Are you considering selling a property in Los Angeles or the surrounding areas without the aid of a real estate agent? If so, we can assist in selling your home or investment property in LA without the need for a realtor.
While we do collaborate with brokers, avoiding middleman costs can sometimes be the best approach. Remember, commissions from property sales can amount to 5-6% of the sale price, which isn’t a small sum. While LA brokers and real estate agents can be beneficial and worth their commission in certain situations, it’s not always the case. Hence, the idea of selling your property without an agent might be appealing!
There are ways to prevent the high commissions associated with your LA home sale.
Understanding the requirements to sell your home without a realtor is crucial, but there’s an industry custom you should be aware of.
In the majority of LA home sales, about half of the commission paid by you, the seller, is intended for the buyer’s broker.
This can seem illogical! Why would you pay a commission to the agent representing the other party? While it may go against reasoning, that’s typically how it works. However, this could potentially be used to your advantage.
Bear in mind! Over 90% of transactions are conducted through the MLS – the Multiple Listing Service. It’s the primary database used by LA brokers to provide their clients with information about houses, condos, land, and investment properties for sale, as well as data on selling prices.
Previously, getting your property listed on the MLS meant paying a full commission. Nowadays in LA, some brokers will charge you a fee just for MLS listing. Often, you pay a few hundred dollars and only owe commission if the sale finalizes.
Compared to newspaper advertising costs, the MLS offers a cost-effective way to expose your property to a large audience.
Major real estate search sites like Realtor.com, Zillow, and Yahoo Homes, among others, draw data from the MLS. When you list your LA property on the MLS, it’s highly likely that your property details will appear on most major sites within days.
Each site offers advertising packages, allowing you to upgrade your listing, feature it at the top of search results, and provide other enhancements that could potentially attract a buyer.
Advertising can be hit-or-miss. Sometimes open houses in LA can prove successful in selling property, while at other times they may not be worthwhile. The same can be said for newspaper ads, craigslist postings, and flashy signs – sometimes they deliver, sometimes they don’t. To sell your property successfully without assistance, you must market it effectively.
Posting flyers and signs in your local area can lead to some inquiries, and there are many free websites where you can list information. However, relying solely on flyers and open houses may not be sufficient if your property isn’t appealing to the average home buyer.
In theory, the hefty commissions charged by real estate agents are due to their upfront advertising expenses for your property. By promoting several properties simultaneously, they anticipate receiving more calls, thus profiting from numerous property sales.
Some properties might necessitate substantial advertising expenditure before the right buyer sees the ad and makes a call. If you want to avoid these commissions, you can sell your house to investors (like us) for CASH.
So, how do you sell a house in LA without a real estate agent? Sell it to us!
We offer fair prices for properties and can finalize transactions quickly (as soon as 3-5 days if necessary). We purchase houses for cash, ‘as-is’, and are ready to close as early as you wish or at a pace that suits you.
We understand that many sellers need to sell their property for cash due to various reasons – be it to fund their children’s education, cover medical expenses for a sick relative, or simply to relocate.
Whatever your circumstances, we empathize with your urgency. We’re committed to alleviating your financial burdens by purchasing your house QUICKLY and for CASH.
When you sell through an agent, you’re unsure of how long your property will be on the market before a potential buyer surfaces. Moreover, that buyer may not qualify for a mortgage. When you sell to us, however, you receive a quick cash offer.
We consistently have cash on hand to buy houses. That’s our business. And you won’t have to pay hefty realtor commissions, which saves you money.
We buy houses Los Angeles (LA), refurbish them, then rent or sell them to others seeking quality homes in the area. We love hearing from potential sellers anywhere in California, including Orange County and Long Beach.
We care deeply about Los Angeles and Southern California as a whole, and we’re real estate investors who can close transactions quickly and pay cash within as little as 3-5 days. So, if you’re still asking yourself, “How do I sell a house without a realtor in LA?” maybe it’s time to get in touch with us. Call us at (310) 928-9688 or fill out the brief form here.