"I’m Relocating And Need To Sell My House In Wisconsin"

January 11th, 2024

By Mike Vandermuss

Relocating is a complex process that requires seamless coordination. Each week, local homeowners from Wisconsin reach out to us, either giving us a call or submitting their house details through this website, saying, “I’m relocating and need to offload my house in Wisconsin.” The fantastic news is that we’re not just listening; we’re actively assisting numerous sellers in swiftly selling their houses, given that we’re in the business of buying houses all over Wisconsin right now!

Managing a relocation involves a staggering number of details, coupled with the stress of whatever’s propelling you to move – whether it’s a new job or a family member facing health issues. However, the genuine necessity to move always accompanies a significant life change.

So how do you make the most out of a difficult situation?

Man helping someone move

Ease the stress – get organized.

Ending up stuck paying for and maintaining an empty house for two years? Not the ideal situation—it’s costly, and there’s a better way.

Sure, the market might seem stable in Wisconsin right now, but things can flip in a heartbeat. We’ve heard some real horror tales over the past couple of decades. Unless you’re rolling in dough, waiting it out might not be your best bet.

Now, when you’re in the thick of relocating and need to offload your Wisconsin house pronto, how do you navigate it all and make smart choices?

Relocating And Needing a Quick Sale In Wisconsin? Let’s Break Down Your Options and Steps

First…

  1. Find out what your house is worth: Reach out to a reliable real estate agent or connect with us for a no-cost, no-obligation property valuation. Knowing the potential market value sets the groundwork for deciding how quickly you can or want to sell.
  2. Decide how fast you need to sell your house after you relocate: This is crucial. I’ve seen folks who moved for a job have their house on the market for over a year, selling for way less than expected. Determine your urgency to sell and how long you’re willing to juggle two mortgage payments, insurance, etc.
  3. Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early to avoid unnecessary delays. Waiting each month to sell the house costs money. Alternatively, if you prefer not to use an agent, we’re a reputable local house buyer eager to make a fair, all-cash offer. Just fill out the form here to get started.
  4. Calculate the value of selling your house fast vs. “waiting it out” for a dream price: Evaluate the worth of selling your house promptly versus holding out for an ideal price: We all aim to maximize the selling price of our homes, yet it’s essential to quantify the actual cost of retaining the property. Consider expenses such as the mortgage, especially if you’re within the initial 10 years where the majority of payments go towards interest, as well as insurance, taxes, maintenance, and more.

    Let’s break it down. Imagine you’re targeting a $200,000 sale. If your monthly costs include a $1,200 mortgage, $200 for taxes, $100 for insurance, and $100 for maintenance (covering lawn care, repairs during your absence, etc.), that sums up to $1,600 monthly in “non-equity building” expenses. If it takes 7 months to sell through a real estate agent for the desired $200,000, you’re looking at $11,200 in DIRECT “holding costs,” plus an additional $12,000 in real estate agent fees (assuming 3% for both the buyer’s and seller’s agents). This results in a total of $23,200 in lost funds. And that’s not even factoring in the value of your time, the stress associated with the property lingering on the market, or the opportunity cost of what you could have done with that extra money during those 7 months. In reality, the actual cost to you could be closer to $30,000.

    Now, consider this scenario: What if you sold your house next week and avoided all these complications? Even if you opted for a discount, say $175,000, you’d still be in a better position by selling the house NOW at a discount to a home buyer like our company, compared to waiting 7 months for a full-price sale (with associated holding costs and real estate agent fees). Does this reasoning make sense to you?
  5. Take action!: Decide and act upon your choice. If you opt for the real estate agent route, fantastic! Seek out a reputable local agent in Wisconsin. However, if you’re leaning towards avoiding the wait and steering clear of real estate agent commissions, a practical alternative could be selling your house to us. 🙂
 

If time is on your side and you’ve got an outstanding property, testing the market with a higher asking price might be worth considering. There’s a chance that someone, enamored by your property’s unique features, might be willing to pay a premium—after all, people can be driven to do unconventional things for love.

However, it’s important to recognize that most properties are average, blending into the neighborhood much like people living in proximity tend to share commonalities. Unless your property stands out as truly exceptional, reaching magazine-quality status, pricing it at the highest point might not yield the maximum returns.

Another strategy is to market your property for both rent and sale simultaneously, observing which option materializes first. Maintaining control of this process is crucial, even though it may pose challenges for seasoned real estate brokers.

In certain scenarios, we may collaborate with property owners to establish lease option agreements, allowing highly qualified tenants to rent the property for an agreed-upon period before deciding to purchase it.

Alternatively, we might assist in renegotiating a loan, making monthly payments, or facilitating a short sale with a bank. Our passion lies in helping individuals navigate complex problems, and we firmly believe that creative solutions can serve as a bridge to get you where you need to be.

Who Are Packerland Home Buyers, and How Can We Assist You in Your Relocation and Sales Needs in Wisconsin?

We are investors, dedicated to supporting our families and enhancing neighborhoods by purchasing houses from Wisconsin homeowners who require a quick sale for various reasons.

The types of sellers who typically find value in working with us include individuals who:

  • Need a speedy sale (we can close in as little as 7 days if that suits your timeline)
  • Prefer avoiding the complexities of listing a property with an agent
  • Seek to avoid real estate agent fees
  • Encounter challenges in selling their house for various reasons (we buy houses in as-is condition)
  • …among other considerations
 

Our commitment to the Packerland community is unwavering, and we approach our work with honesty and transparency.

We provide fair quotes, and our ability to close quickly with cash sets us apart.

If you’re prepared to wait and can enlist professional assistance, managing the sale of your property from a distance is a viable option. In certain situations, taking that risk can yield rewarding results.

We’re happy to help you find answers to your toughest questions about your Wisconsin real estate, so please feel free to call us at 920.310.3020 and chat with us anytime.