• http://www.swimupstreamtowealth.com/ Kirk Kinder

    Jason – Great post. I had the best experience when I sold my home myself. I sat around the kitchen table with the buyer, and we negotiated face to face. We even added unusual items to the contract such as giving him my kitchen table for a car top carrier.

    Realtors are overpaid in my opinion for the value they bring. If you are buying a commercial property, you need a decent realtor who can discuss the rental market, but home buying is pretty upfront.

  • Chandri238

    Hey ,

    You need Realtors, to firstly put your listing on MLS, secondly to conduct open house and let in only potential buyers, thirdly to draft a contract (avoiding lawyers fees who charge you per minute of their time , lastly to negotiate the price without fist fights.

    Are you kidding ? Let the professional handle it for you. If you want to “Do it yourself”
    why should there be any profession at all. How can our unemployment rate ever go down, when guys like you do everything yourself.

    Share your income maan ??????????????

    • Good grief

      We’re not in the type of economy where people can afford to randomly give someone 5,000-10,000 dollars to sell a property. A home is only worth so much. Homes are not increasing in value anymore. A realtor fee does not add value to the home, it hikes up the price artificially. Unless you have earned that equity (which most people have not) over the time you have owned the home, or you have somehow managed to save that amount in cash (which most people have not) you will not be able to afford a realtor. These days, most of the time the only option is to sell by owner because a lot of cities were hit by horrible declines in home values, despite the homes and neighborhoods being great places to live.
      You don’t seem to understand the system. It is about doing what YOU can afford, not “sharing your income”. If you want to share YOUR income, do it as you see fit. Donate to charity, or waste ~7,000 dollars on a realtor who might only work 4 hours a day (mainly working on other peoples’ properties). I’ll let you decide what is the smarter idea for your situation, maan. *eyeroll*

    • donttrustrealtors

      You make a ton of sense MAN! Because nobody is capable of doing anything like selling a house by themselves except realtors??? Come on dude, really??

  • Ginger483

    Your article stinks where is the advice here, all a see is how to advertise, what a potiental saler would like to know is about all the paper work hello lawyer vs title company, and what they do… Why a intent to sale before the closing date and a nonrefundable deposit to save the seller from a buyer that backs out… Really now write a article that actually gives some advice instead of this wishy worshy crap and hey people if you want to add a comment how about answer some of the above questions…

    • Mr Happy

      Your attitude is almost as bad as your punctiation.

      • SamotheScienceKid

        It is not just her PUNCTUATION but also her grammar.

  • Gkathy

    where can I find the papers I need to sell my house myself?

  • http://www.facebook.com/profile.php?id=1148750261 Scott A Austin

    Jason,
    A few things extra thoughts…

    On a $100,000 house with a 5% commission you will pay the Realtors $5,000.

    If you hire a real estate appraiser for $500 you will get a realistic appraisal from an unbiased source trained in valuation. (Despite what they tell you agents have very little valuation training).

    Most appraisers are members of the MLS system and they can get the seller the needed contracts for the sale.

    I am an appraiser, so let me suggest that we are not all created or trained equally. Try to find an appraiser who has a professional designation from a national organization like NAIFA, ASA or AI.
    (The designation is important. It is akin to the difference between someone who just does taxes and a CPA).

    I hope it helps !

    Scott A Austin, IFA
    Austin Appraisal, LLC
    Birmingham, AL

  • Vanessa

    Hi Jason, My husband and I are in the process of buying a home in Colorado. When we sell our Colorado home in the future, we do not want to go through a seller’s agent. Do you know if you are allowed to represent yourself in the homeselling process/sale in Colorado? It seems that Colorado has some pretty strict regulations with even obtaining a broker’s license for independent use, so I’m having trouble believing that we could get away with this without any obstacles. Thank you for your help!

  • Kian Mellin

    Very useful tips for home buyers and sellers.

  • Guest

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