Seeking to get rid of a Fort Wayne house without the need of a real estate agent?
If you happen to be wanting to sell a house or investment property in Fort Wayne without using a real estate broker, we can help.
In order to help you accomplish your objective of getting rid of your property or home, Glymph Properties will work with a broker 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 in your sale.
Before we get going, there’s one thing you have to know.
In most cases in Indiana 1/2 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?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 goes against logic – it is just what’s traditionally done.
Here are a few ways you can use that to your advantage.
First, factor in the commissions paid when you’re looking at local 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 – be aware that an experienced buyer will probably expect to take a discount too. If you are doing the work of one agent, you can expect to save that money.
Most of the time in Fort Wayne , buyers who aren’t 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 have agents bring their clients to check out your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate 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 are likely to 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 agents in Fort Wayne use to find 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 on the MLS. Now in Fort Wayne , there are a few brokers who will charge you a fee just to list your property on the MLS. Generally, you spend a few hundred dollars and you only pay commission if you sale your property.
Compared to the cost of a newspaper ad, the MLS is one of the cheapest ways to market your property to a very wide audience.
Most of the big real estate web sites like Realtor.com, Zillow, Yahoo Homes, etc. use data from the MLS. Chances are high that when you submit your house in Fort Wayne to the MLS, information on your property will end up on most of the major online websites within days.
Each of those sites sells ads. They have 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. Sometimes open houses in Fort Wayne can be a good way to sell a house, and from time to time they are a waste of time. Same with newspaper ads, craigslist posts, FSBO (For Sale By Owner) signs – occasionally they work, and quite often they don’t.
To effectively sell your house without any help, you have to market it well.
Putting fliers and signs around your community can generate a number of calls, and there are a lot of free websites where you can post information. But usually just putting up flyers and having an open house isn’t nearly enough if your house does not appeal to the everyday home shopper.
In theory, real estate brokers charge considerable commissions because they have to spend a ton of money up front to advertise your home. By marketing lots of properties at once, they expect to get more phone 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.
Glymph Properties presents fair prices for houses – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll buy Fort Wayne 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 Fort Wayne .
Glymph Properties invests because we care a lot about Fort Wayne .
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 Fort Wayne House Fast – We Buy Houses…Get A Cash Offer Today
We’re happy to help you find answers to your toughest questions about your Fort Wayne real estate, so please feel free to call us at 888-509-6267 Ext 4 and chat with us anytime.
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