Selling a vacant home in Milwaukee can be a boon and a challenge. It’s easier to show the house since no one’s living in it. But an empty property can raise concerns about upkeep and safety. Studies show that vacant homes often sell for over $11,000 less and may take longer to close.
If you’ve recently moved for work, inherited a home, or bought another place and need to sell your old one, you’re not alone. Many Milwaukee homeowners are in the same situation. Let’s walk through some helpful tips to sell your vacant home fast and for a fair price.
Pros and Cons of Selling a Vacant Home
Pros:
- Faster Closings: With no one living there, buyers can move in right away.
- Easier Showings: There is no need to schedule around current residents.
- Blank Canvas: Buyers can easily imagine their furniture and style in an empty space.
Cons:
- Security Issues: Vacant homes are more susceptible to vandalism or break-ins.
- Looks Uncared for: Without furniture or activity, a home can appear neglected.
- Ongoing Costs: You are responsible for paying for utilities, property taxes, and maintenance.
Key Steps to Sell Your Vacant Home Fast
1. Know the Local Market
Start by researching homes in your area that are similar to yours, especially those that are also vacant. This information helps you price your home competitively. Overpricing can scare off buyers, while underpricing means leaving money on the table. A local real estate expert or cash home buyer can give you insight into the right price range.
2. Secure the Property
Protect your home while it’s on the market by installing cameras or a simple security system. Use timers for lights to make the home look occupied, and have someone check in regularly to catch any issues early. Remember that a safe, well-maintained home sends the message that it’s move-in ready.
3. Stay on Top of Maintenance
Keep the outside of the home looking clean and well-maintained by mowing the lawn, clearing snow, and tidying up the landscaping. You also need to repair any visible damage, such as peeling paint or broken lights. Inside the home, you should check for leaks, electrical problems, or unpleasant odors. Buyers are more confident making offers on homes that are clearly looked after.
4. Boost Curb Appeal
Your home’s first impression matters. Some ways to make it positive are to paint the front door or shutters and place potted plants by the entrance. Also, clean walkways, windows, and siding. Even a few minor changes can make your home more inviting.
5. Stage the Home or Use Virtual Staging
An empty home might feel cold. Consider lightly staging a few key areas, such as the living room or bedroom. If that’s not possible, virtual staging (adding furniture digitally to photos) can still help buyers visualize the space.
6. Market Smart
Get your home in front of as many buyers as possible by using professional photos. You can also offer a virtual tour for out-of-town buyers. Ensure that you list your home on major real estate websites and social media platforms. Remember that a strong marketing plan brings in more interest and faster offers.
Consider Selling to a Cash Buyer
Do you want to avoid dealing with staging, repairs, or months on the market? Cash home buyers in Milwaukee, like Sell House Fast MKE, can help. We buy houses in any condition, which means you can skip the stress and close in days, not weeks.
If you’re thinking, “I need to sell my house fast,” we’re ready to help. You’ll get a fair cash offer with no commissions or hidden fees. We understand your situation. We buy houses in Milwaukee and help homeowners sell quickly. Contact us today to get your no-obligation cash offer and avoid the hassle of a traditional home sale.