At first glance, it might seem too challenging to try and sell your home in Oregon without a realtor. But there’s a reason that more and more homeowners are doing it.
Realtors have plenty of expertise in selling traditional houses, but they charge a pretty penny. So if you can get away with not having to pay 6% of your home sale to an agent, then why wouldn’t you?
Here’s a look at why paying a realtor to sell your home isn’t always necessary.
Save On Commissions
The most common reason people sell their homes without a realtor is to save money on commissions. Listing and buying agents typically charge around 3% each, and in most home sales, the seller is responsible for paying both agents’ commissions. That’s $27,000 on a $450,000 home.
On the other hand, if you can sell your home without using a real estate agent, you’ll be able to cut that amount in half and only have to pay the buyer’s agent fees. Better yet, find a buyer that’s willing to buy without an agent, and you’ll save thousands of dollars. This often happens when the seller knows the buyer personally or through a personal friend. When the buyer and seller can agree on the price and the other terms of the sale, a real estate agent isn’t necessary.
Not All Homes Will Sell With a Realtor
You’ve seen those real estate listings that have been active for more than a year. Some homes simply won’t sell as quickly as others, even with the help of a real estate agent. Homes that don’t sell well with agents typically fall into one of a few categories:
- They are highly personalized and uni que
- They are much bigger or much smaller than the average home in the area
- They are in poor condition and need a lot of work
- They are in an undesirable location
Owners of these types of properties might have trouble selling their home with a realtor. The good news is that there are other options. Companies that buy houses for cash can be a great resource, especially if the seller is in a hurry to find a buyer.
Pacific Northwest Investments Is Here
Trying and selling your house without a realtor can seem overwhelming, but Pacific Northwest Investments makes it easy and stress-free. Simply tell us a little bit about your home, and we’ll make you a cash offer in as little as 24 hours. You won’t need to make any repairs or even clean your house, and you can choose your move-out date.
We can close in as little as seven days so that you can be out of your home and onto your next adventure in well under a month. We charge no fees or closing costs, and you’ll get a fair price for your home in Salem, Oregon, and the neighboring cities. It really is that easy. Contact Pacific Northwest Investments for your cash offer today!