How feasible is it to sell a Orlando house without the need of a real estate agent?
We can help if you really want to get rid of a house or investment property in Orlando without a realtor.
Our primary goal is to get you the most money possible so we prefer not to work with agents, but we will if it’s required.
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 your property for what’s left on the mortgage, then you will need to come out of pocket with the additional 6-9% needed to close. A lot of people , and in our opinion rightfully so, don’t think they should have to pay anything to sell a house. That’s definitely a lot 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 annoying realtor commissions.
First, there is an irritating custom that you have to know about.
In most real estate transactions in Orlando , approximately half of the 6-8% commission you pay as the seller goes to pay for the buyer’s broker.
Think about it…. how much sense does that make?Let it sink in, you are literally paying for the buyer’s agent to negotiate against you. Basically, you are negotiating against yourself. You are paying to lose cash.
Why in the world should you pay for your “opponent” ?
In truth, it goes against logic – it’s just what is commonly done in most cases.
You can use that to your advantage in several ways.
First, take into account the commissions paid when you happen to be looking at the comparable sales. If the houses comparable to yours sold for prices that included commissions, take that into account.
Please don’t under value your house – be aware that an intelligent buyer might possibly expect to receive a discount too. If you’re doing the work of one realtor, you can expect to keep that money.
Many times in Orlando , buyers who are not 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 real estate professionals bring their clients to see your property. Of course, it’s a lot of money. If you are pricing your property including that commission, you can always give a more beneficial deal for a purchaser who comes without a broker.
Having said that, if you do not leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Orlando .
– that is of transactions occur through the MLS , the Multiple Listing Service. It is the main database that all the real estate brokers in Orlando use to gain access to 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 property or home on the MLS. Now in Orlando , there are a few real estate brokers who will charge you a service charge just to list your property on the MLS. Typically, you spend a few hundred bucks and you only pay a commission if the sale closes.
Compared with the cost of a newspaper ad, the MLS is one of the cheapest ways to market your home to a very wide audience.
Many of the important real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. receive data from the MLS. Chances are high that when you submit your listing in Orlando to the MLS, information on your house will end up on most of the major internet sites within two or three days.
Each of those sites sells ads. They’ve got packages that let you pay to enrich 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 property.
Advertising is really a gamble. Sometimes open houses in Orlando can be a wonderful way to sell a house, and many times they’re a complete waste of time. Same with newspaper ads, craigslist posts, fancy signs – occasionally they work, and oftentimes they don’t.
To successfully sell your house all by yourself, you have to market it well.
Taping fliers and signs around your local community can generate a handful of calls, and there are a lot of free web-sites where you can post information. But typically just putting up ads and hosting an open house isn’t nearly enough if your property doesn’t appeal to the standard home purchaser.
In theory, real estate brokers charge sizeable commissions because they have to spend a good deal of money up front to publicize your property. By advertising lots of houses at once, they expect to get more calls – and obviously, they’ll make good profits by selling lots of properties.
Selling houses is a numbers game. You have to go through a certain number of no’s before the right buyer comes by and you get a yes. Think Goldilocks… Your buyer is Goldilocks and your property has to be just right.
If you want to avoid paying any kind of commissions, you can also sell your house to investors like us for CASH.
Glymph Properties offers fair prices for houses – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll purchase Orlando properties, renovate them, then rent them out… 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 Orlando .
We’re investors who care a lot about Orlando .
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 Orlando House Fast – We Buy Houses…Get A Cash Offer Today
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