Are you wondering if you can sell your house without a real estate agent? YES, you can. Can I do that anywhere in the [market-city] market? YES, you can. If you’re looking to sell your house or investment property in HOUSTON without using a real estate agent, we can help.
Although we do cooperate with some of the best brokers in the HOUSTON market, sometimes it’s best to avoid paying someone to be in the middle.
After all, paying 5-6% commission of the sale of your home is a lot of money. In certain situations, TX brokers and real estate agents can be very useful and earn their commission. Not always.
How Do I Sell My Home Without An Agent in HOUSTON?
There are some ways to avoid paying high commissions when you sell your TX house.
First, there’s a tricky custom that you have to know about.
In most sales in HOUSTON, 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 – but it’s just what is typically done.
Why not use that to your advantage in a few ways?
First, factor in the commissions paid when you’re looking at the comparable sales in your neighborhood. If the homes 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 HOUSTON, 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 still a lot of money, but if you’re pricing your house to include 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 HOUSTON.
Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in the HOUSTON area 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 HOUSTON, there are a few brokers who will charge you a fee just to list your home on the MLS. Often, you spend a few hundred dollars and you only pay a commission if the sale closes.
Compared to the cost of a newspaper ad, the MLS is an inexpensive way to market your house to a very wide audience.
All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the MLS. Chances are good that when you submit your listing in HOUSTON to the MLS, information on your house 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 house.
Advertising is a gamble. Sometimes open houses in HOUSTON TX can be a great way to sell a property, and sometimes they’re a waste of time. The same foes for newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.
To effectively sell your house on your own, you have to market it well.
Putting up fliers and signs around your neighborhood can generate some calls, and there are 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 offer fair prices for houses – and we can close fast (in as little as 7 days if you need to).
Sometimes we’ll purchase HOUSTON 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 TX.
We’re investors who care a lot about the HOUSTON market.
We close fast and pay cash in as little as just 7 days. Give us a call now at 281-868-7505 or fill out the short form over here.