2007-02-18 23:45:02 · 10 answers · asked by Linda C 2 in Business & Finance ➔ Renting & Real Estate
it depends on the region and price range
2007-02-18 23:51:17 · answer #1 · answered by barn owl 5 · 1⤊ 0⤋
That depends on too many factors to really answer. Right now, where I am, houses are not selling. There are 4 homes on my 2 mile long street that have been on the market over a year.
2007-02-19 08:03:45 · answer #2 · answered by KathyS 7 · 1⤊ 0⤋
It depends on the season, winter is typically much slower than spring and summer, when more people want to move on.
Expect to review agents and select a couple of weeks before the target start of sale time, say Easter. This will allow for marketing material to be prepared and potential mailshots to potential buyers of your house.
If Easter is 1st week of April, aim to be viewing into May where if you haven't had offers, reconsider your product. Overpriced, not well represented in descriptive materials etc. Repair and reduce if necessary.
You should be seeing offers into June and selecting someone who is bidding their price but sensibly close to your asking price.
Then a couple of months for the administrative work, assuming no surveror's report issues, and allowing someone to move and sell for August.
So, you would have selected agent in mid March, to complete in August. Assuming all is well. Seems slow and things make it slower, without good reason.
Good luck! Rob
2007-02-19 10:07:13 · answer #3 · answered by Rob E 7 · 0⤊ 0⤋
date on market to date of an offer there is no way to tell. The reason why is once a house has been on the market for a few months they just re list it so it does not look it will not move. This is just one way that the Realtor give misleading information about the market.
Check out this web site it tell of over misleading game they have done to puff up the market to the point of a big bubble that is now crashing.
http://www.breakingbubble.com/
2007-02-19 09:08:21 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Do you mean date of offer to date of completion - if so, then yes, 2 months is probably right. However, if you mean date on market to date of an offer - there are no rules. Depends on the area, the price, the state of the house, etc, etc. Maybe you have overpriced it, or you haven't started putting your nik-naks in storage so it looks cluttered?
2007-02-19 07:51:47 · answer #5 · answered by cuddles_gb 6 · 0⤊ 0⤋
That does depend on Market Conditions and how well the home is priced in that Market!
2007-02-19 09:26:50 · answer #6 · answered by Art 4 · 0⤊ 0⤋
Depends on who looks at the home ,and who is looking for one like you are selling... and of course price...
2007-02-19 08:00:12 · answer #7 · answered by Anonymous · 0⤊ 0⤋
It depends if there is a chain. From offer to money in your bank 3-4 months.
2007-02-19 07:50:37 · answer #8 · answered by Glendred 2 · 0⤊ 1⤋
My quickest this last year was 35 minutes. My longest was 6 months one week two days.
2007-02-19 08:54:10 · answer #9 · answered by Anonymous · 0⤊ 0⤋
about 2 months
2007-02-19 07:49:07 · answer #10 · answered by sukis 4 · 0⤊ 2⤋