Realtor or FSBO?

[gibbler64]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?

[JohnN]

Absolutely. I'd certanly try that first. I've sold FSBO and it's pretty simple. An ad on craigslist, here, and the Daily Sun and you can pack your bags.

[dewilson58]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?

Absolutely.
Zillow, Facebook, ToTV, Nextdoor.......all at once will give you plenty of exposure.

[vintageogauge]

Your post here was your first ad.

[Boomer]

I think that by just posting your question, you are well on your way to FSBOing. You will get contacted by people reading this. This is where your ability to deal with — and read — people comes in.

Contact a title company. They used to provide kits for FSBOs. I assume they still do.

Make sure you cover all the legalities.

If you have to advertise, take good pictures.

Do your homework and ask yourself how comfortable, confident, and savvy you feel about dealing face-to-face with potential buyers. Other than the legal stuff, that’s the most important part.

A patio villa will sell fast. Just be sure you know how to price, how to advertise if needed, and how to handle the public. You could get low-ballers and other types of pushy people. But you could also get a nice cash buyer who wants a patio villa.

Put the word out among your neighbors first.

If you are up for it, go for it. I would. But that’s just me.

Boomer

[gibbler64]

Thank you!

[Babubhat]

No downside to Trying Fsbo. Have sold four houses without a realtor. Houses priced well sell fast

[dewilson58]

No downside to Trying Fsbo. Have sold four houses without a realtor. Houses priced well sell fast

Did you use the company FSBO???
Interesting concept.....they do an appraisal & house inspection for the seller & they share it with qualified buyers.

[DAVES]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?

Selling a home. For most people it is the most expensive, or the most expensive thing you will ever sell.

Both the buyer and the seller in a for sale by owner fee they will save the salesman's commission. Both cannot save the same money.

It is a bit of a sport around here and everywhere, bored people looking to see how you decorated etc. People, set up an appointment and then don't come, or call, or come late or early or think they need their dog etc with them.

Like anything else sometimes it goes well and sometimes it is a horror story.

[eweissenbach]

I have sold five homes fsbo and bought our TV villa directly from the owner. I also used to be a licensed Realtor in Missouri. A realtor (or real estate salesperson) offers some advantages, taking care of all the details and paperwork, doing the advertising, holding open houses, and primarily having a que of ready buyers. However, in a hot market like the current one, those advantages are somewhat minimized. A title company can take care of the contracting and closing details, you can do the advertising and open houses. Set a realistic price, somewhere between where a realtor would price it and what you would realize after commission and get it in front of as many eyes of potential buyers as possible - Zillow, FSBO, TOTV, Nextdoor, Daily Sun, Craigslist, Facebook, etc. if no offers in a couple weeks you have either priced it too high or haven’t advertised it effectively, and then you may want to list it. Also, clean it immaculately and declutter and stage it to look its best. Good luck.

[Bunny1]

We bought our patio villa from a newspaper ad For Sale by Owner. Daily Sun

[joeandpauline1961]

Make sure you have an inspection on the home; doesn't cost very much and very worth while. I have been a realtor for 40 years and always had my people do an inspection if you are also buying.

[Flanman]

We sold a house here ourselves. Word got out and we had 5 people interested. Sold to a previous renter for asking price. Used a Title company. So easy and saved $15-17,000 in realtor fees. It’s a sellers market. Not a lot of homes out there.

[GaryTidwell]

Where is your patio villa located at? My wife and I will be in TV in two weeks looking to purchase or rent.

[HoosierPa]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?

FSBO all the way

[msilagy]

Tri County title company will give you a closing package to get you started, draw up the contract and hold the down payment in escrow for you and handle the closing. I just did it. Very easy. Good luck!

[kendi]

Just be sure you give the buyers a full disclosure in writing of any problems with your property. Lawyers are loving the FSBOs cause many end up getting sued. We sold ours up North ourselves with full disclosure. Buyers had it in hand for their inspector to see as well.

[lmack]

Yes, definitely doable yourself.
Which model and where is it as we are looking for a patio villa.
I think you can private message me on here/totv.

[Shirley Keith]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?
John's sister and her husband are looking for a Patio Villa. Where is yours?
BTW we sold our last home ourselves and it went smoothly.

[CGBuck]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?
Definitely sell on your own & save thousands. We just did it by putting signs at the end of our block. No problems.

[LG999]

I would try to sell yourself before going to a realtor. I received an over ask, cash offer for my 2/2 within a few weeks (i think 2 weeks). You can take your own photos or hire someone to take them. It is not hard to write your own ad.
You will need someone to show it if you are not around. I have wonderful neighbors who helped.

[toeser]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?

Yes, but use a service that gets your ad on MLS, Zillow, etc.

[Debfrommaine]

Yes, but use a service that gets your ad on MLS, Zillow, etc.

Posted on Zillow by owner no problem, by ourselves. Could edit ad or add my pictures easily.

[brianherlihy]

stay away from a realtor not good for the seller just the buyer/ we use for sail by owner and make more money if you want to be happy dont use a realtoe

[EllenW]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?
Question is not “Can you sell on your own” - of course you can, BUT Rather, “ It is Can you sell for the Highest DOLLAR?” The answer is clearly NO! You are negotiating ONLY with one Buyer! A Realtor sets it up so as for you to realize the Highest Dollar possible and in this Market, create Multiple Offers and therefore MORE moments than you would have otherwise realized. If you are happy with “just” selling, then go ahead. Good luck with your sale.
A Fellow Villager and Realtor from Canada

[brianherlihy]

we use for sail by owner for 6 homes we sold and just sold our home in the villages for a lot of money. we had 9 realtors try to work for us told them to get lost . we made a lot of money go with for sail by owner you will be happy :bigbow::bigbow::a040::a040::MOJE_whot::MOJE_whot: :coolsmiley::coolsmiley::coolsmiley:

[KRMACK55]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?
Post your house on Zillow Next door and any other free site. You can expect as many calls from realtors as from potential buyers. With a Villa it should go very fast. BEWARE OF FLIPPERS and other low life’s trying to low ball you. Do not pay the title insurance or any other fees on the HUD stmt !

[KRMACK55]

Did you use the company FSBO???
Interesting concept.....they do an appraisal & house inspection for the seller & they share it with qualified buyers.
Don’t use a company called FSBO ! The buyer hires an inspector and should pay the title insurance as well. Also get pricing for title insurance as there are a lot of title companies out there using the same underwriter but the markup on the policies are huge. The biggest markup folks are TV.

[Juliebythesea]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?
My friend is looking for a patio villa in the southern areas. Please message me!!

[ibodyWALK]

Yep - completed it in a few hours in Georgia - and buy here ( 2 weeks in Woodbury ). We all have friends that are realtors or real estate sales professionals. Yet realtors or slowly becoming the record player of the past - while a studious homeowner can be the Bluetooth player, ( out with old and in with new ).

Having said this it requires work a great FSBO attorney. Mine was able to do Georgia and Florida ( though opted for a great realtor here ).

I will say it’s not for everyone… and based on your question and your responses, which actually yielded lots of great points. Though again not fir everyone, as there is lots of hands on… my attorney was the only attorney out of 10 I called who would do it, and then I found this firm had a website specifically catered to walking thru the process

All the best, happy to communicate off line ;)

[TerriRacioppo]

The Villages sells itself. I would certainly try to sell first by owner. Looking at the real estate market it certainly in a sellers market. Go for it. Worst case scenario ( and I hardly doubt it) you turn your sale over to a realtor. We’ve sold both our former homes without realtors, Good luck!

[yankygrl]

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?
Short answer yes...but you should be aware of all that entails - home warranties, closing agent, inspections. Is it worth it?! I have a great realtor who is looking for places to sell, the inventory is so low in the area everything is selling almost immediately. I had an expanded designer on preserve south of 466A that sold in 3 hours.

[pdp07]

Did you use the company FSBO???
Interesting concept.....they do an appraisal & house inspection for the seller & they share it with qualified buyers.

I would never trust any owners appraisal or inspection. So don't need a company called FSBO.

[Boomer]

I would never trust any owners appraisal or inspection. So don't need a company called FSBO.


This brings up something for a FSBO seller to keep in mind. . .

If a FSBO seller decides to have an inspection done before marketing and a buyer decides to accept that inspection, that acceptance, along with the buyer’s waiving of the right to their own inspection, should be made clear in the contract language. (Maybe that situation is already covered in a generic Florida real estate contract — but, if not, and if I were the FSBO seller, I would make sure it would be.)

Boomer — who is not a lawyer or a real estate agent (full disclosure :) )

[ROCKMUP]

You have nothing to loose doing a FSBO if its in your comfort zone, except time. Can you afford that ?

In this market its not uncommon to have cash sales that forgo inspections of any kind and don't need home warranty's

[dewilson58]

I would never trust any owners appraisal or inspection..

I love people who think professional reputations can be purchased for $300.

[Boomer]

About home warranties. . .

We downsized our northern home a few years ago. We used an agent for that sell and buy.

Our buyers requested a home warranty. Although we knew our house was well-maintained, the inspection had gone very well, and the appliances and hvac were almost new and had been taken care of — we threw it in because it was not a big expense and we were doing fine on the sale.

Our agent was long-experienced and highly professional. She knew our house and its condition and seemed a little miffed by the buyers’ agent’s request.

Our buyers’ agent was about 12 years old and just starting to try to make his “fortune” in the business.

Do agents get kickbacks for pushing home warranties?

Boomer

[Orvil]

About home warranties. . .

We downsized our northern home a few years ago. We used an agent for that sell and buy.

Our buyers requested a home warranty. Although we knew our house was well-maintained, the inspection had gone very well, and the appliances and hvac were almost new and had been taken care of — we threw it in because it was not a big expense and we were doing fine on the sale.

Our agent was long-experienced and highly professional. She knew our house and its condition and seemed a little miffed by the buyers’ agent’s request.

Our buyers’ agent was about 12 years old and just starting to try to make his “fortune” in the business.

Do agents get kickbacks for pushing home warranties?

Boomer

Yes. Depends on the state. It's not much.

[Robnlaura]

How about listing it on Zillow it will be gone quick. Not sure if they have all the forms but pretty easy to download. Just remember your clauses you want in it easy to find the language online. No need to spend money on a realtor. They will do the same. No luck with zillow pay for a mls entry only and pay a selling realtor 2%

[Robnlaura]

Question is not “Can you sell on your own” - of course you can, BUT Rather, “ It is Can you sell for the Highest DOLLAR?” The answer is clearly NO! You are negotiating ONLY with one Buyer! A Realtor sets it up so as for you to realize the Highest Dollar possible and in this Market, create Multiple Offers and therefore MORE moments than you would have otherwise realized. If you are happy with “just” selling, then go ahead. Good luck with your sale.
A Fellow Villager and Realtor from Canada

Nah all you do is find the sold comps in your area figure out a price add $5k to that or $5 less and hope for a bidding war.. all a realtor does is the same. Now negotiating is an art. Disclosures important as is contract is a good idea. Put a lock box on the house from ace if you want .. do an open house yourself. Real estate in this market who needs to pay someone to do the same ..

[retiredguy123]

I would never trust any owners appraisal or inspection. So don't need a company called FSBO.
I agree. I would never trust an appraisal or an inspection paid for by the seller. I also would never hire an inspector recomended by the seller's real estate agent, or any agent trying to sell the house.

[Babubhat]

If your house is priced correctly it’s hard to believe a realtor does much to earn five or 6% commission in this market. Try it yourself first. It should go within a week or less

[Boomer]

In a buyers’ market, a FSBO buyer might expect to negotiate down because there is not a realtor’s commission. Of course, a buyers’ market seller might decide to try a FSBO so they can price competitively, aiming for a faster sell.

But, in a sellers’ market, FSBO sellers should expect to pay themselves the commission and should not have to entertain any offers less than fair market value — that’s “current” market value — in a lot of cases, there is nothing “fair” about it right now.

I have never seen a market this hot. It can’t last.

I think it will be a relatively slow slide though — probably not a sudden, big, splashy dunk — unless some big thing — like Covid’s resurgence — infiltrates the housing market. That could happen in more ways than one. . .

For instance, if health insurance premiums go through the roof for 2022, a lot of buyers across the country might have to rethink what they can afford to spend for a roof over their heads.

Health insurance companies do not lose money. They are not going to absorb the cost of hospitalizing Covid patients. They cannot deny them care — but we all are going end up paying the bill if the vaccine-deniers don’t get a grip on reality.

Soooo, anybody who is thinking about selling, and already has a place to move to, might want to seriously think about doing it ASAP. (But that’s just my opinion. . .I have been right before though.)

Boomer

[CaliforniaCat]

Definitely a Realtor. Hire a Professional.

[brianherlihy]

dont du it Definitely go with fsbo a realtor will not work for you only the buyer we just let our realtor go and sold with fsbo and saved $12,000 and it went so good and no bs :a040::a040::a040::coolsmiley::coolsmiley::coolsmi ley::MOJE_whot::MOJE_whot::MOJE_whot:

[Daleholbrook]

Absolutely.
Zillow, Facebook, ToTV, Nextdoor.......all at once will give you plenty of exposure.

I have questions

[Babubhat]

Definitely a Realtor. Hire a Professional.

It’s not that complicated. You will earn about 1000 dollars an hour doing it yourself. The market is too hot to pay a commission