SELL YOUR ATLANTA HOUSE
The downside to selling your house with a real estate agent
In Atlanta, Realtors® typically eat up 5%–6% of the total price from a house sale. That means the commission on a $150,000 house sale is $7500.
That’s quite a chunk of money. Selling a house without a Realtor® is an option if you don’t want to share a percentage of your profits with a real estate agent.
How to sell your house without a Realtor®
If you’re asking yourself, “What are the options for selling a house without a Realtor®?” you basically have two choices: Sell the house yourself For Sale By Owner (FSBO) or sell to a cash home buyer. Let’s look at the pros and cons of each choice.
How to sell a house without a Realtor® in Atlanta: the FSBO option
Selling a house without a Realtor® can be a lot of work if you choose FSBO. Although you will save money by not paying Realtor® commissions, the payoff may not be worth it.
As of February 2023, according to the FSBO website in Atlanta, there are 103 single family houses listed in Atlanta. Additionally, there are 32,266 listings with real estate agents, according to the Atlanta MLS. The competition is steep if you want to sell FSBO, and selling this way comes with many challenges.
Selling your house FSBO: a quick checklist
Basically, you will need to do everything that a real estate agent would do, but without the experience, support, and education that a Realtor® has.
1. Make repairs and updates, paint, and get the house ready to sell. This includes depersonalizing and decluttering the house and giving it a deep clean.
2. Hire a professional photographer to take pictures of the house.
3. Market the house.
4. Book showings and open houses.
5. Negotiate with potential buyers.
6. Make certain that you have all the correct paperwork for closing.
How to sell your house without a Realtor®: the investor option
Are you asking yourself, “If FSBO is so difficult, is there another way to sell my house without a Realtor®?”
Selling to a cash home buyer like HomeVestors® is an ideal choice to avoid selling through a real estate agent. This is especially true if you don’t want to spend the time or money repairing, painting, or modernizing your house, or if you want or need to sell your house fast.
Some common reasons that people sell to a cash home buyer include: an unwanted inherited house, retirement, and relocation. Of course, some folks just want to avoid the hassles and inconvenience of a traditional house sale.