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Old 08-20-2007, 04:12 AM
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Exclamation By owner vs realtor

I’m trying to avoid the high commission by thinking I could do this myself. Is it difficult? Like I mentioned in my introduction, I have some forms needed provided by the title agency, and I have an attorney that handled the sale of my dad’s house. But this is all greek to me.

Shouldn’t it just be easy to put a sign in your yard, spend a few bucks on one of those ‘for sale by owner’ internet ads, have a few open houses, accept an offer, and have the attorney & title company handle it from there?

Or am I missing something here…like some kind of hidden jargon that’s going to jump out at me and cost me big bucks at closing. Is doing it this way mean I have to have a large amount of cash up front for costs of some kind or can those be deducted from what monies I would be receiving?

Is it OK to limit perspective buyers to those who have already been approved for a loan…so as to cut down on the ‘looky loos’. Is it a good idea? Better yet…is it legal?

If I get an offer I can live with, should I have the attorney fill out the paperwork or do I do that?

Is the fact that I’m stressing out about this an indication that I should just go with a realtor, pay the commission….and not have the headaches? I just want some honest advice as to which method has the most pro’s and least amount of con’s.

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Old 06-27-2011, 02:12 PM
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The right realtor is worth paying. The wrong realtor will cost you. The key is finding the best one for your situation. Real estate agents that are experienced and successful help properties for what the market will bear.

Last edited by S&B : 06-27-2011 at 02:16 PM.
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