Hi all, I'm going to sell my current primary residence in 2015. I already own my next primary residence and will be living there full time when I retire in January 2016.
My primary residence is a modest rambler in a small town. It will sell relatively quickly if priced reasonably. I'd be happy walking away with $125,000. I've got a buyer interested and would like to sell it to him privately, I really don't want to list it with a realtor - privacy has a value to me. I like the potential buyer and they're willing to be flexible with the current condition of the house closing date.
I don't know how to price it. Should I hire an appraiser ? I'm not going to ask a realtor to price it for me and then turn around and sell it privately, that wouldn't be fair to the realtor. But at the same time I don't want to add 6% to the price of the house for putting a price on it and handling the paperwork.
Do realtors work on a fee basis or smaller commission in a situation like this ? I don't expect to get their service for free.
My primary residence is a modest rambler in a small town. It will sell relatively quickly if priced reasonably. I'd be happy walking away with $125,000. I've got a buyer interested and would like to sell it to him privately, I really don't want to list it with a realtor - privacy has a value to me. I like the potential buyer and they're willing to be flexible with the current condition of the house closing date.
I don't know how to price it. Should I hire an appraiser ? I'm not going to ask a realtor to price it for me and then turn around and sell it privately, that wouldn't be fair to the realtor. But at the same time I don't want to add 6% to the price of the house for putting a price on it and handling the paperwork.
Do realtors work on a fee basis or smaller commission in a situation like this ? I don't expect to get their service for free.