POLL: Which would you do when selling your home?

Apr 30, 2024
11:13:57am

Pepe All-American

You are about to list your home and your neighbors submits an offer for 98.5% of the list price (same as the Zillow estimate). You are still living in the home. Which do you do?

This message has been modified

Originally posted on Apr 30, 2024 at 11:13:57am

Message modified by Pepe on Apr 30, 2024 at 11:14:42am

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Pepe

Bio page: Pepe
Joined: Dec 21, 2019
Last login: May 21, 2024
Total posts: 4,055 (1 FO)

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Messages

Author

Time

POLL: Which would you do when selling your home?

Pepe

Apr 30, 11:13am

Sell without listing and do FSBO. No need to get realtors involved.

fldnstrm

Apr 30, 11:15am

+1. You can hire a title company to do it all for far less. Heck, even lawyers

ebv

Apr 30, 11:18am

How do you hire a title co to do it all? Is it something included or extra?

homegrown

Apr 30, 1:12pm

We just contacted our local title company and they had a FSBO contract and instructions. They obviously make money

fldnstrm

Apr 30, 2:11pm

This. Any good title company will know exactly what to do and handle everything

ebv

Apr 30, 3:33pm

Sounds like you have used the wrong realtors in the past. In my experience I

andrewg3

Apr 30, 11:20am

No, you misunderstood. I was saying if the neighbor offered and you were going to sell it to them without listing there

fldnstrm

Apr 30, 11:23am

Sure, if you had already made the decision to sell to that neighbor. Then sure.

andrewg3

Apr 30, 11:24am

I updated my initial post to make that clarification.

fldnstrm

Apr 30, 11:27am

Not sure if I'd want to lose out on that extra $200K.

Ragnar Danneskjold

Apr 30, 11:15am

That a rounding error for some of us.

Pepe

Apr 30, 11:16am

What's $200k among neighbors?

RobAdams

Apr 30, 11:19am

Is this in Utah? For sure list on the market. In Utah right now, there is no

andrewg3

Apr 30, 11:19am

Why the thumbs down here? What did I say that you disagree with?

andrewg3

Apr 30, 11:26am

he is the neighbor.

BYUBuckeyeGoCougs

Apr 30, 11:50am

You appear to be defensive of realtors. CB hates realtors for obvious reasons.

KayakCoug

Apr 30, 12:02pm

A realtors job isn't to figure out what the highest price a house can sell for.

andrewg3

Apr 30, 2:54pm

It would depend on the current market. Most have cooled off, but yours might

Corn Pop

Apr 30, 11:22am

Don't trust Zillow, but look at other listings and if their offer is right there

Plato

Apr 30, 11:24am

Apparently CB is a risk-averse group. Nothing ventured, nothing gained, people.

andrewg3

Apr 30, 11:28am

It’s more a question of convenience. Keeping a house ready to show for a few

Pepe

Apr 30, 11:34am

We listed and sold our house when we had a two-week-old baby and two other kids

Tricky

Apr 30, 12:02pm

But is it worth tens of thousands of dollars?

Medute

Apr 30, 1:46pm

I would run comps in your area and look to see what sale prices have been. If

oryguncoug

Apr 30, 11:37am

With such low turnover the Zillow estimate is likely to be way off.

scottpete

Apr 30, 11:59am

I love transparency. Here is what I would do.

Medute

Apr 30, 12:13pm

Meant “easy” not busy when describing FSBO

Medute

Apr 30, 1:34pm

If you’re in Utah and your home’s worth $1million+ I’d probably sell to neighbor

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