Joined
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150 Posts
I am not familiar with the website but in general -
- if selling by owner you may not end up with more money than you would have selling by agent. You will not get the same activity from actual buyers and as a result will not get into the "auction" environment that agents try to create. Buyers usually do not buy the advertised property - agents advertise homes and hold open houses to attract buyers and then sell them something else. Buyers seek out for sale by owners because they expect to get a low price so offers can be lower too.
- if buying by owner without an agent you need to really do your home work as to what property values are as many selling by owner are overpriced. (many decide to sell themselves because agents have told them their home is worth less than what they think it is)
- if selling by owner you may not end up with more money than you would have selling by agent. You will not get the same activity from actual buyers and as a result will not get into the "auction" environment that agents try to create. Buyers usually do not buy the advertised property - agents advertise homes and hold open houses to attract buyers and then sell them something else. Buyers seek out for sale by owners because they expect to get a low price so offers can be lower too.
- if buying by owner without an agent you need to really do your home work as to what property values are as many selling by owner are overpriced. (many decide to sell themselves because agents have told them their home is worth less than what they think it is)
