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Updated almost 9 years ago on . Most recent reply

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Matt Dickey
  • Real Estate Agent
  • Royal Oak, MI
0
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10
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Selling my house without a RE agent

Matt Dickey
  • Real Estate Agent
  • Royal Oak, MI
Posted

Wondering if anyone had any experience with FSBO or selling their house without a real estate agent? Selling my house in Littleton, CO and I know if I can get the word out that my house will sell. I heard from a friend that realtors black list people that use FSBO.

Trying to maximize my profit from my house to move back to MI and invest in the Detroit area and metro Detroit area.

Any advice would be appreciated.

Thank you!

Most Popular Reply

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395
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257
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Omar Merced
  • Real Estate Investor
  • Las Vegas, NV
257
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395
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Omar Merced
  • Real Estate Investor
  • Las Vegas, NV
Replied

The thousand dollar question. Or in your case thousands... I'll give you my opinion and it's just that my opinion. There's probably pages and pages of this question in different forums. The answer is "It depends." As an agent I know there are many charts and information that shows higher sales price for agent listed homes vs. FSBO. It actually is one our sales pitch however that being said if you are a real estate investor that knows how everything works and how to properly evaluate your property then the opposite could be true. The analogy I like to give when discussing real estate commissions is the car sales person. When you go to a car dealership who has the advantage? The average consumer that purchases a car about every 3-5 years or a good car salesperson the sells about 5-10 in a month? The answer is obvious but with the advent of technology and the availability of information this can change. There's also, at least in my state, a limited listing. Where for a small fee the agent inputs your information in the MLS and then you can negotiate directly with the purchasers. Either way information is on your side. The more you know the better off you will be. Hope this helps.

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