Planning to get rid of a Oakland property without an agent?
Glymph Properties will buy your Oakland property without charging broker commissions.
While we do cooperate with agents, generally we strongly recommend that you keep from paying a person to be in the middle.
After all, paying 5-6% of the sale of a property in a commission is a bunch of money. In certain situations, brokers and real estate agents can be very useful and earn their commission. Not always.
The art to avoiding those annoying realtor commissions.
Before we get going, there’s one basic real estate custom you have to know about.
In most cases in California half of the 6-8% commission you pay as the seller goes to the buyer’s agent.
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 cash.
How in the world does it make sense for you to do that?
In all honesty, it goes against reason – it’s just what is normally done.
You can use that to your benefit in a number of ways.
First, take into account the commissions paid when you happen to be looking at the 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 are doing the work of one realtor, you should expect to save that money.
In many instances in Oakland , buyers who are not represented by a buyers 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 choose to consider offering 2.5% to real estate professionals who will bring their clients to show your property or home. Sure, it’s a lot of money. If you are pricing your property including that commission, you can always hammer out a far better deal for a purchaser who comes without a realtor.
Having said that, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Oakland .
Almost all real estate transactions occur through the MLS ( Multiple Listing Service). It’s the main database that all the real estate agents in Oakland 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 Oakland , 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 bucks and you only pay commission if the sale closes.
Compared with the cost of a newspaper ad, the MLS is a cheap way 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 Oakland to the MLS, information on your property or home will end up on most of the major web sites within several days.
Each of these 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 Oakland can be a excellent way to sell a property, and from time to time they are a waste of time. It’s the exact 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 advertise it well.
Positioning fliers and signs around your area can generate a number of calls, and there are a lot of free web-sites where you can post information. But generally just posting advertisements and hosting an open house is not enough if your house does not 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 properties at once, they expect to get more calls – and obviously, they’ll make good profits by selling lots of houses.
Selling houses 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 commissions, you can also sell your house to investors like us for CASH.
We present fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll buy Oakland properties, renovate them, 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 Oakland .
Glymph Properties invests because we care a lot about Oakland .
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 Oakland House Fast – We Buy Houses…Get A Cash Offer Today
We’re happy to help you find answers to your toughest questions about your Oakland real estate, so please feel free to call us at 888-509-6267 Ext 4 and chat with us anytime.
We buy real estate in: 94601, 94602, 94603, 94605, 94606, 94607, 94610, 94611, 94612, 94613, 94619, 94621.
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