Selling A House Without A Real Estate Agent


The Kansas City metropolitan area is a 15-county metropolitan area anchored by Kansas City, Missouri, that straddles the border between the U.S. states of Missouri and Kansas.

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The temptation to retain the whole of your earnings gotten from the sale of your house will drive you to discard selling via a real estate agent. There are many websites including, FSBO, that permits you to exclude real estate agents when selling your house but home sellers who patronize such websites as these should be prepared to do a lot of legwork to manage the sales process, which does not still guarantee sales.

Now, while you consider doing away with real estate agents as you prepare to sell that house, you should consider a few things.

  •  Value Of Homes Today

A common mistake home sellers who subscribe to websites like FSBO, that promise you selling without real estate agents in is that the pricing of their home is too high, leaving the property to languish on the market.

To market a home competitively, home sellers should ensure they research the final sale prices of similar properties in their community. Real estate websites typically offer local sale trend information, selling prices for comparable homes in the community and the average length of time on the market. But these websites do not have all the data that a real estate agent that access to, so it might be worth asking a realtor to perform a market analysis or hiring an appraiser.

  •  Working With A Buyer’s Agent

In typical real estate transaction, you would hire an agent to list your home and you would pay a fee, which is traditionally about 6 percent of the purchase price. The buyer’s agent and the seller’s agent often split the commission in half.

If you are selling on your own, sometimes you can offer a commission to the buyer’s agent to motivate them to show your home to prospective buyers. The commission is about 3 percent of the sale price.

Not paying a commission to the buyer’s agent could shrink and limit your pool of potential buyers. You should first learn about your state’s real estate laws so you don’t overpay the buyer’s agent or get stuck in a transaction that is more harmful for you.

  •  Handling Sales And Marketing Duties

Some home sellers underestimate the amount of effort it entails to market their houses. You will need to keep the home clean, keep the clutter-free. Other important steps will also include taking good and professional photos of your property, writing effective sales descriptions, listing the property on several classified advertising and real estate websites as well as Buying and installing a “For Sale” yard sign with professional flyers that include contact information in addition to marketing their own property, Independent home sellers with agents will often need to find and hire people to help them complete the sale.

  •  Criticism For Your Home

The important part of selling a home fast in Kansas City is the one often overlooked which aspect, which is the emotional aspect. Home sellers will probably hear a lot about their home’s shortcomings from buyers trying to negotiate a lower price. Worst still, home sellers may not receive any interest in their home, especially of the price is too high.

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About Vine KC

Kansas City is the largest city in Missouri, United States. According to the U.S. Census Bureau, the city had an estimated population of 481,420 in 2016 making it the 37th largest city by population in the United States.

Contact Information

Vine KC

13725 Metcalf Ave #336 Overland Park
KS
66223
USA
Phone : 9138151355
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Published in

Real-Estate , 0

Published on

Jun 04, 2018

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