How manageable is it to get rid of my Birmingham property without having a real estate professional?

How manageable is it to get rid of my Birmingham property without having a real estate professional?

 

How manageable is it to get rid of my Birmingham property without having a real estate professional?

We will help if you need to sell a residence or investment property in Birmingham without a real estate agent.

 

While we do cooperate with agents, in many instances we advise that you keep away from paying a person to be in the middle.

After all, paying 5-6% of the sale of a house in a commission is a bunch of money. In certain situations, brokers and real estate agents can be very useful and earn their commission. Not always.

 

The art to avoiding those annoying realtor commissions.

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

 

In most sales in Birmingham , roughly half of the 6-8% commission you pay as the seller goes to pay for the buyer’s broker.

 

Doesn’t make much sense, right?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 goes against reason – it is just what’s traditionally done in most cases.

You can use that to your benefit in several ways.

 

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

 

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

 

You might want to consider offering 2.5% to have realtors bring their clients to check out your property or home. 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 broker.

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 will cut your pool of prospective buyers to next to nothing.

 

Almost all real estate transactions occur through the MLS ( Multiple Listing Service). It’s the main database that all the real estate brokers in Birmingham use to find information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.

Not so long ago, you had to pay a full commission to get your property on the MLS. Now in Birmingham , there are a few brokers who will charge you a service charge just to list your property on the MLS. Generally, you spend a few hundred bucks and you only pay a commission if you sale your property.

Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property or home 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 really good that when you submit your house in Birmingham to the MLS, information on your property or home will end up on most of the major online websites within days.

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

Marketing can be a gamble. Sometimes open houses in Birmingham can be a good way to sell property, and from time to time they’re a waste of time. It is the exact same with newspaper ads, craigslist posts, Fancy For Sale By Owner signs – sometimes they work, and quite often they don’t.

 

To efficiently sell your property without any help, you have to market it well.

Positioning fliers and signs around your neighborhood can generate a few calls, and there are a lot of free websites where you can post information. But usually just putting up ads and hosting an open house isn’t nearly enough if your house does not appeal to the everyday home purchaser.

In theory, real estate professionals charge considerable commissions because they have to spend a ton of money up front to promote your home. By advertising lots of properties at once, they expect to get more calls – and obviously, they’ll make good profits by selling lots of properties.

 

Some properties may possibly 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 commissions, you can also sell your house to investors like us for CASH.

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

 

Sometimes we’ll purchase Birmingham 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 Birmingham .

We’re investors who care a lot about Birmingham .

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

 

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

Check out our articles to educate sellers!
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We are interested in purchasing houses near: 35061, 35064, 35068, 35094, 35117, 35126, 35127, 35203, 35204, 35205, 35206, 35207, 35208, 35209, 35210, 35212, 35213, 35215, 35217, 35218, 35221, 35222, 35223, 35228, 35233, 35234, 35235, 35242, 35243, 35254.

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