Homestead mailing list

[C Russell <mtbetter AT yahoo.com>]

Hi Rob-

I don't know where you are in Florida, but here in
Tallahassee homes for sale by owner are being snatched
up as quickly as those listed with realtors.  Snatched
up,too, with incredible prices.  I hope you're able to
able to cash in on the artificially high prices and
cash out of the system!!

Cathy with, unfortunately, no house to sell in FL



--- Rob Walton <waltonrp AT bellsouth.net> wrote:
> Hey all,
> 
> Working feverishly here to get my city house on the
> market and sold. 
> Refinishing wood floors, crown molding, lots of
> projects getting 
> finished.
> 
> I spoke to a couple of real estate people that are
> local and not your 
> big real estate company corporate types. Liked them
> both. Both are 
> talking about a 3% commission, normal is 5 to 6%.
> The way houses are 
> selling here, I think that 3% is huge. It will work
> out to 9 to 12k.
> 
> The guy across the street closed on his house a few
> weeks ago, just put 
> a "For Sale By Owner" sign up. There were cars
> slowing down to look so 
> much that traffic was backed up. He got a good
> price.
> 
> My idea is to put up a By Owner sign, make a flyer
> that describes the 
> house to cut down on calls. I'll get a lawyer to
> help make sure I am 
> protected. Also put out a letter to all the local
> agents and let them 
> know that the house is for sale by owner and I am
> willing to work out a 
> commission with them if they bring me a buyer. I've
> heard that usually 
> in that situation a commission under 3% is the norm.
> 
> Anybody sold by owner? I hate this situation and
> just want it to be 
> over, but also realize that 1% of the sales price on
> this house might 
> put in a well on my country property.
> 
> Thanks and now back to work :>)
> 
> Rob in FL
> 
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