Seeking to sell a Newark property without having a broker?

Seeking to sell a Newark property without having a broker?

 Seeking to sell a Newark property without having a broker?

We will buy your Newark property without charging real estate broker commissions.

 

Though we do cooperate with brokers, typically it’s best to try to avoid paying people to be in the midst.

I mean really…. who wants to pay 5-6%. That’s 5-6% of the sales price as well, not 5-6% of any money you make. So… if you accomplish your goal of selling your property for what is left on the mortgage, then you will need to write a check for the additional 6-9% needed to close. A lot of folks , and in our opinion rightfully so, don’t think they should have to pay anything to sell a house. That is a lot of money… especially if you are in an unusual 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 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 New Jersey 1/2 of the 6-8% commission you pay as the seller goes to the buyer’s agent.

Think about it…. how does that make sense?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 lose cash.

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

 

Seriously, it contradicts reason – it is just what’s traditionally done in most cases.

 

You can use that to your benefit in several ways.

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

Be careful, don’t under price your property or home – be aware that an experienced buyer will probably expect to get a discount too. If you’re doing the work of one agent, you can expect to keep that money.

Most of the time in Newark , buyers who aren’t represented by a buyers agent will not remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you don’t want to pay them. Just don’t be surprised if it comes up during the negotiation.

You may want to consider offering 2.5% to real estate professionals who will bring their clients to show your house. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always work out 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 may cut your pool of prospective buyers to next to nothing.

90 % of transactions happen through the MLS – that is the Multiple Listing Service. It is the main database that all the real estate agents in Newark use to find information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.

 

Once upon a time, you had to pay a full commission to get your house on the MLS. Now in Newark , there are a few agents who will charge you a service charge just to list your property on the MLS. Generally, you spend a few hundred dollars and you only pay a 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 the largest audience.

 

Most of the big real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. use data from the MLS. Chances are really good that when you submit your house in Newark to the MLS, information on your house will end up on most of the major online websites within days.

Each of these 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. Occasionally open houses in Newark can be a good way to sell property, and at times they are a complete waste of time. It’s exactly the same with newspaper ads, craigslist postings, Fancy For Sale By Owner signs – sometimes they work, and quite often they don’t.

To successfully sell your home without any help, you have to market it well.

Taping fliers and signs around your community can generate a few calls, and there are a lot of free websites where you can post information. But usually just posting flyers and having an open house is not enough if your property doesn’t 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 property. 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 home 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 give fair prices for houses – and we can close fast (in as little as 3-5 days if you need to).

Sometimes we’ll buy Newark houses, 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 Newark .

Glymph Properties invests because we care a lot about Newark .

 

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

 

We’re happy to help you find answers to your toughest questions about your Newark 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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Free seller resources!
www.gpbuyshomes.com/blog

We are interested in purchasing properties in: 07101, 07102, 07103, 07104, 07105, 07106, 07107, 07108, 07111, 07112, 07114, 07199.

 

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