If you’re trying to sell your home or investment property in Charlotte without the help of a real estate agent, we are here for you.
While we do work with brokers, there are times when it makes sense to skip the middleman and save some money.
After all, giving away 5-6% of your property’s sale price as a commission can really add up. In some cases, NC brokers and real estate agents provide valuable services and justify their fees, but that’s not always the case.
Options to Sell My House Without An Agent in Charlotte?
You have several options to help you avoid high commissions when selling your home in NC.
First, there’s a smart trick you need to be aware of.
In most transactions in Charlotte, about half of the commission you pay as a seller goes to the buyer’s agent.
Doesn’t that sound a bit odd?
Why should you cover the cost for the agent helping the buyer?
Honestly, it doesn’t really add up – but that’s just how it usually works.
You can turn this to your benefit in a few ways.
First, consider the commissions when you compare sales. If homes like yours sold for prices that included commissions, be sure to account for that.
Don’t sell your property for too little – keep in mind that a clever buyer might think they deserve a discount too. If you’re acting as one agent, you can save that money.
Sometimes in Charlotte, buyers without an agent may forget to negotiate the buyer’s commission out of their price, so don’t mention it if you’d rather not pay them. Just be ready for it to come up during talks.
You might think about offering 2.5% to agents who bring clients to look at your property. Yes, it’s a significant amount. If you set your price including that commission, you can always arrange a better deal for buyers coming without an agent.
However, if you don’t set aside money for the buyer’s agent’s commission, you could be missing out on many buyers in Charlotte.
More than 90% of sales go through the MLS – that’s the Multiple Listing Service. It’s the main tool that brokers in Charlotte use to find information on houses, condos, land, and investment properties for sale, along with details on sold prices.
In the past, you had to pay a full commission to list your property on the MLS. Now in Charlotte, there are some brokers who will let you pay a fee just to get your property listed on the MLS. Often, you’ll pay a few hundred dollars and only owe a commission if your sale goes through.
All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the MLS. Chances are good that when you submit your listing in Charlotte to the MLS, information on your property will end up on most of the major sites within a few days.
Each of those sites sells ads. They’ve got packages that let you pay to enhance your listing, feature it at the top of the search, and a lot of other bells and whistles that might or might not get an interested buyer to buy your property.
Advertising is a gamble. Sometimes open houses in Charlotte NC can be a great way to sell a property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.
To effectively sell your property on your own, you have to market it well.
Putting up flyers and signs in your neighborhood can bring in some calls, and there are many free websites where you can share your listing. However, simply hanging up flyers and hosting an open house may not be enough if your home isn’t appealing to most buyers.
Real estate agents often charge high commissions because they invest a lot of money upfront to market your home. By promoting many properties at the same time, they hope to receive more inquiries – and, of course, they aim to earn good profits by selling many homes.
Some homes may need thousands of dollars spent on advertising before the right buyer sees the ad and decides to reach out.
If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH
We offer fair prices for homes, and we can close quickly—sometimes in as little as 3-5 days if you need it.
At times, we buy houses in Charlotte, make improvements, and then rent them out. Other times, we fix them up to sell to those looking for wonderful homes in the area. We’re always eager to connect with people like you who are considering selling anywhere in NC.
We’re investors who genuinely care about Charlotte.
We can close quickly and pay cash in as little as 3-5 days. Call us now at 704-605-9520 or fill out this short form here.