A common question we get from sellers is:
How long do we think it will take to sell their home?
Of course we wish that we had a crystal ball, but we do our best to manage expectations.
So what can you expect?
Normally you will see the most activity in your first two weeks on the market. Your house MAY sell in the first two weeks…but it could just as easily take longer than that.
Interestingly, when an owner’s house sells quickly, like in the first few days, they often get aggravated because they feel it happened too fast. They usually think that means they asked too low of a price or “gave their house away.” That is probably not the case at all. It is almost always just an indication that the house was priced appropriately. But this can lead sellers to do some silly things, like refuse great offers and wait for a better one, or even increase their price, only to find out weeks and months later that they made a mistake.
On the other hand, other owners get frustrated when their house has been on the market for a few months with no offers at all. A few months may not be long at all, depending on the current market and the type of property and its condition.
The reality is:
There is no way to truly predict how long it will take to sell your home, or any home for that matter.
We can certainly look at statistics to get a feel for how long houses in your area and price range have been taking to sell recently, but that doesn’t mean it will play out that way on your house.
The amount of buyers in the market goes up and down. The supply of houses for them to choose from goes up and down. Other factors such as interest rates and the state of the economy can also play a role.
The most honest answer to the question is…it depends upon the current market conditions and how appropriately you are priced.
Our best advice is this…
If it happens quickly for you – rejoice!
If it takes a while longer than you hope or expect – have faith and patience!
We pride ourselves on giving you weekly updates and communicating throughout the process so you always feel in the loop and have the best information to navigate the sell of your home. We are always happy to answer any questions, so don’t hesitate to reach out to us!
Thinking about moving to Tims Ford Lake?
We would love to help! We live and work on Tims Ford Lake – it’s our happy place and we would love to help you make it yours! Use the searches below to start your home search or contact us directly for a personal tour of the lake (on our boat!) or just to chat about your home buying needs.
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