If you are a local Denver homeowner who wants to sell their property quickly for cash, without paying any commissions, repair costs, or fees, then we can definitely be of assistance!
We are professional home buyers that operate in the Denver Colorado area, and we have been working with clients here, purchasing and valuing real estate for several years. We have established ourselves as important members of the local real estate community, and we seek to form new relationships with other investors in the area who are also interested in working with wholesalers and rehabbers, and are looking to network and form new contacts to work with on future deals.
We do work with local real estate agents, title companies, attorneys, and other professionals, but we prefer to work directly with our clients on a 1 on 1 basis. But we are definitely open to any setup that you prefer, and we are willing to follow your lead when structuring the deal.
We are aware that most Denver homeowners aren’t interested in paying expensive commissions and fees to an agent, and then also continuing to pay the mortgage, insurance payments, taxes, and other fees over the course of several months until the property finally sells. If this sounds like you, then you may want to consider working with a private real estate investment company such as us, because we buy houses with our own cash, and can close in as little as seven days.
How to Sell Your Home Quickly For Cash Without a Real Estate Agent
First, we must explain that when you sell your home on the traditional real estate market in Denver, half of the commissions that you are paying during that transaction will go to the buyer’s broker.
Why should you be required to pay for the real estate agent of the buyer?
It really doesn’t make that much sense, but that’s just how things have been done for these past several years.
This process can be used as leverage when you are selling your home, if you look at the information from the right angle.
One method is to look at other comparable properties that have recently sold in the Denver area, and seeing how much they are in relation to your property that you are trying to sell. You want to use homes that have the same number of bedrooms and bathrooms, so that the price lines up perfectly, and it represents what you might actually expect to receive when listing the property for sale on the local MLS.
Don’t price your home too low – many people will price their homes way too low, and it will end up costing them more money in holding costs in the long run, because it may take months, and sometimes even years for the property to finally sell at the high price that they are asking. But they failed to calculate the costs of holding onto the property for those several months, all while still having to pay the mortgage, taxes, insurance, and other hidden costs, that made this long term strategy less attractive than simply selling to an investor for cash in a matter of days.
Some buyers will expect a huge discount on your property, so you must be prepared for any type of offer on your home, as you never know what people are going to do, as they are often unpredictable.
Most Colorado home buyers who aren’t being represented by a local real estate agent will not remember to remove the buyer’s side commissions out of the deal, so unless you want to pay them, you should keep quiet. Unless you feel like they deserve it. But it may come up during negotiations anyway, so you should always be as prepared as humanly possible for any type of situation that may arise during the home selling process.
You could try to offer a lower percentage rate to the buyers agent in order to try to attract some more clients to show up to look at the home. If you have already factored the commissions into the deal, then disregard this part of the article, as it will not have as much of an impact on your deal, and it can be omitted.
If you decide not to leave any room for the buyer’s agent’s commissions and fees, you might be leaving out a large portion of the market who are actually willing to purchase your home.
Over 90% of transactions happen through the local Denver MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Denver use to access real estate information for their clients on the houses, condos, land and investment properties for sale in the area, along with data on the recently sold homes, so other investors, buyers and sellers can get an accurate idea of how much homes are generally selling for in the area.
Several years ago, you would have to pay full commissions just to get your home listed on the local MLS in Denver, but now there are some brokers who will charge
Once upon a time, you had to pay a full commission to get your property on the MLS. Now in Denver, there are a few licensed brokers who will charge you an expensive fee just to get your home listed on the local MLS. Often, you spend a few hundred dollars and you only pay the commissions if the sale closes.
Compared to the costs of running a newspaper ad, the MLS is a cheap yet highly effective method to market your property to a very wide audience in a relatively short period of time.
All of the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the local MLS in your market. Chances are good that when you submit your property listing in Denver to the MLS, information about your property will end up on most of the major sites within a few days.
Each of those sites sells ad space to clients. They’ve got several different packages that let you pay to enhance your FSBO listing, feature it at the top of the search results, and a lot of other bells and whistles that might or might not get an interested buyer to buy your property.
Advertising is a gamble. Sometimes open houses in Denver can be an excellent way to sell your home, and sometimes they’re a complete waste of time. Same with newspaper ads, craigslist postings, and yard signs – sometimes they work, and sometimes they don’t. It’s really a toss up, and results may vary depending on a lot of individual factors. The only way to find out is to test some of these methods yourself to see what gets the highest response rate in your local market.
Advanced Marketing Strategies to Sell Quickly
Some people have used yard signs to sell their home, as a lot of times in high traffic areas, there are a lot of cash buyers who are looking for specific types of properties, and if you have what they are looking for, it can sell quickly. It really depends on your local market, so we suggest trying this out as a last resort if you are having trouble selling, not as one of your primary strategies.
Real estate agents charge their high commissions because they have to spend a great deal of time and money up front to get your property in front of prospective buyers who actually have the means to purchase the home. By advertising several different homes at once, they expect to get a much higher volume of phone calls, and they will typically get a higher percentage of profits by utilizing this “wide net” approach.
Some properties could require a triple digit marketing budget just to get sold, as sometimes these ads will have to run for months on end before the right buyer finally comes across the listing and schedules the appointment to come and see the home.
Avoid Paying Commissions and Fees by Selling to a Cash Buyer
Okay here comes the pitch! In short: we want to buy your home, and would like to make you a fair all cash offer. We are able to effectively determine the value of your home, and make you a reasonable, no obligation, win-win cash offer and can close at a local title agency in as little as 7 business days. We have been working with homeowners in the Denver area for several years now, and we consider ourselves to be expert home buyers that can close fast without any delay!
We can usually make an offer in under 24 hours and close within one week!
We have several different real estate investing strategies that we employ after we purchase a home, such as fix and flip, buy and hold to rent out to other tenants, and more. We love to buy homes in the Denver area for cash and help distressed homeowners sell quickly without paying expensive repair costs, taxes, commissions, and fees. If you want to sell your home for cash without a realtor then give us a call today and see what we are willing to offer for your home.
We’re professional cash buyers who can make a fast offer on your home and buy it immediately with OUR OWN CASH!
We close fast and pay cash in as little as just 3-5 days. Give us a call now at (719) 286-0053 or fill out the short form over here.