Question Details

Karen, Other/Just Looking in 23455

Can I list my For Sale By Owner home on this site? If yes, then how?

Asked by Karen, 23455 Tue Jun 5, 2007

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5
Trulie is designed for properties that are listed with a Realtor.
0 votes Thank Flag Link Fri Aug 10, 2007
Pam Winterba…, Real Estate Pro in Danville, VA
MVP'08
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I actually have an answer to For Sale by Owners to inflame more interest in your listing. Offer a 4% commisiion to co-operating Brokers. This way it is an open listing to all the Brokers and Realtors and the Brokers will push your listing over others because they receive 1% more from you than they would get from a listing shared with another broker where they usually share 6% Commission on a 50-50 basis. You of course have the cost of advertising.
0 votes Thank Flag Link Tue Jun 12, 2007
if you dont get all the money you are asking for or carrying a note or trust deed i can get you your money
0 votes Thank Flag Link Tue Jun 12, 2007
HI Karen
Yes, you can.

There is a new site, http://www.postlets.com. Trulia picks up these listings, anyone can post properties (and other things), for sale.

Karen, I don't know Virginia Beach, so maybe things are different. Just a couple of things for you to consider:
1. The reason you want to sell your property yourself is to save the cost of commission, right? What would you think if you knew that even after saving the cost of commission, you would actually stand a very good chance of putting fewer dollars in your pocket at the end of the transaction? The National Association of REALTORS performs annual polls and owners selling them selves net an average of 93% less than Realtors that sell homes. 7% is a lot of money to risk, isn't it?

2. When you buy your next home, are you planning to use a Realtor? Why is that? Because we are paid by the seller, and so for the buyer we work for "free", right?

3. Why do you want an agent to represent you? You'd like a strong negotiator to make sure that you don't pay too much and get a good a deal as possible, right?

4. So, what are the benefits of selling your home without representation? Assuming you are "cooperating with brokers" and the buyer has an agent, who is going to represent your interests?

Over 90% of Unrepresented Sellers end up having to list their home with an agent. I don't know the particulars of your sale (have to sell, want to sell, need to sell, timetable, etc.).

I strongly advise you to do some research, interview some agents, be tough, get the truth.

Wouldn't it be a shame to put your home and the market, be backed into a corner by a sharp buyer's agent, and end of netting a lot less than you thought you were entitled to?

Depending upon your situation, time is usually money. Plan ahead, do a lot of research, get the facts, then go for it!

Good luck! If you'd like a referral of an agent in Virginia Beach, I can help you. (no obligation, of course).
0 votes Thank Flag Link Tue Jun 5, 2007
Keith Sorem, Real Estate Pro in Glendale, CA
MVP'08
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Hi Karen,
Trulia only shows listings that are represented by an agent or a broker. You're welcome to look at our FAQs for a more detailed explanation.
Web Reference: http://www.trulia.com/faq/
0 votes Thank Flag Link Tue Jun 5, 2007
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