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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