Selling house without realtor

Just sold mine last month without realtor. I used Houzeo. Pretty straight forward and asks for all required information. Then gets an MLS listing and it goes on all the popular sites. Realtor, Zillow, Redfin, Trulia etc. Customer service wasn't the best, and most realtors that called for showings were confused. But ended up costing me $395

I bought the house 5 years ago and the house had 8 offers in 1 day, mine was accepted and I asked original selling price. I brought the family to look at the house and the couple fell in love with my kids so they accepted our offer. We made some upgrades and we are in a pretty desirable location in Acadiana with 3 acres and a newly built barn. I don't think (I could be wrong) we will have a problem selling quick.

My only caution is with the selling price.

I bought a house way under market value from a couple that "had done their own appraisal."

She would have made more money if she paid a realtor and had it priced right.

Do it yourself.

List it on your local FSBO site. (in BR, it's FSBOBR) for a small fee. All the required forms are on the site.

List it fairly, be prepared to give a buyer's agent a small fee, like 2% or so.

If you're lucky, your buyer will be an adult and be able to do their part without an agent, so no fees for either party lining some agent's pockets.

Come back to this board or the MoneyTalk board with questions. Reality is, the lending mortgage company and title company isn't going to let anything go wrong that an agent wouldn't have.

Good luck with your sale!

If you are not in a rush to sell, ask more than you think. The real estate market is booming and you could miss out on an extra 25K.

My simple POV is that if you list the house and get numerous offers above ask days after listing…

1) You are probably not listing the house high enough
2) Agency conflicts are immense…a realtor gets paid off closing the deal. Then getting you a marginal $10K isn’t worth their time if the house sits. They need to drive transactions while you are focused on highest net.

I will probably use some kind of agent whenever the time comes but I’ll negotiate rates or search for an org that does it fixed fee.

I just sold my house, and bought another and the whole event soured me on real estate agents so badly. The agents I dealt with were completely worthless and provided me no value or insight whatsoever. This is both the agents selling my house and selling the house I bought. If you use an agent, choose wisely.

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I just sold my house, and bought another and the whole event soured me on real estate agents so badly. The agents I dealt with were completely worthless and provided me no value or insight whatsoever. This is both the agents selling my house and selling the house I bought. If you use an agent, choose wisely.

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In my experience, the agents have consistently been the delay or obstacle in the transaction.

Last I recall was a 3 party closing; everyone was there waiting for the agent. The only person actually getting paid to be there, was the last to show.

This is the epitome of most real estate agents.

And like someone noted above, they're priority is closing a sale. That's how they make a commission. Earning the seller a few more thousand only puts a few pennies in their pocket, so they will always be motivated for the seller to take less, just to close it. And the buyers agent will do their best to push the buyer up, just to close it. Always keep this in mind should you be forced to have a conversation with them.

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so they will always be motivated for the seller to take less, just to close it

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this is what our realtor did, pushed to take what we thought was not a good offer just to get the sale closed. that sale ultimately fell through and we took another, better offer. She still made no effort to try to negotiate that offer though, we had to force her into counter offers.

Or smart people