Selling my home
2006-06-15 17:41:29 · 15 answers · asked by cosmo199701 2 in Business & Finance ➔ Renting & Real Estate
You can. All a realtor does is all the thing you don't want to do but have to because you want your house sold.
2006-06-15 17:50:59 · answer #1 · answered by Sowhat 3 · 0⤊ 0⤋
You absolutely do not need a Realtor. But, it is a very smart move to use one. Here are some reasons:
1. You lessen the likelyhood of getting yourself in legal or financial trouble, as Realtors do this kind of work every day and know the forms and the law. Equate it to trying to defend yourself in a courtroom without a lawyer.
2. Many times, buyers already have Realtors looking for homes for them. Also, these Realtors usually find the perfect home for them on the local Multiple Listing Services, which are only accessible to Realtors. True, there are public websites that have much of the information on them, but there are many bits of information missing on the public sites.
3. A lot of the deals I make come from chatting with another Realtor and finding that either I have what their client is looking for or they have what my client is looking for.
4. There are many cut rate Realty companies out there who will put your home on the MLS for a fee (or put a sign in your yard for a fee, print fliers for a fee, etc.) These companies are not bad at all, but remember, these fees are non-refundable. If you do not sell the home with this company, you're out the money anyway. With a Realtor (in most cases), you don't pay any fees unless you sell the home. If it's on the market for 6 months or a year, and it doesn't sell, the Realtor is the one who bears all of the expenses of marketing (which can get very expensive).
Feel free to write if you have any questions, as I'm a licensed Realtor.
In closing, you definitely do not need a Realtor to sell your home, just make sure you know everything you possibly can before you start.
Best of luck to you!
Sean
2006-06-15 17:53:48 · answer #2 · answered by trblmkr30 4 · 0⤊ 0⤋
you need a Realtor. your home is probably the biggest investment you have made in your life. Why would you handle the sale of it when you do not know the first thing about any of the paper work or even where to start. There is an old saying " The lawyer who represents himself has a fool for a client". Talk to a Realtor...
2006-06-15 17:52:52 · answer #3 · answered by jafnarf 3 · 0⤊ 0⤋
You can certainly sell your own house. It takes a great deal of time and effort, and you should be familiar with the real estate laws in your area.
Maybe the most difficult thing to do is to get your house into "show" condition - and keep it there. This means making any necessary repairs, and sprucing the place up, inside and out. Clear out any clutter and put extra furniture pieces into storage (or in a garage). Tone down any decor that is particularly personal - buyers want to be able to imagine their own things in your house. Keep it neutral. Keep it clean. I know this sounds like a no-brainer, but you'd be surprised how many people try to sell filthy houses.
Consult with a lawyer about what you will need to provide in terms of contracts, receipts, etc.
It is a lot of work, though, and you might not be saving as much as you think. With the red-hot real estate market right now, many brokers have dropped their commissions to only 2% or 3%. And they have access to many more perspective buyers than an ad in your local newspaper. They will be the middle man, taking phone calls, answering questions, and screening potential buyers.
With patience and hard work, you should still be fine doing it yourself. Good luck.
2006-06-15 18:18:18 · answer #4 · answered by cloudofchanel 2 · 0⤊ 0⤋
You can sell your house on your own, but you should be up on all the laws in the area which you live. Depending on where you live, it is sometimes best to go through a Realtor and avoid any future headaches.
2006-06-15 17:48:42 · answer #5 · answered by Tom W 1 · 0⤊ 0⤋
You can easily sell your house without a realtor. However you should have a good lawyer. Money better spent on a lawyer.
2006-06-15 18:21:22 · answer #6 · answered by solapine 2 · 0⤊ 0⤋
You can sell by owner, it is legal, but do your home work. You will still probably want a lawyer to close the deal and work in your best interest, also home inspection, title work and so on. Unless you have a lot of time and can devote it to showings and take comments hopeful buyers will make, you are far better off with an agent.
2006-06-15 17:51:21 · answer #7 · answered by Carol P 5 · 0⤊ 0⤋
You can but Realtors know all the up to date information, since things are changing every way you turn now-a-days. They know the important things and have quick access.
2006-06-15 18:05:06 · answer #8 · answered by Anonymous · 0⤊ 0⤋
You can sell it on your own. Alot of people look for house that are FSBO (for sell by owner) they feel they can talk the price down easier and you will save money not having to give a percent to the realators.
2006-06-16 06:56:13 · answer #9 · answered by jinxy84 3 · 0⤊ 0⤋
http://www.pauld-kw.com
Need a good Realtor?
If In Alabama - e-mail me
If not in Alabama - I can still recommend an experienced Realtor from your area
that will give you OUTSTANDING service
2006-06-16 03:37:42 · answer #10 · answered by Keller Williams Realtor 2 · 0⤊ 0⤋