There are a multitude of things to consider when selling your house. One very big concern for many sellers is the cost of real estate agent commissions which can be upwards of 6%. That expense can take away a huge chunk of your money at the closing table. In this post we will explain how you can avoid paying agent fees altogether when selling your property in Detroit, MI. Fortunately it isn’t all that complicated and after reading this information you will know about some options you may not have been aware of.
You Do Not Have To List
Contrary to popular belief, you actually don’t have to list your property for sale with a real estate agent. Although selling through an agent is the most common way to sell a house, there are other alternatives available. First of all, if a property isn’t in picture-perfect condition some agents will not even agree to list it anyway. Some agents might require you to agree to make some repairs and will cause extra unnecessary hoops to jump through prior to signing a listing agreement.
For Sale By Owner
You can actually sell your house yourself if you have the time. The best way to do that in today’s market is to create your own listing and post it on Zillow. One of the great things about this option is that your FSBO listing will also appear on other credible websites as well. Zillow listings tend to get a lot of views as long as you have a thorough description and a lot of great pictures posted in your listing. The downside to this option is that you’ll need to personally handle the inquiries and many of these prospects might not be serious buyers. It can be very frustrating as seller when you get your time wasted by a bunch of “tire kickers” who might not even be qualified to purchase your property in the first place! However, if you are successful with selling the property yourself, you won’t be required to pay an agent a commission because you did all of the work.
Press The Easy Button And Sell To A Professional Home Buyer
There are professional cash home buyers in Detroit who will buy your house fast and “as-is” with no fees. One very reputable property buyer is Detroit Fair Offer. This option is great if you’re looking to avoid paying agent fees when selling your property and it’s simple. You will get a fast cash offer and when you come to an agreement the sale of your house will be completed within 30 days. Not only that but you won’t pay any closing costs either!