Is it plausible to get rid of your Nashville house without a real estate professional?

Is it plausible to get rid of your Nashville house without a real estate professional?

 

 Is it plausible to get rid of your Nashville house without a real estate professional?

If you are wanting to get rid of a home or investment property in Nashville without using a broker, Glymph Properties can help.

 

Even though we do cooperate with real estate agents, sometimes it’s best to stay away from paying someone to be in the middle.

 

After all, paying 5-6% of the sale of a house 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.

There are a couple of tricks to avoid paying high commissions on a sale.

First, there’s an irritating custom that you’ve gotta know about.

In most cases in Tennessee half of the 6-8% commission you pay as the seller goes to the buyer’s agent.

 

Think about it…. how does that make sense?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 property.

 

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

 

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

 

You can use that to your advantage in several ways.

First, factor in the commissions paid when you happen to be looking at local comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.

 

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

Many times in Nashville, 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 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 buyer’s agents 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 the buyer’s agent fee and decide not to offer to pay it, you may cut your pool of prospective buyers to next to nothing.

 

– that is of transactions happen through the MLS , the Multiple Listing Service. It is the main database that all the real estate brokers in Nashville 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 Nashville, 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 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.

 

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 property in Nashville 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 these 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 property.

Advertising and marketing is really a gamble. At times open houses in Nashville can be a wonderful way to sell property, and many times they’re a waste of time. It’s exactly the same with newspaper ads, craigslist posts, Fancy For Sale By Owner signs – sometimes they work, and oftentimes they don’t.

 

To efficiently sell your home all by yourself, you have to market it well.

Taping fliers and signs around your local community can generate a handful of calls, and there’s a lot of free websites where you can post information. But typically just putting up flyers and having an open house isn’t nearly enough if your house 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 home. By promoting lots of properties at once, they expect to get more 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.

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

Sometimes we’ll purchase Nashville 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 Nashville.

We’re investors who care a lot about Nashville.

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

 

We’re happy to help you find answers to your toughest questions about your Nashville 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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We buy real estate in: 37013, 37072, 37076, 37080, 37115, 37138, 37189, 37201, 37203, 37204, 37205, 37206, 37207, 37208, 37209, 37210, 37211, 37212, 37213, 37214, 37216, 37217, 37218, 37219, 37221, 37228.

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