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onetwo_threefour · 02-10-2009, 04:47 PM

+1 for use a realtor in a bad market.

Selling privately...

You don't have access to MLS, (unless you use one of those cut rate services, where you're still paying a biunch of money to have your house on a website)
You don't have access to proper market data to do comparables...
You don't have anyone with legal training preparing your contract in an environment where Buyers get cold feet every five minutes. (unless you hire a lawyer to do that part, which you probably don't because you're being frugal)
You don't have access to specialized marketing such as mailouts, magazine ads, Realtor bulletin boards that sell a lot of properties.
You have to spend a lot of your own time marketing and showing... (depending how you value your time that can add up quickly)

And no, I'm not an agent, I'm a real estate lawyer like troutman.

02-10-2009, 04:47 PM	#38
onetwo_threefour Powerplay Quarterback Join Date: Apr 2006 Location: Mahogany, aka halfway to Lethbridge Exp:	+1 for use a realtor in a bad market. Selling privately... You don't have access to MLS, (unless you use one of those cut rate services, where you're still paying a biunch of money to have your house on a website) You don't have access to proper market data to do comparables... You don't have anyone with legal training preparing your contract in an environment where Buyers get cold feet every five minutes. (unless you hire a lawyer to do that part, which you probably don't because you're being frugal) You don't have access to specialized marketing such as mailouts, magazine ads, Realtor bulletin boards that sell a lot of properties. You have to spend a lot of your own time marketing and showing... (depending how you value your time that can add up quickly) And no, I'm not an agent, I'm a real estate lawyer like troutman. __________________ onetwo and threefour... Together no more. The end of an era. Let's rebuild...