How Long Does It Take to Sell a House on Average?
According to the National Association of REALTORS, more than 5.6 million existing homes were sold in 2020. There are many reasons why homeowners make the decision to sell their homes. These include moving to advance career opportunities, upsizing or downsizing, and inheriting a house following the death of a family member.
Selling a house is an exciting time in a person’s life, offering a chance at a new start. However, it can also be a stressful period. When homeowners decide to sell their properties, one of the most pressing questions they have is “How long does it take to sell a house?”
In this blog post, we will answer that question. We will highlight the average time it takes to sell a house on the open market versus the time it takes to sell a house for cash. We’ll also look at the quick and easy steps that make up the process of selling for cash.
If you are planning to sell your house but are worried about the possible complexity of it, read on!
Selling Your House on the Open Market
Typically seen as the ‘traditional’ way to sell a house, there are a considerable number of steps to selling a house on the open market. Surveys highlight that around 40% of Americans were reduced to tears from the stress of selling their homes.
From dealing with estate agents, carrying out renovations, marketing the property, hosting showings, dealing with the closing process, and paying hidden fees, it is easy to see why selling a house on the open market is stressful.
Per the National Association of REALTORS, the typical American house was listen on the market for approximately 24 days in 2020. There is a further 46 days, on average, required to complete the closing process on the sale of a house. This means that the total average length of time that it takes to sell on the open market is 70 days.
Of course, if a house is in poor condition and is in need of renovations, homeowners may find it almost impossible to sell their houses on the open market. Remove the stress and complexity of selling on the open market and instead choose the easy way. Sell your house to us for cash and see just how quick and easy the whole process can be.
How Long Does It Take to Sell a House for Cash?
There are many undoubted benefits to selling a house for cash. For starters, homeowners can sell their homes ‘as is’, meaning that they can avoid having to oversee any costly or time-consuming renovations. We buy houses in all types of conditions, so don’t worry if you consider your house to be ‘ugly’.
Generally, once you accept our cash offer, we’ll be able to close within 7 to 10 days. Compare that to the 70 days that it takes to close on a house sold through the open market and you’ll see why so many people are choosing to sell their houses for cash.
We will take care of everything, meaning that you won’t have to face the usual stresses and strains. Best of all, there are no hidden fees involved—the cash offer that you are quoted when you contact us will be the exact amount that you receive when you sell. There will be no real estate fees, closing fees, or marketing fees that eat into your budget and cause you additional stress.
How to Sell Your House Quickly
When you are looking to sell your house fast, WeBuyHouses in Nashville is your premier choice. Simply check out our easy 4-step process here and see just how easy it is.
1. Contact Us
The first step is to complete the form found on our website. Here, you’ll provide basic contact information and answer a few questions about the property you are selling. You can expect to hear back us within just a few minutes of submitting this form, when we will arrange to meet up in person to see your house and discuss your goals for the sale.
2. Schedule a Walkthrough
We’ll then schedule a walkthrough with you, at a time and date that is convenient. During the walkthrough, we will look at the property and consider its current condition. We will also consider the neighborhood’s characteristics and the current housing market, which will allow us to make a cash offer that is fair.
3. Receive a Cash Offer
Within 24 hours of viewing your home, we send you a no-obligation cash offer. This cash offer is guaranteed for a full 7 days. Our goal is to always make our offers fair so that you can be fully satisfied with the transaction.
As noted above, there are no strings attached when you sell your house to us. That means the price you are quoted is the price you will receive.
4. Sell Whenever You Are Ready
If you are happy to move forward with the deal immediately, our team will get started on the closing process. We’ll handle all of the necessary paperwork, meaning all you will have to do is sign.
If you would like to take to some time to think about it, that’s okay too. As soon as you have accepted our cash offer, we will schedule a closing date that is convenient for you.
Simplify the Home Selling Process
This blog post on how to sell a house fast shows you the difference between selling on the open market and selling for cash. With WeBuyHouses, you can drastically reduce the home selling timeline.
Contact us today to get started and learn how long does it take to sell a house.
