Timeline for Selling

“How long will it take my house to sell?”

That’s the question real estate professionals hear the most.

As agents, we can easily obtain information from our Multiple Listing Service (MLS) about average time on the market from time of listing to accepted offer. These statistics vary depending on interest rates, price range, local economics, and other factors.

What most sellers really want to know, however, is “How long will it be until I have to move?” This depends on how long it will take from accepting an offer until the transaction closes. Once an offer is received and accepted, it may take from 30 to 45 days to obtain financing and close the deal. Buyers who are preapproved by their lenders can shorten that time frame considerably.