I'm pretty sure that we have decided not to go For Sale By Owner on the sale of our current house. We haven't listed yet, as we are still waiting for order from the US Army. Could they be any slower? Apparently.
I'd love to go FSBO to save the money. The truth is we might not actually save that money on FSBO route. We might not negotiate well. We might list too low. We might not get any buyers to visit. We might spend too much time with open houses. Of course, I could say the opposite of all of these.
There is something to be said for a good realtor that knows the market and how to negotiate with a buyer and their realtor. The money to pay an agent, might net us a higher offer, a better list price, advice based on years of experience. The agent has contact with multiple agents around the city and elsewhere.
I've decided that it is worth the money to pay an agent to make this sale go as smoothly and as stress free as possible. I am after all one person and can't do it all. I'm already doing enough to handle the finances for two households, prep the house for sale, keep it cleaned daily, feed my kids and cats, grocery shop, sew costumes and return library books on top of researching our next place to live (and schools), deciding whether to buy or rent, and....well you get the idea.
Thanks for all the feedback on my FSBO post earlier this month. I appreciate your insights. It was interesting that not too many had actually sold their home by owner. Only one person commented that they had. I'm sure some day, I'll try it, but for now I've decided it is worth the money.
That's the latest. How are home sales in your area?
No FSBO
March 15th, 2012 at 06:42 pm
March 15th, 2012 at 07:48 pm 1331840928
BTW, realtor fees are negotiable. You need to know the length of the contract and your participation. It seems more buyers are doing their own search on-line, what level of technical expertise does the agent offer? Do you have the current Land Registry Survey and necessary documents?
March 15th, 2012 at 08:15 pm 1331842544
March 16th, 2012 at 01:36 am 1331861781