04/04/2024
🏡🕒 Thinking of Selling Your Home? Here's What You Need to Know About Timelines! © 🕒🏡
Hello, wonderful community! As an experienced real estate broker here in New England, I often get asked, "What's the timeline for selling my home?" It's a great question, and I'm here to shed some light on what you can expect from the moment you decide to sell to the moment you hand over the keys. 🗝️
Preparation (1-3 Weeks): Before listing your home, it's crucial to get it looking its best. This means decluttering, deep cleaning, making necessary repairs, and possibly staging. The goal is to make your home appeal to the broadest range of buyers. This process can take anywhere from a week to three, depending on the condition of your property.
Listing and Marketing (1 Week): Once your home is prepped, we'll take professional photos, create an engaging listing, and launch a comprehensive marketing strategy. This includes listing your home on the MLS, social media promotion, and other platforms to get maximum exposure. Don't just stick a lawn sign in your front lawn and slap the home on the MLS. That's the lasy way, outdated, and you risk leaving loads of cash on the table.
Showing and Offers (2-4 Weeks): The first few weeks your home is on the market are usually the busiest. Be prepared for open houses and private showings. If priced correctly and marketed effectively, you could receive offers within this period.
Negotiation and Acceptance (1-2 Weeks): Once offers come in, we'll review them together and negotiate the best possible deal. This phase can move quickly, especially in a hot market, with back-and-forth negotiations lasting from a few days to a couple of weeks. This all depends on the market climate.
Under Contract to Closing (30-45 Days): After accepting an offer, your home will be "under contract." The buyer will usually conduct a home inspection within the first 10 days. During this period, they'll also be finalizing their mortgage approval. The entire process from accepting an offer to closing typically takes about 30 to 45 days, depending on the type of loan and any contingencies.
During this time: Start packing. Don't wait for the last minute. Consider hiring a professional mover, or make sure you have enough support to pack up and move out just prior to closing.
Buyer Walk-Through: Usually the day before and many times the day of, the Buyer may request a walk-through just to make sure the home is ready and all of your personal belongings are no longer on premise, nor is there any unforseen damage during your move. This is actually a good thing which protects Sellers after the sale and if no items were raised.
Closing Day: This is the day you officially sell your home! You'll sign a lot of paperwork, but don't worry, I'll be there to guide you through every step. At the end of this day, the buyer's funds are transferred to you, and you'll hand over the keys. Congratulations, you've sold your home!
Remember: These timelines are general estimates and can vary based on the market conditions, the specifics of your home, and unforeseen circumstances. As your broker, I'm here to guide you through every step, answer all your questions, and make the process as smooth and stress-free as possible.
Thinking about selling or just have questions about the market? Drop me a message or give me a call at 603-706-0830 (my personal cell). Let's make your real estate dreams a reality! 🌟 XOXO, Amanda Bruen - ©