Question: What is the average turn around time from
the time a seller and buyer agree on a transaction? I
understand it depends on the size and difficulty of the
deal, but on average how long before start to close?
Answer:
Once
we have an agreement (Offer to purchase signed by both
parties) we start the closing process, meaning due
diligence, removal of contingencies, securing financing,
environmental studies, etc. The length of time depends
on the financing and the due diligence period. Usually
we can get a deal commercially financed within 60 days
of a signed agreement. With seller financing, we can
usually get the deal within a month.
