FIZZBO! (aka selling your house without a realtor)

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Has anyone in the U.S. sold their house this way? We're about to put our house up on the market, and I'm possibly looking to cut out the realtors' percentages because those percentage points might be needed to keep from losing money on this place.

― pixel farmer (Rock Hardy), Wednesday, 22 February 2006 15:29 (twenty years ago)

whenever i see 'for sale by owner' i suspect its a front for selling something else entirely.

what do realtors charge?

― sunny successor (katharine), Wednesday, 22 February 2006 16:37 (twenty years ago)

Usually 3% each for the buyer's and seller's agent. Sometimes the same agent represents both parties.

― pixel farmer (Rock Hardy), Wednesday, 22 February 2006 16:47 (twenty years ago)

the problem we had with sale by owners was finding them! Without an MLS listing it seemed hard to locate them.

― Miss Misery xox (MissMiseryTX), Wednesday, 22 February 2006 16:47 (twenty years ago)

craigslist has listings for FSBO real estate.

― TOMBOT, Wednesday, 22 February 2006 16:54 (twenty years ago)

My family did this several times - BEFORE THE INTERWEB - and sold fairly quickly. In fact, I don't think my parents ever sold through an estate agent. Advertise in local newspapers, and make sure there are FSBO signs on the outside of the house.

― Boris and the Johnsons (kate), Wednesday, 22 February 2006 16:56 (twenty years ago)

the problem we had with sale by owners was finding them! Without an MLS listing it seemed hard to locate them.

We're in such a small market I think we'd do okay there. Print advertising is pretty cheap around here, and I think I have just the hook for a listing: "Do you want or need a big house, but shit a brick every time the contractor tells you $100 per sq. foot?"

― pixel farmer (Rock Hardy), Wednesday, 22 February 2006 16:57 (twenty years ago)

The realtor's main purpose is just so that people can come to your house when you're not there (and to watch to make sure they don't steal anything). If you feel you can show as well (and as conveniently for potential buyers) as an agent, FSBO can be better.

― Bnad (Bnad), Wednesday, 22 February 2006 17:31 (twenty years ago)

That's not a problem — in fact, we'd be more accessible than a real estate agent. We're both home all day every day, pretty much.

I just hope not to the house on the market for too long, or lose money on it, because I see other hands on the horizon potentially reaching for my wallet. :(

― pixel farmer (Rock Hardy), Wednesday, 22 February 2006 18:58 (twenty years ago)

I suspect there may be some info on the FSBO process at your local public library.

― Aimless (Aimless), Thursday, 23 February 2006 03:22 (twenty years ago)

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