Are you always trying to figure out how to “sell my house fast in New Orleans fast”? Probably the first thing that came to your mind was to hire a real estate agent. Right?
But what exactly does a real estate agent do?
Real estate agents act as a go-between for the home buyer and the seller. When a connection is found, the sale of the real estate property is facilitated.
Their duties may include arranging for photographs of your property to be taken, listing it, scheduling showings, managing negotiations, and drafting the contract that highlights the sale’s terms and conditions.
How will they be paid for their efforts?
Real estate agents get a commission for every successful deal
A commission is paid to a real estate agent who assists you in purchasing, selling, or renting a home. Unlike jobs that pay an hourly wage or a salary, real estate agents are only paid when a deal is completed.
Some real estate agents prefer to bill a flat fee for their services. When it comes to home sales, however, it’s more common for them to get a percentage of the sale price. The percentage is usually between 5% and 6% of the total sale price.
Isn’t that a substantial sum of money? However, you can save this money by selling to a professional home buyer.
Who is responsible for the real estate commission?
It is customary for the seller to pay the commission to the agent. The commission is usually factored into the home’s price and deducted from the final sale price at closing. The fact that something is done in a certain way is not proof that it is the only way to do it. You do not have to pay a real estate commission if you decide to sell your home without the help of an agent. It would be the buyer’s responsibility to pay the real estate agent if they hired one.
You might be able to save money on commissions if you sell the house yourself. However, this means you’ll be in charge of advertising the listing, answering phone calls from potential buyers, showing the house, and having to negotiate the price. For first-time sellers, the process is far from intuitive.
Remove the Real Estate Commission from the equation
You can avoid paying a tremendous amount of money to a real estate agent or the struggle of finding a buyer on your own by getting in touch with Crescent Home Buyers.
We Buy Houses in Louisiana “as is”. We can make you a cash offer on any type of property, including single- and multi-family homes, townhouses, and apartment buildings, and we can close the deal in as little as 24 hours.
To schedule a free, no-obligation consultation, call us at (504)-910-7355 or fill out a simple form on our website.