If you’re looking to sell your house or investment property in Tulsa without using a real estate agent, we can help.
Although we work with brokers, it is often preferable to avoid paying someone to be in the middle.
After all, paying a fee of 5-6% on the sale of a home is a large sum of money. In some cases, [market state] brokers and real estate agents can be quite helpful and earn their commission. No, not always.
How Do I Sell My House in [market city] Without Using An Agent?
There are a few ways to avoid paying high commissions in your OK sale.
First, there’s a tricky custom that you’ve gotta know about.
In most [market city] sales, nearly half of the fee paid by the seller is used to pay for the buyer’s broker.
Doesn’t make much sense, right?
Why should you pay for the agent on the other side of the table?
Truthfully, it defies logic – it’s just what’s typically done.
You can use that to your advantage in a few ways.
When comparing comparable sales, first consider the commissions paid. Consider whether comparable houses sold for prices that included commissions.
Don’t under price your property—Be aware that a savvy buyer may also seek a discount. You can expect to save money if you do the work of one agent.
Buyers who aren’t represented by an agency in [market city] may forget to negotiate the buyer’s side fee out of the price for themselves, so don’t remind them if you don’t want to pay them. Just be prepared for it to come up throughout the negotiation.
Consider providing 2.5% to buyer’s agents who bring their clients to view your property. Yes, it is a lot of money. If you price your property with the commission included, you can always negotiate a better offer for a buyer who comes without an agency.
On the other hand, if you don’t account for the buyer’s agent’s commission, you’ll be excluding the vast majority of buyers in [market city].
Over 90% of transactions happen through the MLS – That is a Multiple Listing Service. It’s the major database that all brokers in [market city] utilize to get information for their clients on houses, condos, land, and investment properties for sale, as well as statistics on sales prices.
You used to have to pay the whole commission to get your property listed on the MLS. There are a few brokers in [market city] who will charge you a fee solely to put your home on the MLS. Often, you invest a few hundred dollars and only pay a fee if the sale goes through.
Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience.
The MLS is used by all of the main real estate search sites, including Realtor.com, Zillow, and Yahoo Homes. When you submit your listing in [market city] to the MLS, information about your property will almost certainly be up on most of the main sites within a few days.
Each of those websites sells advertisements. They have packages that allow you to pay to enhance your listing, display it at the top of the search, and a variety of additional bells and whistles that may or may not entice a buyer to purchase your property.
Advertising is a gamble. Open houses in [market city] [market state] can be a terrific method to sell a home, but they can also be a waste of time. The same is true for newspaper ads, Craigslist postings, and beautiful signage – they sometimes work, and sometimes they don’t.
To effectively sell your property on your own, you have to market it well.
Placing fliers and signs throughout your neighborhood will help create leads, and there are numerous free websites where you can publish information. However, putting up posters and hosting an open house isn’t always enough if your home doesn’t appeal to the average home buyer.
In theory, real estate brokers charge high commissions because they must spend a significant amount of money upfront to market your property. They hope to get more phone calls by promoting multiple properties at once, and they anticipate to make a lot of money by selling a lot of houses.
Certain properties may require hundreds of dollars in advertising costs before the right buyer sees the ad and calls.
If you don’t want to pay fees, you can sell your house to investors like us for CASH.
We pay fair prices for properties – and we can close fast (in as little as 7-10 days if you need to).
Sometimes we’ll purchase Tulsa 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 OK.
YT Properties LLC are investors who care a lot about Tulsa.
We close fast and pay cash in as little as just 7-10 days. If you’re looking to Sell Your House Fast Tulsa OK. And you want to get a fair cash offer for your property, regardless of its condition, give us a call right now at (918) 407-7981 or fill out the short form over here.