Is it easy to get rid of a Minneapolis home without a real estate agent?

Is it easy to get rid of a Minneapolis home without a real estate agent?

 Is it easy to get rid of a Minneapolis home without a real estate agent?

 

If you are looking to sell any property or investment property in Minneapolis without using a realtor, we can help.

 

In an attempt to get you the most money possible so we prefer not to work with real estate agents, but we will if it’s required.

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

 

There are a number of ways to avoid paying high commissions on a sale.

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

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

 

Did that little tid-bit register… you are paying for your buyer’s realtor .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 lower the sales price of your house.

 

How in the world does it make sense for you to do that?

Seriously, it contradicts logic – it’s just what is traditionally done.

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

 

First, factor in the commissions paid when you are looking at the comparable sales. If the properties 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 take a discount too. If you’re doing the work of one agent, you can expect to keep that money.

 

Most of the time in Minneapolis , 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 have real estate agents bring their clients to see your house. Of course, it is a lot of money. If you are pricing your property including that commission, you can always work out a more advantageous deal for a purchaser who comes without a realtor.

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

 

Almost all real estate transactions occur through the MLS ( Multiple Listing Service). It’s the main database that all the real estate brokers in Minneapolis 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 Minneapolis , there are a few brokers who will charge you a flat fee just to list your property on the MLS. Generally, you spend a few hundred bucks and you only pay commission if the sale closes.

Compared to the cost of a newspaper ad, the MLS is a cheap way to market your house to the largest audience.

Most of the big real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. use data from the MLS. Chances are good that when you submit your property in Minneapolis 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’ve got 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 property.

Advertising and marketing can be a gamble. Occasionally open houses in Minneapolis can be a good way to sell a house, and at times they are a waste of time. Same with newspaper ads, craigslist postings, Fancy For Sale By Owner signs – occasionally they work, and quite often they don’t.

 

To successfully sell your house without any help, you have to advertise it well.

Putting fliers and signs around your area can generate some calls, and there are a lot of free web sites where you can post information. But usually just posting advertisements and having an open house is not enough if your house doesn’t appeal to the everyday home purchaser.

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

 

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

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

 

Sometimes we’ll purchase Minneapolis properties, fix them up, 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 Minneapolis .

 

We’re investors who care a lot about Minneapolis .

 

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

 

We’re happy to help you find answers to your toughest questions about your Minneapolis 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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Check out our articles to educate sellers!
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We are interested in purchasing properties in: 55401, 55403, 55404, 55405, 55406, 55407, 55408, 55409, 55410, 55411, 55412, 55413, 55414, 55415, 55417, 55418, 55419, 55454.

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