Would you sell fsbo to cover flip losses?

[Leland S.]

I'm. Probably looking at a loss on my first flip considering realtor fees. If there were no realtor fees, walla, I'm profitable. Is that a reason to just do fsbo? Seems really sucks to hand over all your profit and giveaway your house to a realtor... I know that's how it works. Just wondering if anyone has decided to fsbo due to low margin and how it turned out. 

[Bill Hinshaw]

My decision would depend on days on market in the area as well as the layout of my home. If days on market is > 30 days or my layout is substantially different than other houses in the area, I would have to consider using a good realtor. If days on market is < 30 days and my home is of similar size, layout, and finish to the other homes, I'd sell without a realtor.

Also, do you really mean fsbo, or are you talking about a low cost broker? You can pay a low cost broker $500 in my area and get some of the benefits of a listing agent, including the primary benefit, which is being listed on the MLS. That is a must.

Also keep in mind, many agents are ready and willing to hold an open house at your home for the benefit of networking with potential buyers. Get your house on the MLS, and let a relatively new agent hold the open house - that should get you some decent exposure without having to list with an agent.