Do you need to know how to avoid real estate agent fees when you sell your house?
Are you going through the regular channels to sell your home through a real estate agent? If so, you’re not alone. Most people choose to go to a real estate agency that they trust to sell their house. That’s the conventional method because people often trust a real estate firm more than they would in selling a house directly to a buyer.
When you choose to use a real estate investor, you will see how to avoid real estate agent fees when you sell your house. Using a real estate investor cuts out the middle man (real estate company and sales representative), leaving just you and the investor to cut the deal.
Advantages of Using a Real Estate Investor
Sometimes it is a good thing to think outside the box. When you sell directly to a real estate investor instead of a real estate company in the Chicago Area, you may be able to get a better deal. There are many advantages to selling your house through a real estate investor. Some of the best advantages are listed below.
- Real estate investors have a lot of cash and working capital on hand so that they can make a deal quickly when they find a house they wish to purchase. If you need to sell your Chicago house fast, this is a great way to do it. You can close in just a few weeks, rather than a few months.
- Real estate investors are more likely to make you a deal that you can live with. Since they have less limited funds than an individual buyer, you will usually get more for your home than you would when dealing with a real estate company. Remember, too, that a real estate company gets a cut, along with the sales representative who sold your home. When you cut the number of people down to just you and real estate investor, you get a larger slice of the pie.
- Real estate agents collect a fee for every sale. They are a sales representative for the real estate company that they represent. So they get a percentage of the final sales price, cutting out some of your profit that you could use to purchase or finance another home.
How to Avoid Real Estate Fees When You Sell Your House
When you use a real estate agent, there are no real estate fees to worry about. This puts you in a position to be able to make a better deal for your house, and you can also have the money in your hands much faster than if you used traditional methods. Agent fees can be very high so by avoiding this extra cost, you will free up more money for yourself.
This can help you immensely when you are looking for another house and it lets you control the sales price when you cut out the wheelers and dealers that are so prevalent in the real estate industry.
If you need more information on how to sell your house in Chicago and Suburbs, call us at (630) 984-0000. We are always happy to talk to you about selling your house and we can offer options that you may not have thought about before.