I really don’t want to pay a realtor… Is it still possible to get rid of my own Riverside property?

I really don’t want to pay a realtor… Is it still possible to get rid of my own Riverside property?

 

 I really don't want to pay a realtor... Is it still possible to get rid of my own Riverside property?

If you are needing to get rid of a property or investment property in Riverside without using a real estate agent, we can help.

Despite the fact that we do cooperate with real estate agents, many times we encourage that you keep from paying brokers to be in the middle.

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 succeed in selling your house for what’s left on the mortgage, then you’ll need to write a check for the additional 6-9% needed to close. A lot of people won’t be able to afford to pay to sell a house. That’s definitely 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 to avoiding those annoying realtor commissions.

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

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

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

Seriously, it goes against reason – it is just what’s traditionally done.

 

You can use that to your advantage in a number of ways.

First, take into account 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.

Be careful, don’t under value your property – be aware that an experienced buyer will probably expect to have a discount too. If you’re doing the work of one agent, you should expect to save that money.

Most of the time in Riverside , buyers who aren’t 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 choose to consider offering 2.5% to real estate brokers who will bring their clients to see your property. Of course, it’s a lot of money. If you’re pricing your property including that commission, you can always hammer out a more advantageous deal for a purchaser who comes without an agent.

 

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 are likely 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 agents in Riverside use to find 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 Riverside , there are a few real estate agents who will charge you a service charge just to list your property on the MLS. Generally, you spend a few hundred dollars and you only pay a commission if you sale your house.

Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property or home to the largest audience.

 

Most of the big real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. use data from the MLS. Chances are really good that when you submit your house in Riverside to the MLS, information on your property will end up on most of the major online websites within days.

Each of those sites sells ads. They have 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 property.

Advertising and marketing can be a gamble. At times open houses in Riverside can be a good way to sell property, and sometimes they’re a complete waste of time. It’s exactly the same with newspaper ads, craigslist postings, fancy signs – from time to time they work, and quite often they don’t.

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

Placing fliers and signs around your local community can generate a handful of calls, and there’s a lot of free websites where you can post information. But usually just posting advertisements and having an open house isn’t nearly enough if your property does not appeal to the everyday home buyer.

In theory, realtors 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.

Selling houses 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 house has to be just right.

If you want to avoid paying any 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 purchase Riverside 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 Riverside .

 

We’re investors who care a lot about Riverside .

 

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

 

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

Check Out Our Website See how it works

Free seller resources!

www.gpbuyshomes.com/blog

We are interested in purchasing properties within 50 miles of the following zip codes: 92501, 92503, 92504, 92505, 92506, 92507, 92508, 92509, 92518, 92553, 92557, 92879.

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Are you looking to find other properties to invest in… visit our investor website or give us a call anytime at [cinvestphone] for a Fair Cash Offer

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Free investor resources!
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Are you looking for rent to own properties… visit our rent-to-own website or give us a call anytime at [crentphone] for a Fair Cash Offer

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