Sell My House Fast in Spokane
Need to sell your house fast in Spokane?
Competitive cash offers: There’s no need to sort through dozens of We Buy Houses Spokane websites. Our team of experts understands the local market, and we work with one of the largest cash buyer networks in the nation to ensure you get the best offer possible through HomeLight’s Simple Sale Spokane platform.
No repairs or roadblocks: We specialize in helping Spokane sellers move quickly, even if a house needs repairs or you’re going through a difficult situation such as divorce, death in the family, or financial troubles.
Simple and fast: Get the cash you need to move on to your next chapter without the stress of showings, negotiations, or waiting months to close.
How it worksExploring your options is free and easy
Step 1 Tell us about your home
Step 2 We find you the best offer
Step 3 You accept and decide when to move
Sell My House Fast in Spokane
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How to Sell My House Fast in Spokane: Expert Tips and Strategies
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- 12 min read
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Kelsey Morrison Former HomeLight EditorClose
Kelsey Morrison Former HomeLight EditorKelsey Morrison worked as an editor for HomeLight's Resource Centers. She has seven years of editorial experience in the real estate and lifestyle spaces. She previously worked as a commerce editor for World of Good Brands (eHow.com and Cuteness.com) and as an associate editor for Livabl.com. Kelsey holds a bachelor’s degree in Journalism from Concordia University in Montreal, Quebec, and lives in a small mountain town in Southern California.
If you’re a homeowner in Spokane contending with the need to sell your house quickly, it’s important to understand all of the options available to you. Whether you’re facing financial pressures, relocating for a new job, or dealing with personal matters that require an urgent move, searching for a way to sell your home fast can compound the stress you’re already feeling.
In this article, we’ll walk you through the paths you can take to sell your Spokane home fast. From exploring the possibility of an all-cash offer to the advantages of partnering with a top-performing Spokane real estate agent, we’ll share insights and tips to help you make the best decision for your particular situation.
Sell Your Spokane House Fast With an All-Cash Offer
Get an all-cash, no-obligation offer on your Spokane home through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses.
Why you might need to sell your Spokane house fast
If you’re experiencing significant life changes or challenges, selling your Spokane house quickly might be unavoidable. Here are several reasons why you might find yourself needing to sell quickly:
- Job relocation: A new career opportunity in another city or state necessitates a quick move.
- Divorce: Finalizing a divorce can often require selling shared property to divide assets.
- Inherited property: The maintenance and taxes that often come with an inherited home may prompt a quick sale.
- Financial distress: Whether it’s due to job loss, medical bills, or avoiding foreclosure, a fast home sale can provide necessary financial relief.
- Landlord fatigue: The challenges of dealing with difficult tenants or the burdens of property management might lead you to sell.
- Downsizing: Life changes such as retirement or health issues may necessitate moving to a smaller home or a different location that better suits your needs.
- Property damage: If your home requires significant repairs that you cannot afford, selling as-is might be the best option.
These situations, though tough, offer a clear path forward through a fast home sale. Considering a no-obligation all-cash offer for your Spokane home could be the solution you need, allowing you to move past these challenges.
Option 1: Request a cash offer for your Spokane home
The traditional way of selling a home can be lengthy and filled with uncertainties, but Spokane homeowners have a quicker, more straightforward option: securing a cash offer for their property. HomeLight’s Simple Sale platform connects sellers directly with reliable cash buyers, bypassing the hurdles of the home-selling process.
With Simple Sale, the power is in your hands. You can choose your own move-out date and potentially close the deal in just 10 days. After providing a few basic details about your Spokane home and your preferred selling timeline, you can receive a no-obligation all-cash offer within 24 hours. Selling your house fast in Spokane has never been easier, or more efficient!
The process of a cash offer in Spokane
The process of selling a house for cash is much simpler than the traditional selling journey. A cash buyer with the necessary funds can directly purchase your home without the delays of mortgage approvals. This method involves a quick evaluation of your property’s condition and market value, followed by an immediate offer. Acceptance of this offer leads to a swift closing, bypassing common holdups like loan approvals or home inspections.
Here are the three easy steps in the Simple Sale process:
Who else buys houses for cash in Spokane?
In Spokane, a variety of reputable house-buying companies and investor groups are ready to pay cash for your home. These companies provide a straightforward solution for homeowners looking to sell quickly without the hassle of traditional real estate transactions. Whether you’re in downtown Spokane, the scenic outskirts, or any other neighborhood in between, these cash buyers are familiar with the local market and can offer a competitive price for your property.
- The Easy Home Buyer (Spokane and Spokane Valley)
- Sell it Simple (Spokane region)
- REI Branded Home Buyer LLC (Spokane and other parts of Washington)
- HomeFront LLC (Eastern Washington, including Spokane)
- First Light LLC (Spokane)
When searching online for additional house-buying companies, do your due diligence to ensure confidence in your decision. Alternatively, HomeLight’s Simple Sale platform offers a seamless way to connect with the largest network of trusted cash buyers across the US, providing peace of mind and a hassle-free selling experience.
Pros and cons of selling to a Spokane house-buying company
Still not sure if you’re a good candidate for working with a Spokane house-buying company? Here’s a quick breakdown of the pros and cons:
Pros
- Sell fast: Get a quick offer, often within hours or days, making it ideal for urgent sales.
- Skip repairs: Sell your home as-is, avoiding the cost and time of fixing it up.
- Easy process: The transaction is straightforward, reducing paperwork and complexity.
- No staging or showings: Save on staging costs and the hassle of showing your home.
- Flexible move-out dates: Accommodate your schedule with adjustable closing dates.
- No financing delays: Avoid the uncertainty of buyer financing falling through.
- Reduced or no closing fees: Some companies may cover closing costs, in part or in full, ultimately lowering your expenses.
- Sale is guaranteed: Eliminate the uncertainty of whether your home will sell.
- Can be a foreclosure solution: Offers an exit for those facing foreclosure.
- Less work than a FSBO sale: Less effort required than selling your home by yourself.
- Peace of mind: Quick sales provide relief in stressful situations.
Cons
- Lower offers: Offers may be below market value, reflecting the convenience and speed of sale.
- Less competition for your home: A direct sale means not leveraging market demand to possibly get a higher offer.
- You give up control: The buying company dictates terms, limiting your influence.
- No negotiations: Offers are typically take-it-or-leave-it, with little room for negotiation.
- Can face hidden fees: Keep an eye out for any hidden fees that may be tacked on.
- Not all companies are reputable: Do your research to avoid dealing with shady or untrustworthy firms.
- A potential risk for scams: Always verify the legitimacy of the buyer to avoid scams.
These points should help Spokane homeowners weigh the convenience and speed of selling to a house-buying company against the potential drawbacks, ensuring they make an informed choice that aligns with their goals.
Option 2: Hire a top Spokane real estate agent
Enlisting a top Spokane real estate agent can offer significant advantages, even when time is of the essence. “By working with a real estate professional, you could take just a little bit more time, but you could get a much better result,” says Steve Silbar, a top agent in Spokane who sells homes 52% faster than the average agent in his market. “All that money goes right into the bank account of the seller versus into a cash buyer’s pocket.”
Local real estate agents have a deep understanding of the Spokane housing market, which helps them sell your home faster for the best possible price. From expertly staging your home to skillfully handling negotiations, a top agent will pull out all the stops to sell on your timeline.
In the following sections, we’ll take a closer look at the Spokane real estate market, explore the benefits of partnering with a real estate expert, and share tips on how to find an agent who aligns with your selling goals.
How fast are homes selling in Spokane?
“We’re seeing houses sitting on the market longer, so the thing sellers should focus on is setting the right price,” says Silbar.
The typical single-family home in Spokane took 35 days to go from “active” to “pending” in January 2024. (Note that it takes an average of 47 days for a buyer to close on a purchase loan, extending your selling timeline.)
According to a report by the Spokane Association of Realtors®, sales of single-family homes were down 7% compared to January 2023. The median home price ticked up 2.6% during the same period, reaching $389,998.
Inventory improved significantly during the first month of the year, increasing 19.3% to a 2.5-month supply. Months’ supply measures how long it would take for all of the homes on the market to sell at the current pace of sales. New listings also jumped 23.3% over the same period last year.
Even with a recent increase in listings, Spokane’s housing market remains firmly in seller’s market territory. For context, a balanced market offers 5–7 months of supply.
Here’s a snapshot of current housing market indicators in Spokane:
| Days on market (average time from list to contract) | 35 days* |
| Days to close conventional home loan | 47 days |
| Median home sale price | $389,998 |
| Supply of inventory | 2.5 months |
| Number of closed home sales year over year | -7.0% |
*Does not include time for buyer to close the loan
Data source(s): Spokane Association of Realtors®, Ice Mortgage Technology
Benefits of selling with a top Spokane agent
Partnering with a top Spokane real estate agent can significantly speed up your home sale, as they have a thorough understanding of market dynamics and buyer trends.
“If you’re working with a very good realtor who has the resources, they can get everything done in a very short amount of time and have your house on the market within a matter of days,” notes Silbar.
Here are some other advantages of selling with a results-driven real estate agent:
- Ability to sell for more: A skilled agent’s understanding of Spokane’s market trends can maximize your home’s selling price.
- Can generate a speedy sale: With their finger on the pulse of the local market, agents can move quickly to list and sell your home.
- Accurate, effective pricing: Setting the right price from the start is crucial, and a skilled agent can ensure your home is competitively and accurately priced.
- Professional negotiation skills: Expert negotiations conducted by your agent can secure a better deal, faster.
- Expert partner by your side: An experienced agent guides you through every step, making the selling process smoother and quicker.
- Will know what to fix and not fix: They can advise on which repairs or upgrades will truly add value and appeal to Spokane buyers, avoiding unnecessary expenses.
- Elevated marketing: Advanced marketing techniques and platforms are used to reach a broad audience quickly.
- Contract savviness: Familiarity with local contracts and negotiation leverage can streamline the sale process.
- Can manage documents and disclosures: Ensuring all legal requirements are met promptly to avoid delays.
- Network of skilled professionals: Access to a vetted network of local contractors, stagers, and photographers can enhance your home’s marketability.
A top real estate agent not only speeds up the selling process but also reduces stress and uncertainty for the seller, providing a clear path to a successful home sale.
How to find a top Spokane real estate agent
With HomeLight’s Agent Match platform, discovering the perfect real estate agent for your needs takes only a couple of minutes. Our tool evaluates more than 27 million transactions and countless reviews to connect you with two or three top-rated agents in the Spokane market. Agents don’t pay to be featured, so the results are purely based on performance and specialties. Whether you’re on the hunt to sell or buy, let HomeLight introduce you to an accomplished real estate professional.
Expert agent tips to help sell your Spokane house fast
To sell your Spokane home quickly, you need to know what local buyers want and how to make your property really shine. Ahead, real estate agent Steve Silbar shares his top tips for selling your home in record time:
- Price it right from the start: “If you’re not at a competitive price, houses are getting passed over at this point,” says Silbar. “They’re sitting on the market longer until those prices come down to what the market deems as a good price for that house.” Working with an experienced agent can help you avoid overpricing and sell quickly.
- Emphasize outdoor living: Highlighting outdoor features like lush gardens, paved patios, dining areas, storage sheds, greenhouses, and large decks can attract buyers looking for that perfect outdoor lifestyle.
- Amplify curb appeal: “That first impression, be it in-person or online, is crucial to even getting somebody interested in looking further at the details and the price of the house,” says Silbar. A brightly-colored front door, beautiful landscaping, and modern address numbers can help make your listing stand out.
- Clear out the clutter: “Removing personal items and oversized furniture can open up a room and make it look bigger, “says Silbar. “If you have two couches in a living room, put one in storage. Because houses are sitting on the market longer, you want to make them as appealing as possible from every perspective so you can bring those buyers in.”
- Get a pre-listing home inspection: Uncover and address potential issues before listing with a pre-sale inspection, ensuring your home is ready for the Spokane market. While this service costs roughly $300–$400, it’s well worth it.
- Offer a home warranty: Providing a home warranty can ease buyer concerns about maintenance and repairs, making your home more attractive in Spokane’s market. These 12-month contracts typically cover appliances and home systems and cost $450–$600 per year.
- Utilize professional photography: “Every listing I have gets professional photos as well as a video walkthrough,” explains Silbar. “I also shoot 3D pictures for a Matterport virtual tour because you never know what a buyer is going to prefer when they’re looking at your home.”
- Leverage social media: “A good Realtor understands marketing,” says Silbar. “They have the reach in their network and know how to use social media to get you that additional exposure.” If your agent has a sizeable following on social media, a high-engagement post on TikTok or Instagram could capture the attention of a buyer.
- Consider optimal timing: Spokane’s housing market has its highs and lows throughout the year. Use the Time to Sell Calculator to identify the best listing period for a faster sale or a higher profit.
Ready to sell your Spokane house fast?
Whether you’re looking to secure a cash offer or partner with a top Spokane real estate agent, the key lies in selecting the approach that best fits your home-selling needs.
- For those in a time crunch, a cash offer through HomeLight’s Simple Sale might just be the perfect quick-fix solution.
- On the other hand, working with a seasoned real estate agent ensures that your home is marketed effectively and is priced strategically to sell quickly. HomeLight can connect you with a top-rated agent in the Spokane market.
If you’re torn between a cash offer and selling with an agent, exploring both options can be beneficial. Comparing a cash offer from Simple Sale with an assessment from an agent gives you a complete perspective.
Ultimately, the decision is yours to make. With these insights, resources, and options at your disposal, you’re ready to speed up the sale of your home and move on to the next chapter of your life.
Header Image Source: (Chris Johnson / Unsplash)
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