Selling for sale by owner vs realtor

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  #61  
Old 04-03-2022, 08:52 AM
Marathon Man Marathon Man is offline
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Originally Posted by Bonanza View Post
The Villages does not employ Realtors. The Villages only have sales agents. They are not a member of the local Assn. of Realtors and do not abide to the Code of Ethics as set by the National Association of Realtors.
I'll ask this question again.

In any of the thousands of homes sales completed by Properties of The Villages, has a problem occurred because the sales agent was not a member of the local Assn. of Realtors?
  #62  
Old 04-03-2022, 09:48 AM
SusanStCatherine SusanStCatherine is offline
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It's a hot sellers market. Definitely should be able to sell yourself. I had a buyer for my house so I asked a realtor what he would charge and got his services looking out for us for a flat fee of $2500. Buyers often have agents and you may need to pay their approximate 2% which we did. We avoided a for sale sign in front of our house and people traipsing through. We also got our personal asking price which was slightly higher than what our realtor recommended. Good luck!
  #63  
Old 04-03-2022, 02:14 PM
newgirl newgirl is offline
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Default Do not use this company !

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Originally Posted by retiredguy123 View Post
You will still need a title company to handle the paperwork, hold the earnest money, and prepare and record the deed. Tri-County Title is one company that will provide you with a free FSBO package. Other companies will too. Before you start to show the house, you need a sales contract, which is part of the FSBO package. You and the buyer can sign the contract, and the buyer can make out an earnest money check directly to the title company. I have seen people try to sell their house, but when they find a willing buyer, they don't have the necessary sales contract paperwork to formalize the deal, or a company to accept the earnest money, and the deal falls through.
Do not use this company! I bought mine by owner confident that things would be easy, straight up deal being I sold realestate for 20 yrs ( supported 3 kids and a big house) and I did all the paperwork needed.
The title company was beyond incompetent! First , they got upset that I had the paperwork done( we were told in no uncertain terms we cost them over $500 by doing it ourselves) then , the paperwork they did was totally wrong in many areas. #1-They refused to let me see the title policy prior to close ( had I been in Mi.this would never had happened) they said that they never let buyers read prior( insane, legal ? Not sure..),#2 the numbers were totally wrong and we tried to tell her to fix it but she refused, seller wrote a check at the table for the correct numbers , I would not have closed it at all there that day if I did not respect the seller and know it would harm him had it not happened that day.#3 I have never worked with a title company that did not call the local assessors office to confirm homestead ect numbers, THEY did not even do this!!! My seller had only bought my house 6 months prior and had yet to recieve a tax bill, so assumed since he closed on it Jan 1, that it was homesteaded( yep, they had done his prior closing) NOPE! It was non homestead and cost me $600 more for this mistake( seller again wrote me a check) . WHEN I found this out and called them, in Mi. if the title company misses something or the numbers are incorrect, they bring both parties in and work it out..but never have I seen a title company( again,20 yrs in business, thousands of closed deals) be incorrect on homestead issues.
#4 I have never ever dealt with the rudeness that was shown to both seller and myself. The lady should not be in a public job!
Did I forget, I ask that my house go in my trust name( had copy of trust with me) ,they refused saying if I wanted that then they would need 4 weeks to close ( cash deal, again ,outside title, all paperwork was done) knowing the seller had a closing with The Villages later same day and it would cost him $$$$$ if he did not close on time( so of course, I did not put it in trust at that time)
Just a warning! If u use them, pay a lawyer to over see and make sure you hire a realestate lawyer. Not all lawyers understand realestate law( most I have sold homes to needed educated on thier sale or purchase) just as you hire the right doctor to do your surgery, even though it is legal for a foot surgeon to do plastic surgery.
  #64  
Old 04-03-2022, 05:42 PM
JMintzer JMintzer is offline
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Originally Posted by newgirl View Post
...just as you hire the right doctor to do your surgery, even though it is legal for a foot surgeon to do plastic surgery.
It is??? Who knew? I'm gonna' start doing boob jobs!
  #65  
Old 04-03-2022, 05:46 PM
Robbb Robbb is offline
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I've been in the market for a home in the Villages for some time, I stopped looking at homes for sale by owner because I never saw one that was not totally overpriced. Seems as though we all have a dramatically overvalued sense of our homes worth.
  #66  
Old 04-03-2022, 05:55 PM
retiredguy123 retiredguy123 is offline
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I've been in the market for a home in the Villages for some time, I stopped looking at homes for sale by owner because I never saw one that was not totally overpriced. Seems as though we all have a dramatically overvalued sense of our homes worth.
I agree, but it also seems to apply to pre-owned houses in general. New houses are a better bargain. People selling a pre-owned house seem to think that they should get 100 percent of the cost of any upgrades they made to the house.
  #67  
Old 04-03-2022, 06:38 PM
Stu from NYC Stu from NYC is offline
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Originally Posted by retiredguy123 View Post
I agree, but it also seems to apply to pre-owned houses in general. New houses are a better bargain. People selling a pre-owned house seem to think that they should get 100 percent of the cost of any upgrades they made to the house.
Be that as it may but resale houses are going to contract faster than we have ever seen.

Amazing how much appreciation we have in our house but since we have no plans to sell does not really matter.
  #68  
Old 04-03-2022, 06:56 PM
melpetezrinski melpetezrinski is offline
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Originally Posted by Robbb View Post
I've been in the market for a home in the Villages for some time, I stopped looking at homes for sale by owner because I never saw one that was not totally overpriced. Seems as though we all have a dramatically overvalued sense of our homes worth.
What type of house? I'm selling my patio villa in a few days. It is located between the 6's and will be less than $290k. It will be turnkey and with a golf cart included. In this market, I guarantee most people will say it is NOT "dramatically overvalued".
  #69  
Old 04-03-2022, 07:01 PM
Babubhat Babubhat is offline
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Watch the recent Reality executives video. Market is slowing down except for sub 400k homes. Interest rate increases affecting the market and too many overpriced homes. Wait for Richmond and get new .
  #70  
Old 04-03-2022, 08:37 PM
Stu from NYC Stu from NYC is offline
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Originally Posted by Babubhat View Post
Watch the recent Reality executives video. Market is slowing down except for sub 400k homes. Interest rate increases affecting the market and too many overpriced homes. Wait for Richmond and get new .
What makes you think the market is already slowing down?
  #71  
Old 04-04-2022, 07:34 AM
Skunky1 Skunky1 is offline
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The Villages agents are not Realtors!
  #72  
Old 04-04-2022, 09:31 AM
JMintzer JMintzer is offline
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Originally Posted by Skunky1 View Post
The Villages agents are not Realtors!
You sure about that?
  #73  
Old 04-04-2022, 12:14 PM
Marathon Man Marathon Man is offline
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Originally Posted by Skunky1 View Post
The Villages agents are not Realtors!
I'm still waiting for someone to tell a story of something bad happening because sales agents at Properties of The Villages "are not realtors". Thousands of homes sold through them. No issues.
  #74  
Old 04-04-2022, 12:26 PM
retiredguy123 retiredguy123 is offline
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Last edited by retiredguy123; 04-04-2022 at 01:09 PM.
  #75  
Old 04-04-2022, 12:34 PM
manaboutown manaboutown is offline
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I did did a search of Realtors in The Villages and here are the results. Find Realtors & Real Estate Agents in The Villages, FL | realtor.com(R)
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