Length of time it takes to sell a home is not usually a factor. It is best to read the contract you have agreed to so you have a thorough understanding.
Hi Sarah! I am a Realtor in Michigan. A typical exclusive right to sell contract usually dicates that the brokerage is owed a commission for the sale of the property no matter who purchases it. In a typical exclusive agency listing contract the brokerage is owed a commission IF they bring a buyer. There are also one party listing agreements that are common among "for sale by owners" that are dealing with a buyer agent; in these the commission is negotiated before the offer is presented.
The speed of the sale is not relevant in determining if a broker is owed a commission unless the contract has expired.
I hope this helps answer your question. Make today great!
When it comes time to sell your house, you have the option of listing it as-is. This means you are not interested in requests from buyers to modify or repair the home before selling it.
Selling a house as is allows homeowners to ensure a no-fuss sale because they won't have to pay for a significant number of repairs or potentially delay the cl
The death of a loved one leads to a stressful and emotional period. There are funeral arrangements, but also handling and distributing the assets of the deceased person's possessions.
If you've been named executor of the estate, you now have a long list of tasks to complete; if you're a beneficiary, you're considering things like inheritance t
If you have accepted a job in a different part of the state, or across the country, you might have to move in a hurry. Some companies only give their employees a few weeks to pack their belongings, move to the new town, and settle.
Considering most homeowners need at least a month to prepare a home for listing and the average house stays on th