3 Proven Strategies to Sell My House Fast in Phoenix

Jon Stubbs

By 

Jon Stubbs

February 2nd, 2023
Updated February 2nd, 2023

SHARE

If you have a home you need to sell quickly in Phoenix, you have a few options:

Each option comes with its own drawbacks, the biggest of which is the lower price you'll have to accept to prioritize speed. That being said, sometimes speed is the most important. You may need to leave the area due a new job or other life change. Or you may have inherited a house you can't afford to take care of.

Whatever the reason you need to sell fast, we've outlined your best options to sell quickly in Phoenix. Keep reading to learn which method is best for your situation.

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.

Start comparing offers now!

What to expect when selling a home in Phoenix

In Arizona, homes usually sell the fastest during May and slowest during October.

To set expectations for your selling timeline in Arizona, 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 Arizona


National
Arizona
Median days on market
51 days
52 days
Average time to sell
79 days
70 days
Based on Realtor.com data (October 2022)

In Arizona, the current average time to sell is 11.4% faster than than the national average.

» LEARN MORE: Average Time to Sell a House in Arizona

How to sell my house fast in Phoenix

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: 52 days
  • Fees you’ll pay:
    • Average listing commission: 2.00%
    • Average buyer agent commission: 2.50%
    • Average closing costs: 3.00%

Listing with an agent gives you the best chance to make the most money from your home sale, even if you need to cut the price to sell quickly. If your goal is to sell your home faster than the average 70 days in Arizona, you should price your home about 5% below market value.

One downside to selling your home with an agent is that you may not sell as quickly as you would selling to an iBuyer or a We Buy Houses company. Those companies pay cash, but when you're selling to an individual, the buyer financing process can add several days to your timeline.

Some expenses that will further reduce your bottom line are your agent's commission, the buyer's agent's commission, and closing costs.

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

The advantage of using an agent is their knowledge of the local market, which is very important to consider when you want to sell fast. Along with your own agent's advice, consider these tips to sell your home quickly from Lisa Dixon, a Top 1% Diamond Club Realtor at HomeSmart in Phoenix.

Price your home to sell, but keep your own finances in mind. When settling on a listing price, Dixon says to keep the price on the low end of the range, but make sure you're not shorting yourself. "A seller will first need to determine what dollar amount they need to cover the basics—payoff on their home, taxes, title and escrow fees, HOA fees, and commission," says Dixon.

Get the home ready for showings. "First impressions are everything," says Dixon. "Talk to an experienced real estate agent to get tips on curb appeal and decluttering and staging." You should also fix all items that may potentially show up on a home inspection.

Extend financial incentives to prospective buyers. "Sellers should consider offering concessions to the buyer to help with closing costs or buy down the interest rate," says Dixon.

Review the buyer's financials. Dixon says, "All buyers should be vetted prior to accepting an offer. The agent should be in contact with the lender and request loan status updates. This will allow the seller to confirm the loan is moving forward."

Keep an eye on the details as closing approaches to avoid time-consuming snags. "The seller should complete all paperwork in a timely manner, and the agent should work closely with escrow and title to make sure they have all required documents," says Dixon. "To avoid a last minute cancellation on the buyer's side, the seller should review the offer carefully and negotiate terms that won't allow a last minute cancellation."

💸 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.

💰 Clever can help you sell fast and net more money!

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 pay:
    • Service fee: 5%
    • Average closing costs: 3.00%

iBuyers leverage technology to assess your home and produce an all-cash offer. In general, iBuyers only buy homes in good condition, meaning that if you have major problems like a leaky roof or cracked foundation, you won't be able to use them.

Typical iBuyer purchase criteria include:

  • 🏠 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, 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 Phoenix

Avg. rating
4.3/5 across 3,322 reviews
Service fees
5%
Closing date window
As little as 14 days

Expect to pay about 1–3% in closing costs and another 1–2% in deductions for repairs requested by Opendoor. These costs are in addition to the 5% service fee. In our review of Opendoor, we found that some customers were turned off by these inflated repair costs, but others praised the service for its fast, seamless transactions.

Sell to Offerpad in Phoenix

Avg. rating
3.9/5 across 524 reviews
Service fees
5%
Closing date window
As little as 8 days

In addition to Offerpad's service fee, count on paying about 1–3% in closing costs. During research for our Offerpad review, we noted that many customers praised the company for its responsive customer service. Some customers were dismayed with the reduction in offer price after the home inspection, however.

Be aware that Offerpad charges a 1% cancellation fee if you cancel beyond four days after the home inspection.

Good option: Sell to a We Buy Houses for Cash 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

The fastest way to sell your home in Phoenix is to sell to a We Buy Houses company. These companies can close on your home in just weeks because they're funded by investors that pay all cash. You won't need to wait for buyer financing to come through like you would when selling to someone with a mortgage.

But all of this speed comes at a cost. We Buy Houses companies usually only pay up to 70% of a home's market value, since they factor in the cost of repairs into the offer price.

Most We Buy Houses Companies in Phoenix have the same process. After contacting the company, someone will come to the house to do a walkthrough. Soon after the walkthrough, they'll give you their cash offer.

There's no obligation to accept the offer, so get several offers from different companies to see your options.

We Buy Houses companies are best for…

How to choose a We Buy Houses for Cash company in Phoenix

Phoenix has many cash buyer companies — you can begin your search by taking a look at our top We Buy Houses for Cash companies in Phoenix.

When deciding on a company, compare reviews from past clients and ask how quickly the company can close on your home. Some cash-for-homes companies in Phoenix take only a week, but others may need a month or more.

Many people wonder if We Buy Houses companies are a ripoff. Most cash buyer companies are legitimate investors who want to make money buying, renovating, and selling your home. If a cash buyer's price seems like a lowball offer, you can always turn it down. Never sign anything before looking at a final offer price, and walk away if you think it's the wrong decision.

Get fair cash offers today with Clever Offers!

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

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

You can sell your home in one to four weeks using a We Buy Houses company as long as you're prepared to give up about 30% of the market value of the home. The fastest companies can close in a week, while others might take up to a month. Find out more about selling to a We Buy Houses company in Phoenix.

If you want to sell in a week or two, a We Buy Houses for Cash company can help — but they'll only pay 70% of your home's value. If you have a few months to sell your Phoenix home, you can partner with a listing agent to make more money. Learn more about how to sell your home quickly in Phoenix.

Related links

Better real estate agents at a better rate

Enter your zip code to see if Clever has a partner agent in your area.

If you don't love your Clever partner agent, you can request to meet with another, or shake hands and go a different direction. We offer this because we're confident you're going to love working with a Clever Partner Agent.