Most Home Buyers Prefer To Close Within About 30 To 45 Days


Most Home Buyers Prefer To Close Within About 30 To 45 Days
By Scott Rogers • July 18, 2024
How early should you put your home on the market? Maybe three or four months before you want to move out? Maybe not. Most home buyers these days want to be able to close on their home purchase within about 30 to 45 days of signing a contract - and they would like to have possession of the house at closing. As we talk about the timing of when we will list your home for sale we can work things forwards or backwards... Forwards... July 15 - list home for sale July 22 - home under contract (maybe, though could be later) August 31 - buyer wants to close and move in July 15 - list home for sale August 1 - home under contract (slower than expected) September 15 - buyer wants to close and move in Does it work to move out of your home by August 15 or September 15? If so, great. If not, maybe let's work backwards. Backwards... October 31 - earliest date you'd like to move out September 30 - buyer contracts and asks to close in 30-ish days September 22 - list home for sale expecting a short time on the market October 31 - earliest date you'd like to move out September 15 - buyer contracts and we tell them we need 45-ish days September 7 - list home for sale expecting a short time on the market Certainly, there are variables for which we cannot completely control... 1. How quickly will your home go under contract? 2. How quickly will a buyer want to close on the home? 3. Will a buyer be willing to let you stay in the home for a few days or weeks after closing? We can take our best guess at the answers to these questions and then work the timeline forward or backward to identify the best date for getting your house on the market for sale. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 24, 2024 (unless otherwise noted).
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