New Broker Understanding the Real Estate Sales Cycle

What could you expect as a new broker? So, there you go. That's two good questions. Two good questions. Let's talk about the sales cycle and then we can talk about it as a new broker. It's It's good question to have and we get that question all the time. So, the sales cycle, the actual cycle, that means from contract to to closing is anywhere between 60 to 90 days, approximately. And remember, there's usually financing that's gotten on the property and that always takes time. So, that's the try. However, that's from when you sign the contract. Keep in mind from when we first get a listing, when we first have the first contact with a with some individual says, "Hey, Joseph, I would sell my building." Till we actually get it to contract, can take months. Can take years, sometimes. Mhm. Until [clears throat] Remember, like someone comes and says, "Hey, I want $10 million for the property." And the property is only worth five. Till I get him to where he needs to be and actually to effectuate a transaction, can take years. So, we we've had listings that sit on my desk for a couple years before we actually transact on it.