How feasible is it to sell your Odessa house without having a real estate professional?

How feasible is it to sell your Odessa house without having a real estate professional?

 

 How feasible is it to sell your Odessa house without having a real estate professional?

If you’re looking to sell your house or investment property in Odessa without using a realtor, Glymph Properties can help.

 

We aim to get you the most money possible so we prefer not to work with real estate agents, but we will if it’s required.

 

I mean really…. who wants to give up 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 the house for what you owe, then you need to write a check for the additional 6-9% needed to close. Many people , and in our opinion rightfully so, don’t think they should have to pay anything to sell a property or home. That is a lot of money… especially if you are in an abnormal 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.

The art to avoiding those bothersome realtor commissions.

First, there’s an irritating custom that you’ve gotta know about.

 

In most real estate transactions in Odessa, ordinarily half of the 6-8% commission you pay as the seller goes to pay for the buyer’s broker.

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

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

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

 

Here are a few ways you can use that to your advantage.

First, remember to include the commissions paid when you happen to be 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 agent, you should expect to save that money.

Many times in Odessa, 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 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 real estate professionals who will bring their clients to see your house. 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 Odessa.

, of transactions occur through the MLS , the Multiple Listing Service. It’s the main database that all the real estate brokers in Odessa 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 property or home on the MLS. Now in Odessa, 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 commission if you sale your house.

Compared to the cost of a newspaper ad, the MLS is a cheap way to market your home to a very wide 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 listing in Odessa to the MLS, information on your property 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 Odessa can be a wonderful way to sell a house, and many times they are a waste of time. It’s exactly the same with newspaper ads, craigslist postings, fancy signs – from time to time they work, and oftentimes they don’t.

 

To effectively sell your house 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 are a lot of free websites where you can post information. But typically just putting up flyers and having an open house is not enough if your property does not appeal to the standard home buyer.

 

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 promoting lots of houses at once, they expect to get more calls – and obviously, they’ll make good profits by selling lots of properties.

Some properties may very well 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 fair prices for houses – and we can close fast (in as little as 3-5 days if you need to).

Sometimes we’ll buy Odessa 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 Odessa.

 

We’re investors who care a lot about Odessa.

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

 

We’re happy to help you find answers to your toughest questions about your Odessa 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 it works

Free seller resources!

 

We buy houses near: 79761,�79762,�79763,�79764,�79766.

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