- This topic has 5 replies, 3 voices, and was last updated 9 years, 1 month ago by Anonymous.
- May 6, 2011 at 7:28 am #207380AnonymousInactive
We are selling our home ourselves after terrible experiences with real estate agents. We believe a process whereby we ask each buyer to put in their highest offer, and then don’t give them a chance to up that offer if we get a higher offer from another buyer, will make each buyer offer the most they would straight off the bat, no negotiating back and forth. Does anyone know how to do this in a legal manner and what it would cost – is it called sale by tender? Thanks to anyone who helps!
- May 6, 2011 at 11:49 pm #264476AnonymousInactive
you don’t need a real estate agent to sell your house, you can do it yourself, in the u s anyway. all you need is an escrow co. the escrow or title company does all the work anyway. the real estate agent just finds you a buyer. and types up the offer papers. there is a place called
help-u-sell or zip realty you can use also. even if you sell it yourself
people are still going to want to haggle, no one wants to pay the asking price for anything. usually when an offer is signed you have 3 days to accept it or reject. if you don’t like the offer just tell them no. if you put an ad in the paper just put price firm, the terms you want and no counter
offers accepted. just make sure they have a good job and have a good lender and get at least 20% down payment. people are not as likely
to renege on a deal or walk away from it when they have put that
much up front. we used zip realty and were very happy with them
they are an on-line realty and don’t charge a commission just a flat rate according to price of house.
- May 31, 2011 at 2:02 pm #285345AnonymousInactive
My answer may be biased as I am a REALTOR,in Philly (Yeah the Phillie’s won) ,
Would need to know where you live , If you live in a big city , tender is not a problem, getting the Information to all the potential able and willing buyers is . In case of a small town that is the worst possible as it could lead to a case of Oligopoly and have you get low bids. to avoid that you could have a minimum Bid level. a Cutoff.
Or better still ask around from the people who have all ready bought or sold their houses in the last month ,on whom they recommend, No matter what you feel or think ,the best price 9 out of 10 times a REALTOR can get . Besides that there are a number of Papers and documents that one needs to fill out and one does not need to be a Lawyer or a Rocket scientist ,but one definitely needs to be trained. Also now a days the market is bad and that factor too could eb possible . Have you tried to drop your price to comparable properties around your area ?
- June 10, 2011 at 4:22 am #437266AnonymousInactive
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- June 10, 2011 at 4:22 am #437267AnonymousInactive
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- June 10, 2011 at 4:22 am #437268AnonymousInactive
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