How to sell privately
The Best Way To Sell Your House is Privately
the best way to sell your house hi this
is Bob Morrill from email home CA
talking to sellers today about the best
way to sell your house now I'm a real
estate agent so the first thing you need
to do is say hey this guy is just gonna
be biased
well I'll surprise you the best way to
sell your house today is privately and
here's how you do it you need to have a
sign on the lawn
you need to advertise in the local paper
you need to put it on a website that's
seen by at least a few thousand people
and you need to be on the MLS
the latter thing the MLS is like without
being on the MLS you're doing what every
other private company and private seller
does is you're hoping that somebody will
drive by and see your house take the
time to come and ask you how much it
costs and have a look around and to make
you an offer or they're going to go on a
website one of Hamilton there's at least
12 of them now different private sale
companies so you're hoping that they'll
see that one listing on one of those
sites and come and see your house none
of that works most of the time the way
it does work is on the MLS because
organized real estate so that's real
estate agents anybody the public to go
onto the MLS system whatever organized
real estate make sure that your house is
instantly seen overnight when it's on
the MLS but how do you get on there you
need a real estate agent to get on the
MLS that's the law however there are
some private companies out there that
will put you on the MLS through an
association they have with a real estate
company for a fee usually around 500 to
a thousand dollars they'll put you on
the MLS now that sounds like a lot of
money but it is critical to be on the
MLS because the world will see your
houses for sale once you're on the MLS
now the public is seeing it but more
importantly is all the agents in the
area are seeing that listing right away
you say well I don't want to pay an
agent well let's think about that for a
minute mister agent here has been
cultivating these buyers and they've
been looking at houses for a couple of
months he's been spending time with them
he's got them pre-approved so there's no
financing issues he's explained to them
all the different types of houses so
that now there are educated buyers
they're not going to look and nickel and
dime you they're not going to look for a
little silly little things to fix
because the agent is cultivated and
that's taking them a couple of months
but they haven't found the house they
like yet suddenly he sees your house and
he calls up mister mister buyer says hey
think I found the perfect house and he
brings that buyer to you they love the
house and they make an offer you say to
me why should I pay the agent because
the agent has been working to get that
buyer ready to buy your house the person
you don't need to pay is me because I'm
listing your house or the private
company whoever you use to get on the
MLS all you did was pay to get on the
MLS you didn't want any other other
services so the most that should cost is
about a thousand dollars some will even
do it cheaper than that the most
important part about what we're talking
about here is paying the buyer's agent
to bring that buyer to you and what that
person expects is 2 to 2.5 percent of
the sale of your home on a $200,000 home
that's about 4,500 bucks now if you
think that's too much money
step back for a minute if you sell your
house without this guy you have to do
all the cultivating of the buyers how do
you do that when you're not an agent
well you have to put ads in the paper to
attract people to come to your house you
have to put it on in many web sites as
you possibly can that usually costs a
few bucks and adds up plus the time it
takes to cultivate all these people
because you're gonna have to get as many
people through your house as possible
in order to find that one person that's
ready to buy of course then you're going
to have to make sure that person was
financed properly that that person is
not going to look a nickel and diming to
desk that that person is not going to
pick on things in your house and try and
bring the price down you've got the
agent stopping all that from happening
because that's their job so for 4,500
bucks you have a no headache sale of
your house privately what are you saving
while you're saving on the listing side
which is another two 22.5% this is why
when you're asking agencies what does it
cost to sell a house you're hearing a
five and six percent mark that's because
two ages get paid when you sell
privately I'm suggesting that you only
pay the one agent you get on the MLS
anyway you can either through an agent
or through a private company pay
whatever it takes but you're only going
to pay the buyer's agent when your house
sells only then for more tips like this
or if you're not quite sure what I'm
talking about
feel free to email man we at Robert at
email homes CA I'd be happy to answer
any of your questions free of charge of
course and no obligation whatsoever you
can text me - if you like it five three
six four six four four this is not a
complicated issue but it is a great
for you to save money without
disinheriting the most important group
of people who will likely bring in a
buyer for your home
