Is it simple to sell my McKinney property without a real estate professional?

Is it simple to sell my McKinney property without a real estate professional?

 Is it simple to sell my McKinney property without a real estate professional?

 

If you happen to be planning to get rid of your own home or investment property in McKinney without using a real estate agent, we can help.

Despite the fact that we do cooperate with real estate agents, most times it’s best to keep clear of paying anyone to be in the midst.

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 accomplish your goal of selling the house for what you owe, then you will need to come out of pocket with the additional 6-9% needed to close. Many people won’t be able to afford to pay to get rid of a house. That’s a ton 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.

There are a few tricks to avoid paying high commissions in a sale.

Before we get going, there’s one thing you have to know.

In most real estate transactions in McKinney, approximately 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?Mull it over, you are literally paying for the buyer’s agent to negotiate against you. In essence, you are negotiating against yourself. You are paying to lower the sales price of your house.

 

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

 

In all honesty, it goes against logic – it’s just what is normally done in most cases.

 

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

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.

Never under price your property or home – be aware that an informed buyer could possibly expect to have a discount too. If you’re doing the work of one agent, you should expect to save that money.

In many instances in McKinney, buyers who aren’t 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 property or home. Sure, it’s a lot of money. If you’re pricing your house including that commission, you can always hammer out a far better deal for a purchaser who comes without a realtor.

 

On the contrary, 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 McKinney.

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

At one time, you had to pay a full commission to get your property or home on the MLS. Now in McKinney, there are a few real estate agents who will charge you a flat fee just to list your property on the MLS. Usually, you spend a few hundred dollars and you only pay commission if the sale closes.

 

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

 

Each of the key real estate web sites like Realtor.com, Zillow, Yahoo Homes, etc. acquire data from the MLS. Chances are really good that when you submit your house in McKinney to the MLS, information on your property or home will end up on most of the major web sites within several days.

 

Each of those sites sells ads. They have packages that let you pay to boost 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 could be a gamble. At times open houses in McKinney can be a excellent way to sell a property, and from time to time they are a complete waste of time. It’s exactly the same with newspaper ads, craigslist posts, Fancy For Sale By Owner signs – occasionally they work, and many times they don’t.

To efficiently sell your home all on your own, you have to advertise it well.

Positioning fliers and signs around your area can generate a number of calls, and there’s a lot of free web-sites where you can post information. But generally just posting advertisements and having an open house isn’t nearly enough if your property doesn’t appeal to the ordinary home shopper.

 

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

Certain properties would 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 commissions, you can also sell your house to investors like us for CASH.

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

 

Sometimes we’ll purchase McKinney houses, 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 McKinney.

 

Glymph Properties invests because we care a lot about McKinney.

 

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

 

We’re happy to help you find answers to your toughest questions about your McKinney 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 we buy houses fast!

Free seller resources!
www.gpbuyshomes.com/blog

We are interested in purchasing properties within 50 miles of the following zip codes: 75069, 75070, 75071.

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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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