Have you ever wondered how to sell your house without Realtor West Springfield, Massachusetts? Don’t get me wrong, I think Realtor’s are great and they serve a great purpose for the majority of us that are trying to buy a house or sell a house. But what about those of us who want to sell their house fast or do not want to pay the extra real estate commissions involved in selling a house?
For Sale By Owner
4 Words. For. Sale. By. Owner. It’s a beautiful thing if you have the patience, presence of mind and don’t mind making a few phone calls. You can have your house sold very quickly and save yourself a fortune. Let’s take a look at the following scenario.
Bob has a house and he wants to sell his house and wants no less than $245,000.00. Knowing that the comparable sales for houses in his area are around $250,000.00, he consults a few local real estate agents and realizes that if he were to go with an agent as the seller, he would be responsible for paying approximately a 6% real estate commission – 3% to his agent and 3% to buyers agent.
Let’s do some math.
Hopeful Selling Price: $250,000.00 minus 6% ($15,000) = $235,000.
I don’t know about you, but 15 grand for someone to sell a house is pretty steep and not all of us are willing to use Realtor services to sell a house when we can save 95% of those costs by selling the home ourselves.
If Bob went through with this, he would take home $235,000.000 which is $10,000.00 less than what he needed. Based on this, listing with a Realtor just doesn’t work. What can he do? Well, let’s get back to our 4 fun words. For. Sale. By. Owner.
Literally, visit foresalebyowner.com and be amazed. Even their “deluxe” package, where you can manage your listing, have it posted on the local Multiple Listing Service, Zillow, realtor.com and a bunch of other sites costs $749.00. I don’t know about you, but the last time I checked, $749.00 plus a few fee’s (lawyer, etc.) here and there is a lot less than $15,000.00. But let’s say you don’t want to do that and are strapped for cash… well there are other ways to market. Use yard signs, bandit signs, and post your house for free on Craigslist in your local market. Everyday people scour Craigslist for great deals and houses and some of the best are the ones that are not on the MLS.
I Have an Ugly House No One Wants to Buy
This is where you are wrong. Because not only would I buy your ugly house fast in West Springfield, but could do so quickly and for cash–even if it needed a significant amount of work. If you are not living in the property, it’s an inherited house, received it through the probate process, whatever your situation is, we will give you a fair cash offer.
I Owe Real Estate Taxes
In Massachusetts you cannot sell your home with existing real estate tax liens on your property. This means if you have real estate taxes that are passed due, well, you have to pay up. This is where the experience of a good real estate investor comes into play and where creativity can often be a win-win situation for both the seller and the buyer. Even if you have $15,000.00 in back real estate taxes, you can still sell your house today! At the closing table, you can use the cash for your house and use it towards any existing real estate liens to clear your name. This will allow you to sell the property as if you owe no real estate taxes. I see far too many people around just giving up on their property and allowing the town to seize ownership of the property or allow it to go to foreclosure. This doesn’t need to happen!
My House is Worth What I Owe
This doesn’t mean you can’t sell it. It’s actually more of a reason to sell it without a Realtor than with one. A good real estate investor can help you navigate this issue and negotiate with the bank for you. Often re-location funds can be received from the bank for the owner.There are other solutions to help you get out from under this difficult situation.
When it comes to selling your house fast in West Springfield or if you want to sell without a Realtor in Massachusetts, know you have options. We’d even love to speak with you and would love to offer to buy your house.