Comments | mothball

mothball_07

FSBO...

Aug 21, 2007 07:57

Anybody have experience? My realtor has an escape clause, he's ( Read more... )

Comments 3

soapysophie August 21 2007, 15:10:19 UTC

I say rent it out. Especially if you can rent it out for the amount of your mortgage payment.

hlmt August 21 2007, 20:20:39 UTC

Well, we have -some- experience. Plan for hiring a realtor to draw up the papers (I think ours was about $1,500, but you should shop around), and don't forget the motherfucking closing costs that you pay above and beyond whatever you pay of the buyer's closing costs. *grumble*

betscoop September 7 2007, 20:33:00 UTC

"The other guy" and I did a FSBO with the Denver house when we got divorced. We did use a company to get listed in the MLS, get a lock box and help with the paperwork, but I don't remember the name of it. Big help, right? Anyway, it was fine. I agree about not renting it out if you can avoid it. I also don't think that lowering the price is a big deal. It's about finding the right price to sell it. I agree with madhobbit re: sitting on the market too long is much worse than lowering the price.