When you sell your home, you want to make as much money off it as possible. Unfortunately, a considerable amount will go to the real estate agent as a commission.
On average, 3% of the sale price goes towards the commission for the seller agent. While this may not seem like a lot of money, it can really add up when you are making a sale that’s thousands or even millions of dollars.
It is for this reason that many sellers choose to sell without the help of a seller agent. While the process can be challenging, it is doable. This article will have some suggestions for selling your home without an agent so you can save money.
For Sale by Owner
For sale by owner (FSBO) is one option when it comes to selling homes without an agent. It’s a good choice for both the buyer and seller. The seller saves on agent fees. The buyer knows that these savings can reduce the sale price. It can also make for more flexible contract terms.
However, omitting an agent can be tricky. It can make it difficult to get leads on sellers. Also, when you sell a home without real estate experience, you risk encountering legal issues that can mess up the sale.
Visit a Buyer’s Agent
Another option is to seek out a buyer’s agent. If you find a buyer agent with interested buyers, you may ask them if they might be interested in your property.
Finding a buyer’s agent is recommended as you won’t have to pay seller agent fees. The agent will also oversee the process to ensure the Is are dotted and the Ts are crossed. However, seeking out buyer's agents can be a time-consuming process.
Do it Yourself with a Professional Help
You may also choose to go through a company that will offer assistance to find licensed and experienced buyer agents for your home sold quickly and for a fair price without charging agent fees. Direct Home Selling is a good choice.
DirectHomeSelling offers an easy process for getting started. It includes the following steps:
- List your property.
- Create an account.
- The company will verify ownership.
- Eligible Buyers' agents will contact you directly to set up appointments.
Direct Home Selling is helpful in the FSBO process as the company will share your information with licensed buyer agents. Those that have clients that are interested will call you directly to schedule a time for a tour. This allows you to sell the property without having to list it for sale. You will also save money on agent fees.
If you are selling your home, eliminating a seller agent is a good way to save money and earn more of a profit. The suggestions in this article will help you get the very most from your home sale. Which do you feel is best suited to your needs?
