If you’re new to the home selling process, the timeline can seem a little inscrutable at first glance. When you need to move quickly, this doesn’t necessarily work in your favour– and therefore, you may wonder “How long does it take to sell a property?”. Here’s the average amount of time a home sale might take, and what you can do to make that faster.
The Average Timeframe of A Home Sale
When you’re in the United Kingdom, it can take anywhere between 4 and 6 months to complete a property sale. This doesn’t mean that there aren’t outliers- every home sells differently, and every sale is completed on a different timeframe. However, it does give you a good expectation of how your sale is going to go, and if you only have two months to move, you might need to think about different options. In order to sell your home, there are several steps you need to go through- you need to list it, you need to find a buyer, you need to sign the proper paperwork, you need to get the home inspected, and then you finally need to finish all of the closing costs and paperwork to finish the sale. This is a lot to do in just two months, but it’s completely possible. Not all of these steps rely on your schedule, though, and that’s one of the biggest reasons why your home might be slow to sell.
What Slows a Property Sale
You have to sell to someone, and if no one’s interested in your home, it slows down your sale considerably. Your buyers can be deterred by a myriad of reasons, ranging from your property being overpriced to your home just not enticing anyone to purchase it. If your home is in poor condition, in a bad neighbourhood, or doesn’t quite pass a home inspection, that means that you should expect to spend a good chunk of your time on the housing market. Furthermore, if your showing pictures aren’t quite up to snuff, or portray your home in a bad light, it can be more difficult to find a buyer. Never fear, though- there are plenty of easy ways to fix these common problems in your home.
How To Speed Up Your Home Sale
To sell your home quickly, there are lots of different choices you can make. For one, try getting your home inspected before you list it, so that you know what might be wrong and if you should try a different method before looking for buyers on the open market. Most mortgaged buyers won’t purchase a home with serious (and expensive) structural, electrical, or plumbing issues, so keep that in mind as you think about the ways to sell your home. Furthermore, ensure that your home is visually appealing before you list it, and give it a deep clean before you take any listing photos. Your potential buyers don’t want to purchase a home that doesn’t look good, so make sure that you get all of the clutter and stains out of the shots before you take them. If your walls haven’t been touched up since you moved in, it might be a good idea to paint them, too.
Ensuring That Your Home Will Sell
To ensure that your home sells quickly, and that it sells at all, your best bet is to work with a great cash buyer. They know exactly how to help speed up your sale, and even better, from the moment that you begin working with a cash buyer, your property is guaranteed to close. No more worrying about mortgage lenders, no more concern over repair costs, and definitely no question of whether or not you’ll ever get away from this house. If your home is in poor condition, or needs repairs that you can’t afford, don’t fear! Cash buyers purchase your home in as-is condition, which means that you don’t need to do any repairs or renovations before they take it off your hands. From the moment you start working with a cash buyer, your home is guaranteed to sell, and if you just want to move quickly, sometimes that’s the best perk of all.
How Long does it Take to Sell a Property in Real Time?
In the UK, it takes about four to six months to sell a home, but that isn’t the be-all, end-all of homeselling! There are plenty of ways to ensure that you close faster on your home, including selling to a cash buyer, talking to a realtor beforehand, and ensuring that your home is picture-perfect when listing. It’s not scary to sell a home, and it doesn’t have to take a long time. Instead, you just need to understand how the market works, and your home will sell in no time at all.