How to Sell Your Home Fast in Las Vegas

Sell Your Home Fast in Las Vegas

Sell My House Fast Las Vegas

In a situation where you need to sell quickly? You may be thinking to yourself, “I need to sell my house fast!” Well, you have come to the right place. In this article, we’re going to cover 5 ways (with one bonus!) you can sell your home fast in Las Vegas.

Want to know what your home is worth? Find Out Now: What’s My Las Vegas Property Worth

Sell Your Home Fast in Las Vegas

1. Sell Your House to a “We Buy Houses” Company

Do a quick Google search of “Sell House Fast Las Vegas” and tons of companies will appear who promise to buy your house quickly, in any condition, and even for all cash. These are typically investors looking to buy your home cheap then turn around and flip it, selling at a higher cost.

If you’re desperate and need to sell fast, this may be the route for you. However, if you’re looking for a higher selling price then you may want to consider another method.

For more information on selling a house quickly in Las Vegas without taking a price cut, read our article: How to Sell Your House in Las Vegas 

2. Get an Instant Offer from an Online Real Estate Company

Like the first way to sell your home quickly in Vegas, this method involves filling out a form on one of the many big-name online real estate company websites.  Often called iBuyers, they usually promise to give you an offer fast and close on your terms. 

Again, this way of selling fast usually involves selling directly to that company, possibly at a lower price point since they are eliminating some of the standard fees to selling your home. Their business model is to buy low and sell higher on their platform, profiting from the difference.  However, if time is of the essence, iBuyers are another quick option.

3. Go For Sale-By-Owner (FSBO)

FSBO can be another option for those with homes for sale in Las Vegas, but it can be challenging if you have never done it before.  You will need to do your own marketing, walkthroughs, and negotiations yourself, and you’ll likely need a lawyer to help with some of the paperwork. 

Putting your house for sale-by-owner in Las Vegas – or elsewhere in the country – could reduce the amount you get, too.  FSBO houses tend to sell for less, with a median sale price of $218,000 compared to $295,000 for houses sold with an agent.

Find out the value of your home with a Free Home Value Assessment

4. Sell at Auction

For people who want to know the exact date their house will sell, an auction could be a viable option.  Most people can sell their home at auction in between two and three weeks, and they tend to get slightly higher returns on average than some other quick selling strategies.  Furthermore, there is no need for showings, staging, or back-and-forth negotiations.  

Unfortunately, the nature of auctions imparts some risk.  While you could get more than fair market value for your home in the event of eager bidders, you stand just as much chance of getting less.  Experts suggest you set reserve at 10 – 15% below market value to generate interest.

Not every home is best suited for an auction either.  The National Association of REALTORS® recommends a “2/3 rule” which says if 2 out of 3 factors are favorable to an auction, it’s a viable method of sale.  The factors are the market, the seller, and the property. 

NAR considers the market suitable if it’s a seller’s market, or if it has few properties of the same type as the one being sold.  The seller is suitable if they need cash, are in a hurry, or are moving out of state.  Finally, the property is suitable if it is hard to appraise, is vacant, or has 25% or more equity.  

5. List with a Las Vegas Local Agent Who Can Sell Your Home Fast

Lastly, you can choose to sell your home using a local real estate agent in Las Vegas who believes they can sell your house fast. These agents are either great marketers, have an extensive database of buyers or rely upon sites to generate buyer demand for their listings, like RetireBetterNow.com.

This would be the more traditional route to selling your house fast. When done correctly, it may be able to get you the highest selling price. However, this depends on many factors and is not guaranteed, similar to the other two methods listed above.

Bonus Tip – Find a Cash Buyer (Not a Company) 

It may not be easy to do, but when used in conjunction with FSBO or an agent, this removes mortgage underwriting from the equation, reducing the average closing time from 50 days to about 20.  Now, some people may want a cash discount, and some can be insistent and float you a lowball offer.  While this can help with speed, it may not be great for the money – but may be worth considering in a pinch or if your home is in need of repairs.

Need to Sell Your Home Fast in Las Vegas?

If you need a quick way to sell your house, but don’t want to sell without being represented by and receiving the expertise of a local Las Vegas real estate agent, we can help.

Simply tell us more about your home by filling out the form below and we’ll connect you with a local agent who’s backed by our unique buyer demand platform. They may be able to help sell your home quickly and for the highest price.

Speak to a Local Real Estate Agent About Selling Your Las Vegas Home Quickly!

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

The information on this page is compiled from third-party sources for convenience and for informational purposes only. Matiah Fischer and RetireBetterNow.com does not guarantee the accuracy or completeness of information or assume any liability for its use. Content contained on this website is not intended to and does not constitute legal, financial or investment advice and no client relationship is formed. Please verify all information and use at your own risk.

Discussion

#1 By Vales at 4/29/2022 4:16 AM

Very informative. Thanks for sharing this article, it's really useful.

Post a Comment