The main advantages of selling a house without a real estate agency are:
savings in agency commission fees
total control of visits
direct contact with potential buyers
exploitation of advertising campaigns of trading platforms
Among the many advantages of selling a house independently and without a real estate agency, there is certainly the saving of the agency’s commission costs .
While it is true that the commission is often paid by the buyer and not by the seller, it is also true that the money that would go to the agency would still be deducted from the total budget estimated by the buyer. So, indirectly, it’s money that would likely be deducted from the seller’s final earnings https://www.kindhousebuyers.com/wa/seattle/
We remind you that usually the commission requested by a real estate agency varies between 2% and 5% depending on the value of the property and the region to which it belongs, averaging around 3%. Assuming a 3% commission on a house worth 300 thousand euros, the commissions would for example exceed 10 thousand euros.
Another important advantage of selling a house without an agency is having total control of visits. As we have also seen in this guide, the fee for real estate brokerage to be paid to the agency is generally around a variable percentage on average between 2% and 3% of the value of the property itself.
Certainly, selling a house without an agency, as a private individual, can be considered a convenient decision to amortize the expenses related to the costs of real estate brokerage, but it is certainly not an easy task. The owner will have to personally take care of all the obligations we saw a little while ago, without being able to count on an expert guide in the real estate sector.
We also remind you that even selling a house privately has several expenses to consider , which start from those relating to the preparation of the property up to the technical ones connected to the collection of documents, and then get to the tax costs, the registration tax, the mortgage, the cadastral one and the expenses of the notary.