Seeking to sell my Los Angeles house without a real estate agent?

Seeking to sell my Los Angeles house without a real estate agent?

 

Seeking to sell my Los Angeles house without a real estate agent? - we buy any house

 

Needing to avoid realtor commissions and still sell a Los Angeles house…. Glymph Properties can help!

 

In an attempt to get you the most money possible so we prefer not to work with realtors, but we will if need be.

 

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 property for what’s left on the mortgage, then you need to write a check for the additional 6-9% needed to close. Some people simply cannot afford to pay to sell their property. That is definitely a ton 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 couple of ways to avoid paying high commissions on a sale.

Before we get going, there’s one basic real estate norm you have to know about.

In most house sales in Los Angeles , roughly 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 house.

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

In truth, it goes against reason – it’s just what is commonly done.

You can use that to your benefit in a few ways.

First, remember to consider the commissions paid when you’re looking at local comparable sales. If the houses similar to yours sold for prices that included commissions, take that into account.

 

Please don’t under price your property – be aware that an intelligent buyer might possibly expect to receive a discount too. If you are doing the work of one realtor, you could expect to save that money.

 

Many times in Los Angeles , 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 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 consider offering 2.5% to have agents bring their clients to check out your property. Sure, it’s a lot of money. If you are pricing your property including that commission, you can always give a more beneficial deal for a purchaser who comes without a broker.

 

Conversely, if you do not leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Los Angeles .

 

90 % of transactions occur through the MLS , the Multiple Listing Service. It is the main database that all the real estate brokers in Los Angeles 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 house on the MLS. Now in Los Angeles , there are a few real estate brokers who will charge you a flat fee just to list your property on the MLS. Typically, you spend a few hundred bucks and you only pay commission if the sale closes.

 

Compared to the cost of a newspaper ad, the MLS is one of the cheapest ways to market your home to the largest 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 Los Angeles to the MLS, information on your property or home will end up on most of the major internet sites within two or three days.

Each of those sites sells ads. They’ve got 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 house.

Advertising is really a gamble. Occasionally open houses in Los Angeles can be a wonderful way to sell property, and many times they’re a waste of time. It is the exact same with newspaper ads, craigslist posts, fancy signs – sometimes they work, and oftentimes they don’t.

To efficiently sell your house 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 ads and hosting an open house is not enough if your property does not appeal to the standard home shopper.

 

In theory, real estate brokers charge sizeable commissions because they have to spend a good deal of money up front to publicize your property. 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.

Some properties will probably require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call.

If you want to avoid paying any kind of commissions, you can also sell your house to investors like us for CASH.

Glymph Properties offers you fair prices for houses – and we can close fast (in as little as 3-5 days if you need to).

 

Sometimes we’ll purchase Los Angeles 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 Los Angeles .

We’re investors who care a lot about Los Angeles .

 

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

 

We’re happy to help you find answers to your toughest questions about your Los Angeles 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

Visit our website  See how we buy houses fast!

Check out our articles to educate sellers!
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