According to recent findings, Milwaukee is one of the best spots in the U.S. for home sellers, in large part because people from around the country are moving to this up-and-coming state.
But selling a house is no easy task, especially if you’ve never gone through the process before. Every part of the process requires care and patience, and planning in advance is paramount.
Here’s what you need to know if your goal is to sell a house fast in Milwaukee.
How Long Does It Take To Sell A House In Milwaukee?
A typical Wisconsin house takes about 95 days to sell. In most cases, a house will sit on the market for about 60 days. If an interested buyer makes an offer, and the seller accepts, the closing process usually takes 35 days.
Fortunately, the home-selling process in Milwaukee is quicker than those of other cities; the national average is 105 days.
How Much Does It Cost To Sell A House In Milwaukee?
When you sell a residential property in Wisconsin, you’ll pay about 12.3% of the sale price in closing costs. Therefore, if you sell a home worth $301,659, which is the average home price in the area, you’ll pay just above or under $37,113.
Agent commissions, title transfer fees, staging costs—these are just some of the expenses that can be expected.
Best Time To Sell A House In Milwaukee
Without a doubt, June is the best month for home sellers in Milwaukee. Studies have found that sellers who list in June, on average, achieve a successful closing in just 52 days. If you begin the process in another month, it could take upwards of 71 days to finalize a deal.
How To Sell A House In Milwaukee
1. Boost The Curb Appeal
First impressions matter! In fact, 98% of real estate agents say boosting curb appeal is likely to yield a faster sale. Consider mowing the lawn, removing clutter, and handling any pest issues to make your home more inviting.
2. Price Your Home Right
In November of 2024, 25.7% of Milwaukee sellers had to lower their asking price. In short, overpricing can significantly delay the process, so research local market trends to get a better idea of what a fair price is.
3. Choose The Best Selling Method
Determine which method is right for you after taking your experience and desired level of involvement into account:
- Discount Real Estate Brokers: You get expert help but the commissions aren’t as high.
- Cash Home Buyers In Milwaukee: Avoid heavy expenses and sell fast.
- Flat-Fee MLS Services: Get listed on the MLS for a one-time fee.
- Full-Service Realtors: The traditional approach.
4. Market Your Property Effectively
Obviously, your home should be listed on the MLS. But if that isn’t enough, other marketing strategies can be pursued to achieve a quick sale:
- Write a compelling property description and highlight key features.
- Place a yard sign to attract local buyers.
- Host open houses so interested buyers can see the inside and outside of your home.
5. Manage Showings And Offers
Once your home has been listed, you need to be ready for showings. Of course, don’t rush to accept the first offer. Instead, consider factors like:
Cash vs. Mortgage Offers: Cash buyers often close faster, and there aren’t as many complications.
Pre-approved Buyers: Those with mortgage approval are less likely to back out at the last minute.
Contingency Waivers: Some buyers may waive contingencies, like home appraisals or inspections, to speed up the process.
6. Close The Deal
Once you’ve accepted an offer, the closing process begins. A real estate attorney or Milwaukee title company will handle the legal paperwork. Be prepared for closing costs, including agent commissions, taxes, and other fees.
Is Now A Good Time To Sell In Milwaukee?
Yes! The housing market in Milwaukee is quite competitive, as there’s lots of demand and limited supply. This is a desirable market situation for sellers, mainly because buyers are more inclined to pay high prices for the homes they want.
Sell Your Milwaukee Home Quickly With Metro Milwaukee Home Buyer
Want to sell fast without having to deal with staging, renovations, or real estate agent commissions? Metro Milwaukee Home Buyer is here to help. We have over 20 years of experience, and we buy houses in Milwaukee in any condition. No commissions! No closing costs! Get in touch with us today to learn more!