How do I sell a house without an agent in Las Vegas ?
Glymph Properties may help if you really want to get rid of your home or investment property in Las Vegas without a real estate agent.
In order to help you accomplish your mission of getting rid of your property or home, Glymph Properties will work with anybody to get the job done for you.
I mean really…. who wants to pay 5-6%. That’s 5-6% of the sales price as well, not 5-6% of any money you make. So… if you accomplish your goal of selling the house for your balance, then you’ll need to come out of pocket with the additional 6-9% needed to close. Many people won’t be able to afford the costs of selling their property. That’s a ton of money… especially if you are in an abnormal financial situation like “hey I just don’t want to pay to sell my house” or divorce, or bankruptcy, or foreclosure, or just money being tight because of taxes, tenant, or property expenses.
The art to avoiding those pesky realtor commissions.
First, there is a tricky custom that you’ve gotta know about.
In most cases in Nevada 1/2 of the 6-8% commission you pay as the seller goes to the buyer’s real estate broker.
Think about it…. how much sense does that make?Give it a second- let it really sink in, you are literally paying for the buyer’s agent to negotiate against you. Simply, you are negotiating against yourself. You are paying to lose money.
Why in the world would you pay for your “opponent” ?
Seriously, it defies reason – it’s just what’s traditionally done.
Here are a few ways you can benefit from that.
First, remember to include the commissions paid when you are looking at local comparable sales. If the houses similar to yours sold for prices that included commissions, take that into account.
Be careful, don’t under price your house – be aware that an experienced buyer will probably expect to take a discount too. If you are doing the work of one agent, you should expect to save that money.
Most of the time in Las Vegas , buyers who aren’t represented by an agent won’t remember to negotiate the buyer’s side commission out of the price for themselves, so do not remind them if you do not want to pay them. Just don’t be surprised if it comes up during the negotiation.
You may consider offering 2.5% to have brokers bring their clients to check out your house. Sure, it is a lot of money. If you’re pricing your house including that commission, you can always negotiate a more advantageous deal for a purchaser who comes without a broker.
Now, if you really don’t like the idea of paying the buyer’s agent fee and decide not to offer to pay it, you are likely to cut your pool of prospective buyers to virtually nothing.
Almost all real estate transactions occur through the MLS ( Multiple Listing Service). It’s the main database that all the real estate brokers in Las Vegas use to find information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.
In the past, you had to pay a full commission to get your house on the MLS. Now in Las Vegas , there are a few real estate agents who will charge you a service charge just to list your property on the MLS. Generally, you spend a few hundred dollars and you only pay a commission if you sale your house.
Compared with the cost of a newspaper ad, the MLS is a cheap way to market your home to a very wide audience.
Most of the big real estate websites like Realtor.com, Zillow, Yahoo Homes, etc. use data from the MLS. Chances are really good that when you submit your house in Las Vegas to the MLS, information on your house will end up on most of the major online websites within days.
Each of those sites sells ads. They have packages that let you pay to greatly enhance your listing, feature it at the top of the search, and a lot of other bells and whistles that might or might not get an interested buyer to buy your house.
Advertising and marketing can be a gamble. Sometimes open houses in Las Vegas can be a good way to sell a property, and sometimes they are a waste of time. Same with newspaper ads, craigslist postings, fancy signs – from time to time they work, and quite often they don’t.
To effectively sell your home without any help, you have to market it well.
Putting fliers and signs around your community can generate some calls, and there’s a lot of free web-sites where you can post information. But usually just putting up flyers and having an open house is not enough if your house does not appeal to the everyday home shopper.
In theory, real estate brokers charge considerable commissions because they have to spend a ton of money up front to publicize your house. By promoting lots of houses at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of properties.
Certain properties can require thousands of dollars in marketing expenses before the right buyer happens to see the ad and call.
If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH.
Glymph Properties presents fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll purchase Las Vegas properties, renovate them, then lease them… sometimes we’ll fix them up and sell them to other people looking for great homes in the area, and a lot of other reasons, too – but we love to hear from people like you who are thinking of selling anywhere in Las Vegas .
We’re investors who care a lot about Las Vegas .
We close fast and can pay cash in as little as just 3-5 days. Give us a call now at 888-509-6267 Ext 4 or fill out the short form over here .
Sell Your Las Vegas House Fast – We Buy Houses…Get A Cash Offer Today
We’re happy to help you find answers to your toughest questions about your Las Vegas real estate, so please feel free to call us at 888-509-6267 Ext 4 and chat with us anytime.
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