Lakeviewguy74

Hi there,

As for public open houses I would guess it depends on your location. I live in Chicago, and in the actual city. The current condo we bought was a result of an open house. Also a few years ago, our condo sold from someone coming by during an open house, and lastly, our neighbors who have their place on the market received an offer from a couple that came by during an open house. - Wed Jun 25 2008, 11:02

Thanks for all the responses. So far, no one has addressed my last point. So to expand:
I would like to sell quickly. Comparable units (same floor plan, finishes, location, etc.. ) are listing for $450K and selling at around $430. So I can list at $450K with an agent, or list at $437K with no agent (the 3% commission I am saving, I use to reduce the sale price). It seems to me, that in this market, being the lowest priced unit on the market should help me. sell faster than with no agent. In terms of exposure, would it not also help me stand out in MLS, Realtor.com and the other sites, by being on the low side in terms of price?
In my previous 2 home purchases: The 1st I used a realtor, but did the negotiating myself. The 2nd I did not use a realtor. The selling realtor agreed to reduce commission from 6% to 4% (she got 1% more for very little extra work). Very smooth process, got a great price, everybody was happy in the end.
So for now I will use a flat fee realtor and see how it goes. - Thu May 22 2008, 14:54