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Someone Explain Realtors To Me

Posted on 3/26/13 at 3:39 pm
Posted by LETSGEAUX2
Member since Oct 2012
461 posts
Posted on 3/26/13 at 3:39 pm
I own a home now but bought it from my cousin. We had paperwork drawn up by a realtor friend and that was that. If I'm looking to sell, where do I start? Do I hire a broker to sell my house and at the same time look for houses for me? How much will this cost me?
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 3/26/13 at 3:45 pm to
You will need to hire an agent to market the house and they will take a commission based on the sale price of the house which is usually 2.5% to 3%. They will try and sell it quick as possible as opposed to get the most bang for your buck so you must be stern with the sale price.

Also, I'm not 100% on this, but you may need to hire an appraiser to decide the value of the house.

Not helpful advice but I thought I'd throw in my 2 cent.
This post was edited on 3/26/13 at 3:50 pm
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