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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Kyle
Hey Everyone, |
#2
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Steve M.
Lots of lawyers on this board, me included. It will help if you identify the city and state. |
#3
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Kyle
Hi Steve, |
#4
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Mike
My parents recently sold their house "by owner" and it went swimmingly. I would consult a lawyer near you who handles all of this type stuff and make sure that they can take care of all of the forms for the sale. |
#5
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Steve M.
email sent. Would be pleased to talk. |
#6
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: JimB
Unless you really know the real estate market and how such negotiations are handled, I think a good agent can more than pay for themselves in a number of way. |
#7
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Frank Wakefield
Hey there. |
#8
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Joe Jones
If you have any questions I would be glad to help. |
#9
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: barrysloate
I would use the agent but get him to lower his fee. Everything is negotiable. I think there are too many areas where you can make a mistake if you've never done this before. |
#10
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: boxingcardman
It should only cost you a fraction of a commission cost and if something goes wrong you can recoup with malpractice insurance. |
#11
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Alan
It's just like selling an expensive card. You have to find a buyer. Does the condo grade near mint ? |
#12
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: andy becker
kyle, |
#13
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Kyle
One reason I am leaning towards selling it myself is the timeline it will give me. If it were to take 6 months to sell it at my original purchase price, I'd still save money versus using an agent. I don't think my agent will budge on the commission rate as he'll decide its not worth his time. I could find another agent, but I'm up for the challenge of doing it myself, and hiring a lawyer to facilitate the transaction. |
#14
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Judge Dred (Fred)
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Dan Kravitz
Kyle- |
#16
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: JK
Kyle, |
#17
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: S. Gross
<<...told us that she had some buyers coming in from out of town and wanted to show them our house.>>> |
#18
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: peter chao
Kyle, |
#19
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: pat
i have bought and sold over 10 properties at my age (37) and i strongly suggest that you use a realtor. you normally can build the 5 or 6 percent commission into the price and the exposure is multiplied many times over. i know 1 person who tried to sell a house on his own and all he got was unqualified buyers who just wasted everyone's time. after 6 months, he finally hired a real estate company and the house sold right away. of course it was in a down market so they probably cost themselves an extra 10 percent in the long run by screwing around. |
#20
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Silver King
I am sitting in a hotel in Alton Illinois working on my fixer upper and I have a "for sale by owner (fsbo)" sign in the front yard. I have the fsbo sign outside only to generate some interest and see if somebody might bite. The house was built in 1885, an old Victorian that is beautiful. The home will be completed within two weeks at which point I will hire an agent to sell it for me. |
#21
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: Kyle
I was able to show the condo twice yesterday, but it doesn't look like either will be biting. If anything, I think I can get 3% more than what I paid, and use a buyer's agent to cover the paperwork. |
#22
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OT: For Sale by Owner Home Selling Advice, Experiences, etc.
Posted By: leon
I sold our/a house about 7 yrs ago before we mistakingly built one a little too big...but anyway, I did use an agent to sell it. I had 2 real good ones come over and try to "sell" me on their services. They were both tit for tat....really good. It was a toss up. I told them both as much. I asked the first one if he would negotiate his 6% (of which he might pay a buyers agent 3%)....he said he would negotiate...but only up .......I asked the other guy...he said he would come off 1%....he was hungry and got the deal...the house sold in about a week for very close to the asking price...It was all good...I just wanted to give another example in case the FSBO doesn't work....good luck... |
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