If you have a home you need to sell quickly in Denver, you have a few options:
- Sell your home with an agent who can work with your timeline.
- Sell to an iBuyer if you have a home in good condition.
- Sell to a We Buy Houses company if your home needs some work.
Each of these options has its drawbacks, the biggest being the money you'll lose out on by prioritizing speed over sale price. However, there are many situations where you might need to sell fast, such as moving for a new job or selling an inherited home you can't afford to take care of.
To get cash offers right now, sign up for Clever Offers. A local agent will gather and compare offers for you from leading iBuyers and We Buy Houses companies. Your agent will help you negotiate to get the best price and provide you with a free home valuation so you know what your home is worth on the open market.
What to expect when selling a home in Denver
In Colorado, homes typically sell fastest during May and slowest during January.
To set expectations for your selling timeline in Colorado, look at two factors:
- Median days on market: Number of days before a seller accepts an offer
- Average time to sell: Number of days on market until offer, plus the average number of days to close
Average time to sell a house in Colorado
In Colorado, the current average time to sell is 13.3%faster than than the national average.
» LEARN MORE: Average Time to Sell a House in Colorado
How to sell my house fast in Denver
Best option: Sell your house quickly with an agent
⚡ Quick facts: Selling with an agent
- Percentage of market value you’ll earn: 90–95%
- Average time to sell: 74 days
- Fees you’ll pay:
- Average listing commission: 2.80%
- Average buyer agent commission: 2.80%
- Average closing costs: 2.48%
If you want to make the most money from your home sale, listing with an agent is the way to go. But if you want to sell your home faster than the average 72 days in Colorado, you'll likely have to price the home to sell, say 5% below market value.
Listing with an agent can net you the most money, but it's not as fast as selling to an iBuyer or a We Buy Houses for Cash company. Because they pay in cash, these types of buyers can close on your home in a matter of weeks. Usually, when you sell on the open market with an agent, you'll have to wait for the buyer's mortgage to be finalized, which can add several days to your timeline.
Some expenses that will cut into your profit include your agent's commission, the buyer's agent commission, and closing costs.
Selling with an agent is best for…
- People with homes in good condition
- People with at least 30 days to sell
- People who want to sell fast while making the most money
Tips to sell fast with an agent
Hiring a local agent means you'll be able to use their knowledge of the local market to sell fast. Along with your own agent's advice, consider these tips to sell your home quickly in Denver from Paula Pantaleo, a top Denver broker with RE/MAX Masters Millennium who has been featured on the HGTV show "House Hunters."
Make sure you're pricing your home based on the most recent comparables. "Many sellers and even some realtors make the mistake of pricing the property based on comparable sales that were sold during the market's peak," Pantaleo says. The market is changing rapidly, so sale prices from a month ago might already be outdated. "If the property is priced correctly from the start and marketed well," says Pantaleo, "it shouldn't require a large price adjustment later."
Don't underestimate the power of advertising. "Effective marketing is crucial in selling your home quickly and for the highest possible price," says Pantaleo. "Your realtor should have a comprehensive plan in place prior to listing the property."
Incorporate staging as a part of your marketing strategy. Pantaleo says "a well-staged home can make all the difference and can often lead to a quick sale. Staging will help to set your home apart from the competition."
💸 How cash offers work
Cash offers are the fastest path to closing because the buyer doesn't need to get a loan. The financial institution doesn't have to spend time checking the buyer's financials (known as the underwriting process). There's also less risk of the buyer's financial situation changing in a way that puts the sale at risk.
When listing with an agent, you can state your preference for cash offers. Keep in mind, though, that this might limit the number of offers.
Cash buyers can be a good option if you need to unload an unwanted, distressed property fast. However, if you want to sell quickly without sacrificing a ton of equity, Clever is one of your best alternatives.
Clever sellers typically get offers 2.8 times faster than the national average AND save an average of $7,000 in realtor fees.
Better option: Sell to an iBuyer
⚡ Quick facts: Selling to an iBuyer
- Percentage of market value you’ll earn: 90–95%
- Average time to sell: 8–60 days (customer preference)
- Fees you’ll pay:
- Service fee: 5%
- Average closing costs: 2.48%
iBuyers will buy your home with a full cash offer, meaning you won't have to wait for buyer financing at all. iBuyers only buy homes in good condition, so if you have foundation problems or a leaky roof that you don't have time to fix, you'd be better off selling to a We Buy Houses for Cash company.
Typical iBuyer purchase criteria include:
- 🏠 Built after 1930
- 💰 Valued at $100,000–600,000
- 🌲 Located on 1.5 acres or less
- 👤 Owner-occupied
When selling to an iBuyer, you'll pay for the convenience through a service fee and a lower sale price than you'd get on the open market.
iBuyers are still a relatively new way to sell a house — only 27% of homeowners fully understand what they are. Before you consider using, research how iBuyers work and familiarize yourself with the top iBuyers across the U.S.
Selling to an iBuyer is best for…
- People with homes in good condition that meet iBuyer criteria
- People who are willing to sacrifice about 10% of the sale price for a guaranteed fast sale
- People who don't want to show their homes or conduct open houses
Sell to Opendoor in Denver
Avg. rating | 4.2/5 across 3,419 reviews |
Service fees | 5% |
Closing date window | As little as 14 days |
Expect to pay about 1–3% in closing costs and another 1–2% in deductions for repairs requested by Opendoor. In our review of Opendoor, we found that some customers were turned off by these inflated repair costs, but others praised the service for its fast, seamless transactions.
Sell to Offerpad in Denver
Avg. rating | 4/5 across 2,656 reviews |
Service fees | 5% |
Closing date window | As little as 8 days |
In addition to Offerpad's service fee, count on paying about 1–3% in closing costs. During research for our Offerpad review, we noted that many customers praised the company for its responsive customer service. Some customers were dismayed with the reduction in offer price after the home inspection, however.
Be aware: Offerpad charges a 1% cancellation fee if you choose to cancel beyond four days after the home inspection.
Good option: Sell to a We Buy Houses for Cash company
⚡ Quick facts: Selling to a We Buy Houses company
- Percentage of market value you’ll earn: 50–70%
- Average time to sell: 3–21 days
- Fees you’ll pay: None
The fastest way to sell your home in Denver is to sell to a We Buy Houses for Cash company, also known as a cash buyer company. These companies are backed by investors and can close on your home in a week or two. Because these companies pay cash, you won't need to wait for a buyer's mortgage to be finalized.
But all of this speed comes at a cost. We Buy Houses companies usually only pay up to 70% of a home's market value since they factor in the cost of repairs into the offer price.
Most We Buy Houses Companies in Denver have the same process. After contacting the company, someone will come to the house to do a walkthrough. Soon after the walkthrough, they'll give you their cash offer.
We Buy Houses companies are best for…
- People who want to sell their homes in as-is condition
- Sellers with no iBuyer option in the region
- People with inherited homes (for more info, see our Stress-Free Guide to Selling an Inherited House)
How to choose a We Buy Houses for Cash company in Denver
Denver has many cash buyer companies to choose from. Start your search by looking into our review of the top We Buy Houses for Cash companies in Colorado.
When choosing a company, consider reviews from past sellers and how quickly the company promises to close on your home. Some companies can close in a week, while others may take up to a month.
Some people wonder if We Buy Houses companies are a ripoff after receiving a lowball offer. Most cash buyer companies are legit investors who make money flipping houses. To turn a profit, they calculate the offer based on the amount of money they'll need to invest in the home to sell it later.
So while their offers might seem low, they're not necessarily a scam. But if you feel uncomfortable with anything about the deal, including the price, you should walk away.
Use Clever's free, no-obligation service to compare cash offers from top local companies with the help of a local real estate agent. You'll get a professional home valuation so you know what your home is worth, and an agent can negotiate on your behalf to make sure you get the best deal.
Why trust us
Jon Stubbs has spent hundreds of hours researching ways to sell homes quickly. This research includes interviewing real estate agents and representatives from iBuyers and cash buyer companies. The author has written dozens of articles on selling homes with a listing agent as well as non-traditional selling methods.
FAQs
How can I sell my house fast in Denver?
You can sell your house in a few months with a listing agent, but you might have to discount the home price a bit. If you don't have a few months, a We Buy Houses for Cash company will buy your home in about a week or two, but they'll only pay up to 70% of the home's value. Learn more about how to sell your home quickly in Denver.
Are homes selling fast in Colorado?
Currently, the average time to sell in Colorado is 72 days, compared to the national average of 83 days. Learn more about selling a home in Colorado.