Can I Sell My House Without a Realtor in Mesa? You can definitely sell your house or investment property without A Realtor, and we can help!
Even though we 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, AZ brokers and real estate agents can be very useful and earn their commission. Not always.
How Do I Sell My House Without A Realtor in Mesa?
There are a few ways to avoid paying high commissions in your AZ sale.
First, there’s a tricky custom that you’ve gotta know about.
When you don’t sell your House without a Realtor in Mesa, roughly half of the commission you pay as the seller goes 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.
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 Mesa, 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.
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 Mesa.
Over 90% of transactions happen through the Multiple Listing Service (MLS). It’s the central database through which Mesa Realtors access information on the houses, condos, land and investment properties for sale, along with data on sold prices.
Back in the day you had to pay a full commission to get your property on the MLS. Now in Mesa, there are some 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. Compared to the cost of a newspaper ad, the MLS can be a relatively inexpensive way to find a large audience to sell your house without a Realtor.
All the major RE sites like Realtor.com, Zillow, Yahoo Homes, etc. get their data from the MLS. Chances are when you submit your listing in Mesa to the MLS, information on your property will show up on the major sites within a few days…and they all sell ads. They have packages that let you pay to enhance your listing, “feature” it, or a lot of other bells and whistles that might or might not get you an interested buyer.
Advertising is a gamble. Open house events in Mesa can be a great way to sell a property, although agents often market a lot of other houses at the same event. Same with newspaper ads, Craigslist postings, fancy signs – sometimes they work, and sometimes not so much.
To effectively sell your house without a Realtor, 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.
If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH
We pay fair prices for houses – and we can close fast if needed.
Sometimes we buy houses in Mesa, 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. We love to hear from people like you who are thinking of selling anywhere in AZ, and we appreciate the opportunity to help our neighbors and our neighborhood. We care a lot about Mesa; we live here too!
We close fast and pay cash in as little as just 3-5 days. Give us a call now at 602-935-5568 or fill out the short form over here.