I am new to the forum and have a question about homeowners selling directly to buyers. I am assisting a relative with selling her second home, we listed on Ebay and I posted on social media sites. Has anyone any experience with selling a home without a real estate agent and can share their (good and bad) experiences?
I am an investor with my RE license. Also, I am in PSL.
If you want to handle the listing yourself and do not want any RE Agent representation, contact a local RE Attorney (I have a great RE Atty in Stuart if you need one)who can draft up and assist with any contracts and escrow/title. The good, not listing commissions on the seller side, but if you want agents to bring a buyer to your listing, you may want to consider a buyer's agent fee.
There are several good reasons to help with this process...what you will learn will be immeasurable and then there's the BAD side...the things that could go wrong in any transaction and immense...
I am, however, interested personally on the investment side. Is this an investment worthy house or are you hoping to get above market on it? If the latter, and you want to make the highest $$ then work with a realtor. If it is an investment type house, please DM me with the details. Feel free to contact me with any questions.
Good sites to list the property since you are not currently on the MLS:
Hey Sabine 馃憢 Welcome to BP! The truth is selling a home without knowing all the steps can be costly if you make a mistake. I have a friend who recently lost 12K doing it himself. I鈥檇 be happy to talk to you about the process. Feel Free to message me directly. I am local as well. Maybe we can meet up 馃憤 Sincerely, Derek
@Sabine Franklin you could retain the services of an attorney and they absolutely can draft up contracts, addendums and advise on the law side. However, the attorney probably doesn鈥檛 have the time or expertise or experience in this market especially to effectively market, nurture leads, manage viewings, and most importantly negotiate through the twists and turns of a real estate transaction. Demands and back n forth give and take happens off and on during a 30-60 day process/journey of selling a property. It is best in my opinion to use a knowledgeable professional and pay them well. It sounds like you鈥檙e worried about getting screwed over. Then using the right person for the right job has tremendous value to you and more than pays for itself. An attorney only cares about their own behind, billable hours, and hopefully they鈥檒l answer the phone when you need them. A Realtor is bound to a specific code of ethics and we can be held accountable as licensed professionals. We are trained to represent clients and customers with fidelity or else. So don鈥檛 go to a steak house and order salad, hire a realtor to do real estate. No one would ever criticize that decision.
I am an investor with my RE license. Also, I am in PSL.
If you want to handle the listing yourself and do not want any RE Agent representation, contact a local RE Attorney (I have a great RE Atty in Stuart if you need one)who can draft up and assist with any contracts and escrow/title. The good, not listing commissions on the seller side, but if you want agents to bring a buyer to your listing, you may want to consider a buyer's agent fee.
There are several good reasons to help with this process...what you will learn will be immeasurable and then there's the BAD side...the things that could go wrong in any transaction and immense...
I am, however, interested personally on the investment side. Is this an investment worthy house or are you hoping to get above market on it? If the latter, and you want to make the highest $$ then work with a realtor. If it is an investment type house, please DM me with the details. Feel free to contact me with any questions.
Good sites to list the property since you are not currently on the MLS:
I am a Realtor, I live and work near your relative's lovely second home. The market here is very strong but I would advise you to select a local professional to ensure a successful closing. I am happy to help at no charge, I have helped many homeowners to sell their own properties.