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Jun 22, 2012 11:53AM
FSBO listings aren't necessarily priced higher although real estate agents always want you to think that. The advantage to a seller is that they can list the house at the same price but keep more of the money after a sale for themselves. Doesn't seem too unrealistic to me.
Jun 21, 2012 7:48PM
Not all Realtors only think of their commission, I always have put my clients first and I think you could speak with all of them which is well over 1000 since I have been in business and I don't think there would be many that were not 100% pleased with my service. I am certainly not saying that there are not bad Realtors out there as I too have to work with them everyday, but my thoughts are if you are not happy with the professional you hired, FIRE them and find one that you feel is working for you.
May 19, 2012 9:01PM
This means don't lie to me, you will get in trouble that way!
May 19, 2012 1:09PM
That, of course, is if you WANT a modern, up-to-date home.  There are plenty of people who go to a lot of trouble to restore a home to its original period decor; it's why reproduction appliances and furniture is a booming business.
Feb 11, 2012 6:57PM

Most realtors are not trying to help anyone but themselves. They will try to talk you down on an asking price because to them and their commission it's only a few hundred dollars while to you it's thousands.
In my expierience and as far as i'm concerned, realtors and politicians are two of a kind. They will tell you whatever they think you want to hear or whatever is necessary, including outright lies, to make a sale or get elected. Sad but true.
Don't get me started on the whole "Home inspection" scam. Most of those companies are totally clueless or just don't care about anything but getting their checks.

Feb 11, 2012 1:39PM
My three sisters have all sold their homes by themselves. Our niece sold her condo within 3 days by just hanging up a sign. Real estate agents were offered a flat fee if they brought in a buyer.. The agents that came with clients bad mouthed the condo with lies about leaking roofs and poor quality. construction. They did nothing but discourage buyers! My husband and I have bought and sold 3 homes and have absolutely no respect for the agents we worked with. Our last agent bragged about his commission and his multi million dollar home.
Dec 9, 2010 6:10AM

When we purchased our home the realtor quoted the deed restrictions which was a great selling point. In San Jacinto County, Texas, the deed restrictions do not seem to be worth the paper they are written on in the 258th district court of law.

Dec 9, 2010 5:28AM
I know some of you are saying that FSBO is easy. But it depends on the market and the economy in the area that you are selling. We sold our home last year in 2009 by using a Realtor. Everyone knows that 2009 was a horrific market (and it still is)! It took a year and 4 months to sell. and they advertised like crazy. We had well over 100 showings. But our home had lots of cosmetic issues that we couldnt do anything about (unless we put ourselves in debt by hiring contractors). We just needed a buyer that would look over these flaws and buy the house, but that was SO HARD to find! I am 100% convinced that we would have never sold our home on our own. So I am just saying that FSBO is definitely not for every situation.
Dec 9, 2010 4:37AM
Regarding FSBO, the article says that without a realtor you will be dealing with the sellers unrealistic expectations, well, we sold FSBO on Craigslist, but we researched ahead of time to price right.  We had a realtor tell us that our price should not be discounted for any reason and we received a full price offer.  Now with the shoe on the other foot, trying to buy, we are finding that even with a realtor involved in selling a home, the homeowners still have unrealistic expectations and will not sell for the price their home is appraised at.  So it works both ways and either the realtors allow the seller to continue with unrealistic expectations or they can't covince their sellers otherwise.
Dec 9, 2010 4:10AM
I have been in the purchase mode for awhile for property in Missouri, the 'buzzwords' for rural land are now: back to a natural state for land gone too far fallow, or excellent hunting ground for land the scrub brush has overtaken, or prime recreational ground for a old farm someone paid way too much for did too little to maintain and now expects a profit for doing nothing but owning it.
Dec 9, 2010 2:05AM
I agree with Porvavor. We have sold 2 homes "By Owner" and it was relatively easy with a little online research. The article paints with a broad brush in stating that FSBO folks have unrealistic expectations and need an agent to temper them. In our case, the reverse was true. We researched the market and actually chose to underprice our properties, sharing some of the savings of no realtor fees with the buyers. We did this to sell our homes quickly, and it worked. Both sold in less than 2 weeks. Also, we have sold with realtors as well. Two were excellent and one wanted us to underprice our property. In that instance, we insisted the price be higher by $25,000 - and the house still sold within 2 HOURS of hitting the MLS on an Easter morning. Real estate agents are motivated to get their commission, not necessarily to serve the seller. Anyone who has ever listed with an agent, and then had the agent do nothing (no open houses, flyers or tours) but collect the commission when the house sold itself, knows just what I'm talking about. The buyer is held hostage by the listing agreement while the house ages on the market. Now, we only sell through an agent when it is a "company move" and the company, not us, is not paying the agent's fees.
Nov 29, 2010 4:52AM
I love how this article calls For Sale by Owner a bad thing!  Must have been written by a real estate person who cannot handle the fact that it is very easy to sell your house on your own.  My husband and I have sold four.   We knew what our houses could sell for and did not want to take a chunk out of that for someone else.  All the same information they find is available to you on the Internet.  You can research what "comps" (comparable homes) sold for, what the neighborhood is like, taxes in the area, etc.  And you can find houses on your own too.  Every house we have bought, we searched for and found on our own.  Just takes a little research on your own. 
Nov 28, 2010 8:40AM

Wow....MSN Real Estate has become about as reliable as an infomercial. Shame on you MSN for tainting the Real Estate industry in allowing such exaggerated reporting and to the Real Estate agents who participated (I noticed they had "Honorable" mentions).  Maybe your next article should be "How to Find an Ethical Realtor".  I promise, we're out there and we know how to spot misleading verbiage and unethical listing/buyer agents.  Leaving on a good note, I did agree with the FSBO portion, that was quite acurate.

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