

1,828,235
2 months is not enough time especially in this tight market. They always want it perfect, not paying rent & paying for the house.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Will Hamm
Aurora, CO
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Lyn Sims
Schaumburg, IL
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Brian England
Gilbert, AZ
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Anna "Banana" Kruchten
Phoenix, AZ
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Doug Dawes
Georgetown, MA
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Gary Frimann, CRS, GRI...
Gilroy, CA
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Darryl Shurgin
Ronkonkoma, NY
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Shayne Stone
Fulshear, TX
3,302,257
Depends on the market and the level of inventory. They certainly want to be preapproved for a loan and have enough cash reserves to move.
My sense is longer than 2-3 months.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Will Hamm
Aurora, CO
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Brian England
Gilbert, AZ
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Anna "Banana" Kruchten
Phoenix, AZ
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Doug Dawes
Georgetown, MA
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Gary Frimann, CRS, GRI...
Gilroy, CA
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Peter Mohylsky, Beach ...
Miramar Beach, FL
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Kathleen Daniels, Prob...
San Jose, CA
3,557,315
I would suggest they begin earlier than 2 or 3 months. Typically they are 1st time home buyers and don't understand the home buying process. I created a first time home buyers ebook years ago and it was well received by newbies. And of course the first step (after talking with their agent) is being fully qualified before starting to even look at homes.
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Brian England
Gilbert, AZ
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Darryl Shurgin
Ronkonkoma, NY
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Shayne Stone
Fulshear, TX
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Lyn Sims
Schaumburg, IL
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John Juarez
Fremont, CA
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Will Hamm
Aurora, CO
2,760,652
As one lives the renting life, the idea of buying visits with them. It is subjective to be sure but is answered and considered at some point. Once the emotional drive kicks in, followed by the "want to", a type of adrenaline kicks in as they now begin to explore their options, timing, savings & life plans. Simply put: They put legs on that dream.
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Brian England
Gilbert, AZ
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Doug Dawes
Georgetown, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Darryl Shurgin
Ronkonkoma, NY
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Shayne Stone
Fulshear, TX
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John Juarez
Fremont, CA
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Will Hamm
Aurora, CO
7,662,449
Even three months may not be enough time in our market.
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Will Hamm
Aurora, CO
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Brian England
Gilbert, AZ
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Anna "Banana" Kruchten
Phoenix, AZ
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Doug Dawes
Georgetown, MA
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Gary Frimann, CRS, GRI...
Gilroy, CA
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Kathleen Daniels, Prob...
San Jose, CA
1,487,512
2-3 months and they'll need to be willing to pay to reserve the property until their lease is up or move now and continue to pay the lease at the old place.
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Will Hamm
Aurora, CO
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Brian England
Gilbert, AZ
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Doug Dawes
Georgetown, MA
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Gary Frimann, CRS, GRI...
Gilroy, CA
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Kathleen Daniels, Prob...
San Jose, CA
4,548,999
I would suggest that they begin their search 3 months in advance, but it really depends on whether or not they can afford to possibly have two payments at the same time or not.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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John Pusa
Glendale, CA
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Will Hamm
Aurora, CO
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Lyn Sims
Schaumburg, IL
4,981,786
I have no clue on this question. I haven't worked with a renter looking to buy for some time. But for some one who does want to buy and is currently renting, I would say they need to start several months before the lease ends. And a pre-approval is a must!
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Will Hamm
Aurora, CO
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Norbert Fabre, MRSA
Fort Lauderdale, FL
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Brian England
Gilbert, AZ
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Anna "Banana" Kruchten
Phoenix, AZ
1,167,909
Are there stats like that? I've never looked for those. That's why I asked
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Will Hamm
Aurora, CO
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Brian England
Gilbert, AZ
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John Pusa
Glendale, CA
4,065,795
Hello Will Hamm around 2 to 3 months.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Will Hamm
Aurora, CO
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Brian England
Gilbert, AZ
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Doug Dawes
Georgetown, MA
1,496,292
I would say 2-3 months is what it has been my observation and experience with buyers.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Will Hamm
Aurora, CO
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Brian England
Gilbert, AZ
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Doug Dawes
Georgetown, MA
675,477
I think a minimum of 3 to 6 months would be the best move time for a renter to become buyer.
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Will Hamm
Aurora, CO
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Brian England
Gilbert, AZ
1,493,105
3-6 months in my business, any later and it's too late in San Diego, CA.
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Will Hamm
Aurora, CO
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Brian England
Gilbert, AZ
1,079,119
Ideally first time buyers would start at least 6 months before but in the real world, they usually wait until 2-3 months. Former owners should start at 3 months in our current market but most do not.
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John Pusa
Glendale, CA
4,840
Some first time home buyer loans require a class and a certificate so they should start in time to enroll on and complete that.
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Will Hamm
Aurora, CO
884,650
I have no idea. I would guess 2-3 months. I've had some call when they had 9 months left. People sometimes think it is easy to get out of a lease.
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Will Hamm
Aurora, CO
5,092,887
3 months or more is necessary, but some are not familiar with a typical timeline.
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Will Hamm
Aurora, CO
747,354
I would guess that only about one third will ever purchase a house. I would also guess that those that do will average about a year and a half before beginning their search.
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Will Hamm
Aurora, CO
6,253,964
I wish I knew, seems that it always catches me by surprise when one moves from being a tenant to a buyer.
363,695
Depends on if they are in a lease or month to month. It's been as little as 60 days as long as 11 months.
3,148,566
631,704
We have a slightly different scenario. So many people would like to move and live here, and call to explore what they would need. Many end up renting for a year to get to know the area etc. That means they are exploring their options immediately and it's a year out. But a whole lot find out quickly that they can't even afford to RENT here/or even find a rental. My buyers tend to be cash buyers, often second homes and come from other areas.