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Updated over 4 years ago,

User Stats

108
Posts
27
Votes
Edward R.
  • Real Estate Investor
  • La Fayette, NY
27
Votes |
108
Posts

My flip: sell on own or use realtor for hot market?

Edward R.
  • Real Estate Investor
  • La Fayette, NY
Posted

My remodel flip (took my time) is almost set for sale.  I'ts in a good school district and neighborhood that is VERY well liked.  Most homes sell within a week, 2 at the most.  My whole intention last fall was to sell on my own instead of listing with Realtor Broker (and friend) and I wanted to experience whta it was like.  I'm having the pictures done in 10days or so and creating a simple website.  Plus I';ve has local interest from neighbors and showed it twice with the understanding I plan on listing it for sale soon.  (sorry longwinded).  ALSO House location gets alot of visibility, people will easily know its for sale


My questions..  Selling it on my own will still be in the higher range for homes that have had sold nearby (it's definitely justified) buy going with the realtor I have the opportunity for much more interest and possibly bidding war;  buy if I sell on my own and 2 weeks later list with realtor, do I lose on that initial luster of a listing? currently only 5 similar type homes in this range (and this is the nicer one)

I'm listing the house on my own for $173K With Realtor I'd like do $177K(hoping to get a higher bid)

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