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Ambassador
3,158,329
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

To understand an answer we must first fully understand the question. I echo Mr. Ken Jones and Mr. John Juarez comments.  

I will add, be careful relying on the information found on the Internet. 

Aug 08, 2021 04:07 PM
Rainmaker
1,357,642
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

Typical = 30 days.

But, I've closed them in 5 days to 60 days and some shoert sales took 6-24 months back in The Crash.

Aug 08, 2021 03:10 PM
Rainmaker
1,024,302
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

First...we must agree on what "execute" means. The definition below was taken off on the internet:

Definition of Execute

Noun

1.    To complete, and give effect or validity to, a legal document, decree, law, or judicial sentence.

2.    Fulfilling legal requirements of a contract or other instrument by signing or sealing.

 

So...you can see that, once a contract is written, it can take only a short time to "execute" the contract.

Yet, I do not think what you wrote is really what you want to ask.

If you are asking how long it take to complete a real estate transaction, that is not a question that can be precisely answered.

Some transactions, as in a cash purchase, can move to close in days.

Others, due to inspections, negotiations, financing, escrow processing and other possible delays can easily take 30 days or, in some cases, much longer.

Many contracts are written with a close of approximate 30 days in mind and work out satisfactorily.

Aug 08, 2021 03:04 PM
Rainmaker
377,993
Mayra Espinosa Realtor San Mateo Pacifica Homes
Mayra Espinosa Broker- Realtor | Call 650-996-8961 - Pacifica, CA
San Mateo County Real Estate | Buy | Sell | Invest

An executed  purchase contract in real estate is a signed agreement by both parties to buy or sell a property. The buyer typically pays the seller an earnest money deposit that they will lose if they do not follow through with their end of the bargain, but it's generally 3% of the purchase price.

 

If you are talking about the close of escrow. The timeframe to complete the transaction depends on the contingencies listed in the purchase agreement.

 

If you are paying cash to purchase a home and have no inspections, appraisal, or loan contingencies, you can close as soon as your time company title can handle the job. I have sold homes in as little as 7 days.

Aug 08, 2021 05:34 PM
Rainmaker
1,056,253
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

30 to 45 days from offer acceptance to closing

Aug 09, 2021 09:56 AM
Rainmaker
2,691,332
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Realize that with willing buyers, sellers and all the collateral help, the clause "time is of the essence" sprouts running legs. From days to weeks or an easy 60 dayer, one must always finish what they start. Is sooner better? subjective

Aug 09, 2021 05:58 AM
Rainmaker
4,568,190
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

3 days for a miracle closing to over a year when issues arise with title. After 60 days the longer it takes the more likely the buyer will walk!

Aug 09, 2021 04:32 AM
Ambassador
2,077,479
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

There is no typical.

Aug 08, 2021 06:24 PM
Ambassador
5,753,653
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Though your terminology may be off, I would assume tht you are asking about the period from ratification to close.   5-6 weeks

 

Aug 08, 2021 05:58 PM
Rainmaker
816,389
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

If you mean how long does it take to close, I'm sure it varies by state and area. Here, we can close in a week or two if someone is paying cash, 3-4 weeks if they're getting a mortgage, and sometimes as long as 45-60 days. It is all negotiable. Both parties have to come to an agreement and the supporting vendors (lender, attorney, etc.) have to be able to follow through. Having said that, the majority of our closings seem to be 30 days in this crazy market. Prior to this crazy market, 45 days was more of a standard. If I'm working with a seller, I try to let potential buyers agents know the sellers desired closing date. If I'm working with a buyer, I call the listing agent and ask what the seller's preferred closing date is. 

Aug 11, 2021 06:40 AM
Rainer
308,773
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

executed is signed and that's a matter of minutes, hours or days depending upon the market and negotiations.  If you really were trying to ask how long from binding agreement  to close 30 to 45 days and again it depends on the market.  Right now appraisals are slow in our market because we are so busy.

Aug 09, 2021 09:56 AM