How long does it take to sell a property on average?
Asked on Feb 18 2013,
Safety & Crime in Whitehaven |
An ideal scenario for marketing a property is approximately 4 weeks from commencing advertising to accepting an offer and thereafter the average is 6 to 8 weeks to exchange contracts and complete. 1 month of advertising should be a minimum amount of time required for the majority of potential purchasers to find it. It always annoys me to see an agent advertise something as "sold in 24/48 hours", because that strikes me as something that was undersold! Who knows how many more potential purchasers might have come out of the woodwork a week or two later!
Answered on Feb 22 2013,
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