Typical Timeline (Traditional Sale):

  • Preparation (1-4 weeks): Time to clean, repair, and stage the home.
  • Listing to Offer (2-8 weeks): In a balanced market, homes may take around 30-60 days to receive an offer. In a seller's market, it could take just a few days or weeks.
  • Escrow Period (30-45 days): After accepting an offer, the buyer’s financing, inspections, and paperwork take time to finalize the sale.

Total Time: 1.5 to 4 months (from preparation to closing).

Faster Methods:

    • Cash Buyers: Selling to an investor or "We Buy Houses" company can shorten the process to 7-14 days.
    • Pre-Listing Preparation: If your house is in excellent condition, it may sell faster.
  2. Market Conditions:
    • In a hot market (low inventory, high demand), houses can sell in days like the 2021 market.
    • In a cooler market or with unique property challenges, it might take a few months.
flipping

How Much Does It Cost to Sell a House in Sacramento?

Typical Costs:

  • Real Estate Agent Commission: 5-6% of the sale price (split between the buyer’s and seller’s agents).
    • Example: On a $500,000 home, this is $25,000-$30,000.
  • Closing Costs: 1-3% of the sale price for items like escrow fees, title insurance, and transfer taxes.
    • Example: $5,000-$15,000 on a $500,000 home.
  • Repairs/Improvements: Variable, depending on the home’s condition. Budget for minor fixes ($500-$2,000) or larger renovations if needed.
  • Staging: $1,000-$3,000 for professional staging or $200-$500 if you DIY.
  • Home Warranty (optional): $400-$700 if offered as a buyer incentive.
  • Utilities and Maintenance: Ongoing costs while the home is on the market (e.g., $200-$500/month).
    • Pre-Sale Inspections (optional): $400-$600 to identify potential issues upfront.

How to Save on Costs

  • Sell As-Is: Avoid repair and staging costs by selling directly to a cash buyer or investor.
  • Negotiate Agent Fees: Some agents offer reduced commissions or flat fees.
  • DIY Staging: Save on staging costs by decluttering and arranging furniture yourself.
selling a house in Sacramento

Work with a Home buying company

If you completely remodeled your home in 2024 according to all the current building codes, you should list your home on MLS. You should be proud of your home and have your agent take professional photos and videos of the property and blast it all over the internet. If you have not updated your Sacramento home since the 1970's then it is ok to sell it to a house  buying company like webuyhousesinsacramento llc.

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