Posted on 04/25/2024 9:29:22 AM PDT by where's_the_Outrage?
We did FSBO and put home on zillow. The buyer had a broker. We paid him 4%. He was a bit uncomfortable at first as he’d been burned but in the end he was our friend too and thanked us for all we did.
The buyer usually finds the inspectors, etc. so their broker made the contacts. We were also “as is” so buyer responsible for repairs.
Worked well for both sides. They still live in the home and love it.
I've never understood the commissions remuneration for real estate agents. They do essentially the same amount of work for a $1M house as for a $500K house.
I have always gone directly to the listing agent, never lost out on a house - they want you to come directly so they don’t have to split commissions
You don’t need a real estate course, selling a house is easy - I’ve sold 10 on my own.
I have sold three house FSBO. It’s a piece of cake…easy.
Real estate commissions are a huge ripoff. In our area, the average home is probably one million dollars. So a 6% commission costs $60,000. Bye-bye a good chunk of equity!
I mostly sell or buy without agent
Relative had someone approach him about having relative buy his house.
I helped them navigate the sale of relatives current house and purchase of his friends house. No agent. Good lawyers. Done deals.
did they charge you anything?
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