Intending to get rid of my New York City property without the need of a broker?

Intending to get rid of my New York City property without the need of a broker?

 

 Intending to get rid of my New York City property without the need of a broker?

Glymph Properties will definitely buy your New York City home without charging real estate broker commissions.

 

Whilst we do cooperate with brokers, many times it’s best to stay away from paying a person to be in the midst.

After all, paying 5-6% of the sale of a property in a commission is a good deal of money. In certain situations, brokers and real estate agents can be very useful and earn their commission. Not always.

 

The art and science to avoiding those annoying realtor commissions.

Before we get going, there’s one basic real estate norm you have to know about.

 

In most house sales in New York City , generally half of the 6-8% commission you pay as the seller goes to pay for the buyer’s broker.

 

Doesn’t make much sense, right?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 money.

 

Why in the world should you pay for your “opponent” ?

In truth, it goes against logic – it is just what is commonly done.

You can use that to your advantage in a few ways.

 

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

 

Please don’t under value your property – be aware that an intelligent buyer might possibly expect to receive a discount too. If you’re doing the work of one realtor, you should expect to keep that money.

Many times in New York City , buyers who are not represented by a buyers agent will not 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 real estate professionals who will bring their clients to see your house. Sure, it’s a lot of money. If you are pricing your house including that commission, you can always give a more beneficial deal for a purchaser who comes without a broker.

Now, if you really don’t like the idea of paying for a buyer’s agent and decide not to offer to include it, you are likely to cut your pool of prospective buyers to virtually nothing.

– that’s of transactions happen through the MLS , the Multiple Listing Service. It is the main database that all the real estate brokers in New York City 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 on the MLS. Now in New York City , there are a few real estate brokers who will charge you a fee just to list your property on the MLS. Typically, you spend a few hundred dollars and you only pay a commission if you sale your property.

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

 

Many of the important real estate web sites like Realtor.com, Zillow, Yahoo Homes, etc. receive data from the MLS. Chances are high that when you submit your property in New York City to the MLS, information on your property or home will end up on most of the major internet sites within two or three days.

Each of those sites sells ads. They have 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 house.

Advertising and marketing is really a gamble. Sometimes open houses in New York City can be a wonderful way to sell property, and many times they are a complete waste of time. Same with newspaper ads, craigslist posts, fancy signs – from time to time they work, and oftentimes they don’t.

To efficiently sell your property all by yourself, you have to advertise 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 advertisements and having an open house isn’t nearly enough if your house 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 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 houses.

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

Sometimes we’ll purchase New York City 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 New York City .

 

Glymph Properties invests because we care a lot about New York City .

 

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 New York City House Fast – We Buy Houses…Get A Cash Offer Today

 

We’re happy to help you find answers to your toughest questions about your New York City 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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