I really, really don’t want to use a realtor… Is it still doable to get rid of my Boise house?
Glymph Properties may help if you have to sell your residence or investment property in Boise without a broker.
Our primary goal is to get you the most money possible so we prefer not to work with real estate brokers, but we will if it’s required.
After all, paying 5-6% of the sale of a property in a commission is a great deal of money. In certain situations, brokers and real estate agents can be very useful and earn their commission. Not always.
The art to avoiding those pesky realtor commissions.
Before we get going, there’s one thing you have to know.
In most cases in Idaho half of the 6-8% commission you pay as the seller goes directly to the buyer’s real estate agent.
Doesn’t make much sense, right?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.
How in the world does it make sense for you to do that?
Seriously, it goes against logic – it’s just what is traditionally done in most cases.
Here are a few ways you can benefit from that.
First, take into account 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 value your property or home – be aware that an experienced buyer will probably expect to have a discount too. If you are doing the work of one agent, you should expect to save that money.
Most of the time in Boise , buyers who are not represented by an agent will not remember to negotiate the buyer’s side commission out of the price for themselves, so do not remind them if you don’t want to pay them. Just don’t be surprised if it comes up during the negotiation.
You may consider offering 2.5% to real estate brokers who will bring their clients to see your house. Of course, it is a lot of money. If you’re pricing your house including that commission, you can always work out 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 may cut your pool of prospective buyers to just about nothing.
90 % of transactions occur through the MLS , the Multiple Listing Service. It’s the main database that all the real estate brokers in Boise use to find information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.
Not so long ago, you had to pay a full commission to get your property on the MLS. Now in Boise , 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 bucks and you only pay a commission if the sale closes.
Compared to the cost of a newspaper ad, the MLS is a cheap way to market your home to the largest audience.
Most of the big real estate web sites like Realtor.com, Zillow, Yahoo Homes, etc. use data from the MLS. Chances are really good that when you submit your property in Boise to the MLS, information on your property or home 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 can be a gamble. Sometimes open houses in Boise can be a good way to sell a property, and from time to time they are a complete waste of time. It’s the exact same with newspaper ads, craigslist postings, Fancy For Sale By Owner signs – from time to time they work, and quite often they don’t.
To effectively sell your house without any help, you have to market it well.
Taping fliers and signs around your neighborhood 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 hosting an open house isn’t nearly enough if your property does not appeal to the everyday home shopper.
In theory, realtors charge considerable commissions because they have to spend a ton of money up front to market your home. By marketing lots of properties at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of properties.
Certain properties may very well require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call.
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 houses – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll buy Boise 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 Boise .
We’re investors who care a lot about Boise .
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 Boise House Fast – We Buy Houses…Get A Cash Offer Today
We’re happy to help you find answers to your toughest questions about your Boise real estate, so please feel free to call us at 888-509-6267 Ext 4 and chat with us anytime.
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