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Updated almost 6 years ago on . Most recent reply

User Stats

255
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Maugno M.
  • Flipper / Landlord
  • Tyler, TX
126
Votes |
255
Posts

Selling newly remodeled home without an agent. Thoughts?

Maugno M.
  • Flipper / Landlord
  • Tyler, TX
Posted

I just completed a rehab on an SFR and i am hoping to put it up for sale asap. I'm having a hard time deciding if i should use a listing agent to market the house and get me top dollar, or trying to do this myself. I'm pretty good with paperwork on RE already, so i think i can navigate and negotiate everything without an Agent. I was also thinking of listing it and just doing like a 3% commission to the buyers agent. I just would hate to go under contract and the other agent beating me over the head during inspections or contingencies that'll make me lower the sales price.

Any thoughts or advise on this ?

Most Popular Reply

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2,639
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Brian Pulaski
  • Flipper/Rehabber
  • Montgomery, NY
1,782
Votes |
2,639
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Brian Pulaski
  • Flipper/Rehabber
  • Montgomery, NY
Replied

This is how I sold my first bunch of houses. I got it on the MLS through an entry only site and did the selling myself. I offered 2.5% to the buying agent. I sold them all with very little effort. The only hiccup out of 5-6 houses was one appraisal issue that we had to meet in the middle (closer to my number than the appraisers).

My opinion is that realtors are worth it (I use one now, but am getting my license as well) however I found listing and selling my own deals was not complicated. The main thing, make sure it's on the MLS and offer the buyers agent a fair fee (you say 3% which sounds right). Assuming you can navigate contracts, schedule and coordinate with inspections/appraisers, and are comfortable with it I think it's a viable option.

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