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If you are preparing to sell your home in California, you need to know how long it will take to sell your house. There are several factors to consider when deciding how quickly you will be able to list your home, get an offer, and close on the sale.
The average days on the market and time needed to sell a house in California have been trending upward in recent years. In general, if you go the conventional route and use a real estate agent, the average time to sell is approximately 72 days from when it is listed.
These averages include the number of days on the market and the traditional 30- to 35-day closing period. So, you could get an offer and accept it in about 30 days to 60 days in California.
Several factors will affect how long it takes to sell your California home using conventional methods, including:
If your home needs repairs and is not move-in ready, you will need to spend money and time before listing the house. Most realtors are reluctant even to list a home “as-is” when it needs repairs. Plus, you may not recoup the money you spend to make the repairs.
The current market conditions in your area will influence the average days on market. For instance, if the market is oversaturated and there are not a lot of interested potential buyers, it could take longer to sell the house before receiving an offer.
The amount of time it takes to sell a home in California is also determined by the listing price. If you list it too high, it will be on the market longer.
If the buyer was not pre-approved for financing, it can take around 30 days to obtain the necessary financing, which will only add to the time needed to sell your home. Even after accepting an offer, the buyer’s financing could fall through in some cases. Then, you will have to put your home back on the market and wait for another offer when this occurs.
Keep in mind, these factors do not include the experience of your real estate agent, staging the home, advertising the home, completing home inspections, and so on. Each of these processes also increases the time needed to sell your house.
You could do a few different things to speed up the process and days on the market, as follows:
Unlike conventional home sales, with a cash buyer, there are many advantages you gain. For starters, you do not have to stage the house, hire a real estate agent, or worry about repairs. Cash buyers purchase homes in “as-is” condition, making it much easier to and faster to sell.
While their cash offer is usually less than what you would normally list the house for, you are not paying real estate commissions, making concessions, spending money on repairs, or worrying about closing costs. Most cash buyers cover most, if not all, the closing costs.
In addition, selling to cash buyers in California allows you to close instead of having to wait the traditional 30-35 days. Instead, you could potentially close in about a week or so if you are prepared to move out that quickly. Otherwise, you can pick a closing date that works best for you.
A much easier and faster way to sell your California home for a cash offer is by using 800CashToday. Rather than wasting time looking for a real estate agent and using the conventional method to sell your home, you can receive a fair cash offer through our service.
Once you submit our simple form or call 1-800-Cash-Today, you will be connected with our house buyer who can make a cash offer for your house. Then you sign the offer if it works for you, and the closing processes can proceed without waiting the traditional 30 to 95 days. Typically, you can contact us, sell, and close on the sale in a couple weeks or less.
There are several benefits sellers gain when selling their house with 800CashToday.
Ready to find out how much your house is worth and get your cash offer? List your home online with us today! If you have further questions or want to speak with our buyer, please feel free to contact us at 1-800-Cash-Today.