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Rainmaker
4,100,625
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

More information is needed.  Much more.

Jan 29, 2019 04:48 AM
Rainmaker
4,118,913
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Do you mean closing or ratification? Purely technically, a contract is not fully executed until the property closes. Ratification is a whole other story. My sales typically close in about 30 days on average unless it's new construction from ground up. My contracts are typically ratified the same day that agreement is reached by all parties on the terms.

At the end of the day, it all depends on the terms negotiated as part of the contract as how quickly it closes... and that varies from contract to contract.

Jan 29, 2019 03:38 AM
Rainmaker
3,722,318
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

In my experience there is no typical time line, for cash it is a short escrow, for loan it depends on the type of property and the clients financial situation, and for land it depends on the location and the time necessary for due diligence...with that said what state are you in? are you new? maybe it is time to have a trainer or a mentor? just wondering, Endre

Jan 28, 2019 10:36 PM
Ambassador
4,258,081
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Can you be more specific? Too many variables to give you an answer without the specifics.

Jan 29, 2019 05:00 AM
Rainmaker
4,211,603
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Execution as in signatures —— 24 to 72 hours depending on circumstances 

Jan 29, 2019 03:38 AM
Rainmaker
991,385
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I think this answer is what you are asking. In MA Once on offer is accepted the time to a Purchase & Sale Agreement is typically 10 or 11 days unless there are inspection issues that need to be addressed.

Jan 29, 2019 05:27 AM
Rainmaker
883,772
Peter Mohylsky. Broker -BRIX REALTY
Miramar Beach, Florida - Santa Rosa Beach, FL
BRIX REALTY -DESTIN

Too many items for such a simple questions.

Jan 29, 2019 12:32 AM
Rainmaker
1,922,214
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Need to be more specific, not enough information to provide a concise answer.

Jan 29, 2019 06:16 AM
Rainmaker
895,000
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

There's not a typical timeline in my experience. It could be executed in minutes. It could take months. I've seen and had both.

We've had conversations about this in the past; what we call 'execution' around these parts = 'contract signed by all parties'.

Many will call execution the closing of the transaction, the fulfillment of all contractual items.

That is also not a typical timeline. Can take days, can take years. I've seen & had both.

Jan 29, 2019 05:28 AM
Rainmaker
3,331,523
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

In execution you mean buyer signing, to presenting to seller to the seller signing. It could be as little as an hour as I dont like to hold offers. Present while the buyer is hot. I encourage quick responses from my sellers and have this talk when I list it so there is no delays when i get an ofer. 

Jan 29, 2019 05:24 AM
Rainmaker
577,189
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

There are too many factors to identify a "typical" timeline.   

Jan 29, 2019 05:04 AM
Rainmaker
454,799
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Many out comes. New construction  could be 6 months to a year, w/ financing 30 to 60 days, cash 7 to 14 days...

Jan 29, 2019 03:52 AM
Rainmaker
522,741
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

Depends on the terms of the contract. I have had some close in a matter of weeks and some took as long as 4 months. Whatever makes both sides happy.

Jan 29, 2019 03:27 AM
Rainmaker
3,617,099
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Cash 2 weeks, loan 4 weeks, with no issues

Jan 29, 2019 01:19 AM
Rainmaker
508,283
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

When both parties have signed, the contract will be executed by the agent representing the last party.  If that is what you are asking.

Jan 29, 2019 09:23 AM
Rainmaker
1,899,943
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Here (Minot ND) the turn around time was usually under an hour.

Jan 29, 2019 08:03 AM
Rainmaker
889,027
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Typical days to closing +/- 30 days. A timeline is to complex for this venue.

Cash - 4 days

MM - 5 days

FHA - 35 days

VA 45 days

USDA - 60 days

YMMV

Jan 29, 2019 04:41 AM
Rainmaker
4,433,703
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Depends.

Jan 29, 2019 03:39 AM
Rainmaker
1,737,065
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Are you referring to "executing" the contract or bringing the executed contract from pending to close?

Jan 29, 2019 08:22 AM
Rainmaker
1,231,599
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Varies depending on multiple steps along the way.

Jan 29, 2019 08:03 AM
Rainer
326,572
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

Like others have mentioned, too many variables with this question, as-is. 

To accept, it depends on the property and the market; 8-24 hours.

Closing depends on cash of financing. If financing, that depends on the lender, but typically 30-45 days. After my last closing, I believe I am going to enter a date to close by, or just give the bank 30 days.

Jan 29, 2019 07:54 AM
Rainmaker
5,588,721
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Melanie,

It is difficlut to answer you based on the info.

Jan 29, 2019 07:35 AM
Rainmaker
4,799,501
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

What do you mean by executed?  Signed by one party, both, transaction completed?

Jan 29, 2019 07:26 AM
Ambassador
3,056,627
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Question is vague ... who formulated that question?  Maybe rethink it and ask it again. Define execution. Fully executed?  Signatures to ratify?

Jan 29, 2019 07:19 AM
Rainmaker
710,004
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

24 hours on sigs, 45 days on close.

Jan 29, 2019 06:04 AM
Rainmaker
808,847
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

What is your definition of execution? Some agents use that term to mean a signed, ratified contract. Here that is 24-72 hours. But executing a contract, meaning meeting all of it's terms and closing, is generally 30 days here, of course with exceptions. -K

Jan 29, 2019 09:20 PM
Rainmaker
684,765
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

If we're working on an Offer, not a Realtor Contract, then it's 10-14 days to Contract; to allow time for Inspections

Jan 29, 2019 04:35 PM
Rainmaker
1,387,378
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Define execution?  I can get a clean offer signed by the sellers in 15 minutes of receipt.  If negotiations are needed, it can take days or weeks.

 

If you're asking about the length of time between signed contract and keys changing hands, that's usually 30-35 days with sometimes 2-3 days of possession by the seller after COE.

Jan 29, 2019 11:47 AM
Rainmaker
1,109,545
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

From contract to close 40 to 50 days is average here Melanie.

Jan 29, 2019 09:40 AM
Rainmaker
821,972
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

"Contract" could be on the spot, but with many contingencies.

Jan 29, 2019 08:55 AM
Rainmaker
611,146
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

Nothing is typical...

My buyer clients do not waive inspections, appraisals or surveys...someone good takes time to get on their schedule.

I also do not chomp at the bit to close and get that hot check cashed. If there is a problem, I will re-negotiate it and delay the closing if needed. 

My job is to make sure there are no problems that I overlooked...which is why buyers hire me.

Eve

Jan 29, 2019 07:31 AM
Rainmaker
911,001
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Lots of good answers here so I will not repeat what has already been said.

Jan 29, 2019 07:04 AM
Rainmaker
535,339
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

Closings are from 2 weeks to 60 days depending on what type of loan or if it is cash.  

Presenting the offer has a timeline on the contract to answer back.

Jan 29, 2019 06:55 AM
Rainmaker
1,153,825
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

In our area 21 days for COE is often the longest for a loan. Shorter for cash. 

Jan 29, 2019 06:45 AM
Rainmaker
468,799
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

Annette Lawrence , Palm Harbor, FL 727-420-4041  gave a great comment. Those are about the same time frames for  my area as well. 45ish days for Rehab loans (FHA 203K or Fannie Mae Homestyle) is my only addition. Of course there's alway exceptions but these would be "typical" time frames.

Jan 29, 2019 06:43 AM
Ambassador
5,409,720
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Largely dependent on the type of financing and how fast the title, appraisal, and inspection people can get their parts done.

Jan 29, 2019 05:48 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Just remember this basic premise, time is of the essence.

Jan 29, 2019 02:30 PM
Rainmaker
4,044,560
Richard Weeks
Dallas, TX
REALTOR®, Broker

Cash 7 - 10 day

3rd party finance 3-  45 day.

Jan 29, 2019 02:09 PM
Rainmaker
556,758
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Ratification is different than closing.  And cash sales have a different timeline to close than do those which involve loans.

Jan 29, 2019 01:21 PM
Rainmaker
6,607,962
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Talk with your broker and the successful agents in your office.

Jan 29, 2019 01:05 PM
Rainmaker
5,571,923
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

in our area, it's after all of the inspections have been done.... so 10 days would do it here....and that leaves enough time for the attorneys to provide an agreed upon p/s to be signed....

Jan 29, 2019 11:58 AM
Rainmaker
1,231,112
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

All cash 5-10 days

Loans 21-45 days

Jan 29, 2019 10:41 AM
Rainmaker
1,596,606
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

You got great answers!

Jun 25, 2019 08:52 AM
Rainmaker
3,985,875
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

30-45 days

Feb 03, 2019 04:38 PM
Rainmaker
4,014,202
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

If you mean till it could close, 30 to 45 days.

 

Feb 02, 2019 03:37 PM
Rainmaker
4,939,881
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We get signatures for the executed contract within 24 hours, and usually takes 3-4 weeks to close.

Feb 01, 2019 07:30 AM
Rainmaker
1,670,234
Mike Cooper, Broker VA,WV, MD
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

It depends on a number of factors around here. If it's a straight conventional loan with no hiccups, it could be 30-45 days. Government locals can go longer, but most will close in 45-60 days. Cash can be really fast. I've had them close in 7-10 days. 

Jan 30, 2019 09:40 AM