{"id":1728,"date":"2022-02-22T00:00:00","date_gmt":"2022-02-22T05:00:00","guid":{"rendered":"https:\/\/chrisbuyshomesstlseller11.carrot.com\/?p=1728"},"modified":"2022-02-22T00:00:00","modified_gmt":"2022-02-22T05:00:00","slug":"how-do-i-sell-my-house-without-an-agent-in-detroit-mi","status":"publish","type":"post","link":"https:\/\/www.chrisbuyshomesdetroit.com\/blog\/how-do-i-sell-my-house-without-an-agent-in-detroit-mi\/","title":{"rendered":"How Do I Sell My House Without An Agent in Detroit?"},"content":{"rendered":"

If you\u2019re looking to sell your house or investment property in Detroit without using a\u00a0<\/strong><\/span>real estate agent<\/strong><\/span>, we can help.<\/p>\n

Although we do cooperate with brokers, sometimes it\u2019s best to avoid paying\u00a0someone to be in the middle.<\/p>\n

After all, paying 5-6% of the sale of a property in a commission is a lot of money. In\u00a0certain situations, MI brokers and real estate agents can be very useful and earn\u00a0their commission. Not always.<\/p>\n

How Do I Sell My House Without An Agent in Detroit?<\/h2>\n

There are a few ways to avoid paying high commissions in your MI sale.<\/p>\n

First, there\u2019s a tricky custom that you\u2019ve gotta know about.<\/p>\n

In most sales in Detroit, roughly half of the commission you pay as the seller goes to\u00a0pay for the buyer\u2019s broker.<\/p>\n

Doesn\u2019t make much sense, right?<\/strong><\/p>\n

Why should you pay for the agent on the other side of the table?<\/p>\n

Truthfully, it defies logic \u2013 it\u2019s just what\u2019s typically done.<\/p>\n

You can use that to your advantage in a few ways.<\/p>\n

First, factor in the commissions paid when you\u2019re looking at the comparable sales. If\u00a0the properties similar to yours sold for prices that included commissions, take that\u00a0into account.<\/p>\n

Don\u2019t underprice your property<\/strong> <\/em>\u2013 be aware that a savvy buyer may expect to take\u00a0a discount too. If you\u2019re doing the work of one agent, you can expect to save that\u00a0money.<\/p>\n

Sometimes in Detroit, buyers who aren\u2019t represented by an agent won\u2019t remember\u00a0to negotiate the buyer\u2019s side commission out of the price for themselves, so don\u2019t\u00a0remind them if you don\u2019t want to pay them. Just don\u2019t be surprised if it comes up\u00a0during the negotiation.<\/p>\n

You may want to consider offering 2.5% to buyer\u2019s agents who will bring their\u00a0clients to show your property. Sure, it\u2019s a lot of money. If you\u2019re pricing your\u00a0property including that commission, you can always negotiate a better deal for a\u00a0purchaser who comes without an agent.<\/p>\n

On the other hand, if you don\u2019t leave room for the buyer\u2019s agent\u2019s commission, you\u2019ll\u00a0be excluding most of the buyers in the market in Detroit.<\/p>\n

Over 90% of transactions happen through the MLS<\/strong> \u2013 that\u2019s the Multiple Listing\u00a0Service. It\u2019s the main database that all the brokers in Detroit use to access information\u00a0for their clients on the houses, condos, land and investment properties for sale,\u00a0along with data on the sold prices.<\/p>\n

Once upon a time, you had to pay a full commission to get your property on the\u00a0MLS. Now in Detroit, there are a few brokers who will charge you a fee just to list\u00a0your property on the MLS. Often, you spend a few hundred bucks and you only pay\u00a0a commission if the sale closes.<\/p>\n

Compared to the cost of a newspaper ad, the MLS is a cheap way to market your\u00a0property to a very wide audience.<\/p>\n

All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get\u00a0data from the MLS. Chances are good that when you submit your listing in Detroit to\u00a0the MLS, information on your property will end up on most of the major sites within\u00a0a few days.<\/p>\n

Each of those sites sells ads. They\u2019ve got packages that let you pay to enhance your\u00a0listing, feature it at the top of the search, and a lot of other bells and whistles that\u00a0might or might not get an interested buyer to buy your property.<\/p>\n

Advertising is a gamble<\/strong>. Sometimes open houses in Detroit MI can be a great way to\u00a0sell a property, and sometimes they\u2019re a waste of time. Same with newspaper ads,\u00a0craigslist postings, fancy signs \u2013 sometimes they work, and sometimes they don\u2019t.<\/p>\n

To effectively sell your property on your own, you have to market it well.<\/h2>\n

Putting up\u00a0fliers and signs around your neighborhood can generate some calls, and there\u2019s a lot\u00a0of free websites where you can post information. But often just putting up flyers and an open house isn’t enough if your house doesn’t appeal to the average home buyer.<\/p>\n

In theory, real estate agents charge big commissions because they have to spend a\u00a0lot of money up front to advertise your property. By advertising lots of properties at\u00a0once, they expect to get more phone calls \u2013 and obviously, they\u2019ll make good profits\u00a0by selling lots of houses.<\/p>\n

Certain properties might require thousands of dollars in advertising expenses\u00a0before the right buyer happens to see the ad and call.<\/p>\n

If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH<\/h2>\n

We fair prices for properties \u2013 and we can close fast (in as little as 3-5 days if you need to).<\/p>\n

Sometimes we\u2019ll purchase Detroit houses, fix them up, then rent them out… sometimes we\u2019ll\u00a0fix them up and sell them to other people looking for great homes in the area, and a lot of other reasons, too \u2013 but we love to hear from\u00a0people like you who are thinking of selling anywhere in MI.<\/p>\n

We\u2019re investors who care a lot about Detroit.<\/p>\n

We close fast and pay cash in as little as just 3-5 days. Give us a call now at (313) 217-9851 or fill out the short form over here<\/a>.<\/p>\n

Sell Your Detroit House Fast – Get A Cash Offer Today<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

If you\u2019re looking to sell your house or investment property in Detroit without using a\u00a0real estate agent, we can help. Although we do cooperate with brokers, sometimes it\u2019s best to avoid paying\u00a0someone to be in the middle. After all, paying 5-6% of the sale of a property in a commission is a lot of money. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1728","post","type-post","status-publish","format-standard","hentry","category-sellers"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/posts\/1728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/comments?post=1728"}],"version-history":[{"count":0,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/posts\/1728\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/media?parent=1728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/categories?post=1728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chrisbuyshomesdetroit.com\/wp-json\/wp\/v2\/tags?post=1728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}