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For Sale By Owner

May 11th, 2011 at 12:53 pm

Just thinking ahead to next year when we have to sell our home. DH will already be living in our new location (still yet to be determined).

I'm pondering the idea of selling our house without a real estate agent. We had really good success in selling our home in 2006 with an agent that was awesome to work with. Of course, we sold the house in 5 days too. But those agents cost money. In our case, we would pay over $10K to sell this house. I would love to be able to bank that money.

Has anyone personally sold their house without an agent? What tips would you give? What would you say the negative aspects were? The positive?

Posted in Uncategorized | 1 Comments »

1 Responses to “For Sale By Owner”

  1. patientsaver Says:
    May 11th, 2011 at 10:12 pm 1305151932
    1305151932

    I would say go for it. It's incredible the amount of money (6%) realtors get paid. If you know how to stage a house and know a little about marketing and negotiations, you can do it yourself and save a bundle. When I last listed my house, I negotiated the realtors down to accept a 4.5% commission, but even that is a lot. If you calculated actual time spent marketing your house for what they get paid, I'm sure it would come out to hundreds of dollar per hour.

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