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the search for a house

How Do I Sell My House Without An Agent in Savannah?

Dec 11, 2020

You can sell your house or rental property in Savannah without hiring a real estate agent and we can help.

Even though we cooperate with brokers, it is sometimes more cost-effective not to pay someone to act as an intermediary.

First, you need to know about a tricky custom.

It is a lot of money to pay a commission of 5 to 6% on a sales transaction. There are times when GA brokers and real estate agents can be valuable and earn commissions, but not always.

Can I Sell My House Without An Agent in Savannah?

If you are selling in GA, there are a few ways to avoid paying high commissions.

Nearly half of the commission paid by the seller in Savannah goes to cover the buyer’s broker.

That seems a little odd, doesn’t it?

Should you pay the agent on the other side of the table?

The reality is that it is just the way things are usually done – it defies logic.

Using this to your advantage is possible in a few ways.

Consider the commissions paid when looking at comparable sales. Look at the prices of similar properties to yours to see if commissions were included.

Don’t underprice the property – savvy buyers will be expecting a discount as well. With one agent to handle the work, you save that money.

Buyers, who are not represented by an agent, sometimes forget to negotiate their side commission out of the sale price when buying a house in Savannah.  Don’t be surprised if it comes up in the negotiation.

If you plan to show your property to buyers’ agents, perhaps you should consider offering 2.5% to buyers’ agents. This may seem like a lot. By including the commission of an agent in the price of the property, you can always get a better price for a buyer who comes without an agent.

When you exclude buyer’s agents’ commissions from the calculations, you will likely exclude most of the buyers in “market_city”.

Multiple Listing Service(MLS). MLS is responsible for over 90% of all transactions. Brokers in Savannah use this database to find houses, condominiums, land, and investment properties for sale, as well as info for sold prices.

The traditional way to list a property on the MLS was to pay a full commission. At present, a few brokers charge a fee for listing properties on the MLS in Savannah. In most cases, you spend a few hundred dollars and only pay a commission when the sale is closed.

The MLS allows you to market your property to a wide audience for a lower cost than a newspaper ad.

MLS data is used by numerous major real estate websites, such as, Zillow, Yahoo Homes, etc. Listing your property with the MLS in Savannah will likely allow you to see your property on most major sites within a few days.

Each of those sites sells advertisements. Their packages include enhancements, prominent placement at the top of search results, and a lot more, but they can’t guarantee a buyer will be interested in your property.

Advertising is a gamble. Organizing an open house in Savannah GA may not be a waste of time, and they sometimes work well to sell your home. It’s like writing newspaper ads, posting on Craigslist, and having fancy signs – sometimes they work, sometimes they don’t.

A successful sale of your property depends on how well you market it.

Placing fliers and signs in your neighborhood can generate some calls. You can also post your information on several free websites. Flyers and open houses alone won’t sell your house if it doesn’t appeal to the average home buyer.

There is a reason why real estate agents charge high commissions: they have to advertise your property for a long time upfront. The more properties they advertise at once, the more phone calls they can expect from potential clients, and the more money they can make if they sell a lot of houses.

It may take thousands of dollars in advertising expenditures before the right buyer notices and contacts the seller.

Avoid Commissioners: Our investors will buy Your house in CASH directly from you!

We can sell your house quickly and at a fair price (in just seven days) by offering fair prices and quick closings.

On occasion, we will buy houses in Savannah, repair them, then rent them out.  In general, we flip the properties and sell them to people looking for homes in the Lowcountry.  You can contact us if you are considering selling in the GA region.

We are a company that cares for Savannah.