Looking to sell your house or investment property in Longwood without the hassle of a real estate agent? True Key Home Buyers offers a straightforward alternative.
While we occasionally collaborate with brokers, we understand there are many situations where eliminating the middleman makes perfect financial sense.
There are circumstances where a house may not be the best fit to list traditionally with a real estate agent. One example would be related to the condition of the home. Sometimes things just get too far gone with the condition of the bigger ticket items of a home like the roof or HVAC system. Most retail buyers are going to stray away from moving forward on a house that will inevitably need bigger ticket items replaced on day one. This can lead to your house sitting on the market, the listing going stale, and no closing for you the homeowner.
Another example would be a situation where an individual unexpectedly inherits a home and now is responsible for two mortgage payments. One on the house where they live and the other for the inherited home. Oftentimes, this becomes unsustainable and the best course of action is to work with an expert home buyer that has the ability to move quickly and close with certainty. Contact Us to discuss if this is an option that sounds like it would benefit your situation.
Let’s face it – paying 5-6% of your property’s sale price in commission is substantial. In certain scenarios, Longwood area agents earn their keep. But that’s not always the case.
How Do I Sell My House Without An Agent in Longwood?
There are several strategic ways to avoid those hefty commissions when selling your Florida property.
First, you should understand an important industry practice that many sellers overlook.
In typical Longwood transactions, roughly half of the commission you pay as the seller actually goes toward covering the buyer’s broker fees.
That seems counterintuitive, doesn’t it?
Why should you be responsible for paying the agent representing the other party?
It really doesn’t make sense – it’s simply an entrenched industry convention.
However, you can leverage this knowledge to your benefit in several ways.
First, when reviewing comparable sales in your area, remember that those prices typically include commission costs. Factor this into your pricing strategy.
Don’t undervalue your property – just be aware that informed buyers might expect a discount. If you’re handling one agent’s responsibilities yourself, that savings should benefit you.
In Longwood, buyers without agent representation often forget to negotiate the buyer agent commission out of the price. There’s no obligation to remind them if you prefer not to pay this fee, but be prepared if it comes up during negotiations.
Consider offering 2.5% to buyer’s agents who bring clients to view your property. While substantial, if you’ve factored this into your price, you can always negotiate more favorable terms with unrepresented buyers.
Conversely, if you don’t accommodate for the buyer’s agent commission, you’ll effectively exclude a significant portion of potential buyers in the Longwood market.
Over 90% of real estate transactions occur through the MLS – the Multiple Listing Service. This is the primary database Longwood brokers use to access information about available properties and recent sales data.
Previously, MLS listing required paying a full commission. Today in Longwood, some brokers charge just a flat fee to list your property. Often, you’ll pay only a few hundred dollars upfront with commission due only if the sale completes.
When compared to traditional newspaper advertising costs, the MLS represents an extremely cost-effective way to market your property to a broad audience.
All major real estate platforms like Realtor.com, Zillow, and Yahoo Homes pull data directly from the MLS. When you list your Longwood property on the MLS, it typically appears on these popular sites within days.
Each platform offers premium packages allowing you to enhance your listing, feature it prominently in search results, and add various promotional elements – though there’s no guarantee these extras will attract serious buyers.
Marketing is always a calculated risk. Sometimes open houses in Longwood Florida drive quick sales, other times they yield nothing. The same applies to newspaper ads, online listings, and signage – results vary considerably.
To effectively sell your property on your own, you have to market it well.
Distributing flyers and placing signs in your neighborhood might generate some interest, and there are numerous free websites for listing properties. However, these basic marketing tactics often fall short if your house doesn’t appeal to mainstream buyers.
Traditionally, agents justify their substantial commissions by pointing to their upfront advertising expenses. By marketing multiple properties simultaneously, they aim to generate more inquiries and maximize profits through volume sales.
Some properties require thousands in advertising before the right buyer notices and makes contact.
If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH
We offer competitive prices for properties – and can complete transactions quickly (in as few as 14 days when necessary).
Our approach varies – sometimes we purchase Longwood houses for renovation and rental, other times we restore them for resale to homebuyers seeking quality properties in the area. Whatever your situation, we’re eager to hear from sellers throughout Central Florida.
We’re investors with a genuine commitment to the Longwood community.
We can close quickly with cash payment in as little as 14 days. Contact us today at 352-558-6199 or complete our simple form here.
Sell Your Longwood House Fast – Get A Cash Offer Today
