Is it easy to get rid of a Chicago house without a real estate agent?

Is it easy to get rid of a Chicago house without a real estate agent?

 

 Is it easy to get rid of a Chicago house without a real estate agent?

 

We will help if you really have to sell a residence or investment property in Chicago without an agent.

Glymph Properties aims to get you the most money possible so we prefer not to work with realtors, 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 property for what you owe, then you’ll need to write a check for the additional 6-9% needed to close. Some people aren’t able to afford to pay to sell their property or home. That is a ton of money… especially if you are in an unusual 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.

There are a few tricks to avoid paying high commissions in a sale.

First, there is a tricky custom that you’ve gotta hear about.

In most sales in Chicago , usually 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 lower the sales price of your house.

 

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

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

 

You can use that to your benefit in several ways.

First, take into account the commissions paid when you happen to be looking at local comparable sales. If the houses comparable 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 are doing the work of one realtor, you can expect to keep that money.

 

Many times in Chicago , 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 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 consider offering 2.5% to have agents bring their clients to check out your house. Sure, it is a lot of money. If you’re pricing your house including that commission, you can always give a more beneficial deal for a purchaser who comes without a broker.

Conversely, if you do not leave room for the buyer’s realtor’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 brokers in Chicago 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 house on the MLS. Now in Chicago , there are a few real estate brokers who will charge you a flat fee just to list your property on the MLS. Typically, you spend a few hundred bucks and you only pay commission if you sale your house.

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 websites like Realtor.com, Zillow, Yahoo Homes, etc. receive data from the MLS. Chances are high that when you submit your listing in Chicago 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’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. Occasionally open houses in Chicago can be a wonderful way to sell property, and many times they are a complete waste of time. Same with newspaper ads, craigslist postings, Fancy For Sale By Owner signs – sometimes they work, and oftentimes they don’t.

To successfully sell your home 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’s a lot of free web sites where you can post information. But typically just posting flyers and having an open house is not enough if your property doesn’t appeal to the standard home buyer.

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 properties at once, they expect to get more calls – and obviously, they’ll make good profits by selling lots of properties.

 

Some properties may 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 commissions, you can also sell your house to investors like us for CASH.

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

 

Sometimes we’ll purchase Chicago 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 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!
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We are interested in acquiring 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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