I really don’t want to use a realtor… Can I still sell my own Albuquerque house?
If you happen to be attempting to get rid of any house or investment property in Albuquerque without using an agent, Glymph Properties can help.
Our primary goal is to get you the most money possible so we prefer not to work with brokers, but we will if it’s required.
I mean really…. who wants to give up 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 house for what is left on the mortgage, then you will need to write a check for the additional 6-9% needed to close. A lot of folks cannot afford the costs of selling their property or home. 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 bothersome realtor commissions.
Before we get going, there’s one thing you have to know.
In most cases in New Mexico half of the 6-8% commission you pay as the seller goes to the buyer’s broker.
Did that little tid-bit register… you are paying for your buyer’s realtor .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 money.
Why should you pay for the agent on the other side of the table?
In all honesty, it goes against reason – it is just what is normally 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 local comparable sales. If the houses similar to yours sold for prices that included commissions, take that into account.
Never under value 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 Albuquerque , 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 choose to consider offering 2.5% to have real estate professionals bring their clients to check out your property or home. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always hammer out a far better deal for a purchaser who comes without a realtor.
On the flip side, if you do not leave room for the buyer’s agent’s commission, will be excluding most of the buyers in the market in Albuquerque .
– that’s of transactions happen through the MLS , the Multiple Listing Service. It is the main database that all the real estate agents in Albuquerque 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 Albuquerque , 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 a cheap way 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 Albuquerque 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’ve got 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 Albuquerque can be a excellent way to sell a property, and from time to time they’re a waste of time. Same with newspaper ads, craigslist postings, 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 putting up 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 phone calls – and obviously, they’ll make good profits by selling lots of properties.
Selling properties 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 house 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.
We present fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll buy Albuquerque properties, fix them up, 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 Albuquerque .
Glymph Properties invests because we care a lot about Albuquerque .
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 Albuquerque House Fast – We Buy Houses…Get A Cash Offer Today
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