Find Out the Pros vs. Cons of Buying or Selling a Home without a Realtor
Whether you’re looking to buy or sell a home in Texas, you’ll have to decide whether you want to work with a Realtor — or whether you want to go at it alone.
The best way to make that decision is think about:
- Your circumstances, needs, and objectives
- Your experience in the real estate market
- What you stand to gain versus risk by not having a realtor help you through the process
To help you figure this out, let’s look at some situations when you may want to forego versus hire a realtor.
When You May Want to Buy or Sell a House Without a Realtor
If you’re leaning towards buying or selling a home in Texas on your own, that may be a good idea for you if:
- You’re related to the buyer or seller: Transactions between family or close friends can be turnkey deals that may not really require a realtor.
- You have experience buying or selling homes: If you’ve handled at least a few real estate deals before, you probably know what to expect, and again, you may not need a realtor. Keep in mind, however, that every transaction can be different and that a realtor can help you deal with any curveballs that could come up.
- You’ve done your research, and you really want to do it yourself: Sometimes, you may just really want to oversee the purchase or sale alone. If you’ve done your research, you have some time, and you really just want to take the reins, then, of course, you can buy or sell a home without a realtor.
When to Hire a Realtor to Help You Buy or Sell a Home
Working with a realtor to buy or sell a home in Texas can offer several benefits. In fact, you’re probably going to want to work with a realtor if:
- You’re new to the area: If you’re buying a house and you aren’t familiar with where you’re shopping, a realtor can be really helpful, explaining the best areas to look, based on your budget, needs, and other criteria.
- You want to weed out unqualified buyers: If you’re selling a home in Texas, your realtor can screen potential buyers and only show your home to those who are qualified and serious. That can save you time and ensure you only interact with buyers who are ready to make an offer and who are able to put their money where their mouth is.
- You’re not confident about negotiating price: Negotiations can get tough, and you may need to get creative, play hardball, or get guidance from a pro when you’re not sure what to do next. If you’re working with a realtor, you can leave all the negotiations in their hands while getting key advice every time you have to go back and forth with the buyer or seller.
- You don’t know what closing involves: About 6% of contracts fall through during the closing process, according to the latest reports. If you don’t know what closing involves or what to look for in inspections, appraisals, or other key steps, you could compromise the sale. Or you could put yourself at a serious disadvantage in the transaction. A realtor can prevent all that, walking you through closing and helping you protect your interests along the way.
- You want professional help & advice throughout the process: Whether you’re buying or selling a home, it can take time, and the process can be highly complex — and extremely emotional. With a Realtor, you can get a professional perspective, along with guidance every step of the way. That can help you stay calm and focused, so you can always make the best decisions for you.
If you want to work with a realtor who will split the buyer’s or seller’s commission with you at closing, it’s time to contact New Home Gurus.
Buying or Selling a Home in Texas? Get Cash Back at Closing
If you’re selling a home in Texas, you can get experienced help and cash back at closing when you work with the 5-star Realtors® at New Home Gurus. We can guide you through the process, helping you with offers, negotiations, and closing. Plus, we’ll split our commission with you at closing!
Home sellers who work with New Home Gurus can get back an average of $4,500 to $12,000 at closing.
How Much Cash Can You Get after Closing?
Call (281) 668-8124 or Contact Us to Find Out Now
We are standing by, ready to answer your questions and explain the details of our commission-sharing program.