How easy is it to sell my Cincinnati home without a real estate professional?

How easy is it to sell my Cincinnati home without a real estate professional?

How easy is it to sell my Cincinnati home without a real estate professional?

Glymph Properties can certainly help if you really have to get rid of a residence or investment property in Cincinnati without a broker.

 

Despite the fact that we do cooperate with brokers, in many instances it’s best to steer clear of paying anyone 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 your balance, then you need to write a check for the additional 6-9% needed to close. A lot of people , and in our opinion rightfully so, don’t think they should have to pay anything to sell a property or home. That’s 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 couple of ways to avoid paying high commissions in a sale.

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

 

In most cases in Ohio half of the 6-8% commission you pay as the seller goes to 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 property.

 

Why in the world would you pay for your “opponent” ?

In truth, it contradicts logic – it’s just what is commonly done in most cases.

 

Here are a few ways you can benefit from that.

First, factor in the commissions paid when you are looking at the comparable sales. If the properties comparable 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 keep that money.

 

Many times in Cincinnati , 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 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 real estate professionals bring their clients to walk your house. Of course, it is a lot of money. If you are pricing your house including that commission, you can always give a more beneficial deal for a purchaser who comes without a broker.

 

Now, if you really don’t like the idea of paying the buyer’s agent commission and decide not to offer to pay it, you can expect to cut your pool of prospective buyers to next to nothing.

– that is of transactions happen through the MLS , the Multiple Listing Service. It is the main database that all the real estate brokers in Cincinnati 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 Cincinnati , there are a few real estate brokers who will charge you a fee just to list your property on the MLS. Typically, you spend a few hundred bucks and you only pay a commission if you sale your property.

 

Compared with 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 web sites like Realtor.com, Zillow, Yahoo Homes, etc. receive data from the MLS. Chances are high that when you submit your property in Cincinnati 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 these 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.

Marketing is really a gamble. Occasionally open houses in Cincinnati can be a wonderful way to sell property, and many times they’re a complete waste of time. It is the same with newspaper ads, craigslist postings, FSBO (For Sale By Owner) signs – sometimes they work, and oftentimes they don’t.

To efficiently sell your home all by yourself, you have to market 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 putting up ads and having an open house isn’t nearly enough if your house does not appeal to the standard home purchaser.

In theory, real estate brokers charge sizeable commissions because they have to spend a good deal of money up front to publicize your house. By promoting lots of houses at once, they expect to get more calls – and obviously, they’ll make good profits by selling lots of houses.

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 property has to be just right.

 

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

We offer fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).

Sometimes we’ll buy Cincinnati 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 Cincinnati .

 

We’re investors who care a lot about Cincinnati .

 

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

 

We’re happy to help you find answers to your toughest questions about your Cincinnati 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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We are interested in obtaining houses near: 45202, 45203, 45204, 45205, 45206, 45207, 45208, 45209, 45211, 45213, 45214, 45216, 45219, 45220, 45223, 45224, 45225, 45226, 45227, 45229, 45230, 45232, 45237, 45238.

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