There is a way to do house selling by owner and not use a REALTOR. Save yourself a lot of money, but remember it is basically up to you to decide whether or not they should perform house selling by owner. There are many advantages and disadvantages if you are going about house selling by owner. You will notice more and more for sale by owner signs in front of houses people are currently selling.
One of the major advantages would be that you will not have to give pay real estate agent fees, which is usually a percentage of 6% of the total of a property value. Another great advantage would be that you will always be available to show your home and answer any phone calls when someone is looking to buy.
Some of the disadvantages:
- Legal forms and paperwork
- real estate marketing and advertising
- Pricing for sale
Do a little research on recent houses that were sold in your area in order to determine the right asking price. If you are house selling by owner you will save tons of money, but if you are not comfortable doing all the additional work then you should find a local REALTOR who has a good reputation with the sales of homes. Weigh out your options first.
1. Real Estate Secret Info » Blog Archive » Owner Selling House | October 29, 2008 at 8:48 am
[...] jonathanbentz wrote an interesting post today onOwner Selling HouseHere’s a quick excerptYou will notice more and more for sale by owner signs in front of houses people are currently selling. One of the major advantages would be that you will not have to give the real estate agent his fee which is usually a percentage of 6% … [...]