Realtor or FSBO?

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Old 07-27-2021, 07:09 AM
gibbler64 gibbler64 is offline
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Default Realtor or FSBO?

Do you think the housing market is strong enough to forgo a realtor and just sell my 2X2 patio villa on my own?
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Old 07-27-2021, 07:19 AM
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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.

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Old 07-27-2021, 07:20 AM
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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.
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Old 07-27-2021, 07:22 AM
vintageogauge vintageogauge is offline
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Your post here was your first ad.
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Old 07-27-2021, 07:39 AM
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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.

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Old 07-27-2021, 08:12 AM
gibbler64 gibbler64 is offline
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Thank you!
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Old 07-27-2021, 08:13 AM
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No downside to Trying Fsbo. Have sold four houses without a realtor. Houses priced well sell fast
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Old 07-27-2021, 08:17 AM
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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.
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Old 07-27-2021, 09:25 AM
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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.
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Old 07-27-2021, 03:16 PM
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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.
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Old 07-27-2021, 03:58 PM
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We bought our patio villa from a newspaper ad For Sale by Owner. Daily Sun
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Old 07-28-2021, 05:03 AM
joeandpauline1961 joeandpauline1961 is offline
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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.
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Old 07-28-2021, 05:09 AM
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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.
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Old 07-28-2021, 05:19 AM
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Where is your patio villa located at? My wife and I will be in TV in two weeks looking to purchase or rent.
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Old 07-28-2021, 05:36 AM
HoosierPa HoosierPa is offline
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Quote:
Originally Posted by gibbler64 View Post
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
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