Selling a Home Without a Realtor
Interested in selling a home
without a Realtor?
There are several myths about selling your home without a real estate agent.
Myth #1: There are only two ways to sell your house:
- Through a real estate agent
- For Sale By Owner (FSBO)
1. Selling Your House Through a Real Estate Agent
Is it really worth it to sell your house through a real estate agent? Lots of people think this is the best way to sell their house because they will “hire the real estate agent and the agent will do whatever is needed to get the house sold.” The problem is that the real estate agent is not committed 100% to selling one house. They all have several houses in inventory, and they will usually focus their selling efforts on those houses that will sell at a higher price and that give them the highest commission.
And what is the cost of selling your house through an agent? When an agent is working with you, you will have to pay a six percent commission in addition to other costs. A realtor will usually advise you to fix up your house before putting it on the market. These fix up activities can be extremely costly and most people do not have the cash to do them. And what happens if you decide to go ahead and fix your house, does it mean that you will be able to sell it immediately? NO!
The real estate market has slowed significantly in the past year and houses are staying on the market for an average of 60 day before being sold – a 26% increase from a year ago. Can you afford this? Can you afford maintaining a house for months and paying all your other debts?
2. The For Sale By Owner (FSBO) Alternative
Now that you know what using the services of a real estate agent involves, you might be thinking that the only alternative is selling your house by yourself or selling your house without a Realtor. Do you know what this involves? Let us explain.
Usually, when a person selects to sell their house by themselves, they do it thinking that they will be able to save the money that would otherwise be paid to agents. The fact is that you will need to spend money on marketing services (e.g. Internet listings, FSBO signs, newspaper ads, open houses, etc.), and you will still need to fix up your house to make it marketable.
Other things you will need to take into account are that you will need to deal with all types of paperwork that is involved with selling a property. You will be responsible for ordering a title search, preparing disclosure documents and determining if a buyer is financially qualified to buy your house. Do you have the time that is needed to accomplish this?
Finally, remember that you will need to spend time showing your house to prospective buyers. FSBO is not for everybody, especially if you have relatively little knowledge about selling real estate. Unless you’re willing to invest some serious time and energy researching and understanding real estate, you are sure to come across many setbacks in your sales attempt. Generally, selling FSBO is a time-consuming and laborious task, especially if you have a full- time job.
Think of selling your property as a part-time job. The time investment is the primary reason many sellers do not attempt to sell their own home. If you can’t spare the time to gather information beforehand, it may indicate that you need the help of a full-service real estate agent or that you should hire a real estate consultant to assist you for the services you need. According to the National Association of Realtors (NAR), up to 80 percent of FSBO sellers will end up choosing a real estate agent and listing their home on the MLS, usually within 6-8 weeks of posting an FSBO property for the first time. The NAR is quick to point out that over 80-percent of FSBO sellers indicate they would not sell on their own in the future.
Also, FSBO sellers tend to get lower offer proposals for their properties, and some are forced to sell at a lower price than they had hoped for.
Is there a better way to sell my house? YES!
SELLING YOUR HOUSE WITHOUT
A REALTOR: THE SOLUTION
In this market there are not only two ways to get your house sold, there is a third alternative that will help you save time and make your home selling experience simple, fast and hassle-free. With this solution you won’t have to worry about fixing-up or making costly repairs to your home. With this method you will be able to sell it as-is, and the best thing is that you will be able to get in touch with an interested buyer that will buy the house directly from you as soon as you need to sell it!
Express Homebuyers can help you to sell your house without a real estate agent. We specialize in buying houses directly from home sellers like you who need a fast and reliable home selling solution. When you call us, you will receive an immediate offer, and you will be able to save time and money.
How do we do this? Well, we’ve been doing this since 2003 and since then we have purchased 1,500+ properties in the DC, Maryland and Virginia. We have bought houses that needed repairs, and houses that had tenants in them. We’ve bought houses that had been on the market for months and no one else wanted to buy them, houses from people that were facing different situations (bankruptcy, bank issues, divorce, relocation, job loss, death in the family) and needed to sell their house fast.
With Express Homebuyers:
If you want to learn more about selling a house without a realtor or would like to get an offer for your house call us now at 877-804-5252.
We’ll be happy to answer all your questions and explain how we can provide a fast and reliable home selling solution for you. CALL TODAY We have the fastest and simplest home selling solution!