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Updated over 6 years ago on . Most recent reply

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Selling without Realtor

Posted

Hey! Currently flipping a property (blast podcast all day every day haha) but we are finishing up here ourselves and we would like to try selling without an agent, legalities aside (we have attorneys and everything for the process) but my question would be more about the marketing. I don't want to put a generic FSBO sign outside, I'd like to show the house myself etc. Anyone have success with this without current interested buyers? Are there any issues/legalities regarding not being a licensed agent/broker?

Thanks! :)

Whitney 

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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
10,046
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7,341
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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorReplied

Hi @Whitney Henderson

I've sold FSBO before being licensed, and in a hotter market it's a much easier task. If your market is cooler, you may not be able to sell so quickly.

As long as you own the house, you can sell it by yourself. A local sign company like Fast Signs can make a sign for you that looks better than your typical, generic FSBO sign. (This is what I did)

Another option for selling is the flat fee agent that lists your home for a one-time fee. You save money on the commissions to the agent, but are still on the MLS, which is where almost everyone starts their home search.

If you truly want to go the FSBO route, get a website (I always used the property address, so 123main.com) and post as many pictures as you possibly can. Great, amazing pictures. Create a list of upgrades so people know what's new and why you're asking (presumably) more than you paid for it.

Oh hey, I think BiggerPockets has a book on this subject, How to Sell Your Home...

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