Selling a house in Las Vegas may take longer than you expect and this depends on different factors. Your house may take long to sell not because there’s no buyer but because of certain factors. These factors determine how long your house stays on the market before it’s bought.
Below is a list of some factors that impacts how long it takes to get your house off the market:
- State of the Market
- The Number of Days on the Market
- Pricing
- Condition of the Home
- Location
These factors play a major role in how long your house stays on the market.
How Long Does It Take to Sell a House?
A house can stay on the market for 22 days (without counting the time spent on preparing the house for sale and the work involved even after the sale. In this article, you’ll learn the process of how to sell a home and why it takes longer on the market. Read on!
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Hire a Real Estate Agent
A real estate agent is a professional at selling houses. A realtor understands the market and knows through best time to put your house up for sale. A realtor knows the value of your home, therefore they know the audience they should be selling to. To get your house off the market faster, you must hire an agent who understands the process of selling and how to sell.
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Prepare the House For Sale
The condition of your house determines how long it takes to get off the market. If your house is in bad shape, it may take a while before you get it sold; except you’re selling as-is. The time it takes to put your house back in shape also contributes to how long your house stays on the market. However, making efforts to make your house ready for sale helps to facilitate the process and attract interested buyers.
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List and Show the Property
After making renovations and necessary repairs, the next thing is to price your home and list it on the market. Your realtor can receive potential buyers when they visit your house during showings. Your house may be in great shape, but if you’re not satisfied with an offer, your house might take longer on the market before it gets sold.
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Accept an Offer
After receiving an offer, the buyer has a time limit of 24-72 hours to respond or make payment as the case may be. After the set time, the seller can reject such an offer and be on the lookout for new buyers.
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Appraisal and Inspection
The buyer’s mortgage lender might decide to carry out an appraisal of the property to determine if it’s worth the mortgage loan the buyer took. The appraisal process may take little or more time, depending on the appraisal schedule. Also, before closing the sale, an inspection of the house is required to ensure the house is in good condition. The inspections may take a few hours or days, depending on the size of the house.
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Closing
The average time to close the sale of a house is 22-49 days. However, there’s a long process to be followed before getting to the closing table. A lot of factors contribute to the long process involved in selling a house which is why the house stays longer than necessary before it gets sold.
Conclusion
The best way to close the sale of your house in record time is to sell to a cash house buyer. At Alex Buys Vegas Houses, we buy houses Las Vegas in any condition and close the sale of your house as fast as possible.
Contact us today to know more about the services we offer!