How to Sell a House Without a Realtor in Tulsa
You don’t need a realtor to sell a home, but most people get one because they think it’s the easiest option. Realtors already have a list of buyers out there, can network, and have all the time in the world to show your property. But there are already motivated buyers in a hot property market like Tulsa. It’s more than possible to sell a house without a realtor. You need to know what you’re doing.
1. Get Your Home Ready
The first thing a real estate agent usually does is advise you on what you have to do to get your home ready. That includes updates and renovations they think you need to be competitive. Of course, you don’t have to take their advice, but it could be a long road ahead of you if you don’t.
That also depends on the type of buyer you’re trying to court. There are many new and exceptional homes in Tulsa and older, historic homes. Because there are so many fantastic homes to choose from, buyers may look over a home that isn’t newly renovated. However, renovations cost a lot of money. You might get your home sold faster by selling it cheaper rather than investing a lot of time and cash into it.
2. List Your House for Sale
The second thing a real estate agent does for you is to list your home on the Multiple Listing Service (MLS). Listing your home on the MLS lets other agents find it and show it to different people. Now, keep in mind that dealing with a buyer’s agent also means that you will need to pay for agent fees. Buyers generally don’t settle for any agent fees when purchasing a home. That’s all the seller’s job.
So, if you’re trying to sell fast and save money, you might not want to deal with agents representing buyers, either. Unfortunately, that also means you’re going to cut a large portion of buyers out unless buyers are able to represent themselves.
3. Accept Offers for Your Home
Accepting an offer is one of the trickiest things to do if you’re going without a realtor. First, even if you don’t have a real estate professional, you should engage the services of a real estate attorney to look over your documents and draft sale documents. You don’t want to self-service the actual legal paperwork.
Once you have accepted an offer, you will also need to engage the services of an escrow company. An escrow company will take payment for you and only transition the house deed once payment has cleared. Escrow companies are how people can secure large transactions. This eliminates the fear that the other person will fail to pay or renege on what was agreed upon.
Skip Those Steps and Go Through a Cash Buyer
As you can see, the difference is that without an agent, you can do a lot, but it won’t make your life easier. Opting for a cash home buying service, however, resolves most of these challenges.
When you approach a cash home-buying service directly, they will present you with an offer and then manage all the paperwork and legalities. You won’t have to concern yourself with listing, advertising, or renovating your home. They will buy your house as-is, allowing you to walk away with cash.
It’s always worth it to at least hear an offer from a cash home-buying company. If you want to sell your Tulsa home, the time to act is now. Contact We Buy Homes Tulsa to find out more.