There are so many available options out there when it comes to selling your house. However, more and more people in the metro Milwaukee area turn to selling their properties to local home buyers because of the easy selling process. But how do home buyers purchase houses? Who are the best home buyers in Milwaukee anyway? We’ll go over everything you need to know about selling your home to a local home buyer in the metro Milwaukee area and how to choose the best home buyer for you!
Home Buyers In Metro Milwaukee
How Do Home Buyers Buy Houses?
There are several advantages to working with a local home buyer to purchase your property. Home buyers are usually a single investor or a small group of investors that buy homes with cash. Paying in cash allows home buyers to pass on some benefits to sellers, including:
- Shorter closings- typically 7-14 days, unlike the average 55 days on the market in Milwaukee.
- Ability to purchase your house in as-is condition- since they are not subject to bank financing contingencies.
Selling your house is very similar to how a traditional home sale process would go. It just doesn’t involve you listing your house with an agent or by owner, making repairs or improvements, showing it to multiple buyers, waiting for an offer, negotiating the offer, and waiting on buyer inspections and financing.
→ First time selling a house? Check out these 4 Tips for First Time Home Sellers in Milwaukee.
When working with a metro Milwaukee home buyer, the process is straightforward and would look something like this:
- Contact the homebuyer either by phone or online and share information about your home.
- Schedule a time for a team member to come out to view your home or send photos of your residence to the home buyer.
- Get an offer for your house within 24 hours.
- Accept the offer and figure out a convenient time to close and move out.
If you’re still asking, “how do home buyers buy houses?” They purchase them with cash, and since cash is king, they can offer some major advantages compared to selling to a traditional buyer.
Usually, home buyers purchase houses to fix up, and resale and are otherwise known as house flipper buyers. House flipper buyers are looking to create win-win solutions for people. Some people may see the advantages of selling to house flipper buyers, especially if their home needs major repairs or is facing foreclosure or bankruptcy; for others selling with a realtor or by owner makes sense for them. That being said, if you’re looking to sell your home quickly with minimal effort, then working with a home buyer may be for you!
→ Check out these 5 Questions To Ask Yourself When Selling A House In Milwaukee, WI.
Choosing The Best Home Buyers
If you’re interested in working with a metro Milwaukee home buyer but don’t know how to choose the best one, we have some tips for you!
Tip 1: Do Some Research
When looking for a professional cash home buyer, it’s important to do your research. The first thing you’ll want to do is research local Milwaukee home buyers in your area online. Take a look at a handful of metro Milwaukee home buyer websites and scan for these things:
- Professional looking website
- Find out how long they’ve been in business (Ideally more than 3 years)
- Photos of the home buyer or business owner you’d be working with
- Accreditations- are they an accredited business by the Better Business Bureau (BBB)?
- Testimonials and Reviews (Ideally, you want to work with a business that has a 5-star rating)
Tip 2: Look At Reviews
After the cash home buyer’s website passes the research phase; next, you will want to take a look at their reviews. Find their business on the BBB website; usually, if they are BBB accredited, you can find a link to their BBB page on their website. Take a look at their rating with the BBB. You will also be able to see customer reviews and complaints here too. After looking over that information, Google their business and see what their Google reviews are. Do they have a five-star rating? Make sure to read the reviews, do they sound like a real person wrote them? Reviews are a good indication of the authenticity of the company. Unfortunately, some house flipper buyers out there are scams, so be extremely careful when working with a local house flipper and make sure to do as much research as you can before selling your home.
Tip 3: Find Out What Their Offering
Make sure you are getting all the perks of working with a home buyer. Verify they are a cash buyer and that you’re selling your house as-is in metro Milwaukee. Double-check that repairs are not required and that you would get to choose the closing date. Find out how fast they can close and if they can wait to close if you need extra time. Verify that the closing will be at a reputable title company. Confirming these details are all part of buying your house will ensure you’re working with a legit home buyer and not a scam.
Tip 4: Speak With The Home Buyer
Once you’ve completed a thorough research of the home buyer you’d like to work with, and they pass with flying colors, the next thing you will need to do is give them a call. Make sure what they say over the phone is similar to what they are offering on their website. See if they are willing to answer any questions you may have and would be someone you feel comfortable working with. Also, make sure they are willing to put all of the agreed-upon details in writing. That way, you have a paper trail, and things aren’t just by word of mouth.
Tip 5: Sell Your House
After you’ve done your research and spoken to a home buyer, it’s time to accept an offer and sell your house. The fantastic thing about selling to an as-is buyer is that you don’t have to prepare your home to sell. You won’t have to make costly repairs and deal with mouths of uncertainty waiting for your house to sell. On top of that, since you’re selling directly to them, there aren’t realtor commissions or service charges, which can save you thousands of dollars. Whatever your situation, selling to a metro Milwaukee home buyer is a great option for any family.
If you face a unique situation that requires a specific buyer to purchase your home, cash investors are great for that too. Cash home buyers can purchase properties facing:
- Title issues
- Large liens
- Leaky roofs
- Fire damage
- Water damage
- Code violations
- Hoarder properties
- Major repairs
- And many more, even houses that don’t need any repairs and are new.
Best Home Buyers In Metro Milwaukee
Here is a list of the five best home buying companies in the metro Milwaukee area.
- Cream City Home Buyers
Cream City Home Buyers is a straight-shooting cash home buying company in the Metro Milwaukee area. They are BBB accredited businesses with an A+ rating and have a five-star Google review rating. Cream City Home Buyers has been in business since 2016 and is based out of Riverwest in Milwaukee, WI. They are Milwaukee’s #1 home buyer and can make you a cash offer on your home within 24 hours and close in as little as 10 days. They also have personal photos of the business owners on their website and multiple reviews.
- Metro Milwaukee Home Buyer
Metro Milwaukee Home Buyer is a family-owned business since 2012. They are BBB accredited and have a 5-star rating on Google. They can make you a cash offer within 24 hours and close within 2 weeks (14 days). They also have online testimonies but minimal information about the owner of the homebuying business.
- Cash Home Buyer Milwaukee
Cash Home Buyer Milwaukee states they are a family-owned investment company. They also purchase homes for cash and can make you an offer within 24 hours. They advertise that their closing time frame is less than 14 days. A few things to note, they do not have any personal photos of the business owner on their website; they don’t appear to be BBB accredited and do not indicate how long they have been in business. They currently do not have any reviews on Google, and their website only has four reviews, with only one detailed review.
- Plan B Homebuyers
Plan B Homebuyers is a real estate solutions company in the Milwaukee area. They have been in business since 2005 and are a BBB accredited business with a 4.73 out of 5-rating. The website does have personal photos of the business owner and testimonials. They can make you a cash offer within 24-hours and close in as quickly as 7 days. They also have a 4.6 Google rating.
- Kustom Property Solutions
Kustom Property Solutions is a professional, full-service real estate solutions firm run by a second-generation real estate investor. It does not have any details regarding how long the firm has been in business, but they have a personal photo of the owner on their website. They advertise that they can make a cash offer within 24-hours and close as quickly as 7 days. They do not appear to be BBB accredited and have three testimonials on their website. They have a 2.3 Google rating out of 5-stars.
Now that you know how to find the best home buyers in metro Milwaukee you can go out and find the perfect cash home buyer for you! Following all the tips we’ve shared will help you weed out the best home buyers in your area and those you may want to be a little suspicious of.
That being said, the one home buying company that has met all the above criteria and stands out from the rest is Cream City Home Buyers. If you’re interested in learning more about their company, why we buy houses in Milwaukee, and how it works, their website has detailed information. Also, they would be happy to answer any questions you may have via phone. If you need to sell your house quickly, get a cash offer with Cream City Home Buyers today!