So after having the house on the market with FSBO since May and very little activity, we made the decision 2 weeks ago to list with a realtor. We interviewed 3 realtors and one really stood out above the others with her progressive marketing approach. Had our first open house today, 12-1 pm, and 7 couples went through she said. She is very positive and said the house shows great. She is confident she can sell, so only requested a 4 month contract.
Lord willing, we may be looking for our first workamping job soon. :).
LibertyLinda said
03:09 AM Nov 4, 2013
Well best of luck to you guys.
I was toying with the idea of FSBO in the spring when we put our house up for sale - I hate paying commissions that are too high - but we want out quickly and I guess the fastest way is with a realtor. That was smart to interview them.
It will happen.
RickandJanice said
04:18 AM Nov 4, 2013
Wishing you the best on a quick and easy sale. We did the same thing as you trying FSBO first and then interviewed different Realtors before choosing one. Not only do you need to check their sales, you need to have a comfortable feel that you can work together as a team with them and them with you. Sound like you did your homework and found a good match.
Technomadia said
06:12 AM Nov 4, 2013
Sending you best wishes for a smooth sale!
I too tried FSBO first. After waiting a year with little activity, interviewed some realtors, picked one - and had a cash offer and closing with 2 months.
- Cherie
French Bikers said
03:10 PM Nov 4, 2013
Too bad that you were unable to sell your house yourself. I also find that realtor are getting too much for the work they have to do especially if the property is A-1. I dont know if it works the same way, I live in Canada and several years ago a company started a way for owners to sell their House by themself. The cost is flat rate and under 1k it includes the description of your house on their website like re-max, all the documents needed for the sale and the capacity of talking to a lawyer for legal advise at no extra cost. It works so well that realtor's have been and are still trying to shut them down in court but they have lost all their battle so far.
I'm living in my fourth house and the last two I sold them by myself and save a lot. Here if you contract with a realtor they will take 7% from the 1st 1k and around 3 yo 5% for the balance. So a part of the equity is going in the wrong pocket!!!!!! I do beleive that the best people to talk about their house are the owners realtor are simply salesman and are their to make profit on your back.
Knowing that sometime the sale of a house could be hard these days I wish you good luck with your sale and hope you wil be able to obtain your price. I strongly beleive that giving 20 or 30 k to a realtor is a rip off and could be considered a steal.
cejones4210 said
04:22 PM Nov 4, 2013
Thanks everyone. We have been told by many people and all three realtors, that in our area of the Midwest, that FSBO homes do not move. People want a realtor do represent them, more for closing reasons than the search itself.
Terry and Jo said
02:24 AM Nov 5, 2013
Back when we sold our home, we spent 2 1/2 years through a realtor without much luck, but it was during the period of really hard economic times. For the last 6 months before we sold, we went with a realtor that did as described above. A listing on the MLS system cost us a flat rate of somewhere around $300 dollars. Then, when sold and if we wanted, the same realtor would handle all the paperwork and titling for a flat fee of $1500. In our area, both the selling realtor and they buying realtor each get 3% commission. If a selling realtor also serves as the buyer's realtor, then they get the full 6%. A realtor helping folks on a FSBO would still get their 3%.
We got very lucky in that the the "lady of the house" of our buyers was a licensed realtor herself, even though she didn't work as a realtor at the time. She handled all the paperwork for the sale and we didn't have to pay any commissions. They paid their closing costs and we paid ours.
Terry
cejones4210 said
02:45 AM Nov 5, 2013
Well, we are in an area where normal is 7%, split between buyer and seller realtors if necessary. Our realtor agreed to 6%, when we asked her. Much more than we originally wanted to spend, but now feel we have no choice.
So after having the house on the market with FSBO since May and very little activity, we made the decision 2 weeks ago to list with a realtor. We interviewed 3 realtors and one really stood out above the others with her progressive marketing approach. Had our first open house today, 12-1 pm, and 7 couples went through she said. She is very positive and said the house shows great. She is confident she can sell, so only requested a 4 month contract.
Lord willing, we may be looking for our first workamping job soon. :).
Well best of luck to you guys.
I was toying with the idea of FSBO in the spring when we put our house up for sale - I hate paying commissions that are too high - but we want out quickly and I guess the fastest way is with a realtor. That was smart to interview them.
It will happen.
I too tried FSBO first. After waiting a year with little activity, interviewed some realtors, picked one - and had a cash offer and closing with 2 months.
- Cherie
Too bad that you were unable to sell your house yourself. I also find that realtor are getting too much for the work they have to do especially if the property is A-1. I dont know if it works the same way, I live in Canada and several years ago a company started a way for owners to sell their House by themself. The cost is flat rate and under 1k it includes the description of your house on their website like re-max, all the documents needed for the sale and the capacity of talking to a lawyer for legal advise at no extra cost. It works so well that realtor's have been and are still trying to shut them down in court but they have lost all their battle so far.
I'm living in my fourth house and the last two I sold them by myself and save a lot. Here if you contract with a realtor they will take 7% from the 1st 1k and around 3 yo 5% for the balance. So a part of the equity is going in the wrong pocket!!!!!! I do beleive that the best people to talk about their house are the owners realtor are simply salesman and are their to make profit on your back.
Knowing that sometime the sale of a house could be hard these days I wish you good luck with your sale and hope you wil be able to obtain your price. I strongly beleive that giving 20 or 30 k to a realtor is a rip off and could be considered a steal.
Back when we sold our home, we spent 2 1/2 years through a realtor without much luck, but it was during the period of really hard economic times. For the last 6 months before we sold, we went with a realtor that did as described above. A listing on the MLS system cost us a flat rate of somewhere around $300 dollars. Then, when sold and if we wanted, the same realtor would handle all the paperwork and titling for a flat fee of $1500. In our area, both the selling realtor and they buying realtor each get 3% commission. If a selling realtor also serves as the buyer's realtor, then they get the full 6%. A realtor helping folks on a FSBO would still get their 3%.
We got very lucky in that the the "lady of the house" of our buyers was a licensed realtor herself, even though she didn't work as a realtor at the time. She handled all the paperwork for the sale and we didn't have to pay any commissions. They paid their closing costs and we paid ours.
Terry