There are a number of reasons you might need to sell your house fast in Miami: a new job across the country, a big life change, an expanding family, or an unexpected inheritance. Whatever the case, you have three options:
- Sell your home with an agent who knows you need to sell fast.
- Sell to an iBuyer if you have a home in good condition.
- Sell to a We Buy Houses company if your home requires repairs.
Each way to sell your house fast in Miami is better for certain people. If getting the highest sale price is your top priority, you should sell through an agent. If the quickest possible sale is your highest priority, you should sell to a We Buy Houses company.
To get cash offers right now, sign up for Clever Offers. A local agent will gather and compare offers for you from leading 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.
» Compare Cash Offers: Get a list of nearby cash buyers ready to make an offer on your home
What to expect when selling a home in Miami
In Florida, homes usually sell the fastest during October and slowest during January.
To set expectations for your selling timeline in Florida, look at two factors:
- Median days on market: Number of days before a seller accepts 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 Florida
» LEARN MORE: Average Time to Sell a House in Florida
How to sell my house fast in Miami
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: 58 days
- Fees you’ll pay:
- Average listing commission: 2.82%
- Average buyer agent commission: 2.55%
- Average closing costs: 3.22%
Selling with an agent will get you the most money on your sale. An experienced agent is an expert at drumming up interest in your home, timing the market, and negotiating the highest possible price. It may take a little longer than selling to a We Buy Houses for Cash company, but you’ll have the benefit of expert guidance.
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
According to experienced Miami real estate agent Osmel Liriano of Coldwell Banker Realty, there are a number of ways to speed up a sale.
- Price your home aggressively. "In a picture-perfect world, if there are strong comps, lots of similar properties, I’d think about listing it at the price it previously sold for," says Liriano. In a constantly escalating market, pricing a home for its previous sale price could be irresistible to price-conscious buyers.
- Search for cash offers. Well-connected agents know local investors who will snap up properties before they even hit the open market. "I can literally just send them a quick text with the property information," says Liriano. If they’re interested, the sale could close in days.
- Offer seller concessions. Popular seller concessions include a home warranty (to guard against future problems), financing contingencies (to protect the buyer if their mortgage falls through), or a simple price reduction.
- Make a list of how the buyer could use price cuts. "A lot of buyers don’t understand how that money can be used," Liriano says. "And inexperienced or substandard agents may not go out of their way to educate them. I like to make a detailed list of all the ways the buyer can use that $5,000 or $10,000 price reduction — everything from repairs to buying down mortgage points."
💸 Negotiating a cash offer on a home
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.
Cash buyers can be a good option if you need to unload an unwanted, distressed property fast. However, if you want to sell quickly without sacrificing a ton of equity, Clever is one of your best alternatives.
Clever sellers typically get offers 2.8 times faster than the national average AND save an average of $7,000 in realtor fees.
Better option: Sell to an iBuyer
⚡ Quick facts: Selling to an iBuyer
- Percentage of market value you’ll earn: 90–95%
- Average time to sell: 8–60 days (customer preference)
- Fees you’ll need to pay:
- Service fee: 5%
- Average closing costs: 3.22%
An iBuyer is a company that leverages technology to assess and make an offer on your home. It often pays in all cash, which is why it can close so quickly.
For the most part, iBuyers purchase homes in good condition, so if you have major problems with your home, you likely won't qualify.
Typical iBuyer purchase criteria:
- 🏠 Built after 1930
- 💰 Valued at $100,000–600,000
- 🌲 Located on 1.5 acres or less
- 👤 Owner-occupied
iBuyers are still a relatively new way to sell a house — only 27% of homeowners fully understand what they are. Before you consider using one, research how iBuyers work and familiarize yourself with the top iBuyers across the U.S.
Selling to an iBuyer is best for…
- People with homes in good condition that meet iBuyer criteria
- People who are willing to sacrifice about 10% of the sale price for a guaranteed fast sale
- People who don't want to show their homes or conduct open houses
Sell to Opendoor in Florida
| Avg. rating | 4.2/5 across 3,419 reviews |
| Service fees | 5% |
| Closing date window | As little as 14 days |
Count on paying a 5% service fee, around 1–3% in closing costs, and 1–2% in deductions for repairs requested by Opendoor. In our review of Opendoor, we noticed that some customers were unhappy with what they perceived as high repair costs, while others appreciated the service for its fast and efficient transactions.
Sell to Offerpad in Florida
| Avg. rating | 4/5 across 2,656 reviews |
| Service fees | 5% |
| Closing date window | As little as 8 days |
In addition to Offerpad's 5% service fee, count on paying 1–3% in closing costs. When researching customer sentiment for our Offerpad review, we saw many customers who appreciated the company for its excellent communication and customer service. However, some customers were disappointed with reductions in their offer price after the home inspection.
Offerpad charges a 1% cancellation fee if you back out of the deal beyond four days after the inspection.
Good option: Sell to a We Buy Houses company in Miami
⚡ 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
We Buy Houses for Cash companies are small, independently-owned cash buyers — often franchisees — who’ll buy homes in nearly any condition.
This is usually the fastest way to sell your home, but that speed comes at a steep price. We Buy Houses companies typically pay up to 70% of your home’s fair market value, so you’ll be leaving a lot of money on the table compared to a conventional sale.
However, these companies have very few restrictions on what kind of homes they’ll buy. You can still get a fast cash offer from your local We Buy Houses company, even if you have a home in need of repairs.
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 Miami
Miami has several cash buyer companies. Start your search by looking at our top 6 We Buy Houses for Cash companies in Florida. Look at customer reviews when choosing any cash buyer company.
The biggest difference between companies — beyond their reputation — is how quickly they can close. Some cash for homes companies in Miami will need several weeks, while others close in a matter of days.
Many people wonder if We Buy Houses companies are a ripoff. The majority of cash buyer companies are legit, but some companies may try to take advantage of sellers. Don't sign anything before seeing the offer price in writing, and walk away if you feel uncomfortable with the process.
Use Clever's free, no-obligation service to compare cash offers from top local companies with the help of a local real estate agent. You'll get a professional home valuation so you know what your home is worth, and an agent can negotiate on your behalf to make sure you get the best deal.
Why trust us
Author Jon Stubbs 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
How can I sell my home fast in Miami?
If you need to sell your home fast in Miami, you can sell with an agent or sell directly to a We Buy Houses for Cash company. An experienced agent can use an aggressive pricing strategy to significantly speed up your sale. And We Buy Houses companies pay in cash, so a sale to one of these buyers can potentially wrap up in days. Learn more about your options for selling quickly in Miami.
How fast are homes selling in Miami?
Currently, the average time to sell in Florida is 94 days, compared to the national average of 86 days. Learn more about how to sell your home fast in Miami.
