selling a house

@lucy02 (5017)
United States
January 24, 2007 9:35am CST
I have a house that I am going to sell. I had planned to use a real estate agent. There have been a few people shown interest in the house already. The father of one (also lives across the street from the house) advised me not to use a real estate agent but just use a lawyer to draw up the papers. Is this a good idea? Does the real estate agent serve any other purpose than finding a buyer?
2 people like this
4 responses
@Dolcerina (3380)
• Hungary
24 Jan 07
No, it only helps you to find a buyer. And it does the documents. You know I live in EU, but I sold my flat without agency. What's more I exchanged my flat. So I moved to the person's flat, who moved to my flat. We found a lawyer, who aranged the documents, and the offical things. I transfered the money directly to the seller. (I had a small flat, and I changed it to a bigger one) Good luck!
1 person likes this
@lucy02 (5017)
• United States
24 Jan 07
Thanks Dolcerina, I have never sold a house before and neither has my husband so I appreciate the input. There is a lawyer here that is a friend of my parents that probably would not charge me very much.
1 person likes this
@Dolcerina (3380)
• Hungary
24 Jan 07
He will be the best for you, if he has experiences in it. But to sell a house is not so complicated. Hopefully he would give the contract into the land registry too. How much is the tax if you sell a house in the USA?
1 person likes this
@Dolcerina (3380)
• Hungary
24 Jan 07
Anyway in my country the buyer pays the lawyer. (but it was the friend of the seller, so it was free for me )
1 person likes this
@villageanne (8579)
• United States
25 Jan 07
In our area, most people sell the homes themselves. We purchased our home from the seller. They had a sign in the yard. We called the number and made an appointment. We got our mortgage through Bank one and they took care of getting the appraiser, surveyer (spelling), attorney, etc. We, the buyer, paid for it all and the seller did not have to pay for anything.
@wmg2006 (5386)
• United States
2 Feb 07
I have sold a few homes and did the contract myself. You don't even need a lawyer if you know how to print fill in the blank documents. real estate agenies find buyers and help move the home at the price you are requesting. They also have an inhouse person who does the documents for you. They get a very hefty commission for doing this too. Save your money and do it yourself.
@lucy02 (5017)
• United States
2 Feb 07
Thanks, I've decided that is best since I already have a couple of people who may be interested in buying.
• United States
3 Feb 07
You should use a Realtor, which is a real estate licensee that is a member of a board of realtors. Realtors are held to a very high ethic by the state licensing agencies. They will market your property, handle all inquiries, qualify the buyers for motivation and ability to pay. They also will handle the contract presentation and review the fine print to make sure you are protected. rickweick@exitrealtycoastal.com