How Long Does It Take to Sell a Connecticut House: Agent Vs Investor
If you’re wondering how long it takes to sell a house in Connecticut with an agent versus selling your house to an investor and are looking for the best possible solution, then this blog is for you. Before we get into this blog, it’s important to understand the main differences between working with an agent and selling to an investor.
How long does it take to sell a house with an agent?
Selling a house with an agent can take a good few months. The agents’ primary role is to find a ready, willing and able buyer for your house that will meet your price and terms. In order for agents to accomplish that, they will insist that you follow certain steps. These steps include:
Cleaning and fixing your home before it’s put on the market
Decluttering and staging your house
Listing your house on the MLS
Opening your house for buyer’s showing, realtor caravans and open houses
Entertaining offers and making counter offers
Making your house available for a bank appraisal and home inspections
Waiting for a buyer's mortgage approval
Of course times can vary, but you will usually need several weeks to prepare your home for the market (clean, fix, declutter, stage). Your agent will then list your home on the MLS and start marketing your property. Your agent will then have to show your property and convince a buyer to make an offer. Depending on the market conditions in Connecticut, this could take 3 to 6 months. Once your agent has found a buyer, and you have reached a contract agreement, the waiting begins!You will need to wait for an appraisal inspection, home inspections, municipal inspections and most importantly for the buyer's mortgage approval. This stage can take from 45 to 60 days if everything goes smoothly and the buyer does not get cold feet or is turned down for the mortgage. Then and only then will you be ready to close on your house. To sum things up, even under the best of circumstances, selling a house with a real estate agent can take a long time.
How long does it take to sell a Connecticut house to an investor?
You may be surprised to learn that you can sell your house to an investor very fast, in fact most investors can close on your house in as fast as 7 days. Investors can close quickly because they offer cash for your home. By selling your house to a cash buyer, you avoid all the headaches of selling your house the traditional way with an agent. You will sidestep the need to fix and stage your house, sign a long listing contract, show your house to countless buyers, deal with inspections, worry about your buyer’s mortgage approval and pay costly real estate commissions. You can usually sell your home to an investor, even if it is in poor condition or needs repairs. If selling your house quickly is important to you, then selling your house to an investor is the best option.
Need to sell your Connecticut house fast?
If you need to sell your Connecticut house fast give CT Cash Homes a call. We are local home investors that buy houses for cash, throughout Connecticut. We’ll buy your house regardless of its condition or your personal situation and guarantee you a fast closing. We’re here to help. Whether you want to sell your house fast or want more information about the selling process, call us to schedule a free no obligation appointment.