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Old August 21st, 2007, 11:03 AM
rassomaxa rassomaxa is offline
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Exclamation By owner vs realtor

I’m trying to avoid the high commission by thinking I could do this myself. Is it difficult? Like I mentioned in my introduction, I have some forms needed provided by the title agency, and I have an attorney that handled the sale of my dad’s house. But this is all greek to me.

Shouldn’t it just be easy to put a sign in your yard, spend a few bucks on one of those ‘for sale by owner’ internet ads, have a few open houses, accept an offer, and have the attorney & title company handle it from there?

Or am I missing something here…like some kind of hidden jargon that’s going to jump out at me and cost me big bucks at closing. Is doing it this way mean I have to have a large amount of cash up front for costs of some kind or can those be deducted from what monies I would be receiving?

Is it OK to limit perspective buyers to those who have already been approved for a loan…so as to cut down on the ‘looky loos’. Is it a good idea? Better yet…is it legal?

If I get an offer I can live with, should I have the attorney fill out the paperwork or do I do that?

Is the fact that I’m stressing out about this an indication that I should just go with a realtor, pay the commission….and not have the headaches? I just want some honest advice as to which method has the most pro’s and least amount of con’s.

..rassomaxa
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