Selling Your Home

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Old Aug 30, 2006 | 11:03 AM
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Selling Your Home

Looking for any advice from anybody that has sold there home. Going the FSBO route.


Any help would be great.
 
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Old Aug 30, 2006 | 11:52 AM
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From: Your moms house
Originally Posted by jdoggfx4
Looking for any advice from anybody that has sold there home. Going the FSBO route.


Any help would be great.

I'm selling mine now. Well, it's on the market anyway. DETAILS

I had a lady look at it yesterday....this is the first time I have sold a house, so I have no valuable input. sorry....
 
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Old Aug 30, 2006 | 11:58 AM
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From: the moral high ground
jamz, your house would list for $282,000 around here.
 
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Old Aug 30, 2006 | 12:02 PM
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From: Your moms house
Originally Posted by Raoul
jamz, your house would list for $282,000 around here.

Figures.

The Athens area is not doing so well, as far as real estate goes. I just want it to sell so I can get my money and move. I should get about $10,000 to put in my pocket.

I am looking for a place out in the country. I also want a room like yours.
 
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Old Aug 30, 2006 | 12:04 PM
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Originally Posted by Raoul
jamz, your house would list for $282,000 around here.

Raoul, you beat me to it. I was getting ready to say the same thing. 2200sf for 82K......wow! Not on your life here. Our house runs 1450sf for 215K.
 
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Old Aug 30, 2006 | 12:07 PM
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I just finished selling mine. Unless your in an area that has rapidly selling houses I'd probably go with one of the various discount brokers. I used Assist-To-Sell, but there are many others. The discounters offer essentially the same service as the full priced brokers. They can put it on MLS for you or just thier own website. With Assist-To-Sell I had to pay the agent commission before the house sold if I wanted it on MLS. They showed the house and did all of the paperwork. The bad part is if an agent from another office showed the house I had to pay thier commission also. So if it was a fee only agent I had to pay thier fee. If it was a full priced agent I had to pay thier 2.5% commission. In my case a full priced agent showed my house and I had to pay thier commission. I still saved a few thousand off the full priced broker.

I did have to do my own open houses. My buyer didn't come from the open house he drove by ans saw it on the market. This was my fourth house and this was the first time I used a discount broker, and was the first time I had open houses. They weren't all that bad. The other bad part is some of the full service agents told thier client that I would come way down, because I was using a discount broker. The bozo clients believed them instead of doing thier homework. If they would have done a simple check on Realtor.com they would have seen I was the cheapest house in the neighborhood and had already passed some of the saving on. I had my closest competitor beat by $10,000.
 
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Old Aug 30, 2006 | 12:35 PM
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From: Somewhere in the EU
Originally Posted by Raoul
jamz, your house would list for $282,000 around here.
You don't want to know what it would list for in Lost Angeles.
 
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Old Aug 30, 2006 | 12:40 PM
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From: Your moms house
Originally Posted by kobiashi
You don't want to know what it would list for in Lost Angeles.

Your right...I don't....well, I don't anyway.
 
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Old Aug 30, 2006 | 12:42 PM
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Originally Posted by kobiashi
You don't want to know what it would list for in Lost Angeles.
I do not understand how people buy homes out there.
 
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Old Aug 30, 2006 | 12:50 PM
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From: the moral high ground
(jdoggfx4 has smoke coming out his ears right about now)

I have always used a realtor.
I also take my truck to the dealer for maintenance so that's two strikes against me.

The market around here has been fierce the past couple of years and I know of two FSBO deals that got burned. They had no idea how crazy the market was and lost (tens) of thousands.

Do your homework in setting your list price, you can always come down.
 
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Old Aug 30, 2006 | 12:55 PM
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From: Your moms house
Originally Posted by Raoul
(jdoggfx4 has smoke coming out his ears right about now)

True statement.....Sorry, Jdogg. :o
 
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Old Aug 30, 2006 | 01:25 PM
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From: Somewhere in the EU
Originally Posted by bluejay432000
I do not understand how people buy homes out there.
Neither do I. And I live here. (But don't own at the moment).
 
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Old Aug 30, 2006 | 01:57 PM
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the dirty little secrets about assist to sale is that most realators wont or dont show them. in houston i am seeing more and more what i call "power agents" people that sale alot of homes in a specific area, they specialize in that area and most work with the buyer and seller so they get the full 6% commision. they will typically move a house much faster than the normal agents but ther sale prices are lower. if you need to move quickley or if you have already purchased the next house and dont want double payments, i suggest going with a specialist in your area.

no matter the asking price every one assumes a FSBO or a discount firm will sale at a lower price.

as 1depd pointed out, unless it is a hot area, i would get help or hire an agent. if you will be buying another home perhaps you could negotiate a deal to get a discount on sale of one and the purchase of another.
 
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Old Aug 30, 2006 | 02:14 PM
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Thanks for the replys so far .

I live in an area that has gone up a little in price since I purchased. I could use a full service realtor that will give me a break on commission but then when I buy my new house I have to use them again. Which is not a bad deal but I figured I would try to sell it myself first. The only thing that I have going for me is that there is a lot of new home construction in my area and the house are priced well above mine. Some of the new ones they are building area a lot bigger and other are about the same. Any other info would be great and thanks to everyone that has responded so far. I put a ad on craigslist just to see if I get any bits. Here's the link.

Thanks again


http://raleigh.craigslist.org/rfs/200819306.html
 
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Old Aug 30, 2006 | 02:18 PM
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From: the moral high ground
Originally Posted by jdoggfx4
... there is a lot of new home construction in my area and the house are priced well above mine....
That is what I meant in my earlier post.
New houses and old houses don't equate like new cars and old cars.

A coat of paint and the difference between yours and a new one is,
you have an established lawn.
 
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