What is the best route to take to sell a house (realtor,website?)?
I don’t want it to be on the market forever but I also think Agents are a rip. They take 10 thousand dollars to do very little work.
I know that buyer agents have access to some kind of list of for sale by owner homes. Should we just list it for sale and let buyer agents do the work for only one commission? Should we get our own seller agent?
I’ve heard of "flat rate" sellers. Not sure what that is.
It is a fact that FSBO (For Sale By Owner) properties do not sell as quickly or as smoothly as those done by a realtor. Also, realtors do not have a list of FSBO properties because there is no centralized database of them whereas MLS is centralized and can be accessed by realtors in the board (and affiliated boards) and is also released to the public in a public format. You are more than welcome to try selling it FSBO, but most people who go that route end up going with an agent anyway.
Yes there are flat rate realtors out there. Essentially you pay them to just post it on MLS for exposure while you do your own open houses and they don’t do any other type of advertisement (besides MLS and posting it on their website perhaps). Personally I think sellers shouldn’t involve themselves with the process (ie: open houses, showings) because it is too personal. Sellers always think their home is the best and can’t be improved upon, that it’s worth top dollar and nothing more etc which actually stifles the process and can make it incredibly awkward on potential buyers. There are also discount brokers that only charge 0.5% to 1% of the total sale price, but they do do the open houses etc.
January 20th, 2012 at 1:31 am
It is a fact that FSBO (For Sale By Owner) properties do not sell as quickly or as smoothly as those done by a realtor. Also, realtors do not have a list of FSBO properties because there is no centralized database of them whereas MLS is centralized and can be accessed by realtors in the board (and affiliated boards) and is also released to the public in a public format. You are more than welcome to try selling it FSBO, but most people who go that route end up going with an agent anyway.
Yes there are flat rate realtors out there. Essentially you pay them to just post it on MLS for exposure while you do your own open houses and they don’t do any other type of advertisement (besides MLS and posting it on their website perhaps). Personally I think sellers shouldn’t involve themselves with the process (ie: open houses, showings) because it is too personal. Sellers always think their home is the best and can’t be improved upon, that it’s worth top dollar and nothing more etc which actually stifles the process and can make it incredibly awkward on potential buyers. There are also discount brokers that only charge 0.5% to 1% of the total sale price, but they do do the open houses etc.
References :
realtor