Looking to Sell Your House Fast for Cash and exploring your options?
If you need to sell a house or rental property in Metro Atlanta without a Real Estate Agent, I am here to help you do just that.
While we are completely licensed and offer to list properties on the MLS for full retail pricing, sometimes its better to eliminate all the middle men.
It’s pretty obvious that paying the 6% of the sale price in commission, the typical 2-3% closing costs that buyers ask for, and not to mention all the repairs buyers ask for.
How Do I Sell My House Without An Agent in Metro Atlanta?
There are a few ways to avoid paying high commissions in your GA sale.
We will let you in on a little secret about the commissions you may not know about.
In most sales in Metro 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?
What the heck? Why do YOU have to pay the agent on the other side of the table? Crazy right?
Truthfully, it defies logic – it’s just what’s typically done.
You can use that to your advantage in a few ways.
When you look at “Comps” make sure you figure in the commissions. If all the recent sales included Agents in the transactions, 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 Metro 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.
It’s in all honesty going to be really hard for you to get a buyer not using an Agent. Most people realize it’s “free” for them to use a Buyers Agent. Meaning the Seller in Georgia usually pays the commission. If you do get lucky and get a unrepresented buyer you can work in a better price.
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 Metro Atlanta.
Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Metro 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.
It used to be that you could only get a property listed on the MLS through a full service agent at full commission. Now there are flat fee brokerages, doing as low as 1%. Although we don’t recommend services like this. They literally do zero negotiating on your behalf, usually netting in a lower sale price.
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. get data from the MLS. Chances are good that when you submit your listing in Metro 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 Metro Atlanta GA 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 property on your own, you have to market it well.
You can put up flyers or door hangers until you are blue in the face. Many websites you can list on. You can even host your own open houses. Unfortunately many buyers still wont see your house since most are sent a direct feed from the MLS from agents. These listings do not include FSBO’s
In reality Agents actually do spend a lot of money on advertising, well good ones at least. And they hope to get more leads from your property advertising as well.
Some properties require lots of money in advertising. Especially in higher price points. These homes can sit on the market for months at a time. Unique home take unique buyers, keep that in mind when figuring in days on market.
If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH
We fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll purchase Metro 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 GA.
We’re investors who care a lot about Metro Atlanta.
We close fast and pay cash in as little as just 3-5 days. Give us a call now at (678) 773-7268 or fill out the short form over here.