Is it possible to get rid of your property without a real estate professional?
If you’re hoping to get rid of any home or investment property in without using a broker, we can help.
In order to help you accomplish your goal of getting rid of your property or home, we will work with anyone to get the job done for you.
After all, paying 5-6% of the sale of a house 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.
There are a number of ways to avoid paying high commissions on your sale.
Before we get going, there’s one thing you have to know.
In most sales in , usually half of the 6-8% commission you pay as the seller goes to pay for the buyer’s broker.
Think about it…. how much sense does that make?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 in the world would you pay for your “opponent” ?
In truth, it goes against reason – it’s just what’s commonly done in most cases.
You can use that to your benefit in a number of ways.
First, remember to consider the commissions paid when you are looking at the 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 or home – 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 keep that money.
Many times in , buyers who aren’t 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 realtors who will bring their clients to see your house. Sure, it’s 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.
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 are likely to cut your pool of prospective buyers to virtually nothing.
, of transactions take place through the MLS – that’s the Multiple Listing Service. It is the main database that all the real estate brokers in 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 or home on the MLS. Now in , 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 bucks and you only pay a 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 a very wide 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 to the MLS, information on your property 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 can be a wonderful way to sell a house, and many times they are a complete waste of time. It’s exactly the same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and oftentimes they don’t.
To effectively 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 advertisements 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 house. 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 property 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.
We give fair prices for houses – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll purchase 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 .
We’re investors who care a lot about .
We close fast and can pay cash in as little as just 3-5 days. Give us a call now at or fill out the short form over here.
Sell Your House Fast – We Buy Houses…Get A Cash Offer Today
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