Talk of The Villages Florida - View Single Post - Questions about For Sale by Owner
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Old 07-16-2015, 11:29 AM
old_lizard old_lizard is offline
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Hi, I am selling my house myself even tho I am a licensed RE agent here in FL. I am still with a Agency, and am technically working, I am too ill to work.

You can definitely sell your house on your own. First, if you use standard Florida real estate forms, specifically the Purchase Agreement - ( linked here to a free source I found online - http://titlesourceusa.com/images/For...20Purchase.pdf ) the need for a lawyer is negated on a standard sale. If there are short sale or repo issues, I personally would see a lawyer. Also, lawyers are usually cheaper than paying the standard commission ($1500-$2000 vs. 5%). The forms are designed to handle all the same details a lawyer would.

However, even simpler is to visit any Title Insurance office and tell them you are selling your house on your own and they will hand you their FSBO package which has everything needed (forms and instructions). You just fill it out when you accept an offer and take it back to them, and almost all of the Title folks have a specific person to handle FSBO's and know how to help. You pay them in closing costs anyway, and it saves you the hassle and worry if you did it right. (This is what I am going to do, and I know how to do all the forms. But, if I in any way used my agency to send forms, etc, I would owe my broker his normal cut of seller's commission!)

Just to help friends, I have a board on my Pinintrest account about why seller's don't need to pay commissions and can do it them-self with just a little effort for the $$ saved. Here is the board - https://www.pinterest.com/steve_peac...-estate-agent/ I also have created my own website, which you can easily build and publish on the net for about $12 for 6 months. I used GoDaddy.com. This is my site to sell my house - Home - it is on all my ads; newspaper, yard signs, etc.

Everyone around you will tell you: "your house hasn't sold? Joe on the corner sold the same day he put it on the market". While that does happen here in TV, it is not common. Mine has been on over 60 days and I am holding more Open Houses and tweaking the price lower by increments.

Good luck - summer is a tough time to sell - Fall will see the snowbirds coming back, and it always surges...