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For Sale By Owner question

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HillW9608
Hello Summer!

Member since 5/08

5916 total posts

Name:
Hill

For Sale By Owner question

So we did this last year but ended up taking down the sign because they timing wasnt right. We want to put it up again because we need to see the offers that we're going to get.. and see if we can get close to what we want.

Do you think we should just use a realtor? BIL works for one so it would be about 2%.. but he thinks we should just do it ourselves. I hated taking all the phone calls of random people Chat Icon

Posted 9/22/08 1:15 PM
 
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LiveAgain
Listen close....

Member since 8/07

3545 total posts

Name:

Re: For Sale By Owner question

Well if you have a number in your head for what you would like to sell for it doesn't hurt to put the sign up and see what kind of calls roll in.

If you think it's too much or your getting calls from crazies or people who aren't serious about buying then I would see what BIL could do for you.

Good Luck

Chat Icon Chat Icon Chat Icon

ETA: Have you had BIL come by to do a walk through and give you an estimate at what he would list the house for?

Message edited 9/22/2008 2:05:58 PM.

Posted 9/22/08 2:05 PM
 

HillW9608
Hello Summer!

Member since 5/08

5916 total posts

Name:
Hill

Re: For Sale By Owner question

Well we recently had a drive by appraisal done and have that number. And I've also been doing a little research as to what the homes in my area have sold for this past year.

We know what we want to start at, and then if there are no calls for a while I guess we'll know to drop it a little.

Posted 9/22/08 2:18 PM
 

LiveAgain
Listen close....

Member since 8/07

3545 total posts

Name:

Re: For Sale By Owner question

Hill I would have BIL stop by one day to give you his take or even just give him a call since I'm sure he knows what the place looks like Chat Icon Chat Icon

DH and I have been thinking about selling and I did some research on the computer to get an idea of what we possibly could list at and we also had a realtor come buy and give his take.

What he told us to list at was RIDICULOUS, I almost fell off my chair because it was so low. But his reasoning behind it was to generate 'traffic' then 'hopefully' have a bidding war start to bring us up to what we wanted. Chat Icon Chat Icon

Posted 9/22/08 2:26 PM
 

Kelly9904
Mommy to 2 amazing little boys

Member since 5/05

9306 total posts

Name:
Kelly

Re: For Sale By Owner question

Message edited 1/30/2009 3:06:24 PM.

Posted 9/22/08 3:54 PM
 

Kelly9904
Mommy to 2 amazing little boys

Member since 5/05

9306 total posts

Name:
Kelly

Re: For Sale By Owner question

Message edited 1/30/2009 3:05:53 PM.

Posted 9/22/08 3:55 PM
 

MommyofG
just the girls

Member since 5/05

9461 total posts

Name:
Janice

Re: For Sale By Owner question

we tried it, with a sign, website, and advertising and it didnt work. so we are signed up with a realtor. this market is very very hard to sell in and you really need the networking the rea's can provide.
best of luck to you.

Posted 9/22/08 10:00 PM
 

HillW9608
Hello Summer!

Member since 5/08

5916 total posts

Name:
Hill

Re: For Sale By Owner question

Posted by Kelly9904

I say give it a try! We bought our current house FSBO in Late 2006. They put it up had 2 open houses in the same weekend and had 2 offers. IT was such an easy transaction all around.

I wish I had done this when we sold our house. The person who bought it was driving by and saw the sign, came and knocked on my door. I would have saved about $15K if I had a FSBO sign instead!!!



Ok so that gives me a little more hope.

Thanks.. and if doesnt work then we'll just have my BIL put it up with his company. Chat Icon

Posted 9/22/08 10:07 PM
 
 

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