Comments on: is it better to sell a house on your own or with a real estate broker in this slow market? http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/ Get to know what makes Real Broker a real one Sun, 05 Sep 2010 22:57:23 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: angela R http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/comment-page-1/#comment-4735 angela R Wed, 30 Sep 2009 23:31:09 +0000 http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/#comment-4735 I do FSBO, as an investor, I end up better off....I sell a little lower than market value and sell very fast....It really depends on your market too...I am in a decent market, homes are still selling....Right now I have a property I am going to list, FSBO, you can advertise in your local paper, craigslist, and zillows...One last thing, I always go to open homes, to check out the competition, make sure your home is spotless clean, I mean floors, windows, bathrooms and kitchens....One thing I always notice and turn off any potential buyer is a home that is dirty, you would be surprised how many buyers pick up on this, and get turned off by it, make sure your home is spotless and even consider having a professional stager, stage it for you....Best of luck... I do FSBO, as an investor, I end up better off….I sell a little lower than market value and sell very fast….It really depends on your market too…I am in a decent market, homes are still selling….Right now I have a property I am going to list, FSBO, you can advertise in your local paper, craigslist, and zillows…One last thing, I always go to open homes, to check out the competition, make sure your home is spotless clean, I mean floors, windows, bathrooms and kitchens….One thing I always notice and turn off any potential buyer is a home that is dirty, you would be surprised how many buyers pick up on this, and get turned off by it, make sure your home is spotless and even consider having a professional stager, stage it for you….Best of luck…

]]> By: city girl http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/comment-page-1/#comment-4736 city girl Wed, 30 Sep 2009 23:31:09 +0000 http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/#comment-4736 Use an agent. FSBO's rarely sell. The market all over is bad and if the 2nd agent is slow, is there a way to bring in traffic by advertising? Maybe you need to fix it or it is still over priced for the current market...jessicarussellestates.com Use an agent. FSBO’s rarely sell. The market all over is bad and if the 2nd agent is slow, is there a way to bring in traffic by advertising? Maybe you need to fix it or it is still over priced for the current market…jessicarussellestates.com

]]> By: gofrfkim http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/comment-page-1/#comment-4737 gofrfkim Wed, 30 Sep 2009 23:31:09 +0000 http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/#comment-4737 I would say it depends on what exactly you are doing as a FSBO. You say you got a great response, but nobody would buy it? Why wouldn't they buy it? Did anyone give you reasons? Is your price too high? Are there repairs that need to be made to the home, even if just cosmetic? Have your neighbors sold their homes recently? Are you getting exposure to truly interested buyers, or just looky-loos? I don't what state you are in, but, if you are interested in more assistance as a FSBO, I would be more than happy to help. IM or E-mail me anytime with questions! I would say it depends on what exactly you are doing as a FSBO. You say you got a great response, but nobody would buy it? Why wouldn’t they buy it? Did anyone give you reasons? Is your price too high? Are there repairs that need to be made to the home, even if just cosmetic? Have your neighbors sold their homes recently? Are you getting exposure to truly interested buyers, or just looky-loos? I don’t what state you are in, but, if you are interested in more assistance as a FSBO, I would be more than happy to help. IM or E-mail me anytime with questions!

]]> By: Skip http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/comment-page-1/#comment-4738 Skip Wed, 30 Sep 2009 23:31:09 +0000 http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/#comment-4738 In this market, you might try renting with an option to buy.This will bring you guys with less desirable credit, but you can charge them anywhere from 6-10K as a holding fee and give them 3 years to exercise their option. Make sure that their monthly rent is equal to the mortgage you are currently paying. If they fail to exercise their option then you keep the 6-10K as well as all the rent collected. You simply do the same thing lease with an option again. The renters will feel as if they actually own the place, therefore 99% of the maintenance will be done by them as well as the landscaping and grounds up keep. Depending on how you construct your contract this can be a way out. It will also be a wealth builder for you also. You might add to your contract that a certain percentage of the rent will go toward the down payment. It can be as little as $25.00 or as much as the entire amount. I hope this has been of some use to you, good luck. "FIGHT ON" In this market, you might try renting with an option to buy.This will bring you guys with less desirable credit, but you can charge them anywhere from 6-10K as a holding fee and give them 3 years to exercise their option. Make sure that their monthly rent is equal to the mortgage you are currently paying.

If they fail to exercise their option then you keep the 6-10K as well as all the rent collected. You simply do the same thing lease with an option again.

The renters will feel as if they actually own the place, therefore 99% of the maintenance will be done by them as well as the landscaping and grounds up keep.

Depending on how you construct your contract this can be a way out. It will also be a wealth builder for you also. You might add to your contract that a certain percentage of the rent will go toward the down payment. It can be as little as $25.00 or as much as the entire amount.

I hope this has been of some use to you, good luck.

"FIGHT ON"

]]> By: Janet P http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/comment-page-1/#comment-4739 Janet P Wed, 30 Sep 2009 23:31:09 +0000 http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/#comment-4739 I am an investor, I work with a broker only. I never even think about buying a FSBO. You said, "they make offers". Those offers are likely the value. A house is only worth what someone will give you for it. Since it is so new you have a problem in that the buying can get a brand new house build for the same, or even less then you bought 2.5 years ago. You might try a higher commission to the buyers agent, which will have them pushing it more. I am an investor, I work with a broker only. I never even think about buying a FSBO.

You said, "they make offers". Those offers are likely the value. A house is only worth what someone will give you for it.

Since it is so new you have a problem in that the buying can get a brand new house build for the same, or even less then you bought 2.5 years ago.

You might try a higher commission to the buyers agent, which will have them pushing it more.

]]> By: robertjrussell.com http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/comment-page-1/#comment-4740 robertjrussell.com Wed, 30 Sep 2009 23:31:09 +0000 http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/#comment-4740 Our team ( http://www.robertjrussell.com ) works with Sellers who are either FSBO or Expireds. I do think trying to sell it by yourself is a good idea for some but not for all. The problem is that most people can't show the house during the day when most "real"buyers want to see it. Another problem with selling fsbo is that the seller will tell the buyer too much information - basically over - selling. The main problem is not getting the exposure that you really need to sell a home. We advertise in over 250 websites - that's why our average days on market for listing from 100,000 up to 500,000 are usually sold from 2 - 34 days. My advice - call us - we can help. Our team ( http://www.robertjrussell.com ) works with Sellers who are either FSBO or Expireds. I do think trying to sell it by yourself is a good idea for some but not for all. The problem is that most people can’t show the house during the day when most "real"buyers want to see it. Another problem with selling fsbo is that the seller will tell the buyer too much information – basically over – selling. The main problem is not getting the exposure that you really need to sell a home. We advertise in over 250 websites – that’s why our average days on market for listing from 100,000 up to 500,000 are usually sold from 2 – 34 days. My advice – call us – we can help.

]]> By: Gerald A http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/comment-page-1/#comment-4741 Gerald A Wed, 30 Sep 2009 23:31:09 +0000 http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/#comment-4741 Go to www.equityprotectionadvisors.com and click on the "sell a home" link at the top of the page. Peruse the site and if you are interested in working with me, fill out the homeowner assistance form. There is no cost, no obligation even after you fill out the form. Go to http://www.equityprotectionadvisors.com and click on the "sell a home" link at the top of the page. Peruse the site and if you are interested in working with me, fill out the homeowner assistance form. There is no cost, no obligation even after you fill out the form.

]]> By: lynda l http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/comment-page-1/#comment-4742 lynda l Wed, 30 Sep 2009 23:31:09 +0000 http://real-broker.net/is-it-better-to-sell-a-house-on-your-own-or-with-a-real-estate-broker-in-this-slow-market/#comment-4742 Welcome to the club!!! I know... the situation is driving us crazy but in my case we live in Florida... it's a wait and see situation So far Hurricane/Wind Insurance got some good news but as long as this situation (homeowner property tax reform) persists the market will remain slow. Please do not accept to lower your price again, people got to be informed that with building materials prices nowadays your property is priced properly. Welcome to the club!!! I know… the situation is driving us crazy but in my case we live in Florida… it’s a wait and see situation So far Hurricane/Wind Insurance got some good news but as long as this situation (homeowner property tax reform) persists the market will remain slow. Please do not accept to lower your price again, people got to be informed that with building materials prices nowadays your property is priced properly.

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