If you’re looking to sell your house or investment property in Henderson without using a real estate agent, NLS Homes is ready to help you find a faster solution.
While we do work with brokers when necessary, we understand that sometimes it’s better to avoid paying someone to be in the middle of your transaction.
Let’s face it – paying 5-6% of your property’s sale price in commission is significant money that could stay in your pocket. In some situations, Nevada brokers and real estate agents earn their commission, but that’s not always the case – especially when you need to sell quickly.
How Do I Sell My House Without An Agent in Henderson?
As a distressed homeowner in Nevada, you have several options to avoid high commissions and still sell your property successfully.
First, there’s an important industry practice you should know about that impacts your bottom line.
In most Henderson real estate transactions, approximately half of the commission you pay as the seller actually goes toward covering the buyer’s broker fees.
That doesn’t make much financial sense for you, does it?
Why should you be responsible for paying the agent representing the other party’s interests?
It’s counterintuitive, but it’s simply the standard practice in the industry.
However, understanding this system allows you to use it strategically to your advantage.
When evaluating comparable sales in your area, remember to factor in the commissions that were paid. If similar properties sold for prices that included these commissions, take that into consideration when pricing your home.
Don’t underprice your property – be aware that savvy buyers may expect a discount too. If you’re handling the responsibilities typically managed by an agent, you deserve to keep that portion of the proceeds.
In Henderson, buyers without agent representation sometimes forget to negotiate the buyer’s commission out of the price. There’s no need to remind them if you prefer not to pay this fee, but be prepared for it to come up during negotiations.
You might consider offering 2.5% to buyer’s agents who bring clients to view your property. While it’s a substantial amount, if you’ve factored this commission into your pricing strategy, you can always negotiate better terms with buyers who come without representation.
On the other hand, not accommodating for the buyer’s agent commission could significantly limit your pool of potential buyers in Henderson, especially if you need to sell quickly due to foreclosure or other pressing circumstances.
Over 90% of real estate transactions happen through the MLS – the Multiple Listing Service. This is the primary database that all Henderson brokers use to access information about properties for sale and recent selling prices.
In the past, getting your property on the MLS required paying a full commission. Today in Henderson, some brokers will charge a modest fee just to list your property, with commission only due if the sale closes – which might not help if your property needs major repairs or won’t pass inspection.
Compared to traditional newspaper advertising, the MLS is a cost-effective way to market your property to an extensive audience of potential buyers.
All major real estate platforms like Realtor.com, Zillow, and Yahoo Homes pull data from the MLS. When you list your Henderson property on the MLS, information typically appears on most major sites within days.
Each of these sites offers premium advertising packages that let you enhance your listing, feature it prominently in search results, and add various promotional features that may or may not attract serious buyers to your property.
Real estate advertising is always a gamble. Sometimes open houses in Henderson Nevada effectively sell properties, and sometimes they’re just a drain on your time and resources. The same applies to newspaper ads, online listings, and signage – their effectiveness varies greatly, especially for properties with significant damage.
To effectively sell your property on your own, you have to market it well.
Distributing flyers and placing signs around your neighborhood might generate some interest, and there are many free websites where you can post property information. But these traditional methods often fall short when your house requires extensive repairs or is facing foreclosure – situations where NLS Homes specializes in providing solutions.
Real estate agents typically justify their substantial commissions because they invest significantly in marketing your property upfront. By promoting multiple properties simultaneously, they aim to generate more inquiries and maximize profits through volume sales.
Some properties might demand thousands in advertising before connecting with the right buyer – a luxury you may not have when facing foreclosure or dealing with a property that needs major repairs.
If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH
At NLS Homes, we offer fair prices for properties – and we can close quickly (in as little as 7 days, or even stop foreclosures in as little as 24 hours if needed).
As a locally owned Henderson company, we purchase Henderson houses in various conditions, including those with major damage or that won’t pass inspection. Sometimes we renovate them for rental purposes, other times we restore them for resale to homebuyers in the area. We also specialize in helping with probate properties and distressed situations throughout Nevada.
We’re investors who are deeply committed to the Henderson community and helping homeowners find dignified solutions to challenging situations.
We offer no-hassle closings at fair prices, with cash in hand in as little as just 3-5 days. Give us a call now at (702) 601-1673 or fill out the short form over here.