and more!
You may receive more money for your home. When you sell a house with an agent, you typically get a higher price than if you sold it FSBO especially if you don't have much experience in home selling.
The cons of selling a house with an agent include:
It can be expensive. Agents typically charge commission fees, which can be expensive. An average commission is 6% across the country, yet it varies by state.
It can take longer to sell. It typically takes agents longer to sell a house than FSBOs. This is because they have more work to do and are not as focused on selling the home as the seller is.
The average time it takes to sell a house with an agent is about two months. However, this varies depending on market conditions, the agent's experience, and other factors. Selling with an agent is quite reliable, and though it may take longer, you'll eventually receive good money for your house.
Selling with a Cash Buyer Company
When you sell your house to a cash buyer company, you are selling it directly to the company rather than through an intermediary like a real estate agent. This can be a quick and easy way to sell your home, especially if you need to sell it quickly.
The pros of selling your home to a cash buyer company include:
It's fast - you can often have an offer within 24 hours and close the sale in as little as seven days.
You don't have to do any repairs or renovations - the company will buy your home in its current condition.
You don't have to pay any fees or commissions. Everything the cash buyer does is for free as long as you sell the property to them.
The company can help you sell your house in difficult situations like divorce, inheritance, heavy damage, risk of foreclosure, and more.
The cons of selling your home to a cash buyer company include:
You may get less money for your home than if you sold it through an agent. However, most cash buyers offer deals that are close to an average market price.
There is no guarantee that a company will buy your home, so you may end up having to list it with an agent after all.
You'll have to check if the company is trustworthy and whether it has a good track record of successful deals and happy clients. Trusted home buyers are hard to come by but not impossible.
The average time it takes to sell a house with a cash buyer company is about one or two weeks. This varies depending on the company and market conditions. Selling your house to a cash buyer company can be an easy and fast way to sell your home and won't have to worry about the tedious selling process.
Selling your house fast is not that hard. Though there are benefits to selling a house with an agent, cash buyer companies, and FSBOs, the fastest way to sell a house is through a cash buying company. This is because you don't have to do any repairs or renovations, it's fast, and there are no fees involved. However, it's important that you check if the company is trustworthy and has a good track record before selling your home to them.
Selling a house is a huge decision that can have a lot of consequences. It's important to weigh all your options before deciding which way to go. Whichever way you choose, be sure to research your options and get the best advice possible so you can make the best decision for yourself and your family.