How Long Does it Take to Find a New Home?
If you're planning to look for a new home sometime in the future, you
may be wondering how long the process will take. How much time
should you set aside for viewings? How many of the listed homes
should you see?
Of course, the process varies from person to person. According to
the Department of Housing & Urban Development, home buyers view
an average of 15 properties before finally choosing to make an offer
on one of them. That number may be a good benchmark for you.
On a Saturday afternoon, you can comfortably look at three or four
potential properties. You can see more if you want to make a full day
One factor that impacts the home shopping process is how clearly
you know what you're looking for.
For example, if you're certain you want a three bedroom backsplit,
backing onto a wooded area or ravine, in an upscale neighbourhood,
then the process is going to be fairly simple. You're just going to view
properties that closely meet that criteria.
But if you're the kind of person who simply says, "I'll know it when I
see it", then you'll need to look at several homes on the market. That
means carving out plenty of room in your schedule for viewings.
A good REALTOR can help you understand what's available on the
market and which homes are worth seeing. He or she can also help
you determine how long the process will likely take, and show you
ways to make the process go more quickly and smoothly.