If you’re considering how do I sell my house without an agent in Carson without using a real estate agent, we can help you figure that out.
Although we often do work with real estate agents, sometimes it’s best to avoid paying someone to be the middleman, especially when you don’t need to.
After all, paying 5-6% of the final sales price of a property in a commission is a lot of money. Think about how you would feel losing $30,000 on the sale of a $500,000 house. In certain situations, Carson brokers and real estate agents can be very useful and earn their commission. It’s just that, this is not always the case.
How Do I Sell My House Without An Agent in Carson?
There are a few ways to avoid paying high commissions in your Carson house sale.
First, there’s a tricky custom that you must know about.
In most sales in Carson, approximately half of the commission you pay as the seller goes to the buyer’s agent.
Doesn’t make much sense, right?
Why should you pay for the agent on the other side of the table?
Truthfully, it doesn’t make any sense for the seller to pick up that tab – it’s just what’s typically done. It’s the traditional way.
You can use this information to your advantage in a few different ways.
First, factor in the commissions paid when you’re looking at the comparable sales in your neighborhood. If the properties that are most similar to yours sold for prices that included commissions, make sure to take that into account.
Don’t underprice your property – be aware that a savvy home buyer may expect to get a discount, too. If you’re doing the work of one agent, you can expect to save that money.
Sometimes in Carson, buyers who aren’t being represented by an agent also 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 because it often will.
You may want to consider offering 2.5% to the 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 buyer 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 Carson. I learned this the hard way when I first started in real estate. You need buyers, and oftentimes, buyers have their own agents. Even if they don’t, buyers with a real estate agent tend to perform better during escrow because they need someone who has been through it before. Escrow seems like an easy process, but it’s not, it’s full of decisions, legal documentation, and emotion. Without a buyer’s agent working as the professional to guide buyers through the process, it can get very messy. So even though the goal of this blogs is to answer the question of “How Do I Sell My House Without An Agent?”, don’t discount the importance of buyer’s agents.
Over 90% of transactions happen from the MLS – which stands for Multiple Listing Service. It’s the main database that all the brokers in Carson use to access the property information for their clients on the houses, condos, land and investment properties for sale, along with data on the prices of the sold properties.
Once upon a time, you had to pay a full commission to get your property on the MLS. Now in Carson, 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 a commission if the sale closes. Those are typically called flat-fee listing agents.
Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience. NOT only is it a large audience, it tends to be the right audience.
All the top real estate search sites like Realtor.com, Zillow, Redfin, etc. to see the data from the MLS. Chances are pretty good that when you submit your listing in Carson on the MLS, information on your property will end up on most of these major sites within a few days.
Each of these sites sells ads. They have marketing packages that allow you pay to enhance your listing, feature it at the top of the search, and a lot of other bells and whistles that may or may not encourage an interested buyer to buy your property.
Advertising is a gamble. Sometimes open houses in Carson California can be a great way to sell a property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they won’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 need thousands of dollars in advertising 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
We pay fair market prices for properties – and we can close fast (in as little as 3-5 days if you really need to do that). We can also close escrow in a longer timeframe if you need time to move, find a new place to live or even buy a new house. We are very flexible.
Sometimes we’ll purchase Carson houses, fix them up, then rent them out… sometimes we’ll fix them up and sell them to other people looking for completely remodeled homes in the area – but we love to hear from people like you who are thinking of selling anywhere in California.
We’re investors who care a lot about Carson.
We close fast and pay cash in as little as few as 5 days. Give us a call now at (424) 242-9304 or fill out the short form over here.