How to Sell My House Fast in South Dakota: Cash Offer Options

Pros and cons of selling to a South Dakota house-buying company

Still unsure if selling to a house-buying company in South Dakota is the right choice for you? Let’s review some of the pros and cons that might help you make an informed decision.

“The bottom-line goal of a house-buying company is to be able to turn around and resell your house for a profit,” says Jenny Downey, a top-performing real estate agent in South Dakota. “That might be a quick solution for you if you’re just not able to get your house in a condition to sell. But you’re also going to see a much lower price compared to if you listed it on the market.”

Downey estimates that you might sell your home for 26% more if you use a proven South Dakota real estate agent. “Part of that higher number is because, as agents, we’re familiar with up-to-date pricing trends and we can really hone in on the value of your home. We’re really digging in, looking at the condition and seeing what else was sold in your neighborhood.”

Option 2: Hire a top South Dakota real estate agent

When time is of the essence, enlisting the expertise of a top real estate agent in South Dakota can prove invaluable. An experienced agent understands the intricacies of the local housing market and possesses the skills to facilitate a swift and profitable sale of your home.

Let’s look into the speed at which agents sell homes in South Dakota, explore the advantages of working with a trusted real estate professional, and discover how you can find the perfect agent for your specific needs in the Mount Rushmore State.

How fast are homes selling in South Dakota?

In South Dakota, the median days on market (DOM) — the time from listing to having a signed contract — currently ranges from 32-48 days.

Downey says the entire time from listing to closing is averaging around 71 days. “That’s for the whole spectrum of prices. And that is very low because looking back historically — even just back to 2018 — it was averaging 94 days. Looking back even further to 2008, homes were sitting for six to nine to 12 months.”

It’s important to note that Downey’s 71-day estimate for full closing includes the 44 days a mortgage-backed buyer typically needs to close on a purchase loan.

Downey adds, “Right now, if a house sits for three weeks on the market, sellers are sometimes panicking and thinking that’s a long time. But that’s not really a long time. In South Dakota, there’s a high demand and very low inventory.”

It’s also worth noting that how long your home takes to sell can depend greatly on the price and condition of the property and the buyer activity in your local market. In her Sioux Falls region, some homes sell much faster than the state median DOM. “We’re often seeing houses sell within the first day,” she says.

Partnering with a knowledgeable agent can provide valuable insights into local trends and buyer behaviors.

Benefits of selling with a top South Dakota agent

Selling your South Dakota home with the assistance of a top agent offers numerous benefits that can lead to a faster home sale. Consider the following:

“You’re going to get a lot more exposure with an agent,” Downey says. “I have connections, like all the other agents that I network with. I can build up interest in the property before it ever hits the market.”

She sums up your benefits this way: “If you work with a Realtor and price it correctly, you can get your home sold quick, and you’re more likely to net more [proceeds] from your sale.”

How to find a top South Dakota real estate agent

When it comes to finding your best-fit real estate agent in South Dakota, HomeLight’s Agent Match platform is your go-to resource. With access to data from over 27 million transactions and thousands of reviews, we can connect you with a top-rated agent in your local market. Whether you’re selling or buying a home, let HomeLight introduce you to a performance-proven agent tailored to your specific needs.

Expert agent tips to help sell your South Dakota house fast

As a top South Dakota agent, Downey works with 76% more single-family homes than the average agent in her Sioux Falls market. She knows what buyers in the state are looking for, and what helps a house sell faster. She shares the following expert fast-sell tips:

• Price it right from the start: “An agent can help you hone in on the right price and avoid overpricing. If a home is overpriced and sits for longer than ten days, buyers start to get suspicious and start wondering: ‘Is there something wrong? Is there a reason why it’s not selling?’”
• Declutter and open up space: “In this day and age, we have pods and storage units and places that we can get rid of clutter quickly. The best thing is to remember ‘less is best.’ Get as much unnecessary stuff out, and show buyers the space.”
• Apply a fresh set of eyes: “Have a Realtor look at the house through the eyes of a buyer to discover things that a buyer might object to, or that you need to overcome to sell your house. Get those things taken care of on the front end.”
• Add a fence: “So many people have pets and little ones — no matter the age of the buyer, pets are a huge deal — and they want to have a yard or a fenced-in area for their pets or kids.”
• Invest in paint: “Buyers gravitate toward anything clean and updated. Just applying a fresh coat of paint is really helpful. If it’s clean and freshly painted, it helps buyers overlook some other things that are negative, and that’s a huge benefit when you are trying to sell a house fast.”
• Hire a professional cleaner: “Don’t be afraid to spend a little bit of money on a professional cleaner to deep clean. They’re going get things like your ceiling fans, your ovens, things that you might not even be aware of are dirty. The money spent upfront on those things — even though it’s hard to spend the money — will help you show your house so much better, and net more for a sale price. It’s totally worth it to do that.”
• Check your floor appeal: “If you have outdated carpet, get it cleaned. If you have outdated flooring, offer a full allowance, or some incentive so that you’re overcoming some buyers’ objections right off the bat. Then buyers will think, ‘Oh, it’s got outdated flooring. Well, they’ve already offered to give us a little credit toward that, so no big deal.’”
• Have house records handy: “Any information that you can provide to buyers, like a list of updates you’ve done, or invoices for work you’ve had done, if you’ve had a new HVAC system put in, or if you have it serviced every year. Have the record that it’s serviced every year.”
• Be transparent: “Have your property disclosure filled out really well, and thoroughly, so that you’ve shown the buyers that you’ve done due diligence, and caring for your house, that you have records of everything.”
• Be accommodating: “If you have paint colors or anything that you can provide a copy of, or your survey to show them where the lot lines are, attach this information to your listing, or put it in a nice folder on the counter. It’s going to go a long way to show your buyer that you’re accommodating, you’re being very transparent — you’re giving them information that’s going to help them make a good decision.”
• Get professional photos: “95% of buyers are making decisions about a house before they even make a showing appointment. They’re looking online at the photos to decide if the house is for them or not. Getting the best photos possible, and even a video to post online will help make the buyer interested to go look at the house.”
• Increase curb appeal: “Work on the curb appeal of the front door. Like hey, you need to trim some shrubs, or you need to get these cobwebs down. Put a potted plant out here, and move your line to your front door. Anything to just increase that first impression.”
• Highlight outdoor living: “A nice outdoor space is a selling key. People want to have outdoor space where they can entertain or have a fire pit to sit around with friends and mingle outside.”
• Get a pre-listing home inspection: “I would advise a pre-listing inspection. The inspector can point out the things that need to be corrected or repaired. If you can get those things done before you list your house, it’s much more likely to sell quickly without any hurdles to cross.”
• Leverage social media reach: “Top agents focus on exposure through social media, such as posting a walkthrough of the house or neighborhood to capture more of the essence of the property. It’s a little more organic — getting the personality of the house through social media platforms like TikTok and [Instagram] Reels.”

To speed up a sale, sellers can also consider offering a home warranty, which can provide peace of mind to buyers who may be on the fence, or those working with a tight budget and limited money to make future repairs.

Timing your sale can also be a consideration. Consult with your agent to pick the optimal time to list. You can also check out HomeLight’s Best Time to Sell Calculator.

Ready to sell your South Dakota house fast?

If you’re ready to sell your South Dakota house fast, you have options to explore.

• With a platform like Simple Sale, you can simplify the process and receive a cash offer in 24 hours. A fast, convenient sale may be the solution you need.
• On the other hand, working with a top-rated agent ensures professional guidance, effective marketing, and expert negotiation skills. HomeLight can connect you with the perfect agent for your specific needs in the South Dakota market.

Consider both options, comparing a cash offer to an agent’s opinion, to make an informed decision.

Armed with knowledge, resources, and options, you’re well-equipped to navigate your fast home sale in South Dakota.

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