Is it easy to sell without an agent?

Asked by Genera Hunter, 78245 Sun May 3, 2009

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Vicky Chrisn…, Agent, Purcellvile, VA
Sun May 3, 2009
Stats show 70% of homeowners eventually hire an agent - there must be a reason for that. In this market, it is harder than in a balanced market, and it is far more possible in a sellers market - like in 05. However, I really don't know how you can do it today unless you AT LEAST have a limited service agent who will help you with the MLS listing. WIthout an MLS listing (which requires you have an agent), I don't know how you get on the radar screen of buyers... there's just SO much inventory.

Try this - interview and agent who will start as a limited service agent and move into a full service agent position if you need it. It will mean you are paying up front for the advertising stuff. If you get lucky, and get a contract, you'll be on your own or paying fees for presentation, review, consultation, etc. If you don't get lucky, the agent can step in and take over.
1 vote
Jessica Bega…, Agent, Avon, CT
Sun May 3, 2009
It depends. If you are the kind of person who is organized, can do research, has the time to represent yourself (handle showings, answer questions, etc), and has bought and sold real estate before, then you can definitely do it. If however, you're in a hurry, aren't an experienced home seller, don't have the time to handle buyers and agents questions and showings, and don't have the time or experience to do your own market research, then you may want to consider an agent.

Selling your home without an agent doesn't mean you'll save money - buyers who buy FSBO expect a discount, and you're spending a lot of your own time and money on advertising, research, communicating with buyers and agents etc. You're also likely to have to pay a buyer's agent fee.
1 vote
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