How long should it take to sell my property? Jordan Brewer
The time it takes for you to sell your house (from the day you first list it to the day it goes under contract) is called the "Days on Market".
We estimate a standard of 90 days to sell your property. A slow market can take as much as 150 days and a hot market can be as low as 30 days. Even if there are some properties selling for faster than 90 days in your area, you shouldn't count on your property selling that fast. If the average days on market in your area is closer to the 150 day mark, you should definitely look in a different area. You can check your area on Zillow to see if it is HOT or COLD.
A good agent should also be able to tell you how long your property should take to sell. Part of the property evaluation we conduct before offering a loan on a property is determining the estimated days on market for the property after it is rehabbed.
There are many things that affect days on market or how fast your property will sell. The three biggest factors are price, location, and condition. Properties with a low price, in a desirable location, in a good condition sell faster.
Check out our blog post on the 10 Best Ways to Sell Your Property Fast at a Good Price. You can also check out our YouTube videos: How To Sell Your Flip Quickly For Max Retail Price, What Is the Best Way to Sell a Property, Some Creative Ways To Market a House for Sale, How to Sell Your Finished Flip Quickly for the Most Profit, Selling Your Finished Flips Fast for Maximum Profit
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