 Posted 7/22/2007 6:39:18 PM
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| I am doing FSBO for the first time, and I've been reading lots of books on the subject. I'm confused about whether or not I should have the offer agreement ready or if the buyer usually brings that with him/her when they approach me with an offer. I have all of the forms ready, but what is the custom?
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Posted 8/25/2007 9:17:14 AM
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| Jolynn - Get real! Have an offer ready? Hey, you are talking about selling some real estate, most likely for a wad of cash. Either get an agent or a real estate lawyer. Surely you were not considering writing a real estate contract on your dining room table? The lawyers will love that. Or were you going to buy a real estate contract at Office Depot., just as stoopid. Transferring real estate is not like selling a sofa at a yard sale. The legalities are mind boggling and extremely dangerous without professional guidance. Guess when you discover there's been a mistake made? When the process server hands you a lawsuit. Who is protecting your best interests? Somewhere along the line you really do need either a real estate broker or a lawyer. Hiring a real estate lawyer before the sale is a lot cheaper than hiring one after the sale and the lawsuit.
Marvin Shelley, Broker
Wesy Fork AR
(479)879-2989
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Posted 8/25/2007 12:30:20 PM
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I AM A FIRST TIMER ALSO, IS THIS A GOOD PROCESS? HAVE THE PRE-APPROVED BUYER VIEW THE HOUSE, THEN HAVE THEIR AGENT SUMMIT A WRITTEN OFFER/CONTRACT WITH A EARNEST MONEY DEPOSIT, ALSO ALLOWING THEM TO SET UP THE CLOSING.
WD]
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Posted 9/6/2007 8:53:50 AM
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| Shame, Shame on you Marvin for using this forum to intimidate and insult FSBO intelligence. The bitterness and condescending tone used by realtors is evident in your post. We have been contacted by an agent who under the pretext of wanting to help us sell our house is sending us flyers almost daily with topics such as the "9 deadly mistakes a seller can make". Her tactics to scare us into hiring a realtor borders on harrassment. Since almost everyone and their mother is now a "real estate agent", I think that if a seller does some research and gets some advice from the title company they might be just as well off. Just this week I learned that an acquaintance and my niece, neither of which I would even trust to go to the store for me, have both gotten their real estate license. Now that is scary.
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Posted 11/26/2007 5:18:29 PM
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| Marvin, Your response could have been a little less arrogant and rude. This is one of the reasons so many people are turning to the do it yourself method of FSBO. Realtors and brokers already get a bad rap along with car salespeople and insurance sales people without the help of comments like yours. If you are truly a broker this is not the way to promote the business of selling real estate. In addition, you may want to check your spelling in future the word is stupid and not stoopid! Cat Nass
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