Your Timeline
Timeline Overview: The typical timeline to sell a home ranges from 2 weeks to 90 days, depending on the payment method, contingencies, condition of the home, and market conditions:
- As-Is Cash Offer: Since there is no mortgage processing or contingencies, only title work is needed, which can be completed in as little as two weeks.
- Sale with a Mortgage: This typically takes at least 30 days to complete inspections, process the loan, and handle title work. Key contingencies include the inspection and the agreement between buyer and seller on the condition or necessary repairs, as well as loan approval by underwriters at the agreed sale price.
- Impact of Home Condition: In markets where the supply/demand ratio is under 50, the condition of the home significantly influences sale speed. Buyers usually prefer move-in-ready, remodeled homes. Homes that are not remodeled tend to sell slower in such markets.
- Market Conditions: These significantly affect how long it takes to sell a home, with key indicators being Days on Market and the Supply/Demand Ratio. In a hot market, the average Days on Market is around 30, while in a slow market, it exceeds 90 days. A Supply/Demand Ratio of 50–60 indicates a neutral market; less than 50 generally favors buyers, while more than 60 favors sellers.
December 2024 Stats: Average Days on Market: 80 | Slow Market – Supply/Demand Ratio: 31.98% | Favors Buyers
For Homeowners Seeking a Fast Sale (2 weeks):
- As-Is Cash Offer: Utilizing our network of investors and builders.
- Cash Out – Move Then Improve: Utilizing our specialty cash advance investor, licensed contractor, and our in-house marketing for a traditional sale.
For Homeowners with a Typical Timeline (up to 90 days):
- Fix Then List: Utilizing a licensed contractor and our in-house marketing for a traditional sale.
- Traditional Sale: Leveraging our in-house marketing.
For Homeowners Planning for Extended Timeframes (1 Year or More):
- Equity Payments: To defer capital gains tax, with payments structured over several years.
- Home Remodel Profit Sharing Program: Utilizing interior design, licensed contractors, and our in-house marketing for a traditional sale, typically completed within about a year.