The housing market is a competitive place and with so many people looking to buy homes, Realtors have been able to push their prices sky-high. The average commission for a sale at $300,000 is around 5%. This may not seem like much but that’s an extra $15,000 you’re paying in fees on top of your mortgage! With the housing market as hot as it has been lately, it’s no wonder why people are more interested than ever before in selling their homes themselves instead.
Benefits of selling your home without involving an agent
You will sell it for a lot more than you would with an agent.
There are certain aspects of your property that Realtors aren’t allowed to share or include in their listings, such as the fact that they will be buying new appliances or doing some renovations. There’s nothing wrong with this but most people want to bring in as much money as possible on the sale of their homes and without knowing these details they could end up settling for less.
These days, buyers can easily find out about any recent renovations by checking permits. By selling your home without agents involved you’re able to make sure your property stands out above others like it by maximizing its value through upgrades and repairs (and spending less money at the same time).
Saving money
Not only will you avoid the hefty 5% agent commission, but you’ll also save money by not having to pay for an open house, newspaper ads, or staging services (which can cost anywhere between $300 and $2,000). These costs add up quickly and when it comes down to it, they aren’t really doing much for your property anyways.
Studies show that around 95% of all buyers start their home search online! It makes no sense to spend thousands of dollars trying to get strangers into your house when most buyers are searching on the web anyways. The faster they find out about your listing, the more likely it is that you’ll get top dollar in a short period of time – without agents involved!
Selling on your own terms
When you list with an agent, you’re putting your home in the hands of strangers who may not understand what makes your property so special. And if they don’t show as much interest as you’d like just remember that there are plenty more where that came from!
Agents only keep around 25% of their commissions anyways so they can afford to be picky when it comes to choosing new clients. If they aren’t initially blown away by your house (or if the first buyer is someone they want to work with), then maybe it’s time to consider selling without agents involved? You’ll get 100% of the money instead of having to split up between two people which means you’ll be able to put all of that money towards your new home or investment property.
Saving time
A lot of people spend a few months trying to sell their homes with an agent and get nothing in return because they didn’t have the right strategy going into it. Or worse, they spend so much time & energy on it that it takes away from other opportunities to find a house! When you list directly with a buyer, there’s no need for showing tours, back-and-forth negotiations, or open houses which means everything can be wrapped up within days or weeks instead of months. You might even end up finding your next home while your current one is still on the market!
Conclusion
You can now sell your home without ever paying a real estate agent huge commission again. The Biownr platform allows you to list and advertise your property from anywhere, anytime. It has been designed with the seller in mind by making it easy for sellers to upload their listings on any device, share them across social media networks or email contacts directly from within the app, and even schedule showings at times that are convenient for them – all while providing maximum exposure for attracting buyers.
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