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Has anyone tried to sell their house without using a Realtor?

Has anyone tried to sell their house without using a Realtor?

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Old Jan 9th 2008, 2:23 pm
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Default Has anyone tried to sell their house without using a Realtor?

Just wondered if anyone had tried this. We are going to be moving back to the UK after 8 years here either this year or next (we only bought the house a year and a half ago) so we need every last penny to pay for the move. We would love to avoid paying real estate commission but I just don't know if it's worth the hassle. I reckon moving back is going to be stressful enough. Your thoughts would be appreciated.
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Old Jan 9th 2008, 4:56 pm
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Default Re: Has anyone tried to sell their house without using a Realtor?

Originally Posted by Elaine B.
Just wondered if anyone had tried this. We are going to be moving back to the UK after 8 years here either this year or next (we only bought the house a year and a half ago) so we need every last penny to pay for the move. We would love to avoid paying real estate commission but I just don't know if it's worth the hassle. I reckon moving back is going to be stressful enough. Your thoughts would be appreciated.
I did it once with no hassle. But I was lucky with the timing, it was just as a speculation binge was taking off. I got the place valued by a couple of realtors (this was all in pre-mls pre-interwebby days), then advertized a For Sale by Owner Open House in the Star. It sold in one day for 5% over the asking price, I actually could have got more but I felt guilty playing off one bidder against the other.

I doubt it's often that easy though.
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Old Jan 9th 2008, 5:00 pm
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Default Re: Has anyone tried to sell their house without using a Realtor?

Originally Posted by Elaine B.
Just wondered if anyone had tried this. We are going to be moving back to the UK after 8 years here either this year or next (we only bought the house a year and a half ago) so we need every last penny to pay for the move. We would love to avoid paying real estate commission but I just don't know if it's worth the hassle. I reckon moving back is going to be stressful enough. Your thoughts would be appreciated.
try

http://www.welist.com/

At the end of the day, all you have to do is get people to view and get a good solicitor to convey the titles......that's the technical bit which def does need a professional. Showing a house, so long as you prepare it properly and think about how you show, it's fine.

You can always list with a realtor after a bit if you need to.
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Old Jan 9th 2008, 5:01 pm
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Default Re: Has anyone tried to sell their house without using a Realtor?

Have you considered these people? http://www.propertyguys.com/
They seem to have a lot of 'for sale' boards about.
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Old Jan 9th 2008, 5:11 pm
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Default Re: Has anyone tried to sell their house without using a Realtor?

Originally Posted by Beebop
try

http://www.welist.com/

At the end of the day, all you have to do is get people to view and get a good solicitor to convey the titles......that's the technical bit which def does need a professional. Showing a house, so long as you prepare it properly and think about how you show, it's fine.

You can always list with a realtor after a bit if you need to.
Luckily I work for a real estate lawyer so that side of things should be okay. It does complicate things a little mind you as I don't want to mention to my boss just yet that I'm going to be moving back to the UK.
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Old Jan 9th 2008, 5:12 pm
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Default Re: Has anyone tried to sell their house without using a Realtor?

Thanks for the links I'll check those out
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Old Jan 9th 2008, 5:13 pm
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Default Re: Has anyone tried to sell their house without using a Realtor?

A lot of houses in our area are sold by the owners - but that's because the area is so popular that there's pretty much a waiting list of people wanting houses there. You stick a "for sale by the owner" board outside and suddenly have a bidding war on your hands.
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Old Jan 9th 2008, 5:20 pm
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Default Re: Has anyone tried to sell their house without using a Realtor?

Originally Posted by cov-canuck
A lot of houses in our area are sold by the owners - but that's because the area is so popular that there's pretty much a waiting list of people wanting houses there. You stick a "for sale by the owner" board outside and suddenly have a bidding war on your hands.
I don't think that would be the case here in East York unfortunately. I'm just looking around the place and seeing all the things I better get sorted out before we put up any for sale sign, especially the front garden right now we have no "curb appeal".
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