[Remembergoldenrule]

List on talk of Villages.
If you change mind our agent Bill Smith only charges 3%
352-571-8549

[Indydealmaker]

When you choose to sell your own, it is the equivalent of taking on a full time job. Just posting it somewhere constitutes 10% of the process.

[Vleka]

Originally Posted by retiredguy123

Do you have a FSBO package from a title company that includes a sales contract, and an agreement for the title company to accept the earnest money and hold it in an escrow account?

Also, if you are willing to pay a real estate agent a reduced commission, I would contact some agents who may want to show the house.

Yes we have the packet

[npwalters]

Originally Posted by retiredguy123

As a buyer, I take offense when a FSBO seller suggests that we are splitting a commission, or that the price has been reduced by 6 percent because there is no real estate agent. When an agent is involved, the commission is paid entirely by the seller, not the buyer. Price the house based on its true value and don't try to convince a buyer that they are getting a better deal because there is no commission. That is a false argument that may turn off informed buyers.

Your statement is almost accurate. The OP is saying the house would have been priced higher if they had used an agent. So if the buyer pays more with a realtor involved they are de facto paying for the agent.

[Bay Kid]

There is so much more to selling your home other than placing an add. A good agent is so very important.

[sallyg]

Originally Posted by BrianL99

Anyone who sells their home FSBO, is costing themselves money and causing themselves aggravation, as well as opening themselves up for ridiculous liability. Getting recommendations from a person who did it once themselves, is like Tiger Woods hiring some kid playing one of our Executive Golf courses, to give him lessons. Not all brokers are great or even good, but there are some out there who are real professionals.

I've bought & sold well over 100 properties and without exception, everyone that didn't include a Broker and/or a Lawyer, was a headache. I know it's hard to bite the bullet and pay a Commission, but you'll get way more money for your home using a Broker and limit your aggravation.

I have a many friends in the Real Estate business and they almost always hired someone else to sell their own property, because it's the best way to handle it.

Anyone who says otherwise, is suffering from a lack of experience and using 1 or 2 anecdotal examples and calling it a reality or trend.

Disagree completely.

[ron32162]

Make sure your home compares. Not just by sq footage of the home but upgrades other sold homes may have had when sold like granite, quartz, new fixtures, new flooring, birdcages, roof, ac, water heater. appliances and location etc.

[Northerner52]

Have great photos and videos taken. I used this company and they were great. Wise Media Group

[RiderOnTheStorm]

Originally Posted by Vleka

We want to sell our patio villa without a realtor. We’ve got the paperwork together but we’re not sure of where to post it other than Zillow. If you’ve had any experience with For Sale By Owner please share.

Highly recommend FSBO; you will save a LOT of money if you are willing to do a little bit of work. We have sold two Villages homes ourselves and recommend the following:
1. Stay away from Zillow; they will use distant agents with little or no knowledge of Villages properties or potentially unique selling features of your home (e.g. choice building lot), to create and post a valuation of your home that can be highly inaccurate; our last home, a Courtyard Villa at the end of a very private cul de sac, sold for $389K despite Zillow's $323K valuation. The latter made our home much harder to sell since almost every prospective buyer wanted to believe that $323K was accurate; a tough perception to overcome. The situation was made very frustrating due to the fact that there was no way that we could challenge the inaccurate assessment.
2. Engage a Title/Settlement company; they will handle all the paperwork, arrange for an attorney to review all documents, and provide a neutral meeting place to meet with the seller to sign all the relevant papers. We used Advantage Title. They charged about $500 (including attorney fee) and was well worth the cost.
3. Consider buying a MLS listing, which will significantly increase visibility. If a sales agent responds, offer them 2% commission on anyone they bring to a successful sale.
Good luck.

[toeser]

Originally Posted by BrianL99

Anyone who sells their home FSBO, is costing themselves money and causing themselves aggravation, as well as opening themselves up for ridiculous liability. Getting recommendations from a person who did it once themselves, is like Tiger Woods hiring some kid playing one of our Executive Golf courses, to give him lessons. Not all brokers are great or even good, but there are some out there who are real professionals.

I've bought & sold well over 100 properties and without exception, everyone that didn't include a Broker and/or a Lawyer, was a headache. I know it's hard to bite the bullet and pay a Commission, but you'll get way more money for your home using a Broker and limit your aggravation.

I have a many friends in the Real Estate business and they almost always hired someone else to sell their own property, because it's the best way to handle it.

Anyone who says otherwise, is suffering from a lack of experience and using 1 or 2 anecdotal examples and calling it a reality or trend.

I can't match your number of sales, but I have sold at least 10 properties, all without a broker. All went quite smoothly. I have used just a lawyer, or just a title company for the paperwork. It's not that complicated. I think you are raising unnecessary fears.

[Whitley]

Originally Posted by npwalters

Your statement is almost accurate. The OP is saying the house would have been priced higher if they had used an agent. So if the buyer pays more with a realtor involved they are de facto paying for the agent.

I agree with your post. If I need clear 100k from the same, and am paying an agent 6% for the sale, I would need to list the home at approximately 106,385.00. While the commission may be paid from the seller, the buyer is paying in terms of a higher cost.

[Aces4]

Originally Posted by defrey12

My wife was an agent for years…the work you’re going to put into doing it yourself rarely yields the financial gains you seek. Statistics actually show that FSBOs sell for less overall and take longer to sell. Why? You are NOT a professional negotiator. That’s what you pay for. There are many ethical players out there. I would suggest you find one if you value your “wits.”

Did your wife, the realtor, go in and clean the house, wash the windows, physically remove items to storage, sweep the garage and prep it, touch up paint if needed and so forth?

If a house is maintained, cleaned and ready, the bulk of the work is done. Take some nice pictures, chose a title company and list. If, as suggested earlier, you can coordinate with an open house nearby and open yours at the same time, do so.

Remove smaller valuables from your home prior to showing whether you are listing with a realtor or by yourself. It is helpful to have two people showing your house vs one realtor. Have a small sign by the door as people enter, “No pictures”. We do allow pictures for the buyer when we have an accepted offer with earnest money.

All of this said, not very one should sell their own home. Excluded people include those with infirmities, a limiting disability and those who know they would not be comfortable or able to manage the details included in the process.

People don’t continue to list their own homes to lose money, it is financially rewarding. Good luck!

[retiredguy123]

Originally Posted by npwalters

Your statement is almost accurate. The OP is saying the house would have been priced higher if they had used an agent. So if the buyer pays more with a realtor involved they are de facto paying for the agent.

In my experience, FSBOs are usually priced higher than agent listed houses. But, they usually end up selling for less. But, asking a buyer to "split the commission" is just wrong because 1. There is no commission on a FSBO, and 2. The commission is a seller fee, not a buyer fee.

[BrianL99]

Originally Posted by toeser

I can't match your number of sales, but I have sold at least 10 properties, all without a broker. All went quite smoothly. I have used just a lawyer, or just a title company for the paperwork. It's not that complicated. I think you are raising unnecessary fears.

Folks hire people to fix their automobile, paint their house, change the faucets in their bathroom sink and fix their broken bones ... yet they're smart enough and competent enough to handle a $400,000 transaction properly, by watching a couple of YouTube videos?

The statistic have shown over & over & over again ... you get less money and more aggravation, by trying to sell property without a professional. It's simply common sense.

[Aces4]

Originally Posted by BrianL99

Folks hire people to fix their automobile, paint their house, change the faucets in their bathroom sink and fix their broken bones ... yet they're smart enough and competent enough to handle a $400,000 transaction properly, by watching a couple of YouTube videos?

The statistic have shown over & over & over again ... you get less money and more aggravation, by trying to sell property without a professional. It's simply common sense.

I couldn’t disagree more. We do our own painting, plumbing repairs, sometimes some of the auto repairs, etc. We only hire workman when beyond our skill set.

I don’t know how those statistics could show “less money” when one literally saves more than 6% on the price of their home!

I would guess those stats are skewed. It’s been found that stats can be manipulated when the studies are tainted to suit the interests of the company or individuals requesting the study.