Sound off Jared G. Randall How long does it take to find, negotiate and settle on a home?
This is a great question and one that buyers ask me quite a bit.
Obviously, a person’s home is one of their most valuable assets — and so much more. Choosing a home is an important and serious decision. Once that decision is made, the logistics of selling a home and buying and moving to another can be complicated and somewhat stressful.
In a perfect world, all the moving pieces fall into place, allowing for a same-day settlement for both properties, but that can be a difficult feat even for the most accomplished Realtors and savvy buyers.
Ultimately, the time it takes to find, negotiate and settle on a home will always be subjected to variables and dependent on the sense of urgency for both parties involved in the transaction and the efficiency of third parties, such as lenders, inspectors, real estate attorneys and insurance carriers.
A “reasonable” amount of time invested in finding and settling into a new home differs from client to client.
I’ve sold homes in a single day when the buyers and sellers were equally motivated and favored a fast close, and conversely, I’ve spent years with other buyers who are in search of the perfect home but aren’t rushed to relocate.
When buying a home, you’re not just buying a structure. You’re buying a neighborhood, a community, a lifestyle and sometimes a school, so I recommend that my clients take as much time as they need to make informed decisions throughout their home search.
And when the right one comes along, they’ll be in a great position to make an offer and negotiate with confidence.
Jared G. Randall,
Houlihan Lawrence, Greenwich brokerage office,
(203) 869-0700, ext. 40250 office,
(203) 273-1034 cell, firstname.lastname@example.org