If you’re looking to sell your house or investment property in Lynchburg VA without using a real estate agent, we can help.

Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle.

After all, paying 6% of the sale of a property in a commission is a lot of money. In certain situations, brokers and real estate agents can be very useful and earn their commission, But not always.

How Do I Sell My House Without An Agent in Lynchburg VA?

There are a few ways to avoid paying high commissions when you sell your house.

First, there’s a tricky custom that you’ve gotta know about.

In most sales in Virginia, roughly half of the commission you pay as the seller goes to pay for the buyer’s broker.

Doesn’t make much sense, right?

Why should you pay for the agent on the other side of the table?

Truthfully, it defies logic – it’s just what’s typically done.

You can use that to your advantage in a few ways.

First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.

Don’t underprice your property – be aware that a savvy buyer may expect to take a discount too. If you’re doing the work of one agent, you can expect to save that money.

Sometimes buyers who aren’t represented by an agent won’t remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you don’t want to pay them. Just don’t be surprised if it comes up during the negotiation.

You may want to consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent.

On the other hand, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the Lynchburg Market.

Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Lynchburg use to access information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.

Once upon a time, you had to pay a full commission to get your property on the MLS. Now in there are a few brokers who will charge you a fee just to list your property on the MLS. Often, you spend a few hundred bucks and you only pay a commission if the sale closes.

Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience.

All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the MLS. Chances are good that when you submit your listing in Lynchburg to the MLS, information on your property will end up on most of the major sites within a few days.

Each of those sites sells ads. They’ve got packages that let you pay to enhance your listing, feature it at the top of the search, 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 can be a great way to sell a property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.

To effectively sell your property on your own, you have to market it well.

Putting up fliers and signs around your neighborhood can generate some calls, and there’s a lot of free websites where you can post information. But often just putting up flyers and an open house isn’t enough if your house doesn’t appeal to the average home buyer.

In theory, real estate agents charge big commissions because they have to spend a lot of money up front to advertise your property. By advertising lots of properties at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of houses.

Certain properties might require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call.

If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH

We pay fair cash prices for houses in Lynchburg – and we can close fast (in as little as 7 days if you need to). Sometimes we’ll purchase houses, fix them up, then rent them out… sometimes we’ll fix them up and sell them to other people looking for great homes in the area. We love to hear from people like you who are thinking of selling anywhere in Virginia. We Buy Houses Lynchburg VA!

We are Local Home Buyers in Lynchburg VA. We close fast and pay cash in as little as just 7 days. Give us a call or text now at 434-390-2906 or fill out the short form below.

Sell Your Lynchburg House Fast – Get A Cash Offer Today
Call 434-390-2906 Now

The post How Do I Sell My House Without An Agent in Lynchburg? appeared first on Sell Your Lynchburg House in Seven Days.

Often times they say things like “We Buy Houses in Lynchburg!” or “Cash For Your House”.

We buy houses in Lynchburg companies – are they credible?

If you’ve been driving around in Lynchburg or Roanoke, chances are you’ve seen some billboards advertising companies that buy houses.

How do I know if the local house buying companies out there are honest and credible?

Well… sometimes they all look the same at the start… but below we’ll walk you through some things to look for in a local house buying company before you should work with them.

Are these “we buy houses in Lynchburg companies” credible?

Buying and selling houses is a valid and respectable profession that can help communities and house sellers in many ways. But just like any other line of work – a minority of house buyers in any market are the ones who make the rest of us look bad.

There are people who are really great, ethical folks who improve their neighborhoods one property at a time.

And then there’s shady, dishonest people who put money ahead of the well being of their clients. They who would sign the contract to sell their own grandmother with one hand. while stabbing you in the back with the other.

We’ll help you avoid these “shady house buyers” so you can work with honest, ethical, and reputable local companies. People who can buy your house for a fair all cash offer and close on your schedule.

First, let’s cover exactly what the best house-flippers are doing.

What Reputable Lynchburg House Buyers Are Doing

• Helping folks improve their lives by accessing the money they need right away. People often need the cash in their house to cover unexpected medical expenses, or to relocate to be close to a relative. We can make that happen in just a few days, and we deliver peace of mind.
• Helping sellers get rid of a burdensome property without the hassle of having to list it with a broker and wait months and month for a sale.
• Creating local jobs. We hire plumbers, contractors, electricians, brokers, title reps, loan officers, administrators and many other folks along the way. The average real estate transaction involves 86 people from start to finish. Our investments help create real jobs for people around Lynchburg Virginia.
• Buying US products. We spend tons of money on materials that are made right here in the USA – that creates jobs in our timber mills, factories, supply shops, distribution centers and more. The US economy depends on steady improvement, and that requires investment from folks like us.
• Increasing the value of Lynchburg neighborhoods. When we improve a house, we’re helping to increase the value of the entire community. We often repair abandoned and neglected houses, turning them into beautiful homes for families. That activity strengthens Lynchburg.
• Increasing the tax base. When a new buyer takes over one of our properties, they’ll pay a higher tax rate based on the new and improved value. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable pieces of infrastructure.  Again, improving our neighborhoods.

Lots of people think of house-flipping as a get-rich-quick scheme. That’s fueled by silly “reality” shows that amp up the drama because the reality of what we do on a daily basis is actually pretty boring.

Most of our work is coordinating with lots of people to make sure things are happening on time. We have to keep track of lots of moving parts.

So, let’s get back to how you can use this information to find out if someone is a credible investor, and not just pulling a house buying scam.

How To Ensure You’re Working With A Reputable Local House Buyer

When you talk with a local house buyer to potentially buy your house… ask them some of the questions below to ensure they’re reputable, knowledgeable, and honest.

Ask open-ended questions like:

• How do you help your clients?
• What do you do for people?
• Can you tell me more about your services?
• What aspect of your business makes you the most proud?
• How would you describe your investment philosophy?
• How can I know that you’ll close on my house when you say you will?

Second, look for telltale signs of tactics that those few shady operators tend to use.

• “Kitchen table closings”– If a property buyer tries to get you to sign the deed (ownership) of your house over to them at your house, rather than a professional place like a closing attorney or title company… be leery.  Most reputable house buying services will perform the actual closing of the sale at a neutral 3rd party place… like a title company. This ensures everything is done right and on the up and up.
• Pressuring you into a fast closing– If a house buyer tries to pressure you into selling your house and says that you have to make the decision today, be leery. Most reputable house buying services will make you and offer and that offer will be on the table for at least 2-7 days (minimum) for you to make a decision.  The reason reputable house buying services like ours at do place deadlines on our offers is because the market changes and values can change week to week depending on other sales in the area, also… we buy multiple houses a month and when we make you an offer we’re assuring you that the cash to purchase your house is ready and we’ll reserve that cash for several days so if you do want to sell your house, we can close on your schedule.  If you feel the offer isn’t a fit for you, then we’ll assign those funds to help another seller with their home sale.

Most scammers are looking for a quick score, and not an in-depth interview.

Chances are good that they’ll find excuses to get off the phone and move on to someone who doesn’t ask too many questions.

True investors who run honest and ethical Lynchburg house buying services, however, are building long-term businesses based on relationships and community development.

So when you’re looking at one of the “we buy houses in Lynchburg companies“ never be afraid to ask questions!

Conclusion

Here at Linken Investments we buy houses in Lynchburg, Roanoke and all-around Virginia in any condition. So give us a try! Call us today and we’ll make you a fast-fair cash offer and we’ll do all of the work! 434-390-2906.

We Buy Houses in Lynchburg VA
Just Call Us at 434-290-2906 or fill out the form on this website so we can quickly look at your situation and make you a fast-fair cash offer on your house.

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