Is it straightforward to sell a Buffalo house without a real estate broker?

Is it straightforward to sell a Buffalo house without a real estate broker?

 

 Is it straightforward to sell a Buffalo house without a real estate broker?

If you are looking to sell your own house or investment property in Buffalo without using a broker, we can help.

In order to help you achieve your end goal of selling your property, we will work with anybody to get the job done for you.

 

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 a property for your balance, then you’ll need to write a check for the additional 6-9% needed to close. Some people , and in our opinion rightfully so, don’t think they should have to pay anything to sell their property. That is 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 number of tricks to avoid paying high commissions on a sale.

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

In most cases in New York 1/2 of the 6-8% commission you pay as the seller goes directly to the buyer’s realtor.

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 money.

 

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

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

Here are a few ways you can benefit from that.

First, remember to consider the commissions paid when you happen to be looking at local 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’re doing the work of one agent, you could expect to keep that money.

 

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

You may consider offering 2.5% to have brokers bring their clients to walk your property or home. Sure, it’s a lot of money. If you are pricing your house including that commission, you can always give a more beneficial deal for a purchaser who comes without a broker.

 

On the other hand, 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 Buffalo .

 

– that’s of transactions occur through the MLS – that’s the Multiple Listing Service. It is the main database that all the real estate brokers in Buffalo 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 or home on the MLS. Now in Buffalo , 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 commission if you sale your house.

Compared to 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 house in Buffalo to the MLS, information on your property will end up on most of the major internet sites within two or three days.

Each of these sites sells ads. They’ve got 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 property.

Marketing is really a gamble. Occasionally open houses in Buffalo can be a wonderful way to sell property, and many times they’re a waste of time. Same with newspaper ads, craigslist posts, fancy signs – occasionally they work, and oftentimes they don’t.

To efficiently sell your house 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 websites where you can post information. But typically just posting advertisements and hosting an open house is not enough if your house does not appeal to the standard home buyer.

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 advertising lots of houses at once, they expect to get more calls – and obviously, they’ll make good profits by selling lots of properties.

Some properties may very well 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 kind of commissions, you can also sell your house to investors like us for CASH.

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

 

Sometimes we’ll purchase Buffalo 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 Buffalo .

Glymph Properties invests because we care a lot about Buffalo .

 

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

 

We’re happy to help you find answers to your toughest questions about your Buffalo 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!
www.gpbuyshomes.com/blog

We are interested in buying properties in: 14201, 14202, 14203, 14204, 14206, 14207, 14208, 14209, 14210, 14211, 14212, 14213, 14214, 14215, 14216, 14220, 14222, 14223.

***********************************************************************************************************************

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
Visit our investor website

Check out our investing articles to educate investors!
[cinvestblog]

***********************************************************************************************************************

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
[crentweb]

Check out our rent-to-own blog!
[crentblog]

, , , , , , , , , , , , , , , ,

No comments yet.

Leave a Reply