Quote:
Originally Posted by margaretmattson
This has been an interesting thread. I believed listing agents would survive. But, now I am not so certain. The wave of the future may be low cost listing services. Has anyone used a listing service? I assume it is FSBO? We sold our previous home to a buyer we knew had interest. Never had to list the home.
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The "listing service" I used in 2017 to sell my house in NC was a very well put-together listing by me on Zillow (which populates overnight onto Trulia, owned by Zillow).
Those two internet spots produced phone calls from agents and interested solo buyers. I got 3 offers in 3 days and took the one from the solo buyer. It closed just fine with zero $ paid to any agents. Never even put a sign in the yard.
I will be doing the exact same thing in the next 2 months and am hoping for similar results. Although, I will pay an agent who brings me a buyer 2.5 % for a closed deal.
Btw, it only works that well in a low supply / high demand market or location. When conditions are the reverse, you need all the help and exposure you can get. I'm familiar with that too - having had a fully-listed house on the market for
5 months in
2008. Simply brutal!