Selling a House FSBO

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matador1
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Re: Selling a House FSBO

Postby matador1 » Wed Mar 02, 2011 11:41 am

Email me a flyer or a link to the listing ablack@primelending.com. I have several clients looking in your area right now.
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Re: Selling a House FSBO

Postby turkeyman » Wed Mar 02, 2011 11:57 am

Burn it down collect the insurence money problem solved. JK man your in a good neighborhood to sale by owner. Shouldn't be a problem
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edub20
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Re: Selling a House FSBO

Postby edub20 » Wed Mar 02, 2011 12:18 pm

matador1 wrote:Email me a flyer or a link to the listing ablack@primelending.com. I have several clients looking in your area right now.
Email sent. Plan to add some more pics of the inside/outside this weekend and the landscape guy should be done with the rest of the shrubs today.
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cwink
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Re: Selling a House FSBO

Postby cwink » Wed Mar 02, 2011 12:23 pm

In this market I think a Real Estate Agent is a good idea.. There are just so many houses on the market that I think the more exposer you have the better off you will be. Just an FYI you can sometimes talk a realtor into a lower percentage.. We have talked some down from 6% to 4% before..
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Re: Selling a House FSBO

Postby mudsucker » Wed Mar 02, 2011 2:10 pm

SHANE704 wrote: just get a good clear contract drawn up and have both parties clear of what expected before signing (ie, who is paying closing cost, how long you have to get all of your stuff out, etc).
This is what I meant by ducks in a row. Consise contract,termite inspection, a good closing atty., etc.... SPELL it all out so no surprises.
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Re: Selling a House FSBO

Postby Deltaquack » Wed Mar 02, 2011 2:43 pm

cwink wrote:In this market I think a Real Estate Agent is a good idea.. There are just so many houses on the market that I think the more exposer you have the better off you will be. Just an FYI you can sometimes talk a realtor into a lower percentage.. We have talked some down from 6% to 4% before..
Talk them down to 3%. I've sold 2 houses in the last 3 years and only paid 3%. I tried selling by myself. It stayed on the market for a little while......and no lie, I decided one day to sign with a realtor and the next day I had a looker and an offer. Most realtors won't show a house FSBO (they have clients looking but won't work for free just like anyone else). Most buyers like using a realtor b/c they feel more protected and like a middle person to do the negotiating.
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lilwhitelie
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Re: Selling a House FSBO

Postby lilwhitelie » Wed Mar 02, 2011 6:02 pm

Get comps of houses sold in your area in the last 6 months and remember where the market is and be resonable. If you stay with it and are in NO hurry you can move it. Problem is most potential buyers are going to bring an agent with them and demand 3 percent or at least 2.5. If you say no etc they tell their client some BS and move on. We had 2 contracts fall through due to agents representing buyers not wanting to work with us and we were going to pay them their comission. Good luck..to bad this is not a sellers market so most people want you to sell for a LOT less than what you think its worth.
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edub20
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Re: Selling a House FSBO

Postby edub20 » Wed Mar 02, 2011 8:38 pm

eSJay hooked it up with all the necessary legal documents. I should be good to go, now just gotta find a buyer.

Thanks again SJ
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trey
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Re: Selling a House FSBO

Postby trey » Wed Mar 02, 2011 8:49 pm

Put it on craigslist...
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Re: Selling a House FSBO

Postby duckhead'71 » Wed Mar 02, 2011 11:23 pm

Realtors statistically get you more money for your property. They price it based on comparable sales accessed through the local mls. Fsbo's typically sale their homes on the lower end of the market no matter what the economy is doing. Relocation is a large part of our local market, and fsbo's lose out on these buyers b/c relo companies wont entertain fsbo's. Sellers most times will net more with a realtor, than without. Would you represent yourself in court? Operate on yourself? A realtor that operates as a professional is well worth their compensation. Their is a huge misconception that being a realtor is gravy pay. Look at advertising cost, your time value, open house for other realtors and potential buyers, scheduling inspections and closings,contract review etc. No matter what % of compensation, it aint all net profit for them. Find one that is full time, and has a proven track record.

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