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Rainmaker
1,323,219
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 approximately 30 days in mind and work out satisfactorily.

May 23, 2023 09:04 PM
Ambassador
6,418,407
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

The time from offer to closing will largely depend on financing and contingencies.

May 23, 2023 08:54 PM
Rainmaker
1,206,361
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

just guessing what you are saying is that typically 45-60 days from contract to closing.  it all varies it can be longer or shorter but those are the days I advertise.  

May 23, 2023 12:07 PM
Rainer
463,453
Clay R. Seay
Florida Homes Realty & Mortgage - Saint Augustine, FL

Alan May is correct in his reply. There are several ways to define "execution" of a purchase contract.

The execution of signatures is the one step in the process. That can take as quickly as an hour as Alan stated, or up to 24-48 hours if the buyer or seller negotiate the terms and conditions, one of them is working or out of town. Auto signing via Docusign program is also a quick process, depending on the questions either party may have on the contract wording.

The timeline from signatures to closing varies to the terms of the contract. A cash offer with no contingencies can be closed and property transferred as soon as 2-3 weeks, depending on Title or Legal steps.

Most contracts with mortgages are longer due to inspections, appraisals, surveys, repairs, if any, and the buyer and seller agreed upon time line. Each contract is different and you, as the agent, needs to understand and manage each step according to your client's direction.

Usually 30 -45 days is reasonable, but can be 60, 90 days or more depending on each parties situation.

Once the property closing has occurred, you are not done ! Keep in touch with your client as referrals and long term relationships are a critical part of our future business.

May 23, 2023 12:00 PM
Rainmaker
4,176,816
John Pusa
Glendale, CA

Hello Taya Reynolds it depends on the contract timeline can change.

May 23, 2023 04:33 PM
Ambassador
3,349,554
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

As others have mentioned, we must define and understand what is meant by the "execution" of a contract.  

In my market, 30 days is more "typical" than shorter or longer timeframes.

May 24, 2023 08:34 AM
Rainmaker
1,201,612
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

30 to 45 days is considered the norm from accepted offer to closing. SOme take longer and others less

May 24, 2023 06:42 AM
Rainmaker
5,239,983
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

30-45 days is typical but contingencies and financing may alter that time frame.

May 24, 2023 04:33 AM
Ambassador
1,078,091
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

30 days is the most frequent timeline I see from contract to consummation.

If you mean the actual execution of the contract meaning all parties agreeing and signing, usually 24-48 hours from offer delivery, or less.

May 23, 2023 05:07 PM
Rainmaker
2,784,716
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

All involved are motivated to close. It boils down to each person involved time to perform. A good agent gets a lot done pre-escrow as in the looking and buying stage. The listing agent drives the bus. A good, on top of everything agent with a high-performance escrow can coordinate appraisals, loan docs and repairs (if any) in record time. Allow for 30-45 day closings however I have seen the go way less and way more for various reasons. Until the closing, we are all working for free!

May 23, 2023 01:36 PM
Rainmaker
1,847,031
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Maybe execution should be 'completed' in your question. The guys have given you great answers.

May 23, 2023 12:19 PM
Ambassador
2,071,496
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

That depends on what you mean by "execution".

Some people think that execution means getting it agreed to and signed by both parties. (or ratified)  And honestly that can take place as quickly as an hour or so.

But personally, I believe that execution means that everything within the contract has been 'executed' (or carried out)... so all of the instructions therein have been carried out... so negotiations, inspection, earnest monies, loans, balance of funds, and actual closing and exchange of keys and recording of title and deed.. and that typically takes anywhere from 30 days up to 90 or 120 days (or sometimes longer by mutual agreement)

May 23, 2023 11:46 AM
Rainer
28,771
Dave Skow
Movement Mortgage - Seattle, WA
Dave Skow

30-45 days on average ...many times  quicker 

May 25, 2023 01:07 PM
Rainer
381,027
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

average of 30 days to close in Georgia

May 24, 2023 09:30 AM
Rainmaker
4,960,897
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

30 to 45 days in most cases.

May 24, 2023 09:03 AM