How Do I Sell My House Without An Agent In Middletown CT

How Do I Sell My House Without An Agent In Middletown CT

We Buy Houses In Middletown Connecticut. “How do I sell my house without an agent?” If you’re looking to sell your investment property in Middletown without using a real estate agent, we can help. Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle.

After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain situations, Connecticut brokers and real estate agents can be very useful and earn their commission. Not always.

Ways To Avoid Paying High Commissions On Your Middletown CT Home Sale

Ways To Avoid Paying High Commissions In Your Middletown CT Sale

First, there’s a tricky custom that you’ve got to know about.

In most sales in Middletown, 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 – it’s just what’s typically done. You can use that to your advantage in a few ways.

First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.

When you set out to buy or sell a home, one factor worth considering is a real estate agent's fees. Unfortunately, most people are only interested in how much these fees are, and have no idea how they work or who even pays them once a transaction is complete.

Dan D'Ambrosio, Real Estate Investor Tweet

Don’t Underprice Your Property In CT

Be aware that a savvy house 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, Middletown CT home 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 the buyer’s agents, who will bring their clients to show your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser 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 Middletown.

Over 90% Of Transactions Happen Through The MLS In Connecticut

That’s the Multiple Listing Service. It’s the main database that all the brokers in Middletown 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 Middletown, there are a few brokers who will charge you a fee just to list your property on the MLS. Often, you spend a few hundred bucks and you only pay a commission if the sale closes.

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 Middletown 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 Your Property In Middletown Connecticut Is A Gamble

Sometimes, open houses in Middletown CT can be a great way to sell 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 The Property In Middletown CT On Your Own, You Have To Market It Well

If you’re wondering, “How can I sell my house in Middletown?” putting up fliers and signs around your neighborhood can generate some calls, and there’s 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 home 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 upfront 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.

Homebuyers In Middletown CT

Sometimes, we’ll purchase Middletown homes, 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 Connecticut.

Reach out to Cash Offer On House to gain access to a wide array of resources for homeowners! Call now for more info! 888-683-7909

Like This Article? Please Share...

Share on facebook
Share on twitter
Share on linkedin
Share on telegram
Share on tumblr
Share on pocket
Share on reddit
Share on pinterest

You May Like These Other Articles:

Don Phelps

Don Phelps

Don Phelps is Director of Marketing at CashOfferOnHouse.com, the real estate investment company that specializes in buying houses for cash in “as-is” condition. His focus is educating homeowners on navigating the complex and challenging world of selling real estate with confidence and ease. Don has worked on projects for numerous organizations and has a particular passion for real estate investing, SEO and football. Don's writing has been featured in Thrive Global, Activerain, Realtor.com, Today.com and Doffitt.com.

WHATS NEXT?

Thinking Of Selling Your Home?

Find out how much CashOfferOnHouse.com can offer for your house by clicking the button below. It’s free and there is never any obligation!

Get Your Free Cash Offer Today!

we buy housesCashOfferOnHouse.com strives to bring you an easier way to sell your house. NO Hassles – NO Commissions- NO Closing Costs – NO Service Fees. Submit your info below to get your FREE CASH offer from a Cash Offer On House team member and Sell Your House Fast Today!

By clicking Submit Now, you agree to CashOfferOnHouse.com’s Terms of Service and Privacy Policy, and that Cash Offer On House may contact you via phone calls and text messages, on the landline or cell number you provided even if you’re on any Do Not Call list and even if you are charged for the call or text. We take your privacy seriously and you can opt out at anytime. Agreeing is not a condition of receiving our real estate services. If you have questions please us at 888-683-7909