If you need to sell your home quickly in West Allis, you have a two promising options:
- Sell your home with an agent who understands your fast timeline.
- Sell to a We Buy Houses company if your home needs some work.
You may need to move quickly due to a change in your circumstances, such as a new job or an inheritance that you cannot afford to maintain. Regardless of your reason for wanting to sell fast, carefully consider your options and understand what to expect during the process.
To get cash offers right now, sign up for Clever Offers. A local agent will gather and compare offers for you from leading iBuyers and We Buy Houses companies. Your agent will help you negotiate to get the best price and provide you with a free home valuation so you know what your home is worth on the open market.
What to expect when selling a home in West Allis
In Wisconsin, the fastest month to sell is typically May and the slowest is January.
To compare the market in West Allis to the rest of the country, pay attention to how it stacks up against the national average in two key areas:
- Median days on market: Number of days it takes to get an offer
- Average time to sell: Number of days on market until offer, plus the average number of days to close
Average time to sell a house in Wisconsin
National | Wisconsin | |
|---|---|---|
Median days on market | 67 days | 75 days |
Average time to sell | 83 days | 83 days |
Based on Realtor.com data (February 2023) | ||
In Wisconsin, the current average time to sell is 0.0% faster than than the national average.
» LEARN MORE: Average Time to Sell a House in Wisconsin
How to sell my house fast in West Allis
Best option: Sell your house quickly with an agent
⚡ Quick facts: Selling with an agent
- Percentage of market value you’ll earn: 90–95%
- Average time to sell: 75 days
- Fees you’ll pay:
- Average listing commission: 3.12%
- Average buyer agent commission: 2.55%
- Average closing costs: 3.06%
Hiring a real estate agent is often the best way to maximize the sale price of your home, even if you're in a hurry. Your agent can provide valuable guidance and advice — such as lowering the price below market value — that'll help you sell fast.
There are some costs to consider, such as your agent's commission, the buyer's agent commission, and closing costs, which can reduce your profit. But even with these, you'll still likely earn more than selling with a We Buy Houses company. Learn more about the costs involved in selling a house in Wisconsin.
Keep in mind that selling with an agent may take longer than working with a We Buy Houses company. That's because you'll likely need to wait for the buyer to get their mortgage approved.
Selling with an agent is best for…
- People with homes in good condition
- People with at least 30 days to sell
- People who want to sell fast while making the most money
Tips to sell fast with an agent
Local agents can lend you their insight and experience into the local market to help you cut down the time it takes to sell your home. That's why we asked Jess Lex of Jess Lex Homes-Keller Williams in Madison, WI for tips to sell your home quickly.
Price your home to give an impression of a good deal, but don't price it too low. Lex recommends pricing a home just below market value to entice more buyers. "Pricing significantly below market value can just be confusing for buyers and cause sellers to get too many offers so that sorting through them is difficult," says Lex. "Getting the home priced correctly right at market value will still allow for a quick sale and strong offers."
Hire a professional stager to give your home an update. Lex says sellers should "at bare minimum be prepared to work with a stager and professional photographer, if their timeline allows."
"Stagers can come in and help sellers figure out what to do with their existing things," says Lex. "This consultation could include advice on decluttering, refreshing paint colors, rearranging furniture, and suggestions for accessories."
You might also be able to borrow some items from your stager. "If the seller isn't willing to buy their own accessories to spruce up their home to sell, often the stager can bring in some accessories that will really give the home personality," says Lex. "This is a very cost-effective way to help your home stand out at the time of sale."
💸 How cash offers work
Cash offers are the fastest path to closing because the buyer doesn't need to get a loan. The financial institution doesn't have to spend time checking the buyer's financials (known as the underwriting process). There's also less risk of the buyer's financial situation changing in a way that puts the sale at risk.
When listing with an agent, you can state your preference for cash offers. Keep in mind, though, that this might limit the number of offers.
Option 2: Sell to a We Buy Houses company
⚡ Quick facts: Selling to a We Buy Houses company
- Percentage of market value you’ll earn: 50–70%
- Average time to sell: 3–21 days
- Fees you’ll pay: None
If you're looking for the quickest way to sell your home in West Allis, consider working with a We Buy Houses company, also known as a cash buyer company. These companies are owned by investors who pay cash for your home, allowing you to close in as little as a week. One of the benefits of these companies is that you don't need to wait for financing to be approved, as you might with an individual buyer who needs a mortgage.
Keep in mind, there is a trade-off for this speed. We Buy Houses companies typically only offer around 70% of a home's market value, as they need to factor in the cost of any renovations they plan to make. To get the best deal, get offers from multiple companies and compare them before making a decision.
After you contact a We Buy Houses company, a representative will tour the property. Once the walkthrough is complete, you'll receive a cash offer.
We Buy Houses companies are best for…
- People who want to sell their homes in as-is condition
- Sellers with no iBuyer option in the region
- People with inherited homes (for more info, see our Stress-Free Guide to Selling an Inherited House)
How to choose a We Buy Houses for Cash company in West Allis
There are many cash buyer companies in West Allis to choose from. Start your search by reviewing our top 6 We Buy Houses for Cash companies in Milwaukee.
During your research, compare two things: reviews from past clients and how quickly the company can close on your home. Some companies can close in a week; others take up to a month.
Some sellers, after seeing what they might think is a lowball offer, wonder if We Buy Houses companies are a ripoff. Despite the lower offers, most cash buyer companies are legit investors. If the price is too low, you can always decline the offer. To protect yourself, refuse to sign anything before seeing a firm offer, and walk away if anything makes you uncomfortable.
Why trust us
The author has spent hundreds of hours researching ways to sell homes quickly. This research includes interviewing real estate agents and representatives from iBuyers and cash buyer companies. The author has written dozens of articles on selling homes with a listing agent as well as non-traditional selling methods.
FAQs
The fastest way to sell your home in West Allis is using a We Buy Houses Company. These companies can close on your home in a week or two, but they only pay about 70% of the home's value. You can also sell using an agent who understands your timeline. Learn more about selling your house fast in West Allis.
Currently, the average time to sell in Wisconsin is 83 days, compared to the national average of 83 days. Learn more about selling a home in Wisconsin.