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Timeline for selling a house

It's shorter than you think!

By Noubar OujianPublished 2 years ago 3 min read
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Timeline for selling a house
Photo by R ARCHITECTURE on Unsplash

Most people know that the timeline for selling a house can be anything from simple to complicated. There are many factors involved in determining how long it will take to sell your home, and you need to make sure you have a clear understanding of all of them before moving forward. In this blog post, we'll take a look at some common timelines for selling a house in Detroit and how you can best go about the entire process from the perspective of Thomas Rogge!

Pick the Right Real Estate Agent (14 Days)

The first and most important part of the timeline for selling a house in Detroit or anywhere else is to pick the right real estate agent. This person will be responsible for marketing your house within Detroit and to potential out-of-state buyers, negotiating with buyers, and guiding you through the entire process. It's important that you take your time in selecting an agent and don't just go with the first one you meet.

Different agents will help you give different valuations and help you find the right match in Detroit. Make sure to negotiate different rates with different agents and pick one you can trust to avoid any scams!

Prepare Your House for Sale (30 Days)

Once you've chosen an agent in Detroit, it's time to start preparing your house for sale. You'll need to declutter, clean, and make any necessary repairs. The goal is to make your home look as appealing as possible so that potential buyers can imagine themselves living there.

Start Marketing Your House (20 Days)

After your house is ready to sell, it's time to start marketing it in Detroit. Thomas Rogge will help you with this, but in general, the goal is to get your house listed on as many websites and places as possible so that potential buyers can learn about its existence. This includes placing an ad online, listing your home in the MLS (multiple listings service), putting details up on Zillow and other websites to improve visibility.

Negotiate With Potential Buyers (60 Days)

By André François McKenzie on Unsplash

Once prospective buyers have learned about your house for sale through one of these various means or through Thomas Rogge in Detroit, they'll want to visit it before making a decision. You shouldn't let them see or negotiate with anyone until getting their offer in writing first to avoid scams! Make sure you always receive offers in writing; verbal agreements are not worth much when selling real estate!

Accepting an Offer (30 Days)

If a buyer makes an offer that you're happy with, your agent will help you negotiate the terms and get everything in writing. From there, it's just a matter of waiting for the closing date to arrive. This usually happens around 30 days after the offer is accepted.

It's best to have the entire process thoroughly scrutinized by a lawyer in Detroit if you still haven't signed up with a Real Estate agent to avoid getting scammed.

Exchange to Completion (14 Days)

Assuming the closing date goes smoothly, you'll just need to wait for 14 days on average, after it's completed before the house is officially yours! Congratulations on your new home and reaching the final part of the timeline for selling a house!

Since the deposit is completed, and contracts have been signed; there's no backing out now! There would be penalties underway if either of the parties involved decided to back out or pull a scam.

When the day finally arrives, the seller's solicitor will release the funds, and everything will be set and ready to go!

The entire timeline for selling a house in Detroit or mostly anywhere within the US can take anywhere from 60-90 days (Subject to change depending on market).

However, this timeline for selling a house can vary greatly depending on a number of factors, so it's important to stay in close communication with your real estate agent to make sure everything is moving along as planned. Be cautious of anyone trying to leverage your tight schedule! Always get a second opinion if everything seems shady and you feel like you might get scammed

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