Home and Auto Selling a house without an agent - Page 3

**BigRichard** · 09-16-2018, 12:40 PM

The wife and I are about to put the house on the market. Houses in our area are selling in a couple of days of being put on the market so we are not going to get an agent. We believe we will be able to sell very easily without one. My only question is the buyer's agent. Can you state the buyer has to cover his own agents fees? My wife(with her brother and sister) sold their mother's house by just stating they were not going to accept anyone with an agent to avoid the fees. They sold her house in a very short time. I didn't know if that was the best route or if you could just say agents are fine as long as they know they have to cover the fees. Anyone know the best way to handle this?

Fat Elvis · 09-16-2018, 02:47 PM

Quote:

Originally Posted by Fat Elvis

If you have to ask this question in the first place, you're probably better off letting a professional sell your house.

Quote:

Originally Posted by BigRichard

Uhhh no but thanks for your help.

Well, when you get taken to the cleaners, make sure to come back here for advice so you don't have to pay a lawyer....

**TinyEvel** · 09-16-2018, 02:48 PM

See if OPENDOOR is operating in your area. Look it up.

**TinyEvel** · 09-16-2018, 02:51 PM

Also, selling house is a huge Pain in the ass. The paperwork, inspections, escrow, etc. That's why agents make the money. If you want to go through all that yourself, then go for it, but "its easy" is not really taking into account all the information.
The best way for you to do this would be to have a cash buyer with no contingencies on the purchase. This happens her win California where you have .com billionaires buying homes for their kids as wedding presents, but not sure about where you live and what shape your home is in.

underEJ · 09-16-2018, 03:16 PM

A lot depends on where you are. I’ve bought 5 properties and sold 2 in the last few years and I would never try to skip the agents in California because property sales are way more complicated here, but I did do a no agent buy in KC because Missouri is very flexible on sales. We didn’t even need a lawyer. We used a boiler plate sale template I bought at Office Depot and paid for title and other services as we went. It works great if both sides feel they are getting what they want. The price was definitely below an agent repped deal for that very reason and we discussed that clearly while settling on the sale price since we weren’t doing offers and counter offers like with an agent deal.

eDave · 09-16-2018, 03:19 PM

I've done both. An agent makes it exponentially easier and faster. And for more money.

**BigRichard** · 09-16-2018, 05:34 PM

Quote:

Originally Posted by Fat Elvis

Well, when you get taken to the cleaners, make sure to come back here for advice so you don't have to pay a lawyer....

Yes, maybe you didn't read the OP. The wife already did this once. It isn't that difficult genius. I can easily say no agents if that is what it needs to be.

**LoneWolf** · 09-16-2018, 05:38 PM

What is the asking price of the home you are selling?

**BigRichard** · 09-16-2018, 05:40 PM

The market here is so awesome for the sellers. The average day on market in our neighborhood is 4 days. My wife's mom's house had a sale without listing it at all just about 6 months ago. They just listed an estate sale and people came out of the wood works to buy it. Had a buyer lined up in a few weeks and had it closed on in just a couple of months from when they did the estate sale.

-King- · 09-16-2018, 05:43 PM

Quote:

Originally Posted by BigRichard

The agent would get paid, it would just be from the buyer and not me.

Why would the buyer or the buyer's agent want to get into that? Even if the agent was okay with it, soon as he tells the buyer that the buyer will be paying realtor fees, he'll be fired before he can even finish the sentence.
Posted via Mobile Device

**BigRichard** · 09-16-2018, 05:43 PM

Quote:

Originally Posted by LoneWolf

What is the asking price of the home you are selling?

I think I will list it at 210k. All my research says that is towards the top end of what I could get but my house has a lot of new shit and it has been updated very nicely.

**BigRichard** · 09-16-2018, 05:45 PM

Quote:

Originally Posted by -King-

Why would the buyer or the buyer's agent want to get into that? Even if the agent was okay with it, soon as he tells the buyer that the buyer will be paying realtor fees, he'll be fired before he can even finish the sentence.
Posted via Mobile Device

I don't think you realize how hard it is for the buyers right now in my area. They can't even get into see houses because the day they are listed they are sold. People are paying premium prices for houses in my area and they will do just about anything to get into them. There are people posting everywhere looking for houses in my area. It isn't really the other way around.

Edit: This is exactly why we are selling now. It is actually a little ahead of when we wanted to sell it but because the market is so awesome for us we figured **** it, we can live in an apartment for a while if need be. Don't want to miss out on the money train.

-King- · 09-16-2018, 05:48 PM

Quote:

Originally Posted by BigRichard

I don't think you realize how hard it is for the buyers right now in my area. They can't even get into see houses because the day they are listed they are sold. People are paying premium prices for houses in my area and they will do just about anything to get into them. There are people posting everyone looking for houses in my area. It isn't really the other way around.

That's how it was in my area when I bought 2 months ago. If my realtor was trying to get me to pay his fees, I'd have either not went to see the house or tried to get another realtor.
Posted via Mobile Device

BryanBusby · 09-16-2018, 05:49 PM

OP, it sounds like you've clearly made up your own mind and I really don't know why you've made a thread.

**LoneWolf** · 09-16-2018, 05:51 PM

Quote:

Originally Posted by BigRichard

I think I will list it at 210k. All my research says that is towards the top end of what I could get but my house has a lot of new shit and it has been updated very nicely.

Hire an agent and list it for 220k. If the market is as hot as you say it is, the house will still sell quickly and you still take home the same amount of money.

Sassy Squatch · 09-16-2018, 05:53 PM

Quote:

Originally Posted by BryanBusby

OP, it sounds like you've clearly made up your own mind and I really don't know why you've made a thread.

Asks for advice, and when everyone tells him he shouldn't do it, just says "**** it, doing it anyway."

09-16-2018, 12:40 PM
BigRichard Buddy Christ is a Chiefs fan Join Date: Nov 2008 Casino cash: $1889546	Selling a house without an agent The wife and I are about to put the house on the market. Houses in our area are selling in a couple of days of being put on the market so we are not going to get an agent. We believe we will be able to sell very easily without one. My only question is the buyer's agent. Can you state the buyer has to cover his own agents fees? My wife(with her brother and sister) sold their mother's house by just stating they were not going to accept anyone with an agent to avoid the fees. They sold her house in a very short time. I didn't know if that was the best route or if you could just say agents are fine as long as they know they have to cover the fees. Anyone know the best way to handle this?
Posts: 10,371

09-16-2018, 02:48 PM	#32
TinyEvel Just a li'l Evel Join Date: Sep 2005 Location: Bald. Goatee. Jorts. Casino cash: $5407131	See if OPENDOOR is operating in your area. Look it up.
Posts: 11,810

09-16-2018, 02:51 PM	#33
TinyEvel Just a li'l Evel Join Date: Sep 2005 Location: Bald. Goatee. Jorts. Casino cash: $5407131	Also, selling house is a huge Pain in the ass. The paperwork, inspections, escrow, etc. That's why agents make the money. If you want to go through all that yourself, then go for it, but "its easy" is not really taking into account all the information. The best way for you to do this would be to have a cash buyer with no contingencies on the purchase. This happens her win California where you have .com billionaires buying homes for their kids as wedding presents, but not sure about where you live and what shape your home is in.
Posts: 11,810

09-16-2018, 03:16 PM	#34
underEJ Veteran Join Date: Oct 2006 Location: Los Angeles Casino cash: $6923141	A lot depends on where you are. I’ve bought 5 properties and sold 2 in the last few years and I would never try to skip the agents in California because property sales are way more complicated here, but I did do a no agent buy in KC because Missouri is very flexible on sales. We didn’t even need a lawyer. We used a boiler plate sale template I bought at Office Depot and paid for title and other services as we went. It works great if both sides feel they are getting what they want. The price was definitely below an agent repped deal for that very reason and we discussed that clearly while settling on the sale price since we weren’t doing offers and counter offers like with an agent deal.
Posts: 1,231

09-16-2018, 03:19 PM	#35
eDave Banned Join Date: Jan 2013 Casino cash: $9998560	I've done both. An agent makes it exponentially easier and faster. And for more money.
Posts: 53,803

09-16-2018, 05:38 PM	#37
LoneWolf Constable of Untruths Join Date: Oct 2010 Location: Wichita Casino cash: $1731084	What is the asking price of the home you are selling?
Posts: 14,997

09-16-2018, 05:40 PM	#38
BigRichard Buddy Christ is a Chiefs fan Join Date: Nov 2008 Casino cash: $1889546	The market here is so awesome for the sellers. The average day on market in our neighborhood is 4 days. My wife's mom's house had a sale without listing it at all just about 6 months ago. They just listed an estate sale and people came out of the wood works to buy it. Had a buyer lined up in a few weeks and had it closed on in just a couple of months from when they did the estate sale. __________________ "You know, they lay down with their ugly wives in front of their ugly children and just look at their loser lives and then they look at me and say, "I CAN'T PROCESS IT!" Well, no, and you never will. Stop trying. Just sit back and enjoy the show .... You know?" Carlos Irwin Estevez
Posts: 10,371

09-16-2018, 05:49 PM	#43
BryanBusby In Search of a Life Join Date: Mar 2006 Casino cash: $3779900 VARSITY	OP, it sounds like you've clearly made up your own mind and I really don't know why you've made a thread.
Posts: 22,208