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by bmitc
1306 days ago
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In my area, homes sell over a weekend and typically the owner lives in them until closing basically. The open houses are nearly always done with the owners’ stuff still in the house. The houses sit empty for maybe a week. Is it really that common for a seller to move out while it is trying to be sold? Such a person would need a lot of money to do so. |
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In the car dealer business, cars usually sit for a month on the dealer's lot before they sell. Car dealers hate that, because they borrow money to put the inventory on the lot, and pay interest on that money.
It's the same for house sellers. Leaving a house vacant cost thousands of dollars a month. Sellers aren't letting it sit vacant for fun. When I've sold a house, I was painfully aware of the vacancy costs, and always tried to price it to get it sold ASAP.