Can i sell my house without an agent and save the cost of commission?
If you’re looking to sell your house or investment property in Warner Robins without using a real estate agent, we can help.
Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle.
After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain situations, Georgia brokers and real estate agents can be very useful and earn their commission. Not always. There is a new trend of homeowners that like to talk to the buyers directly.
There’s a few ways to avoid paying high commissions in your Georgia sale.
First, there’s a tricky custom that you’ve gotta know about.
In most sales in Warner Robins, roughly half of the commission you pay as the seller goes to pay for the buyer’s agent. Then they may have to share that with their Broker. That’s a four way split.
You can use that to your advantage in a few ways.
First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.
Don’t underprice your property – be aware that a savvy buyer may expect to take a discount too. If you’re doing the work of one agent, you can expect to save that money.
Sometimes in Warner Robins buyers who aren’t represented by an 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. Offer four percent to your agent if that happens because they are not sharing with anyone. Of course, if they listed and found the buyer, they earned their money.
You may want to consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent.
On the other hand, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Warner Robins. It’s a lot to remember. just make sure your agent is earning their commission by bringing buyers in.
Many Ask, “Can i sell my House with a buyers agent, but not a sellers agent?”. Yes, you can. We get offers from many buyers agents when we sell a house and we offer them around 4%. The problem is that many agents don’t trust that they will get paid, so they don’t bring their buyers to you.
Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Warner Robins use to access 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 Warner Robins, there are a few brokers who will charge you a fee just to list your property on the MLS. Often, you spend a few hundred bucks and you only pay commission if the sale closes.
Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience. In Warner Robins Perry and Kathleen areas, a good agent will have access to all three MLS databases that cover this are. Not many people know that there is more than one.
All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the MLS. Chances are good that when you submit your listing in Warner Robins to the MLS, information on your property will end up on most of the major sites within a few days. That is a good way to check and make sure your agent is marketing your house.
Each of those sites sells ads. They’ve got packages that let you pay to 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 is a gamble. Sometimes open houses in Warner Robins Georgia can be a great way to sell property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.
To effectively sell your property on your own, you have to market it well.
Putting up fliers and signs around your neighborhood can generate some calls, and there’s a lot of free websites where you can post information. But often just putting up flyers and an open house isn’t enough if your house doesn’t appeal to the average home buyer.
In theory, real estate agents charge big commissions because they have to spend a lot of money up front to advertise your property. By advertising 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 might require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call. These days, sellers can get access to many of the websites and marketing tools that agent
If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH
We fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll purchase Warner Robins 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 Georgia.
We’re investors who care a lot about Warner Robins.