Comments on: How much will it cost to sell my house with and without a realtor? http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor Sell house by owner. How to sell your own house. Thu, 22 Sep 2011 00:00:27 +0000 hourly 1 http://wordpress.org/?v=3.1.4 By: maulen45 http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor/comment-page-1#comment-646 maulen45 Thu, 17 Dec 2009 11:42:17 +0000 http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor#comment-646 At closing, you will pay for document preparation (deed, tax transfer, etc) which can be up to $100, title insurance ($200 - $300), tax stamps (depends on local fees), and your taxes that haven't been paid for 2005 and the taxes for 2006 up to the closing day. In addition to this if you do for sale by owner, you will need to advertise your home for sale which can be expensive. I would really recommend using a real estate agent, because there is so much that can happen while selling your house that an agent can protect you from. You can't even imagine some of the issues that come up! Also, when you use an agent and list on a multiple listing service, you instantly have all the agents who are a member of that service who could potentially sell your home. You will pay no costs for advertising. And normally, you don't pay unless your house sells. That's better than a money back guarantee! I understand that 6% of $155K is a lot of money. However, I do not recommend raising your price more than the house is worth to try to cover commission. Only two things sell a house--price and promotion. If you are priced too high, then your house will not sell. You need to be priced right to sell sooner. If it sits on the market too long, people will try to low-ball you. Talk to a real estate agent with a good reputation in your area. Have them do a market analysis of your home and tell you what it is worth. Usually there is absolutely no obligation. Find out what kind of commission they charge, figure out what your bottom line is, and list with them if you can get your $12K. Good luck! At closing, you will pay for document preparation (deed, tax transfer, etc) which can be up to $100, title insurance ($200 – $300), tax stamps (depends on local fees), and your taxes that haven’t been paid for 2005 and the taxes for 2006 up to the closing day. In addition to this if you do for sale by owner, you will need to advertise your home for sale which can be expensive.

I would really recommend using a real estate agent, because there is so much that can happen while selling your house that an agent can protect you from. You can’t even imagine some of the issues that come up! Also, when you use an agent and list on a multiple listing service, you instantly have all the agents who are a member of that service who could potentially sell your home. You will pay no costs for advertising. And normally, you don’t pay unless your house sells. That’s better than a money back guarantee!

I understand that 6% of $155K is a lot of money. However, I do not recommend raising your price more than the house is worth to try to cover commission. Only two things sell a house–price and promotion. If you are priced too high, then your house will not sell. You need to be priced right to sell sooner. If it sits on the market too long, people will try to low-ball you. Talk to a real estate agent with a good reputation in your area. Have them do a market analysis of your home and tell you what it is worth. Usually there is absolutely no obligation. Find out what kind of commission they charge, figure out what your bottom line is, and list with them if you can get your $12K. Good luck!

]]> By: ga realtor http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor/comment-page-1#comment-645 ga realtor Thu, 17 Dec 2009 11:42:17 +0000 http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor#comment-645 realtors usually charge 6% of the sales price. it's always good to have a realtor for two main reasons... 1. they will market the house for you and will likely bring more potential buyers in than you would on your own. more buyers, the greater your chances of finding someone who will pay what you want. 2. realtors are experts in selling homes. do you want someone who regularly handles transactions worth hundreds of thousands of dollars or do you want to go it on your own even though you've never sold a home before? here is what i would do: list it with a realtor at the increased price to cover commission. if you don't get what you want, you don't sell the house. if things don't work out, you can sell it yourself. realtors usually charge 6% of the sales price. it’s always good to have a realtor for two main reasons…

1. they will market the house for you and will likely bring more potential buyers in than you would on your own. more buyers, the greater your chances of finding someone who will pay what you want.

2. realtors are experts in selling homes. do you want someone who regularly handles transactions worth hundreds of thousands of dollars or do you want to go it on your own even though you’ve never sold a home before?

here is what i would do: list it with a realtor at the increased price to cover commission. if you don’t get what you want, you don’t sell the house. if things don’t work out, you can sell it yourself.

]]> By: babiefox1 http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor/comment-page-1#comment-644 babiefox1 Thu, 17 Dec 2009 11:42:17 +0000 http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor#comment-644 We are selling our house right now. If you sell privately, you will not have to pay the realtor commission, which could be as high as 6%. Also, the closing costs are less, because usually with a private sell, each party pays their own closing costs - appraisal, inspections, lawyer, title search, etc.. If you go with a realtor, you will pay their commission (I have never heard of a buyer paying any commission to the listing realtor or to the buyer agent)..Then usually closing costs are paid mostly by the seller. We are selling our house right now. If you sell privately, you will not have to pay the realtor commission, which could be as high as 6%. Also, the closing costs are less, because usually with a private sell, each party pays their own closing costs – appraisal, inspections, lawyer, title search, etc..

If you go with a realtor, you will pay their commission (I have never heard of a buyer paying any commission to the listing realtor or to the buyer agent)..Then usually closing costs are paid mostly by the seller.

]]> By: chula3539 http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor/comment-page-1#comment-643 chula3539 Thu, 17 Dec 2009 11:42:17 +0000 http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor#comment-643 I am a licensed real estate agent in Wisconsin. Our normal commission rate is 6% which is usually paid by the seller. One thing you can do is tell the realtor what you have told us and see if they could raise the asking price a little to cover the commission. Also, many real estate agencies have different levels of service that they will offer for different amounts of commission. One other thing you could do is try to sell it yourself first and if you receive an offer have an attorney look it over before accepting or countering. I am a licensed real estate agent in Wisconsin. Our normal commission rate is 6% which is usually paid by the seller. One thing you can do is tell the realtor what you have told us and see if they could raise the asking price a little to cover the commission. Also, many real estate agencies have different levels of service that they will offer for different amounts of commission. One other thing you could do is try to sell it yourself first and if you receive an offer have an attorney look it over before accepting or countering.

]]> By: eleven http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor/comment-page-1#comment-642 eleven Thu, 17 Dec 2009 11:42:17 +0000 http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor#comment-642 Realtors like to pick up as much as 6% of the selling price. Sometimes this cost can be split between buyer and seller. Realtors can help selling process go more smoothly, though. Realtors like to pick up as much as 6% of the selling price. Sometimes this cost can be split between buyer and seller. Realtors can help selling process go more smoothly, though.

]]> By: Dan Carbrey http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor/comment-page-1#comment-641 Dan Carbrey Thu, 17 Dec 2009 11:42:17 +0000 http://sellmyhousequicklytm.com/how-much-will-it-cost-to-sell-my-house-with-and-without-a-realtor#comment-641 Don't use a realtor. THey charge a ridiculous amount of money for the work that you cna do yourself if you are willing to do the research First, check your counties property appraisers website for the recent sales of homes in your neighborhood. Find similar homes that sold and use the number as a basis for your home. Next advertise the home anywhere you can. there are multiple websites you can use to market your home. When you finally find a buyer, hire a real estate attorney to handle the paper work for you. They will do this for a fraction of the price you would have paid a realtor. if your homes value is really 155k then you could expect to pay as much as $9300. Don’t use a realtor. THey charge a ridiculous amount of money for the work that you cna do yourself if you are willing to do the research

First, check your counties property appraisers website for the recent sales of homes in your neighborhood. Find similar homes that sold and use the number as a basis for your home.

Next advertise the home anywhere you can. there are multiple websites you can use to market your home.

When you finally find a buyer, hire a real estate attorney to handle the paper work for you. They will do this for a fraction of the price you would have paid a realtor. if your homes value is really 155k then you could expect to pay as much as $9300.

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