Quote Originally Posted by Freedom
Do you have Help U Sell in your area? That may be one way to increase your profit but have a realtor guiding you.

In this area, it is common to have a realtor AND an attorney involved in any real estate sale. So if you did the selling yourself, you would end up with a slightly higher attorney fee as you would be relying on that professional more. I've heard that some areas of the country, you only need a realtor and no attorney at all. I don't know how you would get extra support in such a case.

There are certain things which MUST be disclosed; and if you don't make the proper disclosure, you are potentially liable to the buyer for 3 years (or maybe even longer) after the sale. There are many ways to write up "we had termites." Not all of them sound bold, blunt and ready to sink the sale.

Also, is this the only real estate you have ever purchased? It is a stessful time, selling and /or buying. Taking on the added burden may not be something you eally want to take on?

That's about all I can offer for help just now.
I don't know....I am starting to lean more towards letting a real estate agent do the whole thing. The more I've read up on it, the more of a headache it sounds like. I think we might be able to make a bit more $$ if we sold it ourselves, but it's an awful lot of work. I don't know if we'll get much on the house, because this street and area just had a MAJOR flood, thank goodness only 2 houses on the street were destroyed, but our house was so close to being flooded, it might scare off potential buyers. We did have the ugly carpet ripped up and hardwood treated, and we only got around to painting 2 rooms before money ran out, so we might get a small profit...or we might break even since the major flood may have scared sellers. I guess we'll see...we still have some research to do. Monday I'm calling a Real Estate agent just to get the ball rolling and see what they say.