How Do I Sell My House Without An Agent in Wichita?

Sell My House Fast Wichita | (316) 413-8314 | Sell Now Homes Wichita

If you want to sell your house or investment property in Wichita without using a real estate agent, we can help.

Although we do work with brokers when needed, sometimes it’s best to avoid paying another party.

After all, paying a commission of 5-6% of the property sale is a lot of money. It can be very useful, in certain situations, for Kansas brokers and real estate agents to earn their commission. Not always.

How Do I Sell My House Without an Agent in Wichita?

There are some ways to avoid paying high commissions in your Kansas property sale. First, however, you need to know about a tricky practice.

Roughly half of the commission sellers pay goes to finance the buyer’s broker in most Wichita sales.

Doesn’t make much sense, right?

Why should you have to pay the agent on the other side of the table? Unfortunately, it is what’s typically done in the real estate business – it defies logic. You could use that to your advantage in a few ways.

First, look at comparable sales and factor in the commissions paid. Take into account prices that included commissions on properties sold that are similar to yours.

Don’t underprice your property – a savvy buyer will expect to take a discount. If you’re doing the work of one agent, you can expect to save that money.

Wichita buyers who aren’t represented by an agent sometimes won’t remember to negotiate the buyer’s side commission out of the price for themselves. If you don’t want to pay them, then don’t remind them. But, don’t be surprised if it is brought up during the negotiations.

Consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Yes, it is a lot of money. If you’re pricing your property to include the commission, you can always negotiate an even better deal for a purchaser who doesn’t have an agent.

Keep in mind that if you don’t leave room for the buyer’s agent’s commission, you will be excluding most of the buyers in the Wichita market.

Over 90% of transactions happen through the Multiple Listing Service (MLS). The MLS is the main database accessed by all brokers in Wichita with information for their clients on houses, condos, land and investment properties for sale, and data on properties that have been sold.

Once upon a time, you had to pay a full commission to get your property on the MLS. Now in Wichita, there are a few brokers who will charge you a fee just to list your property on the MLS. Often, you spend a few hundred bucks and you only pay a commission if the sale closes.

The MLS is an inexpensive way to market your property to a wide audience compared to the cost of a newspaper ad.

All the major real estate websites like Zillow, Realtor.com, Redfin.com, Yahoo Homes, etc. get their data from the MLS. Information on your property will end up on most of the major sites within a few days after you submit your listing in Wichita to the MLS.

All of those online sites sell ads and marketing packages that allow you to enhance your listing by purchasing one or more of their options. You could even have your listing featured at the top of house searches and other options they offer that may or may not get an interested buyer to buy your property.

Advertising is a gamble. Marketing your listing through open houses, newspaper ads, craigslist postings, or even fancy signs can be a great way to sell a property in Wichita Kansas. However, sometimes they work and sometimes they don’t, and they could potentially be a waste of your time and money.

To Effectively Sell Your Property on Your Own, You Have to Market It Well.

There are a lot of free websites where you can post information about your listing, and placing flyers and signs around your neighborhood can also generate some calls. But just putting up signs and having an open house isn’t enough if your house doesn’t appeal to the average home buyer.

Real estate agents charge large commissions because they have to spend a lot of money to advertise your property. Some properties might require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call. By advertising many properties at once, agents expect to receive more phone calls and obviously, they will make good profits by selling a lot of houses.

If You Want to Avoid Paying Any Commissions, You Can Sell Your House to Investors Like Us For CASH.

Not only do we offer fair prices for properties, but we can also close fast, sometimes in as little as 3-5 days.

In some cases we purchase Wichita houses, renovate them, and then rent the property. In other cases, we will fix homes up and sell them to someone who is looking for great homes in the area. There are a lot of other reasons, too, and we love to hear from people like you who are thinking of selling in Kansas.

We are investors who care a lot about Wichita. We close fast and pay cash in as little as just 3-5 days. Give us a call now at (316) 413-8314 or fill out our short form.

Give us a call now at (316) 413-8314 or
complete our Get My Fair Cash Offer form today.

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