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Old 07-27-2010, 08:08 AM   #21
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Originally Posted by Buckeye View Post
When we sold our house ourselves, the first thing we did was get a professional appraisal done.
Just curious - who did you use for the appraisal? I know banks do an appraisal pre-mortgage, but if you're just Joe Homeowner who would you call for something like that?

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Old 07-27-2010, 08:39 AM   #22
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Originally Posted by Buckeye View Post
Another place to go for a quick check of market value is
What a fantastic link! Thank you!

As a young potential home buyer. It's very odd looking at homes right now. I remember when my parents bought their home; they made a list of what was available; looked at them all, and chose one. My DF and I can drive around a neighborhood all day seeing new houses; meeting realtors. There are 100's of homes in our price range and in good neighborhoods. I say this just to communicate the buyers side.

You can sell the home yourself; but you won't have the benefit of a realtor website; neutral open houses (it's uncomfortable being shown the house by the owner; they are obviously partial), etc.

What would make us buy a home from the owner?
- Great Price
- Lots of paperwork to see (same as with a realtor)
- Well organized open house(s)
- Clearly marked property lines
- Flexibility
- Some type of visibility, either via a website or ? (we have to know the house is for sale without directly driving by it)

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Old 07-27-2010, 10:28 AM   #23
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Originally Posted by Coderguy View Post
You can sell the home yourself; but you won't have the benefit of a realtor website
We had our own website with our street address as the website address which we listed in our weekly newspaper ads and on our professional looking signage. We posted a virtual tour (done by a pro), tons of photos, and a spreadsheet showing total cost of ownership (utilities, taxes, insurance) on the website. We paid ($500) to be listed on, had open houses every weekend and would show the home with no notice.

All this stuff was helpful, but ultimately because were were realistic about what the house was worth, i.e. whatever someone will pay for it, we sold the house in about 4 months.

I used Google to start the search for a local appraiser that I felt comfortable with.
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Old 08-01-2010, 11:38 PM   #24
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When everything goes smoothly you don't need a realtor, however... I've bought 3 houses, sold 2. Nothing smooth, simple or on schedule in any of my experiences. The first was a true nightmare - thank god for my realtor. Went into contract, then legal issues w/ the title. Took 8 months to close (seller had to do some major legal work.) This in an on-fire market - the value of the house went up by at least $50,000 in those 8 months - the whole time the seller was trying to get out of the contract so she could list it at a higher price. But I am a pitbull at heart, and I had my teeth sunk into it. That poor realtor probably cleared $0.10 an hour when that deal was done.
So what is your karma like? I have good "money making" karma, but man do I have bad "easy buying and selling" karma.

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