Archive for the 'FSBO' Category
How to List your Home on the MLS Free
This will be the first of a series of information on ways to save money when buying or selling a home. While I am a licensed real estate agent in the state of Utah, I encourage people to always buy homes for as little as possible, even without an agent if ability and circumstance permit.
Perhaps one the best places to approach when thinking of selling your home is IggysHouse.com. They allow you to post on the MLS and on Realtor.com absolutely free of charge. While they naturally encourage clients to use some of their sister companies paid services, they are still hands down one of the cheapest ways to list your home if you plan to sell by owner. (Can’t really beat free now can you?)
While still a new service, you really have nothing to lose by trying them. If the MLS listing fails to yield a buyer, you can consider other options for selling your home quick.
Referencing yesterday’s ‘how-to-avoid’ getting sued guide, I mentioned that everyone should at least know of an attorney to use in case they ever need one, and chances are, you will. Well knowing one can be done by finding one who can assist you in your first For-Sale-By-Owner transaction.
Most attorneys should be happy to answer basic questions over the phone, as well as look at your closing documents for under $300. They’ll give those documents far more scrutiny than any agent will, given that they do not have their fees contingent upon the sale actually closing. This can be invaluable if something is found, as it can potentially save tens of thousands of dollars. Don’t bother putting much trust in the title company, as they plan on blaming your agent if anything comes up, or worse yet, suing you.
While homes can certainly be bought and sold without an attorney, it’s often silly to lose the protection offered by having an attorney on such a huge transaction.