Quote:
Originally Posted by rubicon
For sale by owner seems complex and it seems that it can lead to unintentional consequences? Beside eliminating a realtor what else can an owner eliminate by not using a realtor? How does the owner market price his/her home? what are the legal/ financial implications?
An owner could have the ability to sell two milking machines to a farmer that owns one cow but boy I do not know that I would want to be on either end of that agreement???????????????????????????????????????
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We've sold by owner twice, both in down markets. It isn't that hard. You have to do your homework for pricing. Get your own comps.
There are companies who will rent you a sign and list your property on their sight. For an additional fee, you can have it put on MLS (do it!)
You can hire a closing company (with attorneys if you're so inclined).
You just become the Realtor, with the professionalism the Realtor brings, and sub out the rest.