06-25-2015, 03:05 PM
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Confirmed User
Industry Role:
Join Date: Feb 2010
Location: California
Posts: 3,068
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Quote:
Originally Posted by **********
It doesn't have to suck.
First, know the market. If house prices are falling and you're not in a rush, don't sell. If you want to sell, set your price and stick to it. Tell your realtor you're not interested in hearing from him or her unless the offer is legit and for your price or more.
Always use a realtor. The commission (usually about 4%) is entirely worth it.
Next where possible, sell your house "as is" without guarantees (roof, foundation, etc). You don't want the buyer to come back to you later complaining about a problem you didn't even know about.
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Some of those things you mentioned are illegal in different States. For example in Oregon and CA, it is illegal for an agent to hide/withhold an offer to the buyer even if the buyer specifically tells the agent "do not call me if the offer is too low". The seller's agent is required by law to present all offers to the seller.
As for the "as is" w/o guarantees, that is also something that is inconsistent with the vast majority of residential home sales. The standard property deed already includes numerous warranties in it. And most banks will not offer home loans on properties that are sold "as is". So good luck finding an agent who will market your house with an "as is" clause. |
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