Intending to sell a Austin house without an agent?
If you are expecting to get rid of a property or investment property in Austin without using an agent, we can help.
In order to help you perform your target of getting rid of your property, Glymph Properties will work with anyone to get the job done for you.
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 succeed in selling the property for what you owe, then you need to write a check for the additional 6-9% needed to close. A lot of folks aren’t able to afford to pay to sell a property or home. That’s a ton 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 tricks to avoid paying high commissions in a sale.
First, there’s an irritating custom that you’ve gotta hear about.
In most cases in Texas 1/2 of the 6-8% commission you pay as the seller goes directly to the buyer’s realtor.
Think about it…. how much sense does that make?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 lower the sales price of your house.
Why should you pay for the agent on the other side of the table?
Seriously, it defies logic – it’s just what is traditionally done.
You can use that to your benefit in a number of ways.
First, take into account 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 value your property or home – 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 Austin , 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 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 realtors who will bring their clients to show your house. Of course, it is a lot of money. If you are pricing your house including that commission, you can always negotiate a more advantageous deal for a purchaser who comes without a realtor.
Conversely, if you don’t leave room for the buyer’s realtor’s commission, you’ll be excluding most of the buyers in the market in Austin .
Almost all real estate transactions occur through the MLS ( Multiple Listing Service). It’s the main database that all the real estate agents in Austin use to find information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.
Once upon a time, you had to pay a full commission to get your property on the MLS. Now in Austin , there are a few brokers who will charge you a flat fee just to list your property on the MLS. Generally, you spend a few hundred dollars 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 property to the largest audience.
Most of the big real estate websites like Realtor.com, Zillow, Yahoo Homes, etc. use data from the MLS. Chances are really good that when you submit your property in Austin to the MLS, information on your property or home will end up on most of the major online websites within days.
Each of these 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 property.
Marketing can be a gamble. Occasionally open houses in Austin can be a good way to sell a house, and from time to time they’re a waste of time. It is the same with newspaper ads, craigslist postings, Fancy For Sale By Owner signs – occasionally they work, and quite often they don’t.
To successfully sell your property without any help, you have to market it well.
Putting fliers and signs around your local community can generate a few 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 house doesn’t appeal to the everyday home shopper.
In theory, real estate professionals charge considerable commissions because they have to spend a ton of money up front to promote your house. By marketing lots of properties at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of houses.
Certain properties could possibly require thousands of dollars in marketing 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.
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 Austin houses, renovate them, 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 Austin .
We’re investors who care a lot about Austin .
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 Austin House Fast – We Buy Houses…Get A Cash Offer Today
We’re happy to help you find answers to your toughest questions about your Austin real estate, so please feel free to call us at 888-509-6267 Ext 4 and chat with us anytime.
We buy houses within 50 miles of the following zip codes: 73301, 78652, 78701, 78702, 78703, 78704, 78705, 78717, 78719, 78721, 78722, 78723, 78724, 78725, 78726, 78727, 78728, 78729, 78730, 78731, 78732, 78733, 78735, 78736, 78739, 78741, 78742, 78744, 78745, 78746, 78747, 78748, 78749, 78750, 78751, 78752, 78753, 78754, 78756, 78757, 78758, 78759.