I hope this helps.
I have attached a MUCH better deal, for the SAME price.
Realtors also do not handle "legal" matters, they will simply refer you to a real estate atty.
Here is what you need to do:
1. Gather data from local home sales (public info).
2. Look a comps around you.
3. List your house close to these comps.
4. Get a real estate atty.
5. Stage your home if you so desire.
6. Have a marketing plan and stick to it.
This is what a realtor does for you. You have to make the choice if it's worth 17,400 to you to pay for it or do it yourself.
Again, I agree that FSBO, regardless of the site you use, is work for the buyer. I think the key is to be organized, have a marketing plan and budget established before you begin, read everything and find a real estate attorney you can trust to handle the transaction. Don't expect any flat-fee/FSBO site will do any more than what they say. Good luck and prayers for a quick sale go out to you!
I have spoken with a few folks who have tried this as a means to sell their home. The most important thing to keep in mind is how much of your own time are you willing to put into selling your home?
Professional real estate agents work with a tremendous network of buyers. This shifting market has brought about better and more enhanced services for clients. I am seeing more and more agents spending time in getting their buyer clients pre-approved rather than pre-qualified in an effort to create smoother and more efficient transactions between sellers and buyers.
I've spoken to many FSBOs and the majority feedback is not positive. Selling a home can be an emotional undertaking for people and their families. Managing all that is needed to successfully sell a home cuts into their family time and affects their schedules at home and work. Safety has also been pointed out and is the #1 concern. Agents screen their clients carefully and have supporting documentation and other information on file about their clients. Many agents and their companies have built-in tracking programs used during the showing process so you know who is coming and going from your home. The agent's safety and the safety of their clients during the selling period is of the highest importance. The services offered by professional agents go WELL beyond typing a property into a MLS listing or placing a flyer box in your front yard and lock box on a door. We do not soley depend on an MLS listings to bring in buyers. The MLS is one tool used. There is far more involved in selling a home and bringing a deal to the closing table. Please do not allow yourself to be mislead because selling a home is serious business and may bring about some complex and unforeseeen situations.
You have the opportunity to interview and choose your ideal agent and the services are very personalized. A good agent will provide you with the best and highest quality advertising while using expertise in locating a buyer. There are many marketing options that penetrate the market very well from the web to printed materials. Networking is a vital part of the plan and works well.
With other companies offering partial services they do get paid and upfront before starting the process. If a home sales or not they get a pay check. I think the concept of an upfront fee would be in order for real estate professionals as well. I have never heard a consumer offering to pay an agent for their services, time an effort if their home does not sell. Marketing efforts are very expensive and may cost the agent hundreds of dollars.
Art, speaking of costs and looking at the whole picture, the money involved in a real estate transaction can be staggering. Mortgage broker and Lender fees (3%-10%+), attorney fees (1%-5%), third party fees (2%-6%). I assure you these additional third parties are looking out for their best interest and not the consumers. Are these industries on the verge of great change to benefit the consumers?
I don't think I've seen a disinterested third party study relating to these industries?
ps I sold the home in 63 days and the sellers were happy to have someone take over all the work.
I sold my house through Centruy21 Clickit in 2007. My experience was very positive. I selected a package that as I recall was less than $600 and included all of the pictures I needed. The person I was in contact with was down state (NY) closer to the Albany area. We communicated entirely by email and phone. They provided the contracts but you are responsible for having your attorney review all of your documents. What you really get is all of the signage, open house signs and a phone number that routes to your own phone number. You show your house yourself and make all appointments. You are also responsible for making up the detail sheets to hand out at showings. You should also make up sign in sheets and have them signed. There are some things to consider as you will be responsible for pricing your own house. You may wish to interview several Realtors to get some idea of price. I did that and found that all Realtors I interviewed under priced my house by $20,000 I did my own extensive valuation and apparently did something right as I sold my house in three weeks for the price I had researched and $20,00 above what I was told I would get. I also did extensive work like roof repairs (partial replacement) staging and carpet replacement before I began showing my house. I totally depersonalized the house making it appealing to as many buyers as possible. What you get is MLS and I think it s really worth it, but not for those who need a lot of hand holding.
Lori Sunshine Harrow Click4MLS.com
In 2008, 13% of all FSBO properties sold were true Owner Sales
In the same year, 84% were assisted by a REALTOR.
Of the 13% that sold, nearly half were sold to people the owner already knew. Over half of sales were to strangers.
The average sales price of a home sold with the assistance of a REALTOR was 2.9% higher than the average sales price of homes sold without the assistance of a REALTOR.
So while it may be difficult selling a home unassisted can happen (or using a company such as Click-It), two thirds of home sellers found it to be a difficult undertaking. Some of the things that owners found most difficult were:
13% - Selling within the length of time planned. (Most went way over their allotted times)
12% - Pricing the home correctly
10% - Understanding the paperwork
And these are from those who were successful. In case you are wondering where these statistics came from, they were compiled by the National Association of REALTORS, our "exclusive" club where we voluntarily subject ourselves to the highest professional standards and ethics in representing individuals who desire and need our assistance. And for those who choose to undergo the home sales process alone, we bear no grudge or malice, and will most likely give free advice with no strings attached if asked.
I recently had the opportunity to meet a homeowner in the neighborhood where I bought just last year. I spoke with them about listing there home and what they could expect to net on their sale. They told me they had always done the FSBO in the past and it worked well for them. My reply was great! But things have changed. Real Estate today is more about advising than product based sells. The days of riding around to find your next home is gone, it's now the internet highway that people are driving down. Once they find a home, they still need the advice of a professional. Often, interested parties are going to call the number on the listing, whoever it is, unless it is the owner. The owner becomes their opponent in this negotiation, if they pursue your home at all.
Yet I understand why some people want to try and do things on their own, SAVE MONEY! I get it! I offer the opportunity to get professional assistance on the sale and purchase of your home if I handle both transactions. in essence, the seller of the home you buy carries the bulk of the fees paid to my firm, yet you still get FULL SERVICE on the sale of your home. i would love to speak further with you, and if this is of interest to you can reach me through my Trulia profile or the website below.
Actually, no. You're dealing with a small company in Georgia that hires A (A as in ONE) licensed Realtor in other MLS areas so they can get listings on the MLS. The agent does nothing but input your house in the MLS. Each Century21 office is independantly owned and operated. So it is only as good as the owner of that particular franchise office. We have a very strong Century 21 agency in my area. However, it is no different from listing with any other small local agency, but this one that has a recognizable franchise name.
I have a couple of suggestions.
First, if you want a professional assessment of your situation, then you need to consult with a Realtor that knows three things:
1. Your home
2. Your personal situation (when you are moving, how much you need to net...etc.
3. the local market and trends.
Even if you think that selling without professional representation is the way to go, sit down and talk with three Realtors anyway. Then you'll have some options, then do what is in your best interest.
86% of home sellers list with a Realtor, 5% sell to someone they know, 5% to someone they do not know. Realtors average selling properties for 16% more than owners on their own.,
A Realtor is the way to go. Should you need a good Realtor, or should you need help in finding a great realtor in your area, I can help you. Through the Coldwell Banker International network, I can help find the best qualified Realtor in your area to help you with your real estate needs. Please feel free to contact me. http://www.bradburyteam.com 215-536-6777 x 329 Don BRadbury