You might be looking to sell your house swiftly, possibly due to urgent circumstances. It’s likely that you landed on this blog post in search of the ideal solution that aligns with your timeline for selling your property.
Before delving into the solution, it’s crucial to grasp the distinction between the roles of an agent and an investor:
When you opt to sell your house through an agent, you are essentially enlisting the agent’s services to act as your representative in the sales process, with the goal of locating a buyer on your behalf. In essence, you are selling your property via an agent to a prospective buyer.
When you choose to sell your house to an investor, you are directly engaging with the individual or entity that intends to purchase your property. In simpler terms, you are selling your property to the investor, as they are the buyer in this scenario.
Now that you understand the difference, here’s how long it can take…
How Long Does It Take To Sell My House With An Agent?
An agent is tasked with showcasing your house to potential buyers and persuading them to make a purchase. As a result, they will aim for your property to be in excellent condition and make efforts to identify and present it to as many potential buyers as possible.
As a result, it may require several weeks or even months to prepare your house to the agent’s satisfaction before it’s ready for listing. Subsequently, after the listing, it might take several more months for the agent to identify potential buyers and for one of them to submit an offer. On average, this entire process can extend from 3 to 6 months, and in some cases, it can even stretch to 12 months. What’s often overlooked is that if the prospective buyer encounters financing issues or has a change of heart, they can withdraw from the deal, necessitating a repetition of the entire process.
Hence, the duration to sell your house through an agent can span multiple months, contingent on the speed at which you can prepare your property for a flawless presentation, the agent’s ability to locate a buyer, and the buyer’s commitment to completing the purchase.
How Long Does It Take To Sell My House With An Investor?
What often astonishes individuals is this: an investor has the capability to acquire your house with remarkable speed – certain investors can close the deal in as little as 7-10 days if that aligns with your preference. This expedited process is feasible because the investor directly represents the buyer, thus eliminating the need for property showings. Furthermore, many investors, including our team at LJE Property Solutions, are inclined to purchase houses in any condition, eliminating the necessity for property renovations or repairs.
Therefore, the decision of whether to sell through an agent or to an investor is a matter of personal choice. If swiftness is a priority for you, selling to an investor could be a consideration worth pondering.