Selling Your House Without An Agent in Omaha, NE
If you’re looking to sell your house or investment property in Omaha without using a real estate agent, we can help.
Even though we work with Real Estate Agents, as they bring big value to the industry, sometimes working with an Agent isn’t for everyone.
In certain situations, Ne brokers and real estate agents can be very useful and earn their commission. Not always.
How Do I Sell My House Without An Agent in Omaha?
There are a few things you can do to avoid paying high commissions in your Ne sale.
First and foremost, you have to know commissions are distributed.
In most sales in Omaha, the seller pays roughly half of commissions for the buyer’s broker.
That doesn’t make much sense, does it?
Should you pay for what’s on the other side of the table?
Honestly, it kind of defies logic. Though, it’s just what’s typically done.
That can be used to your advantage in a few ways.
First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.
Don’t underprice your property – know that a savvy buyer may expect to take a discount too. If you’re doing the work of one agent, you can expect to save that money.
Sometimes in Omaha, buyers who aren’t represented by an agent won’t remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you don’t want to pay them. Just know that it may come up during the negotiation.
You may want to consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Yes, it’s quite a bit of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent.
On the other hand, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Omaha.
Did you know that over 90% of transactions go through the MLS ?– that’s the Multiple Listing Service. It’s the main database that all the brokers in Omaha use to access information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.
There was a time that you had to pay a full commission to get your property on the MLS. Now, there are a few brokers who may charge you just a fee just to list your property on the MLS. Regularly, that will only cost you a few hundred bucks, and you only pay a commission if the sale closes.
On the contrary to paying costly ads in the newspaper, the MLS is a cheap way to market your property to a broad audience.
All the major real estate search sites like Realtor.com, Zillow, Trulia, etc. get data from the MLS. There’s a high chance that when you submit your listing in Omaha to the MLS, information on your property will end up on most of the major sites within a few days.
Each of those sites sells ads. They’ve got packages that let you pay to enhance your listing, feature it at the top of the search, and a lot of other bells and whistles that might or might not get an interested buyer to buy your property.
Advertising is a gamble. Sometimes open houses in Omaha Ne can be a great way to sell a property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.
To effectively sell your property on your own, you have to market it well.
There are many websites where you can post information. Putting up fliers and signs around your neighborhood can also generate some calls. But often just putting up flyers and an open house isn’t enough if your house doesn’t appeal to the average home buyer.
In theory, the reason behind real estate commissions is that agents have to spend a lot of money up front to advertise your property. By advertising lots of properties at once, they expect to get more phone calls – and obviously, big profits are made by selling many houses. This hinders the possibility of focusing solely on your property if you need to move it fast.
Thousands of dollars might be spent in advertising before the adequate buyer sees the ad and calls.
Thankfully, there are other options: You can also sell your house to investors like us for CASH!
If you’re thinking “I need to sell my house fast in Omaha, Ne”, we pay fair prices that work for both parties. We can also execute a fast(in as little as 3-5 days) closing! We do work on your timeline, so it doesn’t matter if you need longer.
Sometimes we’ll purchase Omaha houses, fix them up, then rent them out… sometimes we’ll fix them up and sell them to other people looking for great homes in the area, and a lot of other reasons, too – but we love to hear from people like you who are thinking of selling anywhere in Ne.
We’re investors who care a lot about Omaha.
If you feel we may be the right fit, give us a call now at (402)-218-1996 or fill out the short form over here. Looking forward to hearing from ya!🙂