Author Topic: Help me FSBO on Zillow (or other sites?)  (Read 1451 times)

MickeyMoustache

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Help me FSBO on Zillow (or other sites?)
« on: March 31, 2016, 08:18:31 PM »
I may be accepting a promotion in the near future that will require relocation and thus, require me to sell my home.  This will be my 3rd house sold / 6th real estate transaction and I'm starting to wonder, can I do it myself?  What do I need to know?  Is listing on Zillow any good?  Will I show up in other agent's searches?  Is it *really* worth listing with an agent and paying them 3-4%?  i.e. will I realistically get 3-4% higher sale price?  I've flipped and staged a house years ago and am fairly familiar with what type of things need to be repaired/painted/fixed up before sale so I'm not sure that type of advice is needed.  The only thing I can imagine needing is finding an attorney for the sale.

Has anyone done this?  Experiences, advice, other thoughts?

PadAdventure

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Re: Help me FSBO on Zillow (or other sites?)
« Reply #1 on: April 01, 2016, 10:44:25 AM »
I may be accepting a promotion in the near future that will require relocation and thus, require me to sell my home.  This will be my 3rd house sold / 6th real estate transaction and I'm starting to wonder, can I do it myself?  What do I need to know?  Is listing on Zillow any good?  Will I show up in other agent's searches?  Is it *really* worth listing with an agent and paying them 3-4%?  i.e. will I realistically get 3-4% higher sale price?  I've flipped and staged a house years ago and am fairly familiar with what type of things need to be repaired/painted/fixed up before sale so I'm not sure that type of advice is needed.  The only thing I can imagine needing is finding an attorney for the sale.

Has anyone done this?  Experiences, advice, other thoughts?

depends on the state.  Most have a promulgated form online (contract), easy to do, title and lender will help guide process along and ensure you're getting things done.  Make sure you have good pics ($100 typically for professional, and worth it in my opinion) and you can typically pay an agent a flat rate to place it on the MLS.  I'd still offer a buyer's agent commission of 3% or whatever is standard, otherwise few will bring clients by.  They're trying to make $ just like the rest of us.


freeat57

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Re: Help me FSBO on Zillow (or other sites?)
« Reply #2 on: April 01, 2016, 04:01:14 PM »
There was recently a question similar to this. 

See  http://forum.mrmoneymustache.com/real-estate-and-landlording/how-to-sell-a-house-fsbo/

See my post there about how I used Zillow.  I suppose  could have done more aggressive marketing by using Craig's List, newspaper in addition to Zillow and a yard sign.  I took my own pics with an iPhone and got complements on how good they looked (even from a couple of realtors).  I spent several hours over a couple of days to get the light just right.  One odd thing... if your market has a lot of older people, they may not be aware of or adept at using online real estate sites.  The couple that bought my house specifically wanted to avoid working with a realtor because of a prior bad experience.  I priced my house very conservatively for my market. When realtors called me, I told them I'd be happy to pay their 3% for a full price offer.  A lower offer would mean a lower % for them.  I only had one decline to show my house, and I think he was actually just fishing for information and did not really have a client interested in my house.