How Do I Sell My House Without an Agent in Baltimore County MD?
There are a few ways and tricks to selling your house yourself in Maryland so that you can avoid paying those rather high agent commissions in the sale of your Baltimore County house.
Price Your Home Appropriately
Make sure you are not scaring away potential property buyers with your initial asking price. If it’s too high, many homebuyers won’t even make an offer as they assume it will be rejected. At the same time, selling a home that is underpriced can leave you shortchanged.
As a Maryland house seller you may want to speak to an appraiser or an experienced agent who can give you a ballpark of your home’s worth. This can help you determine how to price your property for your unique selling situation.
If sale price is most important to you, then you can try asking more for your house. Just know that the longer your property is for sale without being sold the harder it will be to get your desired asking price.
If a quick closing is most important to you, then consider asking less than what your home is currently worth. A low asking price will ensure faster home sale so you can move on to the next chapter in your life.
PRO TIP: Even if you decide to sell your house without a listing agent, the buyer of your home may be represented by a buyer’s agent. If that happens, you will be expected to pay up to 3% of your home’s sale price to cover the cost of the buyer’s agent fees.
Get Your House Listed on the MLS
If you are new to the world of buying and selling houses in Maryland, the MLS stands for the Multiple Listing Service. The MLS is the main database that all agents and brokers in Baltimore County and throughout Maryland use to access information regarding properties for sale in the area. The MLS also provides real estate agents with information regarding houses that have already sold including how much was paid in Realtor commissions and seller concessions.
While you cannot access the same information an agent can on the MLS, you can still list your Baltimore County home for sale on the MLS without an agent. You used to hire a full-service agent and pay the full commission in order to get exposure for your home sale on the MLS. These days, there are many discount brokers and brokers who offer a flat fee listing service to get your house in front of as many potential buyers in Maryland as possible.
The flat-rate home listing fee typically runs around $300, give or take depending on if you add or subtract additional home seller services. So, certainly much better than 3% of your homes sale price. Not to mention the massive exposure you will have selling your home on the MLS compared to other marketing methods, such as Craigslist, a FSBO sign in your yard, or an ad in the Baltimore Sun or other local newspaper.
PRO TIP: If you don’t have the time or experience to deal with buyer negotiations and purchase contracts, consider hiring a flat-rate listing real estate broker that offers discount services as an add-on. This would allow you to have real estate assistance and representation during the sale of your house in Maryland without having to pay for a full-service agent.
Hold an Open House Without a Realtor
It’s true! You can hold an open house without a Realtor in Baltimore County and anywhere in Maryland. Open houses are great way to have several buyers come through your home at the same time. It will save you the hassle of having to show your home at multiple and inconvenient times, such as during dinner or when you haven’t had a chance to clean.
Open houses can be scheduled around the time that works best for you. Additionally, having multiple buyers come through at the same time can help to create a sense of urgency and potentially start a bidding war, which in turn could substantially raise the selling price of your Maryland home. Not to mention, providing grand tours of your home yourself can be a great way to shorten the timeline to sell your property without needing to hire a real estate agent.
That being said, showing your home can sometimes be a toss-up. For example, if your home is overpriced or less desirable in some other way, then you may have little to no buyer activity when you show your house without a MD real estate agent. The price of the home is imperative in order to drive interest and have a successful showing to Maryland buyers.
Sell Your House to a Cash Buyer Without an MD Agent
Selling Your House Without a Real Estate Agent in Baltimore County
As a potential home seller in Baltimore County MD you know that if you decide to sell a house by owner in Maryland you can save tens of thousands of dollars by not working with an agent.
Just keep in mind that by not hiring an agent to sell your home you will have to take on all of the roles and responsibilities of the home selling process that a listing agent would normally handle. This includes determining a price for your home, marketing your house for sale by owner, and finding and negotiating with serious buyers who won’t waste your time.
When it’s time to sell your house by owner in Maryland, getting it listed on the MLS is pretty crucial if you want to have any real success selling your home for a fair price. However, if you don’t feel like dealing with multiple showings, numerous open houses, constant cleaning, and all of the other stress that comes with a traditional home sale, consider reaching out directly to a professional house buyer in Maryland that buys houses AS-IS, before paying for a flat-rate listing fee or fielding buyer offers.
Selling your house with a Maryland real estate agent can be a great way to dodge paying commissions and put more money in your pocket once your house sells. Just be sure you are ready and willing to put in all the work necessary to have a successful house sale.
If you want to avoid that stress and successfully sell without an agent in Maryland then reach out to us at Creo Home Buyers today for a fair offer to buy your house. We pay cash for houses in Baltimore County, and other Maryland counties. It is possible to quickly sell your home without an agent in Maryland to Creo Home Buyers!
Sell Your Baltimore County MD House Fast Without an Agent – Get A Cash Offer Today