Selling a home is one of the most important financial decisions a person can make. It can also be a long and drawn-out process if you’re not careful. If you’ve ever wondered why it takes so long to sell a home, you’ve come to the right place. In this article, we’ll discuss some of the main reasons why home sales take so long.
Bad Real Estate Agent
A bad real estate agent can be one of the biggest obstacles when it comes to selling your home quickly and efficiently. A good real estate agent should work diligently to ensure that all paperwork is in order, that they are familiar with local market conditions, and that they have experience with the necessary paperwork for closing. They should also be available to answer any questions or concerns that sellers may have throughout the process. Or you could skip the agent entirely and go with a cash home sale.
Flaky Buyers
Another common issue with home sales is buyers who are simply not ready or willing to commit to buying a home. This could be due to various reasons such as difficulty obtaining financing or just plain indecision on their part. Flaky buyers can cause unnecessary delays in what would otherwise be a straightforward sale process, so sellers need to know how to spot these types of buyers early on to avoid any potential frustrations down the line.
Inspection Issues
Finally, inspection issues are another common reason why home sales take so long. An inspection is an essential step in selling a home because it provides potential buyers with information about possible repairs needed before they commit to buying the property. If there are any issues found during an inspection, then this could significantly delay the closing process as negotiations have to take place for both parties involved in the sale agreement to agree upon who will pay for repairs or upgrades needed before finalizing the sale.
Home sales take time and patience, but understanding some of the potential pitfalls ahead of time can save you from unnecessary delays down the line. If you’re interested in getting your home sold quickly without hassle, you should look into selling to a cash home buying company like Volunteer Buyers.
Want to see just how the traditional method stacks ups with a cash home sale? See the comparison at Volunteer Buyers!