How do I sell my house without an agent in Atlanta? ATL Cash Home Buyers can help. There are many ways to sell your home and though getting help from a real estate agent is the conventional, traditional way, it might not make the most sense for you. Selling your house without an agent can actually save you a lot of money. Although we do work 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 commissions is a lot of money. In certain situations, Georgia brokers and real estate agents can be very useful and earn their commission. Not always though and sometimes, it makes sense to see if you can sell your house with a real estate agent.
How Do I Sell My House Without An Agent in Atlanta?
There are 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 Atlanta, 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. The seller is always responsible for agents’ commissions unless you negotiate otherwise. If you want to sell your home without an agent, you can use this 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. That’s extra money you could be putting back in your pocket because you decided to sell your house without an agent!
Don’t underprice your property – A major can as a regular person selling your home without any professional guidance is that you just don’t know the market as well as a professional. In a lot of times, this means that you wont sell your home for what you were hoping for, ultimately asking yourself “How Do I Sell My House Without An Agent in Atlanta?” At ATL Cash Home Buyers, we will spend the time to educate you what homes are selling for in the area so you are more educated and can make the right decision for you!
If you’re selling your home without an agent, not only does not knowing the market come into play but you’re also not familiar with the process of a real estate transaction. Sometimes in Atlanta, 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. Some agents may even take a flat fee instead of a percentage but the amount of money you pay will still be more than you were hoping to give up. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent. When selling your home without an agent, the best scenario is that you find a buyer without an agent because you will be saving yourself thousands of dollars. But lets face it, it might be easier to find a needle in a haystack then have that occur if you don’t have any contacts within the industry.
The thing that really gets you is that 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 Atlanta. Realtors will purposely not bring up a great looking home because they know the seller isn’t willing to pay their commission or fee. And you know what, why should they?!? Nobody works for free and why should they?!? But if you don’t take into account the buyer’s agent’s commission, this can make selling your house without agent a little difficult and will most definitely extend the amount of time your home is on the market. If you’d prefer to not deal with the headaches of dealing with commissions and educating yourself on the transaction process, ATL Cash Home Buyers would love to help you out.
Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Atlanta 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 Atlanta, 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.
Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience. All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. ultimately get their listings from the MLS! Chances are good that when you submit your listing in Atlanta to the MLS, information on your property will end up on most of the major sites within a few days.
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 Atlanta Georgia 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 don’t.
To effectively sell your house without an agent, 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 sell your house without an agent and avoid paying large commissions, you can also sell your house to investors like us for CASH
We pay fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll purchase Atlanta 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 Atlanta.
We close fast and pay cash in as little as just 7 days. Try to sell your house without an agent and give us a call now at 404-439-9984 or fill out the short form over here.
