How to Sell Your House Without Paying Commission in Los Angeles

Selling your Los Angeles home often means hefty real estate commissions, eating into your profits. California's real estate commission rates, often reaching 6% of a home's sale price, are among the nation's highest. But can you attract serious buyers and get a fair price without paying for a professional real estate agent? Yes, you can. This blog explores three ways to sell without paying commission, helping you choose the best option.

1. For Sale By Owner (FSBO): Take Control, Save Big

• Pros:

  • No commission fees, more profit.

  • Full control over the process.

  • Potentially faster sales, especially in competitive markets like Los Angeles.

• Cons:

  • May result in a lower sale price, due to lack of expertise.

  • Time-consuming, requires significant effort.

  • Responsibilities like photography, staging, and negotiations fall on you.

  • Vulnerable to scams without an agent's vetting.

• 14 Steps to Selling a House as an FSBO

1. Research Your Home’s Market Value

2. Set a Competitive Listing Price

3. Prepare Your Home for Sale

4. Hire a Professional Photographer

5. List Your Home with a Flat-Fee MLS Service

6. Market Your Property

7. Field Phone Calls and Schedule Tour Requests

8. Follow Up with Potential Buyers

9. Review Offers and Negotiate with the Buyer

10. Manage Contract Timelines and Due Dates

11. Prepare the Required Legal Disclosures

12. Schedule Inspection Appointments with the Buyer

13. Renegotiate with the Buyer’s Agent Based on Inspection Findings

14. Navigate the Settlement Process and Close Your Home Sale

2. Real Estate Attorney: Legal Guidance, Less Commission

• Pros:

  • Avoid agent commissions.

  • Legal protection and contract expertise.

  • Helps resolve legal issues.

• Cons:

  • May result in a lower sale price without active negotiation.

  • Potential strain on personal relationships if using a known attorney.

• 10 Steps for Selling a House with a Real Estate Attorney

1. Find a Qualified Real Estate Attorney

2. Discuss Your Selling Goals

3. Prepare the Necessary Documents

4. Set the Sale Price

5. Draft the Sale Agreement

6. Negotiate Terms with Buyers

7. Address Potential Disputes

8. Review Buyer’s Documents

9. Schedule and Manage Closing

10. Finalize the Transaction.

3. Cash Buyer(like Beverly Buyers): Fast, Simple, and Commission-Free

• Pros:

  • No commission fees.

  • Fast and simple process, quick closing.

  • No open houses or showings.

  • Sell "as-is," no repairs needed.

• Cons:

  • May receive a lower sale price than traditional sales.

  • No bidding wars, so no multiple offers.

• 3 Steps to Selling Your Home to a Cash Buyer (Beverly Buyers)

  • Contact Us: Discuss your situation and schedule an assessment.

  • Home Assessment: Quick evaluation of your property’s condition.

  • Close Fast and Get Paid: Agree on the price and set a closing date.

Which Option is Right for You?

• FSBO: Best for those with time and marketing skills.

• Attorney: Ideal for legal protection and guidance.

• Cash Buyer: Perfect for a fast, hassle-free sale.

Conclusion

Selling commission-free is possible. Choose the method that aligns with your needs.

If you want to sell your Los Angeles home quickly and hassle-free, contact Beverly Buyers today at (310) 242-0008 or visit our website. We offer competitive cash offers, a streamlined process, and a commitment to customer satisfaction.