Talk of The Villages Florida - View Single Post - NAR - Much ado about nothing? Realtor's Commissions.
Thread: NAR - Much ado about nothing? Realtor's Commissions.
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Old 04-06-2024, 07:02 AM
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Quote:
Originally Posted by MightyDog View Post
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!
Zillow couldn't survive without using the MLS system for comps, which wouldn't be possible without the hard work of Realtors.