Selling a House ‘As Is’ in Wisconsin
Looking to sell a house “as is” in Wisconsin? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on.
According to Scott Klaas and Jeremy Rynders of Lifetime Realty Group, while they don’t get a ton of as-is listings in their area of Wisconsin, when they do pop up it’s usually for one of two reasons. “Either there are a couple of issues with the house that they want to disclose but not necessarily repair, or they’re selling a house as part of an estate sale and don’t know a lot about it.”
However, selling a house “as is” usually means accepting a lower offer, and it doesn’t always prevent buyers from trying to negotiate savings. Let’s take a closer look at how to sell a house as-is in Wisconsin, your options for getting an offer, and what to expect from the process.
Fast facts about selling a house as-is in Wisconsin
Median sales price in Wisconsin
$315,500 (May 2024)
Average days on market for Wisconsin
36 Days (June 2024)
Disclosures
Wisconsin law requires sellers to disclose material facts about the property through the Disclosures by Owners of Real Estate.
MLS has field to mark a listing “as is”?
No
Is a real estate attorney required?
Real estate attorneys are not considered essential for closing in the state of Wisconsin.
Real estate transfer taxes?
In Wisconsin, sellers are responsible for a real estate transfer fee (RETF) of $3 per $1,000 of value.
