Are you getting geared up to sell your home in Texas? If so, then you’ve likely seen homes for sale by owner as well as houses on the market for sale through an agent. Which option is best for you? The answer is highly dependent on how much time and effort you want to put into the sale, as well as how much profit you want to receive directly.
Working with an agent has its benefits, but it also means that you’ll pay commission fees for their help. Learn more about your options below.
What are Commission Fees?
Unless you’ve sold your home before, you might not realize how much of a task it really is to list homes for sale by owner (FSBO) When you go at a home sale all on your own, you’ll be in charge of listing, fixing up, marketing, and pushing your property. You’ll also have to find interested buyers, answer questions, show your home, negotiate with buyers, understand appraisals, go through the closing process, and more!
When you work with an agent, though, they take care of these things in exchange for a commission fee once the sale goes through. In general, real estate agents ask for about 3-10% of the overall sale price for their efforts.
Homes for Sale by Owner: Are there Still Commission Fees?
So, what happens with houses for sale by owner? Are commission fees still a thing? In short, the answer is ‘no’. When you list houses for sale by owner by yourself, you won’t have to pay anyone else. The only bad news is that you’ll have to put in a lot more effort to sell your home by taking on the tasks that your realtor would’ve done for you.
Are You Hoping to Cut the Commission Fees?
If you find success selling your home through for sale by owner (FSBO) listings, then you won’t have to shell out additional fees to a real estate agent. That means more money goes directly into your pocket!
Of course, attempting to do everything by yourself and successfully listing and marketing for sale by owner homes is no easy task. The good news is that it isn’t your only option! You can also avoid paying excessive commission fees by working with a commission-free company like Investorade.
Our company helps you sell your home either for cash, through our exclusive platform, or through the traditional marketplace. Either way, we won’t charge you hidden fees or commissions. Check out more information for sellers, or consider reaching out to one of our agents to learn more about how we can help you.