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The Library => Haley Center Basement => Topic started by: Townhallsavoy on June 19, 2012, 12:11:34 PM

Title: For Sale By Owner
Post by: Townhallsavoy on June 19, 2012, 12:11:34 PM
Anyone ever sold a home on your own before? 

I'm needing some help because there's no way we can afford a 6% commission to sell right now. 
Title: Re: For Sale By Owner
Post by: Buzz Killington on June 19, 2012, 12:37:06 PM
Quote from: Townhallsavoy on June 19, 2012, 12:11:34 PM
Anyone ever sold a home on your own before? 

I'm needing some help because there's no way we can afford a 6% commission to sell right now.

We did about 12 years ago, but we had a good friend that was a Realtor and relied on her assistance to get through a few areas.
Title: Re: For Sale By Owner
Post by: Townhallsavoy on June 19, 2012, 12:46:29 PM
What areas? 
Title: Re: For Sale By Owner
Post by: AWK on June 19, 2012, 12:48:31 PM
Quote from: Townhallsavoy on June 19, 2012, 12:46:29 PM
What areas?
The hard ones.
Title: Re: For Sale By Owner
Post by: Ogre on June 19, 2012, 12:50:45 PM
We tried to do it and it sucked.  You have to work hard at it.  After 6 months we decided to bite the bullet and list with a realtor. 

Want to move to Hoover?  I know where you can get a great deal on a house. 
Title: Re: For Sale By Owner
Post by: Buzz Killington on June 19, 2012, 12:50:57 PM
Quote from: Townhallsavoy on June 19, 2012, 12:46:29 PM
What areas?

She helped us find potential buyers, then with the paperwork necessary for the appraisals, and the selling process. 
Title: Re: For Sale By Owner
Post by: GH2001 on June 19, 2012, 02:47:40 PM
Quote from: Ogre on June 19, 2012, 12:50:45 PM
We tried to do it and it sucked.  You have to work hard at it.  After 6 months we decided to bite the bullet and list with a realtor. 

Want to move to Hoover?  I know where you can get a great deal on a house.

Did the same thing 5 years ago. And that was before the market got bad.
Title: Re: For Sale By Owner
Post by: dallaswareagle on June 19, 2012, 03:02:39 PM
Quote from: Townhallsavoy on June 19, 2012, 12:11:34 PM
Anyone ever sold a home on your own before? 

I'm needing some help because there's no way we can afford a 6% commission to sell right now.

My mom was in real estate before moving on, she always said to ask the real estate folks to do 4% and you will buy from them also ( This depending on your situation) 
Title: Re: For Sale By Owner
Post by: wesfau2 on June 19, 2012, 07:39:46 PM
Quote from: dallaswareagle on June 19, 2012, 03:02:39 PM
My mom was in real estate before moving on, she always said to ask the real estate folks to do 4% and you will buy from them also ( This depending on your situation)

The commission is definitely negotiable.

I don't know the law in AL, but in FL the realtor is prohibited from dictating a percentage.

It's worth having a realtor just to deal with the showings (mid-day, most times), in my opinion.