Need to sell your house fast? It takes an average of 66 days to sell a house in Milwaukee. If you don’t have that kind of time, you’ve got options.
Most people who need to sell a house fast will either:
- ⚡️Sell to a cash home buyer or iBuyer: These companies can make you an offer extremely quickly — sometimes in less than 24 hours — and you can close on your sale in about two weeks or less. However, you’ll make less than market value on your home (typically only 70%).
- 💵 Sell with a top real estate agent: An experienced agent can help you sell your home quickly and get more cash in your pocket, but you’ll likely have to wait longer than you would with a cash buyer.
But these aren’t your only options. If you want to avoid lowball offers and long selling timelines, try Clever Offers for free!
Compare Instant Cash Offers from multiple vetted investors in your area, and get up to 100% of your home's value. Or, choose our 7-Day-Sold program to sell your home on the open market in just 7 days. See your instant cash offer today.
Sell my house fast to a cash home buyer in Milwaukee
🔎 Key takeaways: Selling to a cash buyer
- 🏠 Median home value: $354,316[1]
- 💵 Cash offer on a typical Milwaukee home: $225,212
- ⏰ Average time to sell with cash buyer: 7-14 days (A traditional home sale in Milwaukee takes around 66 days)
- 📈 National percentage of homes purchased with cash in the last year: 34.5%[2]
If you need to sell your house as fast as possible, selling to a vetted cash home buyer like We Buy Houses or Clever Offers can help you do it. A cash buyer can sell your home quickly, often closing within two weeks or less. These home sales are best for sellers who have distressed properties, are facing foreclosure, or need to sell as fast as possible.
When you sell with a cash buyer, you can expect to make less than 70% of your home’s value. If you’re selling your house as is in Milwaukee (without making repairs), the cash buyer will factor in the cost of repairs after the inspection, which will be taken out of your cash offer.
For the typical Milwaukee home with a home value of $354,316, the average cash offer would be around $225,212. This factors in the average repair costs of $22,809 and the reduction of 30% of the home’s estimated value.
Since the cash buyer doesn’t need to secure financing, the closing period is much faster than a traditional sale. Generally, houses on the open market take around 66 days to sell in Milwaukee (from listing to closing), but when you sell with a cash buyer, it could take just 7-14 days.
Cash home buyers are typically real estate investors who buy distressed or as-is properties that they can flip for a profit after making repairs and updates. The process generally works like this:
- #1. Request an offer: Submit basic information about your home through an online form or over the phone with the company. Within a few days, you should receive an initial estimate of your cash offer.
- #2. Complete inspection: A company representative or a third-party inspector examines your property’s condition. After the inspection, the cash buyer will adjust your offer based on estimated repair costs.
- #3. Accept the offer and close: If you accept the company’s final offer, you can quickly sign the purchase agreement and choose a closing date. If all goes well, you can expect to close and receive payment within 1 to 2 weeks.
The best cash home buyer companies in Milwaukee
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✨ Best Overall
Clever Offers
Offers MarketplaceCompare all cash offers and sell-fast options in one place.
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Fair Deal Home Buyers LLC
Cash InvestorGet cash fast for a fixer-upper or hard-to-sell property.
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Knock
Bridge LoanUnlock equity to buy your next house before you sell.
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Xome
Online AuctionGet more bids for fixer-uppers if you can wait longer to sell.
» MORE: Compare all cash home buyer companies in Milwaukee.
Pros and cons of selling with a cash home buyer in Milwaukee
Pros
- You can sell fast and close quickly, sometimes within a week.
- Cash buyers are more likely to buy your home as is (no repairs required).
- It's a good option if you’re facing foreclosure or another difficult circumstance.
- You generally won’t have to worry about managing open houses or showings.
Cons
- You’ll likely sell for less than you’d make on the open market.
- Some real estate investors use high-pressure negotiating tactics.
- iBuyers may require expensive repairs before closing on a sale.
- Not all cash home buyers are trustworthy and ethical companies.
If you decide to sell with a cash home buyer, we recommend getting multiple cash offers and vetting the companies thoroughly before accepting. The best cash buyer companies offer initial offers in less than 48 hours, allow flexible closing dates, and vet their investors.
You should also consult a couple of real estate agents to see what your house could sell for as is (without making any repairs).
💡 Another option: Sell to an iBuyer
If you have a home in fairly good condition, an iBuyer can help you sell your home in under two weeks and generally pay closer to market value than a cash buyer. Examples of top iBuyers include Opendoor, Offerpad, Knock, and Homeward.
iBuyers specialize in buying residential homes in big cities that aren’t in distressed conditions and are comparable to other houses that are selling on the market. The best iBuyers offer flexible closing timelines, advances for repairs or moving expenses, and have consistent positive reviews.
An offer from an iBuyer is typically higher than one from a cash home buyer, but they may ask for repairs. Additionally, most iBuyers charge a 5-10% service fee, depending on how long they think the property will take to resell.
Sell my house fast with a real estate agent in Milwaukee
🔎 Key takeaways: Selling with a realtor
- 🎉 Market condition: Strong seller’s market
- 🏠 Average listing price: $375,000 (up 0.01% compared to last month)[3]
- 💵 Average sale price: $284,050 (24.3% less than listing price)[4]
- 🛠 Average repair costs: $22,809
- 🗓 Average time to sell: 66 days[3]
If you want to sell your home quickly and receive fair market value, your best bet is working with a top real estate agent in Milwaukee.
In the past 12 months, the average home sale price for a Milwaukee home has been $284,050. This is 24.3% less than the average listing price of $375,000.
On average, homes have been on the market for 31 days before the seller accepts an offer. If you want to sell your house fast, it helps to know the best time to sell a house in Milwaukee.
- 🟢 In August, listings have been on the market for the least amount of time, averaging just 29 days, making this month the best time to sell a house fast in Milwaukee.
- 🔴 In January, houses were on the market for the most amount of time, averaging 51 days, making this month the worst time to sell a house fast in Milwaukee.
Typically, it takes about 35 days to close once you’ve accepted an offer. This period can fluctuate depending on whether the buyer is paying with cash or using financing.
No matter when you sell your home, an experienced real estate agent can help you navigate the Milwaukee housing market and make the most out of your situation. The only downside is that it might take more time than selling with a cash buyer.
⭐ In Milwaukee, home sellers who list with Clever get their first qualified offer in an average of 24.1 days — that’s 7 days faster than the average time to receive an offer in Milwaukee. Match with top-rated agents who offer a discounted 1.5% listing fee. |
Pros and cons of selling with a realtor in Milwaukee
Pros
- You'll likely receive more money for your home than you would with a cash buyer.
- If it’s a hot market, you still can sell your home fairly quickly.
- Your agent will represent you in negotiations.
- You’ll get a free home evaluation so you’ll know how much your house is worth.
Cons
- Your home could take longer to sell on the open market.
- You’ll pay Milwaukee realtor commissions and seller closing costs.
- You may need to pay for repairs or cleaning to get your home market-ready.
To save money on real estate commission in Milwaukee (which average at 5.78%), consider working with a low commission realtor or discount real estate broker in Milwaukee. These realtors offer full-service and limited-service packages for lower commission rates, letting you keep more money in your pocket, and you can sell your house as is.
Expert tips to sell my house fast in Milwaukee
One benefit of using an agent is their knowledge of the Milwaukee market, which is very valuable when seeking a quick home sale. Along with your own agent's advice, here are some other tips for selling your home quickly in Milwaukee from Jess Lex of Jess Lex Homes-Keller Williams in Madison, Wisconsin.
- Discount the price to generate interest, but don't go too low: If you need to sell fast, Lex recommends pricing your home just below market value to entice more buyers. However, discounting the price too much might backfire. "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."
- Use a professional staging service: Lex says that sellers should "at bare minimum be prepared to work with a stager and professional photographer if their timeline allows." Staging doesn't need to cost a fortune, either. "The reality is that 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."
- Ask for cash offers: 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.
Frequently asked questions about how to sell my house fast in Milwaukee
One of the fastest ways to sell a house in Milwaukee is selling to a cash home buyer. These companies pay for houses in cash, don’t require repairs, and can typically close within 7-14 days. Keep in mind that you’ll likely make less money for your sale (typically only 70% of its value).
It takes about 66 days to sell a house in Milwaukee, from listing to closing.
Factors that influence selling speed include method of sale (traditional sale, cash buyer, for sale by owner, etc.), seasonality, and local market conditions.
According to Zillow, Milwaukee is experiencing a strong seller’s market. In this market, sellers have the advantage since high demand and limited inventory usually drive quick sales and multiple offers. If your home is reasonably priced and in decent condition, you can expect a faster-than-average sale in Milwaukee.
In Milwaukee, you can sell your house directly to a cash home buyer company (without using a realtor) and close within 7-14 days.
If you want to sell your house on the open market, selling without a realtor in Milwaukee might not be the fastest option. You'll need to handle all marketing, showings, and negotiations yourself while learning complex real estate processes. Unless you use a service to list your house on the MLS, your listing receives significantly less exposure, resulting in fewer potential buyers and extended time on the market.
When you sell your house to a cash home buyer, you typically pay fewer closing costs compared to a traditional sale. Most legitimate cash buyers cover many of the standard closing costs to make their service more appealing.
However, you may still be responsible for some expenses:
- Milwaukee property taxes up to the closing date
- Any outstanding HOA fees or liens
- Milwaukee transfer fees in some cases
- Your own attorney fees if you choose to have representation
- Service fees (iBuyers typically charge these at closing)
Why trust us
Data sources
For this article, our Research Team used real estate data from Zillow, Realtor.com, and Redfin to create this guide about how to sell a house fast in Milwaukee. As these sources update, we refresh our pages to ensure the information is timely and accurate.
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