Looking to get rid of my Lubbock house without having a realtor?
If you’re wanting to get rid of any property or investment property in Lubbock without using a broker, Glymph Properties can help.
Our primary goal is 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 away 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 house for what you owe, then you’ll need to write a check for the additional 6-9% needed to close. A lot of folks cannot afford to pay to get rid of a property. That’s a ton of money… especially if you are in an abnormal 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 on your sale.
First, there is an irritating custom that you have to hear about.
In most cases in Texas half of the 6-8% commission you pay as the seller goes to the buyer’s realtor.
Think about it…. how much sense does that make?Mull it over, you are literally paying for the buyer’s agent to negotiate against you. In essence, you are negotiating against yourself. You are paying to lose money.
Why in the world should you pay for your “opponent” ?
In all honesty, it goes against reason – it’s just what’s normally done in most cases.
You can use that to your advantage in several ways.
First, remember to include the commissions paid when you happen to be looking at local comparable sales. If the houses similar to yours sold for prices that included commissions, take that into account.
Never under price your property or home – be aware that an informed buyer could possibly expect to have a discount too. If you’re doing the work of one agent, you should expect to keep that money.
In many instances in Lubbock , 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 choose to consider offering 2.5% to buyer’s agents who will bring their clients to see your property or home. Sure, it is a lot of money. If you are pricing your house including that commission, you can always hammer out a far better deal for a purchaser who comes without a realtor.
On the other hand, if you do not leave room for the buyer’s agent’s commission, will be excluding most of the buyers in the market in Lubbock .
90 % of transactions occur through the MLS – that’s the Multiple Listing Service. It’s the main database that all the real estate agents in Lubbock use to obtain information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.
At one time, you had to pay a full commission to get your property or home on the MLS. Now in Lubbock , there are a few real estate agents who will charge you a flat fee just to list your property on the MLS. Usually, you spend a few hundred dollars and you only pay a commission if the sale closes.
Compared with the cost of a newspaper ad, the MLS is one of the cheapest ways to market your property or home to the largest audience.
Each of the key real estate web sites like Realtor.com, Zillow, Yahoo Homes, etc. acquire data from the MLS. Chances are really good that when you submit your house in Lubbock to the MLS, information on your property or home will end up on most of the major web sites within several days.
Each of those sites sells ads. They have packages that let you pay to boost 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 could be a gamble. At times open houses in Lubbock can be a excellent way to sell a property, and from time to time they’re a waste of time. It is the same with newspaper ads, craigslist posts, Fancy For Sale By Owner signs – occasionally they work, and many times they don’t.
To efficiently sell your home all on your own, you have to market it well.
Positioning fliers and signs around your area can generate a number of calls, and there’s a lot of free web-sites where you can post information. But generally just posting advertisements and having an open house is not enough if your property doesn’t appeal to the ordinary home shopper.
In theory, real estate professionals charge significant commissions because they have to spend a whole lot of money up front to market your home. By promoting lots of houses at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of houses.
Some properties may very well 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 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 buy Lubbock 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 Lubbock .
Glymph Properties invests because we care a lot about Lubbock .
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 Lubbock House Fast – We Buy Houses…Get A Cash Offer Today
We’re happy to help you find answers to your toughest questions about your Lubbock 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
We are interested in buying properties within 50 miles of the following zip codes: 79401, 79403, 79404, 79407, 79410, 79411, 79412, 79413, 79414, 79415, 79416, 79423, 79424.
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