Selling your house is not an easy task, nor does it happen quickly unless you are the right person for the job. There’s a lot of things that can get in the way of a smooth sale, such as if there are other properties owned or being rented by the seller, or if the buyer wants to hold onto their own home first before buying another one.
If this description sounds familiar, don’t worry! You are not alone. Many people feel just like I do when they start thinking about selling their houses. Luckily, most things can be done through a real estate agent. And while agents usually take some time to sell a property, they really make money off of yours because they add commission to what the house sells for.
So how long will it take to sell my house? That depends mostly on two factors: how much your house is worth and whether or not the market has already picked up after all. If it has, then chances are the same people who have been looking at your house now have more than enough opportunities to find something new. This gives them less incentive to buy from you.
It also means there are fewer potential buyers out there, which makes finding someone willing to pay your asking price even harder. For this reason, we cannot tell you exactly how many days it will take to get your house sold.
Potential challenges with the current market
The housing crisis has left many homes on the market for extended periods of time, which can pose a challenge when trying to sell your house. If you are in the middle of this, you may need some help navigating how to get your house sold!
There are several reasons that houses sit longer than normal before being sold. Sometimes there just isn’t much interest, especially in larger houses or properties that are more expensive.
Other times, people don’t have enough money to buy a home, so they look at renting instead. Or maybe they want to remain living in their current residence, which is also very common.
Whatever the reason, these things usually work together to prevent homeowners from moving out and buying something else. A lot of people will talk about owning a home, but they won’t actually do it until their situation changes- and it doesn’t change as quickly as it once did.
Potential challenges with the seller
A potential challenge for sellers is finding their house fast! While most people have a hard time selling their home, there are some who struggle more than others – and that’s totally normal.
Sellers usually take several months to find a suitable buyer. That means you as the seller will be waiting around for what may feel like an eternity while you search for your next house.
That’s why it is so important to stay in top shape mentally as well as physically during the sale process. You want to make sure you don’t start feeling overwhelmed or frustrated.
It can get very discouraging when nothing seems to be happening, but never give up. Keep looking until you find a house that feels right and go from there.
Your house won’t sell itself, even though it might seem that way at times.
Depending on your house sale, different factors play a major role in how long it takes to sell yours. Location is one of the most important factors. If you live close to people, that will help your house stay on the market longer!
If you do not like your neighborhood, why not consider moving somewhere that is more comfortable for you? Looking into potential homes nearby can give you an idea of what areas are growing quickly so you should think about relocating there.
Also, if you know your home field well, you could list it as “priced” or even lower than its actual value to draw in new buyers. On the other hand, if there are lots of houses around you, your house may be considered less desirable than others with similar features.
A house in poor shape will almost certainly take longer to sell than one that is well maintained. This is due to two main reasons. First, most people want to move into a home that looks and feels like it’s been built with care and money, so they tend to invest more time in properties that fit this description.
Second, even if you don’t intend to be in your house for very long, letting potential buyers know that you have invested in keeping it up makes them feel confident about owning a property that may need some work down the road.
Some things that can negatively affect the appeal of a property include broken windows or doors, dirty dishes in the sink, piles of clutter, wet carpets, and bad odor/decay (such as from a leaking water pipe). These things cost nothing to fix, but they can scare off prospective buyers who might consider buying elsewhere first because they don’t want to deal with such problems!
Removing unneeded items from the house can help mitigate these issues – not only are there no costs involved, but also having less stuff means reduced stress when cleaning out and getting rid of everything.
The timing factor comes into play here as well. If a buyer finds a house that needs repairs, he or she may decide to buy somewhere else instead. Properties go under contract much faster than ones that haven’t sold yet, and sometimes sellers cannot afford to wait anymore.
When it comes down to it, your house will be sold in two main ways: through direct showings or online listing services like Zillow, Realtor.com, and Movoto.
Direct showing is going up to homes being listed as for sale and trying to find a buyer during one of their open houses. This method can work well if you are actively looking to sell your home or have a pre-determined list of buyers that you’re targeting.
If someone else has already done the hard work of finding potential homebuyers, you can save yourself some time by working with them. Direct showing is usually cost effective due to the shorter amount of time it takes to close the deal.
Online listing sites like Zillow, Realtor.com, and Movoto offer more exposure than direct showing. By having your property shown on these websites, you are opening your house up to a wider audience which may generate more interest.
Your personal situation
There are so many different things that can affect how long it takes to sell your house, depending on what kind of home you have, who wants it, and what type of market you’re in.
What we can say is that if you put up enough “for sale” signs, make yourself available for showings consistently, and update your listings frequently, then you will find a new owner!
It is very common to get no response to listing ads at all, but with some time, people will see your property and want to look more in-depth or even make an offer.
That could take weeks or months though, so you have to be prepared for that!
We recommend doing research about homes in your area that are similar to yours and seeing what price they sold for. If there are any upgrades, determine whether those would help potential buyers like them and how much value they would bring.
There are also several third party tools that can give you an estimate as to when someone may actually buy, which helps prevent houses from getting cold feet.
Get an offer
The hardest part about selling your house is getting offers, finding a buyer! This can be tricky since not every seller wants to sell their home quickly, if at all.
Some sellers prefer the process of listing their property for several months before receiving any interest or even no response at all. This way they have time to find the right home for them, which could take weeks or even months!
Before you give up hope and pull the trigger on sale, try looking at houses that are similar to yours and see what kind of results you get. If there’s one thing we've learned, it's that people compare numbers so do some research and figure out how much your house is worth by doing both online listings and direct contact with potential buyers.
We also recommend being in touch with at least two to three other homeowners who sold theirs and know what changes needed to be made to make theirs more attractive.