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Old 06-30-2015, 12:49 PM   #21
Thinks s/he gets paid by the post
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Join Date: Feb 2007
Posts: 2,553
Originally Posted by RockyMtn View Post
Have done FSBO before and all of the showings are a hassle. I know the value of the house based on recent comps (44 homes in subdivision that are all basically exact same sf and floor plans). I will be happy with my reserve price as it will be set such that I will still be ahead of what I would clear with a realtor commission involved.

I am looking for quick sale (will require significant earnest money as part of the bid) and low hassle level (showings, etc). Seems to me the sealed bid with reserve price provides for that. If it works fine, if not what have I lost?

Thanks to all for their comments/suggestions. The bidding will start in September and will let you know how it goes.
Sounds like you will be happy with the end result and that's all that matters, I'm certainly on board with the low hassle level! Do keep us informed, I'm curious how many of the 5 parties will put in a bid.

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