Realtor fees are the biggest cost of selling a home in Texas. The average home seller pays 5-6% of the final sales price in commission fees. That alone costs Texas homeowners as much as $30,000 on a $500,000 sale. Thankfully, it’s possible to avoid these fees altogether by selling your property directly to a buyer.
While a direct sale might seem daunting, it’s actually a straightforward process in the state of Texas where free land sales contracts are available. Unlike real estate brokers, who must pay for marketing and listing services, land sellers can simply post their property on the MLS to attract interested buyers and sell their home at the best market value.
When negotiating with a real estate agent, be sure to ask them about their rates and fees from the start. Be open and honest about your expectations, but also be willing to compromise. Agents put in a lot of work before they get paid, and many also incur upfront expenses such as professional photography and marketing costs. If you can offer them a way to lower these costs, they may be more willing to reduce their own commission rate.
Another way to negotiate is to work with a company Avoid realtor commissions: Sell your Texas property directly that sends you new clients at no up-front cost and negotiates low commission rates on your behalf. Companies like Clever Real Estate have been able to achieve the lowest commission rates in the industry, at 1.5%, without cutting any essential service.
Keep in mind that the more time and money you invest into your property, the higher the potential sales price. That’s why it’s important to research the local market and understand what features are most attractive to buyers in your area. Having this knowledge gives you a powerful negotiating position and will help you find a fair commission rate.
Lastly, don’t forget to factor in the extra costs of selling a home, such as legal paperwork and home repairs. These can be a significant burden on Texas homeowners, and that’s why it’s critical to know how to navigate the process efficiently.
If you’re ready to sell your Texas property, contact a local land buyer today! They can save you thousands in realtor fees by facilitating a fast, easy, and affordable transaction. They’ll guide you through the process and help you sell your property for a great price. Learn more about our free land sale contracts here. Or, visit our blog for more tips and advice on how to sell your property faster. You can also contact us online to speak with a representative directly. We look forward to working with you!