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Chris, Home Seller in Mount Royal, NJ

I want to try FSBO. How do I get my house listed on Realtor.com without signing with a listing agent?

Asked by Chris, Mount Royal, NJ Tue Feb 3, 2009

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19
Try Zillow.com. They list for sale by owners on their site and it is becoming more and more popular, along with Trulia. Realtor.com was the first and is still the biggest site but the traffic on trulia nd zillow is growning monthly and together I believe that they are outpacing Realtor.com. Good luck with your listing. Maybe you will be one of the lucky ones. Have you gotten some good info about pricing? If you need some market information, use the link below and sign up for a market snapshot of your area taken from the mls.. You might find that very helpful and it will come to you automatically.

http://www.mlsfinder.com/nj_trend/kerinricci
Web Reference: http://www.keriricci.com
3 votes Thank Flag Link Tue Feb 3, 2009
You have to sign a listing agreement even if its through Forsalebyowner.com, it is a flat fee for listing and then a commision to the selling agent.

http://narblog1.realtors.org/mvtype/speakingofrealestate/200…
2 votes Thank Flag Link Tue Feb 3, 2009
Thank you to everyone for responding to my question. The reason that I don't want to use a listing agent is because I do not want to pay a commission. This is a very difficult market. House prices are way down and we cannot afford to give unreasonable commissions to a listing agent. No offense to anyone but, in my opinion, listing agents are pricing themselves out of the market.

I am willing to pay commission to a buyer's agent, as they will be showing the house. I have purchased and sold several homes (with agent's help) and believe that I understand the process. With the help of a lawyer for the contract and closing and my sister who is a mortgage underwriter, I should be able to get all my questions answered. My husband and I are retired so we have the time to show the house. I can also put together marketing materials that are comparable to what other realtors in my area are using. I will also use rockinblu's blog as a source of information. As for comps, there is a website for our neighborhood that shows which houses are listed and at what price. The website also shows what has sold in the last year.
1 vote Thank Flag Link Wed Feb 4, 2009
chris, check with a local agent...the open listing when entered into your local MLS will port to realtor dot com with all the rest of them.

it will also get the same second rate exposure that realtor dot com gives all of us realtors who do not pay for upgrades. it's quite a racket they have going...we provide all their content to them by way of our paid participation in our local MLS's and they sell us our own listings back if we want them featured nicely.
1 vote Thank Flag Link Wed Feb 4, 2009
Chris,

Good luck with your FSBY initiative. Consider viewing these programs:

http://www.forsalebyowner.com
http://www.craigslist.com
http://www.backpage.com
http://www.hotpads.com
1 vote Thank Flag Link Wed Feb 4, 2009
Chris I am sorry some agents are hostile toward FSBO's while I don't think someone should go FSBO I still wish you the best of luck.
1 vote Thank Flag Link Tue Feb 3, 2009
http://www.owners.com/101/select-listing-package

See the link above, perhaps my confusion is based on this question now being about 4 years old but there are sites that show MLS listings for FSBO customers at a flat fee. So are the answers on here outdated and now inaccurate?
0 votes Thank Flag Link Sat Sep 21, 2013
thanks for the update chris, your experience is not uncommon and shows the benefit of doing some digging and the savings that can be had for those who want to do the sellers agents work on a deal. depending on the facyts surrounding the deal, it is an option for some sellers. as further followup please check in when you close...1 september is a long way off and the pros here will tell you we don't even calculate commissions until the deal closes, especially in this market.

for those in the trade you should be aware of these plans and know that realtor dot com DOES broadcast this FISBO/flat fee sellers home in the same roster as your listing(s). and if the broker that is the listing agent pays for realtor dot com upgrades the flat fee listing gets the same premium placement and enhancements.
0 votes Thank Flag Link Fri Jul 24, 2009
Will not happen, you must be a Realtor® to submit a listing.

What you can do is an open house.
Create a flier with home features, square footage of the lot and living space, along with the asking price.
Put up some sidewalk "A frames" (that go for around $15 to $17) 18x24 inch cardboard signs with arrows pointing to the direction your house is. Place them where there is heavy traffic or main street and place some balloons so they can find your open house.

Talk to your neighbors and tell them if they would like to pick their neighbor. They might know someone that might like to buy your house.

You can go to a local college or university and ask the wed design students how much they will charge you to create a personalized website. Be sure to check some examples of their work.

Have them create a website and post pictures, description and video of your house. With the web address being your home address. And place the web address on a yard signs, Craigslist.com, local papers, penny savers ads magazine and flyers.



Jes Sierra, B.Sc., Realtor®
http://www.hellomynameisjes.com
0 votes Thank Flag Link Fri Jul 24, 2009
I used flatfeelisting.com and sold my house within two weeks. Sellers requested a late settlement date and we are set to close on September 1. Everything worked out great. I would definitely do FSBO again.
0 votes Thank Flag Link Fri Jul 24, 2009
Hi Chris, which level of service did you use from flatfeelistings.com please?
Flag Sat Sep 21, 2013
How about reporting back on the progress you’ve made. Have you made any decisions yet?
0 votes Thank Flag Link Wed Feb 11, 2009
You cannot being a FSBO. You can try Craigslist.com or Postlet.com. Though, there are many advantages of using a Realtor®. Not only do they market your property to prospective Buyers, they market to Buyers agents. There are a lot of complexities and liabilities of trying to sell For Sale By Owner. Hiring a Realtor® to sell your home will actually save you time and money. I know that is hard to believe, though it is true. They screen the buyers to make sure that they are true buyers and are qualified to buy your home, they put it on the local Multiple listing service to make sure that you get the maximum exposure, they pay for all the advertising that goes into marketing your home. I have had many of my clients try to sell For Sale By Owner and they always end up listing their homes and getting them Sold.

I had one that was FSBO and during their Buyers (bogus) inspection, cleaned them out of thousand of dollars worth of jewelry and other items never to be seen again. Earnest money check bounced the day after. There is value in our services. Even if you do find a prospective Buyer, it would be wise to have a Realtor® for a fee, manage and represent you during the transaction. We really do care and work hard for our clients.
0 votes Thank Flag Link Tue Feb 10, 2009
Chris, It sound like you've put a lot of thought into this and worked to inform yourself. I hope you keep using Trulia as a source of info or to share your thoughts. Please let us know how it works out for you so we can learn from your experience.

Wishing you a quick sale, Dunes
0 votes Thank Flag Link Wed Feb 4, 2009
You cannot as a for sale by owner, Realtor.com and the local Multiple Listing Services are for real estate agents and their brokerage companies only. You will need to work with any of the for sale by owner websites out there.
Good luck to you!
Edith YourRealtor4Life
edithsellshomes@gmail.com

PS in this difficult economy and real estate market why would you not want to work with an experience real estate agent to sell your property?
0 votes Thank Flag Link Wed Feb 4, 2009
There are multiple sites that accept FSBO listings; Realtor.com is not one of them. For a list w/links to sites for FSBO postings, go about half way down the homepage of my website. I've included some of the top sites for those homeowners wishing to try it on their own. There's also a link to Postlets there which will automatically post your listing to a dozen other sites and you can also copy the code to make a nice post on Craigslist in your local market.
Web Reference: http://www.MariaTMorton.com
0 votes Thank Flag Link Tue Feb 3, 2009
FSBO sounds great to some people. Is it your desire to cut out an agent and 'save' money. But, how many people try FSBO and say 'never again'? How many go back and look at their net result to see if they really saved anything at all? 100% of the time and effort alone to market your own house has a dollar value. How about professional marketing materials and advertising the home on Realtor.com and so many other sites that Realtors know, but most of the public do not? Strategic marketing plans to maximize interest in the home? Negotiating assistance when you do get an offer? Do you know what fees might be standard for your area and which aren't? How about help with negotiations over any repairs? Troubleshooting in case the sale doesn't go smoothly? Coordinated efforts so you close on time with no delays?

There is more to selling a home than MLS exposure and Realtor.com. The last home I sold was directly related to marketing the home on Trulia.com according to the buyer's agent. Listing agents know that selling a home is like fishing...you have to have a lot of lines in the water to get a 'bite'.
Web Reference: http://www.rondaallen.net
0 votes Thank Flag Link Tue Feb 3, 2009
I have researched this before the only problem is that when you list it this way your local MLS might not post it. The listing might be posted through an mls in AZ. You also must pay extra for the premium listing which means at the regular price your phone # will not be listed.

This is the reason I don't use realtor.com. I feel that I am paying for my dues and an mls fee why should I pay to have my phone # on it. Trulia doesn't charge me extra and I haven't given them a dime.
0 votes Thank Flag Link Tue Feb 3, 2009
There are some flat rate brokers that will do it for you. Just remember that often you get what you pay for.
Web Reference: http://www.RemoRealty.com
0 votes Thank Flag Link Tue Feb 3, 2009
I am quite certain that you are not allowed to list your home on Realtor.com because it is an NAR (National Association of Realtors) sanctioned website; created by Realtors for Realtors.
My question to you would be, why don't you want to list with a listing agent? As you can see, and Realtor.com is not the only site, Realtors have the availability of many sites and marketing products that can ensure a quick sale to your home, work in negotiation with the buyer's agent and much more.
Keep the discussion going behind your reasoning for not wanting a Realtor and maybe we can assist you with options that may or may not include having a Realtor sell your home; some Realtors, including myself, often assist For Sale By Owners with the sale of their home...let me know if I can help you out or at least provide a referral for you.
0 votes Thank Flag Link Tue Feb 3, 2009
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