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re: Selling your home yourself? nsfw added for help
Posted on 4/25/14 at 7:09 am to LSUGUMBO
Posted on 4/25/14 at 7:09 am to LSUGUMBO
your second point doesn't make any sense. A house is worth whatever it is worth regardless of whether or not a realtor is involved. Houses aren't worth extra because an agent is involved. The rest of your advice is great
2
Posted on 4/25/14 at 8:42 am to bobaftt1212
quote:
your second point doesn't make any sense. A house is worth whatever it is worth regardless of whether or not a realtor is involved. Houses aren't worth extra because an agent is involved. The rest of your advice is great
then why are realtors involved at all? And I agree with you that if you research comps and understand the market you can price it right.
realtors are really expensive advertising agents.
Posted on 4/25/14 at 10:33 am to bobaftt1212
quote:
A house is worth whatever it is worth regardless of whether or not a realtor is involved.
This is true, but I think people tend to inflate the price of their house because they know that there's 6% coming off the top before they get their profit/equity out. As a prospective buyer, I expect houses FSBO to be a little cheaper since I know that they aren't paying the 6% commission.
If I have a $200,000 house that I want to get $175,000 out of, I'll list it at $200,000 with a realtor, but maybe only $193,000 by owner. It may not make sense, but that's the way that people think.
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