I sold real estate both ways, I say it depends on the situation, if we sold our current house I would use a real estate agent because we live in a gated community and showing the house would be a pain especially if you have already moved out of the existing house
I would say you absolutely do need a title company or real estate Attorney to handle the closing, just to make sure the title is clear, the proper paperwork is filled and the money is dispersed properly
I think it depends on you’re willingness to do the work and whether or not it is economically efficient for you to use an agent or to do it yourself.
If I’m earning $300,000/year, could I really save enough to make it worth foregoing an agent?
> I sold real estate both ways... <
Question, please. How set in stone are realtor commissions? Would an attempt by the seller to negotiate the commission be expected? Or would it be a waste of time, and be taken as an insult?
Just asking because I’m planning to sell in a year or so. I just hope Brandon doesn’t completely ruin the real estate market before then.
Ditto. My daughter is my realtor.
On one house I flipped, what I wanted was $30k above what she said she could list the house for with a clear conscience because what I wanted was so far above neighborhood comps.
Because of many issues with the flip, I decided to make it the Rolls Royce of the neighborhood. 2 other realtor friends told me in spite of being $30k above neighborhood, what I had done to house was stunning and to go for it. Daughter said, “Daddy - do it yourself.”
I did, got 4 full-price offers and one $5k above asking price. Even realtors who showed it said it was worth the asking price - all but one. Sold for my listed price and owner’s still rave about the home. That was 2018. Now valued at over $100k more than $370k selling price.
It appraised for close to selling price too.
Now have listed FSBO a nice piece of land - at my daughter’s suggestion. If I don’t sell it in a month, I’ll list it with her.
“I sold real estate both ways”
At least here in Texas, if you have been on the buying and selling side 2 or more times you probably can get by without the agent. Find a title company that does not mind working with FISBOs (most will) and a good real estate attorney (not your cousin who does divorces) to review documents and answer any questions. I’m retired but have 30 plus years in title insurance, etc.