Will you be listing my house on the MLS or actually buying it?

Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses Calgary that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.

Do you pay fair prices for properties?

Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)

How do you determine the price to offer on my house?

Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.

Are there any fees or commissions to work with you?

This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking the risks here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand).

How are you different from a real estate agent?

Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).

Is there any obligation when I submit my info?

There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.

How to Sell Your House Without Paying Commission

Selling a house can be a complex and time-consuming process, and the cost of hiring a real estate agent to help can add up quickly. If you’re looking to sell your house without paying a commission, there are several options available to you.

The purpose of this article is to inform you of the various ways of selling your house without paying a commission in order to help you make an informed decision. Whether you’re looking to save money or simply prefer a more hands-on approach, there are several strategies that can help you sell your house without paying a commission. Let’s find out how to sell your house without commission.

Different mediums that will help you to sell a house without commission?

Online real estate platforms: With an online house listing platform such as Alberta house partners, you can offer your property for sale and reach a large number of potential buyers. These platforms often charge a flat fee for listing your property, but there is no commission charged upon the sale.

Social media: Using social media platforms like Facebook, Twitter, and LinkedIn, you can spread the word about your house being for sale and reach a large audience.

Classified ads: You can place ads in local newspapers or online classifieds like Craigslist and Kijiji to reach potential buyers in your area.

For Sale By Owner (FSBO) websites: FSBO websites Fsbo.ca and Wowa.ca specialize in helping homeowners sell their property without the assistance of a real estate agent. These websites typically charge a fee to list your property, but there is no commission charged.

Personal networks: Reach out to family, friends, and acquaintances to see if they know anyone in the market for a new home. Word of mouth can be a powerful tool in selling your property.

Open houses: Hosting an open house is a great way to attract potential buyers and show off the features of your home. You can also collect contact information from interested parties for follow-up.

These are just a few of the many options available for selling a house without paying commission. It’s important to consider your own comfort level and expertise in handling the sale process, as well as the local market conditions, before choosing a medium to sell your property.

How to Sell Your House Without Paying Commission?

Determine the market value of your property

Before you start the selling process, it is important to know the market value of your house. You can use online tools like Zillow’s Zestimate or Redfin to get a rough estimate of your property’s value. You can also compare your property with similar homes in your area that have recently sold to get a more accurate valuation.

Get your house in order

Make sure your property is in the best possible condition before advertising it. Repair any damaged items, clean the house thoroughly, and consider hiring a professional stager to help you present your house in the best possible light. Tips to get your house in order.

Advertise your property

Once your house is ready, it’s time to start advertising it. You can use a variety of channels to reach potential buyers, including online platforms like Craigslist, Facebook Marketplace, and Zillow. You can also consider putting up signs in the yard, and hosting an open house.

Negotiate with potential buyers

When you receive an offer from a potential buyer, you will need to negotiate the terms of the sale. Be prepared to discuss the price, closing costs, and any other terms that are important to you. Make sure to have a clear understanding of what you are willing to compromise on and what you are not.

Hire a real estate attorney

It is important to have a real estate attorney review the purchase agreement and handle the closing process to ensure that everything is done legally and correctly. This will also help to protect your interests in the transaction.

Close the sale

Once you and the buyer have agreed on the terms of the sale, it’s time to close the deal. Your attorney will handle the closing process and ensure that all the necessary paperwork is signed and filed.

Get paid

After the closing, you will receive the proceeds from the sale of your house. Make sure to keep accurate records of all the expenses and income related to the sale so that you can report it correctly on your taxes.

Why marketing is important to sell your house without commission?

Marketing is crucial when it comes to selling a house without a real estate commission. Without the help of a real estate agent to advertise your property and reach potential buyers, it is up to you to effectively market your house to get the attention of interested buyers.

Here are the reasons why marketing is important when selling a house without a commission:

Increased exposure: Marketing helps to increase the exposure of your property to potential buyers. By advertising your house on various platforms and channels, you can reach a larger audience and increase the chances of finding a buyer who is interested in your property.

Competitive advantage: With effective marketing, you can showcase the unique features and benefits of your property, setting it apart from other houses on the market. This can give you a competitive advantage and help you to attract more interested buyers.

Better negotiating power: When you have multiple offers on your property, you have more negotiating power when it comes to choosing the best offer. By marketing your property effectively, you increase the chances of receiving multiple offers and having the ability to choose the best one for you.

Highlight your property’s strengths: Marketing allows you to highlight the strengths of your property and showcase what makes it special. This can include its location, design, and any other features that make it stand out from other properties on the market.

Attract the Right buyers: By advertising your property in the right places and targeting the right audience, you can attract the right buyers who are looking for a property like yours. This can help you to find a buyer who is more likely to close the deal and pay the price you are asking for.

FAQs

Can I sell my house without a real estate agent?

Yes, you can sell your house without a real estate agent. This is known as a For Sale by Owner (FSBO) transaction and it can save you thousands of dollars in real estate commission fees. However, it requires more work and preparation on your part, as you will need to handle all aspects of the sale, including advertising, negotiations, and closing.

How do I determine the market value of my property?

To determine the market value of your property, you can use online tools like Zillow’s Zestimate or Redfin. You can also compare your property with similar homes in your area that have recently sold to get a more accurate valuation. It is also a good idea to have a professional appraiser assess the value of your property to ensure that you are pricing it correctly.

How do I advertise my property without a real estate agent?

There are many ways to advertise your property without a real estate agent, including online platforms like Craigslist, Facebook Marketplace, and Zillow. You can also consider putting up signs in your yard, hosting an open house, and reaching out to friends, family, and acquaintances to spread the word about your property.

How do I handle negotiations and the closing process without a real estate agent?

It is recommended to hire a real estate attorney to handle the negotiations and the closing process when selling your house without a real estate agent. An attorney can review the purchase agreement and ensure that everything is done legally and correctly, protecting your interests in the transaction. Additionally, they can handle the closing process and ensure that all the necessary paperwork is signed and filed.

Final words

Hope you have got some idea about how to sell a house without commission. Selling a house without a real estate commission requires some extra work and preparation, but it can be done successfully if you follow the steps outlined above. By taking the time to research the market, advertise your property effectively, and negotiate with potential buyers, you can sell your house for a fair price and save thousands of dollars in commission fees.