I really don’t want to pay a real estate agent… Is it still possible to get rid of our Chicago home?

I really don’t want to pay a real estate agent… Is it still possible to get rid of our Chicago home?

 I really don't want to pay a real estate agent... Is it still possible to get rid of our Chicago home?

We could certainly help if you have to sell your house or investment property in Chicago without an agent.

In order to help you fulfill your end goal of getting rid of your house, we will work with a real estate broker to get the job done for you.

I mean really…. who wants to give away 5-6%. That’s 5-6% of the sales price as well, not 5-6% of any money you make. So… if you succeed in selling the property for your balance, then you’ll need to write a check for 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 their property or home. That is 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 and science to avoiding those bothersome realtor commissions.

Before we get going, there’s one thing you have to know.

 

In most cases in Illinois 1/2 of the 6-8% commission you pay as the seller goes to the buyer’s agent.

 

Doesn’t make much sense, right?Mull it over, you are literally paying for the buyer’s agent to negotiate against you. In essence, you are negotiating against yourself. You are paying to lose cash.

 

Why should you pay for the agent on the other side of the table?

In all honesty, it goes against reason – it’s just what is normally done in most cases.

You can use that to your benefit in a number of ways.

First, take into account the commissions paid when you happen to be looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.

 

Never under price your property or home – be aware that an informed buyer could possibly expect to have a discount too. If you are doing the work of one agent, you should expect to save that money.

 

In many instances in Chicago , buyers who aren’t represented by an agent will not remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you do not want to pay them. Just don’t be surprised if it comes up during the negotiation.

 

You may choose to consider offering 2.5% to real estate professionals who will bring their clients to show your property or home. Sure, it’s a lot of money. If you are pricing your house including that commission, you can always hammer out a far better deal for a purchaser who comes without a realtor.

Having said that, if you do not leave room for the buyer’s agent’s commission, will be excluding most of the buyers in the market in Chicago .

Almost all real estate transactions occur through the MLS ( Multiple Listing Service). It is the main database that all the real estate agents in Chicago use to obtain information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.

At one time, you had to pay a full commission to get your property or home on the MLS. Now in Chicago , there are a few real estate agents who will charge you a flat fee just to list your property on the MLS. Usually, you spend a few hundred bucks and you only pay commission if the sale closes.

Compared with the cost of a newspaper ad, the MLS is one of the cheapest ways to market your property or home to the largest audience.

 

Each of the key real estate web sites like Realtor.com, Zillow, Yahoo Homes, etc. acquire data from the MLS. Chances are really good that when you submit your house in Chicago to the MLS, information on your property or home will end up on most of the major web sites within several days.

 

Each of these sites sells ads. They have packages that let you pay to boost 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 could be a gamble. At times open houses in Chicago can be a excellent way to sell a property, and from time to time they’re a waste of time. It’s exactly the same with newspaper ads, craigslist posts, Fancy For Sale By Owner signs – occasionally they work, and many times they don’t.

To efficiently sell your home all on your own, you have to advertise it well.

Positioning fliers and signs around your area can generate a number of calls, and there’s a lot of free web-sites where you can post information. But generally just posting advertisements and hosting an open house is not enough if your house does not appeal to the ordinary home shopper.

 

In theory, real estate professionals charge significant commissions because they have to spend a whole lot of money up front to market your home. By promoting lots of houses at once, they expect to get more calls – and obviously, they’ll make good profits by selling lots of properties.

Certain properties might possibly 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 offers fair prices for houses – and we can close fast (in as little as 3-5 days if you need to).

Sometimes we’ll buy Chicago 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 Chicago .

We’re investors who care a lot about Chicago .

 

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 Chicago House Fast – We Buy Houses…Get A Cash Offer Today

 

We’re happy to help you find answers to your toughest questions about your Chicago real estate, so please feel free to call us at 888-509-6267 Ext 4 and chat with us anytime.

 

Fill out this form or give us a call anytime at 888-509-6267 Ext 4 for a Fair Cash Offer
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Free seller resources!

www.gpbuyshomes.com/blog

We are interested in purchasing houses in: 60018, 60601, 60602, 60603, 60604, 60605, 60606, 60607, 60608, 60609, 60610, 60611, 60612, 60613, 60614, 60615, 60616, 60617, 60618, 60619, 60620, 60621, 60622, 60623, 60624, 60625, 60626, 60628, 60629, 60630, 60631, 60632, 60633, 60634, 60636, 60637, 60638, 60639, 60640, 60641, 60642, 60643, 60644, 60645, 60646, 60647, 60649, 60651, 60652, 60653, 60654, 60655, 60656, 60657, 60659, 60660, 60661.

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Are you looking to find other properties to invest in… visit our investor website or give us a call anytime at [cinvestphone] for a Fair Cash Offer
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Are you looking for rent to own properties… visit our rent-to-own website or give us a call anytime at [crentphone] for a Fair Cash Offer
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