Timelines for selling a home may vary depending on different factors. Selling a home is a big decision, and it comes with a lot of questions. One of the most common questions sellers have is “how soon am I getting the money?” Unfortunately, the answer to that question is often unclear and timelines for selling a home vary, leaving sellers feeling misled and uncertain about the process. In this post, we’ll break down the traditional home selling process, discuss some of the pitfalls of working with real estate agents, and explore an alternative method that can get you your money much faster.
The Traditional Home Selling Timeline
When you sell your home the traditional way with a real estate agent, the process usually starts with you contacting an agent to set up a consultation. From there, the agent will come to your home, assess its condition, and give you a timeline for when they can put it on the market. This process can take anywhere from a few days to a week, depending on the agent’s availability.
Once the house is on the market, the marketing time varies depending on the neighborhood and the condition of the property. In some areas, houses sell in under a week, while in others, it can take over six months to receive a contract. Unfortunately, some agents overpromise and underdeliver just to get the listing. They may paint a rosy picture of the market conditions or promise a fast sale, even if that’s not realistic.
The Pitfalls of Working with Real Estate Agents
One of the biggest challenges of working with real estate agents is that their incentives may not align with yours as a seller. Timelines for selling a home vary, and agents make their money by taking a commission on the sale of your home – which means they have to get the listing in order to have the opportunity to make money. This often results in unscrupulous agents telling the sellers unrealistic timelines and best case scenarios in order to get them to sign a listing agreement. Additionally, if your home is not in financeable condition and needs repairs, the pool of buyers is greatly reduced to cash buyers, which can prolong the listing time.
An Alternative Method: Selling Directly to a Cash Buyer
If you want to sell your home quickly and with minimal hassle, selling to a cash buyer like Homeinc is an excellent option. When you work with Homeinc, you can get a written, binding contract usually within 24 hours and close the deal on average just 15 calendar days later. That’s a bit over two weeks until you have the money in your account from the time you pick up the phone to talk to one of our agents.
All of our agents are licensed realtors themselves, but they are paid by Homeinc directly, which means they are incentivized to close the house ASAP, not just say anything to get the listing. This means you can trust that we will be honest and transparent with you throughout the process. Additionally, because we buy houses for cash, we don’t require you to make any repairs or renovations to the property, which can save you a significant amount of time and money.
Selling your home can be a stressful and uncertain process, but it doesn’t have to be. If you want to sell your home quickly and get your money as soon as possible, consider selling directly to a cash buyer like Homeinc. With our fast, transparent process, you can get a written, binding contract within 24 hours and close the deal in just a few weeks, giving you the peace of mind you need to move on to your next adventure.