Old School 360 Posted October 27, 2018 Anyone done a for sale by owner on their home? What/ who did you use for the legalities and what did it cost you? We are in a pretty hot area. House will move fast. Dont want to pay 6% but dont want some shister to rob us. Yeah- Im clueless. Share this post Link to post Share on other sites
Strike 3,968 Posted October 27, 2018 When I sold my home I negotiated the commission down to like 3% due to how much prices had gone up in the 5 years I owned it. The realtor understood and had no issue with a lower commission. Share this post Link to post Share on other sites
penultimatestraw 473 Posted October 27, 2018 I bought my home without a realtor, but my gf at the time (34B) was a lawyer. The whole process is pretty standardized, and a realtor is only beneficial when things go wrong. No way in hell do they justify their commission with most purchases. Share this post Link to post Share on other sites
Hardcore troubadour 12,631 Posted October 27, 2018 Having sold a few homes I can say it all depends. Hot market? Give it a shot, noone can make you sign anything. You'll still need a lawyer, they do the heavy lifting anyway. You can always re-list it if you're not in a hurry. I did it. Share this post Link to post Share on other sites
avoiding injuries 1,220 Posted October 28, 2018 Every agent will be working against you and will only show your house as a last resort or if the buyer found it online. I say this reluctantly, but youre better off with an agent if youre new to this. Share this post Link to post Share on other sites
avoiding injuries 1,220 Posted October 28, 2018 5% is the new norm. Share this post Link to post Share on other sites
Brad GLuckman 518 Posted October 28, 2018 Every agent will be working against you and will only show your house as a last resort or if the buyer found it online. I say this reluctantly, but youre better off with an agent if youre new to this. I want to sell in the next few years. This is my worry. When i sold my house outside Phoenix, the realtor had one open house and it sold instantly. I paid over $12k for his services. What a waste. With the Internet, I just dont understand how realtors are still in business. Share this post Link to post Share on other sites
Hardcore troubadour 12,631 Posted October 28, 2018 I want to sell in the next few years. This is my worry. When i sold my house outside Phoenix, the realtor had one open house and it sold instantly. I paid over $12k for his services. What a waste. With the Internet, I just dont understand how realtors are still in business. Like I said, I did it, but it was 2012 and I had somewhat of a time constraint. If you don't , I'd say give it a shot. It wasn't a bad experience, but ask for a commitment letter from any prospective buyers lender. People like to talk, make them show Share this post Link to post Share on other sites
wiffleball 4,639 Posted October 28, 2018 The clown on Modern Family is called Fisbo. One of the main characters is a realtor. I wonder... Share this post Link to post Share on other sites
wiffleball 4,639 Posted October 28, 2018 I want to sell in the next few years. This is my worry. When i sold my house outside Phoenix, the realtor had one open house and it sold instantly. I paid over $12k for his services. What a waste. With the Internet, I just dont understand how realtors are still in business. Yeah, this. Basically, access to MLS used to be their 'thing'. Now, anybody with a phone... Good riddance. It's basically a job for bored Housewives and otherwise horribly unqualified divorcees. Share this post Link to post Share on other sites
Old School 360 Posted October 30, 2018 Not too worried about advertising- a sign in the yard and a listing on a couple local websites and it should have an offer within 2 weeks. More concerned about a shister trying to be us in some leagaleze Im researching some flat fee agaents who will help for $1500 or so. Hoping to move into a newer home and get rid of the mortgage. Share this post Link to post Share on other sites
SUXBNME 1,328 Posted October 30, 2018 When I sold my home I negotiated the commission down to like 3% due to how much prices had gone up in the 5 years I owned it. The realtor understood and had no issue with a lower commission. [RLLD] You are not a good person [/RLLD] Share this post Link to post Share on other sites
