Sellers August 30, 2023

“Your Comprehensive Guide to Selling Your Home: A Week-by-Week Breakdown”

In an ideal scenario, placing your home on the market would promptly lead to a profitable sale. However, for the majority of sellers, a certain timeframe exists between the listing and the actual offer reception.

So, what transpires during this interim? What should you anticipate during the weeks between initially listing your home and ultimately securing a buyer?

Though each sale possesses its unique nuances, a recent realtor.com article has outlined a generalized week-by-week timeline that encapsulates the common experiences for many homeowners as they sell their homes. This encompasses:

Week 1: In the initial week following the listing, homeowners can look forward to a surge of initial enthusiasm, buzz, and curiosity surrounding their property. This will inevitably involve numerous showings. It’s crucial during this period to maintain a consistently clean, organized space that’s constantly ready for showings.

Week 2: If no offer materializes in the first week, don’t be disheartened. It’s normal for properties to remain on the market for several weeks or even months. Consequently, continue to uphold the tidiness of your home and ensure it’s available for potential buyers to explore. At this point, you might begin to feel some apprehension regarding potential offers. If such concerns arise, engaging in a conversation with your real estate agent is beneficial. They can provide reassurance and alleviate your worries by reaffirming the eventual sale of your property. In some instances, exhibiting patience is the key.

Week 3: If your home has been listed for three weeks, and interest has been notably high, the third week could usher in an offer. However, if your home has received ample showings yet hasn’t yielded any offers, it could be opportune to consult your real estate agent about the property’s pricing accuracy. If deemed necessary, they may recommend adjusting the price to align with market demands.