Arcane Properties

How to Sell Your House Without a Real Estate Agent

Selling a house in the current economy can be overwhelming. The real estate industry has undergone some major changes and people are not buying as fast as they used to.

Most people looking to sell their houses will usually go to a real estate agent. This used to be a great way of selling a house since all you needed to do was have your house listed and wait for the sale. Now, with the increasing number of realtors, you’ll find it more difficult getting top dollar for your home when selling it. This article discusses other ways you can sell your house without realtors and get the most from the sale.

Selling Your Home with a Realtor

There are many downsides to selling your house with a real estate agent. For starters, the sales commission asked by realtors can be ridiculously high. On average, a realtor will charge a 6 percent sales commission regardless of how long it takes to sell the house. Also, the fact that your house will be competing with other similar houses in your neighborhood makes things even more difficult.

Before investing in a realtor’s services, most homeowners will usually go for a successful real estate agency with the hopes of finding a buyer quickly. What they fail to understand is that a successful realtor is more likely to be busy and might not be willing or able to dedicate all their time in finding you a buyer. This basically means that you will have to wait longer before selling your house.

How to Sell Your House without a Real Estate Agent

There are various ways you can sell your house without a real estate agent. For sale by owner (FSBO) for instance cuts out the middle man (agent) and allows you the opportunity to control how and when your house is bought. There are many advantages to selling your house on your own. You not only get to save money on fees, but you also get to set the price in order to sell the house faster. In order for FSBO to work to your advantage, you’ll need to be well prepared. You need to note that without a real estate agent helping you find a buyer, you’ll be responsible for inspections, contract negotiations and other processes associated with the sale.

Make sure that the house is inspected and also repaired for any damages. You’ll need to clean and make the house presentable for buyers’ visits. You’ll need to de-clutter and de-personalize the house to attract the buyer’s attention. While this might take more time and energy to do on your own, you’ll definitely save yourself more money and trouble during and after the sale.

Selling Your House to a Real Estate Investor

If you are not willing to sell your house through a realtor or by yourself, then you can always sell it to real estate investors. Real estate investors are individuals or companies that buy your house in order to sell it later at a profit. You’ll find it easier selling your house to an investor as opposed to selling it through a realtor or FSBO. Here are some advantages of working with an investor when selling a house.

Cash Payment — The best part about selling your house to investors is the fact that they don’t require lenders or banks approval before closing. An investor is able to pay cash for your house without any kind of financial assistance. This makes the process fast and easy for you.

AS IS Condition — Unlike individual buyers, investors won’t pressure you to carry out inspections when selling a house to them. This will save you the trouble of having to hire and inspector or repairing damages in the house.

No Appraisals — The fact that an investor doesn’t require a loan to buy your house means that there won’t be any need for an appraiser. This will also make the process of selling your house easy and fast.

Closing — Unlike it is the case with individual buyers, investors won’t take long before closing. In some cases, these kinds of buyers are able to close in just few days, ensuring you are on your way a lot sooner.

Arcane Properties is one of the few real estate investment companies that is able to personalize their services to suit your individual needs. If you are in urgent need of money and need to sell your house quickly, Arcane Properties is able to match your offer and buy your house in the least amount of time.

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