The Average Length of Time for a Sacramento Listing

By
Real Estate Agent with Lyon Real Estate BRE #00697006

Let's see a show of hands. How many real estate agents listed short sales prior to 2012? And how many of those short sale listings sold and closed within 6 months? OK, now you can peel yourselves up off the floor and stop laughing. Hey, I wasn't the one who sold buyers hope. Nope, that was the California Association of Realtors with its short sale addendum contract default period of 90 days. My listings for a short sale were always 360 days. But I digress.

The average length of time for a Sacramento listing doesn't really matter. What matters is whether the listing agent is willing to cancel the listing at any point in its duration if the seller is unhappy for any reason. Including, how many times your real estate agent is willing to sell that home yet get paid once.

You can read more in my personal blog today at this link: Why a Six-Month Listing is Normal for Sacramento Listing Agents.

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Certified HAFA Specialistelizabeth weintraub

 

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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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Ambassador
2,921,693
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

I'm raising my hand high, but you knew that.

Stuff happens and you are so experienced in the way of Sacramento real estate that you know it.  You don't blow sunshine up a seller's back side.  Nope.  You let them know the potential pitfalls and how you will handle them.

May 18, 2018 09:43 AM #1
Ambassador
3,267,365
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Elizabeth- and this is why sellers (and buyers) need to work with an agent who knows the area and knows what they're doing. 

May 18, 2018 12:56 PM #2
Rainmaker
3,481,654
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, definitely did not sell short sales.  Sold TWO, one closed, one did not, so I stopped at a 50% ratio.   Hated that, not my niche.

May 18, 2018 01:41 PM #3
Rainmaker
1,465,419
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Short sales can really try an agent's patience. They are not my cup of tea, but I have sold a few distressed properties that have been updated by the bank.

May 20, 2018 11:35 AM #4
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