How possible is it to get rid of a Detroit property without the need of a real estate agent?

How possible is it to get rid of a Detroit property without the need of a real estate agent?

 

 How possible is it to get rid of a Detroit property without the need of a real estate agent? - sold sign

 How possible is it to get rid of a Detroit property without the need of a real estate agent?

 

If you’re needing to sell any house or investment property in Detroit without using a broker, Glymph Properties can help.

Despite the fact that we do cooperate with real estate agents, generally it’s best to stay away from paying realtors to be in the midst.

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 accomplish your goal of selling the property for your balance, then you’ll need to write a check for the additional 6-9% needed to close. A lot of people aren’t able to afford to pay to get rid of a property or home. That is a lot of money… especially if you are in an irregular 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 and science to avoiding those pesky realtor commissions.

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

In most cases in Michigan 1/2 of the 6-8% commission you pay as the seller goes directly to the buyer’s real estate professional.

Doesn’t make much sense, right?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 cash.

 

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

 

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

 

You can use that to your advantage in several ways.

 

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

Please don’t under value 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 Detroit , buyers who are not represented by a buyers 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 buyer’s agents who will bring their clients to see your property or home. Of course, it is 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.

 

On the flip side, if you do not leave room for the buyer’s realtor’s commission, you’ll be excluding most of the buyers in the market in Detroit .

Almost all real estate transactions occur through the MLS ( Multiple Listing Service). It is the main database that all the real estate brokers in Detroit 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 on the MLS. Now in Detroit , 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 a commission if the sale closes.

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 websites like Realtor.com, Zillow, Yahoo Homes, etc. receive data from the MLS. Chances are high that when you submit your listing in Detroit 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 have 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 and marketing is really a gamble. Occasionally open houses in Detroit can be a wonderful way to sell property, and many times they’re a waste of time. It’s exactly the same with newspaper ads, craigslist posts, Fancy For Sale By Owner signs – sometimes they work, and oftentimes they don’t.

 

To efficiently sell your property 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 flyers and having 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 house. 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.

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

 

Sometimes we’ll buy Detroit houses, fix them up, 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 Detroit .

Glymph Properties invests because we care a lot about Detroit .

 

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

 

We’re happy to help you find answers to your toughest questions about your Detroit 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
www.gpbuyshomes.com/sell-my-house-fast-detroit See how we buy houses fast!

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We are interested in purchasing houses in: 48201, 48202, 48203, 48204, 48205, 48206, 48207, 48208, 48209, 48210, 48211, 48212, 48213, 48214, 48215, 48216, 48217, 48219, 48221, 48223, 48224, 48225, 48226, 48227, 48228, 48233, 48234, 48235, 48236, 48238, 48239, 48240, 48243.

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