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Emilio DiSpirito, Realtor with the DiSpirito Team of HomeSmart Professionals
Should I sell my house now, or wait to list until
spring? Figuring out the right time to sell can help you maximize the sale
price of your home and take some stress out of the process. However, what many
realtors fail to tell you, is the reality of a home sellers transaction process
and the steps that it takes to get you to the finish line. Let’s answer some of
your frequently asked questions so you have a better understanding of the
timeline of your upcoming transaction.
What are the most simple phases of a
Seems simple enough right? Wrong. There are several
steps before, in-between, after and dozens of professionals involved in just a
single transaction. This won’t happen overnight. Approximately, there are 185
steps that comes with selling your home and approximately 52 parties involved that
a real estate agent takes on for you.
How long will it take to receive an offer
on my home?
According to MLS when looking at single family homes, In
Rhode Island, the average days on market (DOM) upon getting an offer is roughly
53 days. No, your home isn’t closed yet! This is just the beginning of the
process to close.
What happens next?
IF everything goes as planned you have 45-60 days out
in addition to those 53 days for the buyer to get their financing and other
items fully approved. Let’s do the math… You’re looking at about 3.3 months.
Now, you’re probably freaking out saying “THAT’S A LONG TIME”. Let’s find out
why! Here is what needs to be done after an accepted offer:
Now imagine if you go through half of those steps,
just to find out you have more repairs than you thought, or the buyers decide
to back out? What happens next? You put it back on the market… and start all
How can I make sure I have a successful
Anything can happen when you put your home on the
market with the wrong advice. But, listening and taking professional advice
from a local, reputable, trusted realtor can increase the sale price of your
home in addition to a faster timeframe with fewer days on market.
Invest in your transaction
So Why List in the Winter?
Want to sell your home by spring? You need to
list and allow yourself the time. If you plan on listing in FEBRUARY – expect
to be closing around the START-MID May! Now is the time to get ahead of the
listing chaos. Selling a home can be very stressful, especially as it requires
so much work on the front end. So, use
these quiet months to your advantage so that you’re not rushing to complete
your pre-listing checklist in the middle of peak real estate season.
Emilio DiSpirito –
If you would have asked me what I wanted to be growing up, little Emilio
would have told you “an archeologist” or “an architect”
despite the fact that at age 8 I had my first lemonade stand, landscaping
business and was recording my first “news show” on my boombox!
Well, I never was much good at trigonometry and did could not see myself
traveling for months and possibly years at a time, so becoming an architect or
archaeologist clearly did not happen!
Fast forward 26 years later and I’m running a team of the finest
residential real estate professionals, own a media company and host my very own
radio news show about real estate!
In September of 2017, I married my best friend, Jaclynn, and we have two
wonderful children, Destinee and Emilio, V. We have 3 dogs, one of which
is a rescue and live in lovely Rhode Island. Jaclynn owns a high-end hair salon
in addition to an on-location hair and makeup business!
For 7 years straight it seemed that I had put in more hours than the day
had to give on my real estate business. 7 days a week, 14 to 16 hour days,
without a break! Why? My friends and family did not understand the sheer
magnitude of moving parts and services we offer to our clients during a
transaction! One slip up or one missed call could mean make or break for
someone’s dream home or even a lost deposit!
Running a team of like-minded, highly qualified and capable professionals
has allowed me to offer a very streamlined, simplified and efficient approach
to the sales process for our clients and allowed me to earn personal time again
with my family while not missing a beat for my clients!
When I’m not working, I’m with my family, riding my mountain bike, eating
at a number of local restaurants, enjoying live entertainment, hiking, skiing