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Rainmaker
831,586
Peter Mohylsky. Broker Associate
Miramar Beach - Santa Rosa Beach, FL
THE BEACH IS OPEN AND WAITING FOR YOU

it depends, financed deal or cash.  typically 30-45 days are good for plannng, then you see what day of the week works for all concerned.  Fridays or last day of month are not desirable.  soo again , it all depends

 

 

May 10, 2021 01:00 PM
Ambassador
3,001,561
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

It all depends on many factors.

I wish you all the best with your real estate studies. 

May 10, 2021 04:26 PM
Ambassador
3,222,919
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Depends on if it's cash, financed (what type of financing) and the terms.  Cash can close quickly within a week or so.  Most financed deals close within 30 days - some take up to say 45 to 50 days if it's a reverse mortgage.

May 10, 2021 04:17 PM
Rainer
307,952
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

It all depends on the buyer, seller, contract, and the lender. It is all a negotiation. I'd ask the lender what it is taking them to close, then I'd ask some other agents what their experiences have been with the lender. 

May 10, 2021 04:08 PM
Rainmaker
5,366,665
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Connor,

Each market place differs.  What is typical in some places is now complety differetn. A

May 10, 2021 02:04 PM
Rainmaker
584,525
Ernie Steele
Berkshire Hathaway HomeServices Homesale Realty - Lebanon, PA
Call me, let's get started!!! 717-273-3774

I always do 45 days... Less can work if all agree.

May 10, 2021 01:55 PM
Rainmaker
502,276
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

It depends on the financing and the market you are in.  Maybe ask your broker. 

May 10, 2021 06:13 PM
Rainmaker
868,274
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

First...we must agree on what "execute" means. The definition below was taken off on the internet:

Definition of Execute

Noun

1.    To complete, and give effect or validity to, a legal document, decree, law, or judicial sentence.

2.    Fulfilling legal requirements of a contract or other instrument by signing or sealing.



So...you can see that, once a contract is written, it can take only a short time to "execute" the contract.

Yet, I do not think what you wrote is really what you want to ask.

If you are asking how long it take to complete a real estate transaction, that is not a question that can be precisely answered.

Some transactions, as in a cash purchase, can move to close in days.

Others, due to inspections, negotiations, financing, escrow processing and other possible delays can easily take 30 days or, in some cases, much longer.

Many contracts are written with a close of approximate 30 days in mind and work out satisfactorily.

May 10, 2021 05:50 PM
Rainmaker
2,610,722
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Moving with a purpose produces the fastest results. What remains to be seen as we go from stage to stage is predcitable but not accurate. Whoever is supporting this question comes across as one who doesnt know the subject

May 10, 2021 04:44 PM
Rainmaker
4,020,466
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

My quickest was 5 days. My longest was 14 months! No correct answer. It takes the time it takes.

May 11, 2021 04:33 AM
Ambassador
5,213,048
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Is anything really typical in this game?

May 10, 2021 07:51 PM