How to Sell a House Without a Realtor

When my wife and I sold our first house, we had to decide if we were going to sell it for sale by owner, or use a realtor to sell the house. Ultimately, we decided to save money and sell the house ourselves.
Selling a house without a realtor wasn't as hard as it sounds. In this video, I go over the process step-by-step.
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Timestamps:
0:00 - Intro
2:25 - Fix up the house
4:13 - Comparable Market Analysis
6:30 - Stage the House
8:41 - Photography
10:17 - List/Market the House
13:16 - Dealing with Realtors
15:27 - Offers
17:00 - Inspection & Appraisal
18:44 - Title Company
19:22 - Closing
*******************************************
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[@BryceMatheson]

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[@joerice4390]

As a realtor, it is my experience that fsbos are either really good (about 10%.... because their either retired or a stay at home parent with hours and hours time to research), or their absolutely aweful because they are going in with the assumption that all you do is place a sign in your yard and I will sell my home for the same price as someone who does it everyday........ case study after case study shows that a realtor will sell your house for 4-7% higher.......there is a marketing strategy..... how do I know when it's appropriate to price slightly under the market to create bidding wars, or when I should price it a little above market....... how do you know by talking to a lender the likely hood of a loan closing....how do I know if I am dealing with a competent lender... How do I know the rare scenario which makes a loan offer better than a cash offer.......what are little legal conversations you can have with the appraiser to make sure your home appraises... what do the 400 different gar forms mean in a contract......How do I make sure I am asking enough earnest money... how long should I list this before I drop the price before it goes stale and gets me a lowball offer.... what is my marketing strategy....what should I fix...what shouldn't I fix to get the home ready...... How do I secure a backup offer so when I get asked for repairs during the inspection period, I can negotiate hard...when is it necessary to contribute to closing cost...when should I not.....the list is endless......the 7000 you saved assumes that your home would have sold for the same thing as it would have if listed by a professional who does it everyday........I agree a fsbo saves money if they hire an average realtor ........ but with a good one they will make thousands, and do none of the work........... And there plenty of tools data out there to analyze which realtor is good at his craft..

[@MichaelHenryGomes1]

Finally a instructional video, not done by a bias realtor

[@cort1234]

This dude is awful

[@naturadventur7425]

In my opinion the most important part about selling by yourself or using an agent is would an agent be able to sell your property for more than their commission. Agents say they can do a better marketing job, are better negotiators, etc, I don't believe it, they hire a photographer, write a short description of your house, put it on MLS and put a lockbox on your door. They don't show the property to potential buyers they usually never meet the buyers. You can do a better marketing job than an agent.

[@aufwiedersehen483]

plus if you're selling a high value place like a condo thats worth over 700k thats 42k pay out to the agent, in which i highly doubt listing it by yourself would have you spend over 42k.

[@naturadventur7425]

@@aufwiedersehen483 hire an agent to list it on the MLS, that can be as low as $100. Get professional pictures. Hire a lawyer to make sure all the paperwork is done correctly, even at $250.00 an hour you'll still save a lot of money compared to an agent fee, and I trust my lawyer a lot more than any agent. And offer normal commission to the buyer's agent.

[@kenrichmond6906]

Sellers should NEVER allow agents to use a lock box. That’s a lazy agent. If you’re paying them up to 6%, they or their representative should be present for showings. What happens even someone comes into your home, uses the toilet and it overflows and makes a mess, or does damage? You should have representation present at all times your home is open to others.

[@kenrichmond6906]

@@naturadventur7425yes! That’s the way to do it.

[@elainenj3188]

Well done! You have explained the process much clearer than another video I had watched. Thank you!

[@lakefamilyfarmaz4437]

Absolutely excellent! Thank you so much for being so organized and with such streamlined advice. I learned more in this one video thanks to your clarity than I have from dozens of others. You’ve given me hope that FSBO can be done.

[@BryceMatheson]

Glad to hear it!

[@andrewsokol2717]

Wow, this is an awesome video. I learned more watching this video than reading a couple books I bought about FSBO. I now feel ready to sell my house on my own. Thanks!

[@MyGreenNest]

This was a fantastic video thank you so much!!!! I’ll be listing my own house and making a video walkthrough to go on the listing page!

[@JAMIEANDSARAH]

Great video! This is very helpful info for saving on realtor commission(more profit). My wife and I are house flippers in Michigan and we are starting our own channel documenting our process!

[@andym1594]

House up the street did FSBO and got top dollar. It's a sellers market right now. If there is no inventory, they'll be lining up to show it. About 70% of the work described is cleaning up the house and making it pretty for the pictures and the showing. You have to do that with a realtor anyway.

[@Ryan-ud8tx]

This is exactly what I needed, thanks very much!

[@cristony71]

We are looking to sell our home our selves. Our recommendation are very clear and straight forward. Thank you!!!

[@lexvalishvili]

Appreciate it, man! Great video and everything is clear as day now!

[@BryceMatheson]

Glad you found it so helpful!

[@KasiJayPeil]

Thank you man! I needed these details!!

[@cloudlessrainvisions3264]

Great video! I was skeptical when I saw that channel doesn't specialize in real estate but this is a great video!

[@heathernicolerealestate]

Great advice on having a friend come in & critique the home! 😀👍

[@tesscot]

Massively helpful, thanks!

[@IramRolon]

😎 I appreciate all of the useful information you have provided. This video has shown to be an extremely helpful instrument. As much as it helped us, I hope it's beneficial to many others.

[@lauriebertrand9319]

Very helpful! Thank you!

[@nicoleofnowhere8842]

Thank you! So helpful and empowering. :)

[@10469]

We bought our summer home, when the sale was done the owner said he forget the rest of the keys. He said he would put them in the mail box the end of the day, I said sure no big deal. We went shopping for blowup beds and we were super excited.i went and bought locks as a backup if he didn’t drop them off.. guess what .. no keys so that night I changed the locks. We went back home came back the next week. Our neighbor told me who Changed the locks of the house? I said I did since I didn’t receive the keys.. she told me, oh cause the previous owners tried getting in to the house? I guess they wanted one last look?.. but that would be trust passing right ?They don’t own the house anymore.. moral of the story.. don’t trust anyone and always be ready.

[@user-ls3dd7pi9k]

They wanted to squat!

[@TopVillain]

Is the realtor going to clean your house? Stage your house? Give you an appraisal? Which is the buyers job. You ultimately have to negotiate the offer anyways. When I sold my house the realtors called me anyways because I was still living at the home. It’s easy to take photos or to hire someone and you can perform you own market analysis

[@wadecompton6611]

Excellent presentation. Thank you!

[@DocCinn]

Very helpful. Thank you.

[@ellac7688]

Excellent!!! Very helpful!!! Thank you!!!

[@JTrader904]

Thanks Bryce! This was a really great video and the information you shared was incredibly valuable. I also laughed at the comment about the stairs in the cell phone picture. I am doing my due diligence now and hope to list my home soon. Thanks again!

[@lennymarsidi2605]

Bryce, thank you for sharing your experience to us, it is very help full information for home owner who want to save some money on comission which is so much money to spend, even halve of it already help us save some money, love your video from California subsciber.

[@kenrichmond6906]

I sold a rental house to the renter. It was ridiculously simple. He had to do most of the leg work with his bank, an appraisal, etc. We picked a local attorney to handle the closing and it was done. Easiest process ever. Granted I had a buyer, but past that aspect of it, I can’t think it is as big of a deal as people make it out to be. If you know how to price it, you can list on the MLS with a service for a few hundred dollars. Advertise on Facebook also, and you will likely get a buyer. Past that, let the buyer deal with the bulk of the hassle.

[@user-ls3dd7pi9k]

I sold 3 rental houses. You can't compare that to selling your home.

[@ljtirado8107]

Thank you!! this was great!!!! 👍

[@BryceMatheson]

LJ Tirado Glad you found it so useful!

[@sethdetwiler2945]

Very impressed. Subscribed.

[@hagar2167]

Very good, and I mean REALLY well done.

[@dcummins11]

When you’re researching this and find out you live in the same place. Bonus! I might have to have you help me :)

[@tyjameson7404]

Bryce cracks me up !! His humor is so cool!! Stairs and a fish 🐠 tank 😂👍🏼🙌🏼🤩👌😆

[@bootburner4544]

You must be a hoot at parties! 🤣

[@HottgirlzinMiami]

The lock box is a great idea showing up with agents

[@00godlovesus]

your a legend chief:) thank you

[@TiberiusGracchus123]

Great info. Do you recommend hiring an attorney to review the sales contract, etc.?

[@lisacarr8779]

Your video is very informing. I took notes and can't wait to list is as "For Sale by Owner". Thank you.

[@adammeza7105]

Hi just curious did you end up selling?

[@luluedw]

Great video straight to the point 👏🏾 My question is in reference to my specific situation. I want to sell my home in a very popular area “as-is”. I know I need to get CMAs from multiple realtors but should I list to sell or just fold to the investors in the area since I dont want to update the kitchen and floors? House was built in 2005 and the roof has been replaced-average wear and tear

[@psychicstylist]

I personally would get an appraisal for your house first, then once you see how much your house is truly worth then you can decide if it’s best to sell to an investor or still hope to sell as is. Just what I would do- Hope that made sense!

[@ralphd9753]

Excellent!

[@willie90210]

Bryce, thank you for your video. How do you handle the disclosure process?

[@BryceMatheson]

That’s all included with the FSBO documentation you get from the title company.

[@depravityofman]

I was wondering do I need to hire a realtor attorney to go over the paper work? Before or when I go to a title company to sign all the paper work to look everything over first? I purchase some land two years ago. And I paid a lot for it for my area. I though about selling off one acre that I really don't need. The money would help pay towards a bank loan on building my new home. But I would half to pay for a land survey to replant the land. Then I would need to pay a company to put up another fence to divide the property at 451 feet long. Then pay to have a section of the metal pipe fence cut out to install a driveway with a inlet. It seems I would half to sell the one acre for a lot more then what I paid for a acre. Just to cover my extra cost. And if I hired a realtor agent to sell the property for me vs. FSBO. I would even need to raise my asking price even higher to pay for the commission. I been watching other video's about hiring a realtor attorney to protect myself. Then I still would half to pay the 3% realtor fee if the buyer has their own agent. So it makes me wonder how much am I really saving by not paying the extra 3% to a seller realtor agent. If I half to hire a realtor attorney.

[@loficowboys]

Great video thanks! Question how do you authenticate a perspective buyers realtor before giving access to home?

[@xietimmy]

We asked for realtors to send a picture of their business card. In return we gave showing instructions. We also bought a ring camera and security camera so we could always see who was visiting the property.

[@RyanGiffin]

I’ve been able to stay away from realtors. I can’t handle the cold 🥶, I moved from South Florida for a few years, I hate going days even weeks without seeing the sun. Great tips as usual.

[@kimrobb1965]

I think this definitely depends on if it’s a seller or buyer market also

[@kcsumy]

Thanks for sharing its very helpful! I have a question… what if you want to put the moving out date in terms? I mean for example if you want to move out only after two months, the house sells! for sellers own personal reason? Thank you

[@missnickelbee7789]

examples of the emails, paperwork, and legal documentation, and how its written is what i was hoping for...

[@Yuliana_lisova]

Thank you ❤

[@DavidSanchez-zj1te]

Thank you so much for the advice! Quick question, you said the seller usually pays the fees for the realtor and a realtor will probably bypass a fsbo house because it won't make them any money. In your experience, did you make a verbal agreement with the buyer's realtor and if so, how do you decide what ia a fair compensation for the buyer's realtor? Thanks for reading

[@BryceMatheson]

Hi David. Great question! Industry standard is 6%. That means that the owner of the home will pay 6% commission to the realtors -- 3% to your agent, and 3% to the agent who brings the buyer. If you decide to sell the home without a realtor, it's still good practice to pay the other realtor their 3% commission, otherwise they'll skip over your house and won't show it to their clients. You can typically advertise this by saying something along the lines of "BUYERS AGENT WELCOME" in your listing.

[@bootburner4544]

You can offer to pay the buyer's agent less than the 3%. I have sold multiple properties where I had my agent take a lower fee for selling e.g. 1.5-2% and offered the buyer's agent 2%. So he's not correct in telling everyone they have to offer the full 3% to the buyer's agent. If you go lower than 2% in a hot market, with lot's of inventory, then the buyer's agent are more likely to steer their clients to other properties that pay a higher commission than yours.

[@tracycoultas7548]

Thanks for the video. Great content! I have my first FSBO almost ready for market and the home is empty. Do you think it is worth the cost to stage it? Any input is appreciated

[@domINkl]

I would have said "no". but how did it go?

[@xietimmy]

Hi Tracy, in my home sale, we spent about $10k on furniture with the idea that we would at least keep half of it for our new home and felt like it was worth it. What would've felt like a big empty box, the house with staging really helped people imaging themselves living there and feel the flow of the home. We were able to get an offer $35k over asking and felt like without staging, and we felt like it was largely due to the buyers being able to envision themselves in it.

[@justintaylor-moneymindset4073]

This is awesome man! I’ve never bought or sold a house but I’ve always wondered if realtors really “earn” the money that they get. I don’t know if I’d personally feel comfortable doing it all myself but I will say that with some of the new technology and apps out there aimed at replacing realtors... I think it’s definitely a profession and industry that could be turned completely upside down

[@kimberlysmith3379]

what apps??

[@steveh7108]

Realtors should have disappeared with the buggy Whip and the typewriter as soon as the evolution of the internet came about. Why does anyone think it should be any more different than selling a car or anything else. Keep the agreement/ contract simple clear and to the point and get it notarized. Realtors in banks are simply thieves that overcomplicated in order to pad their own pockets.

[@hanspeterson9784]

When you get to the signing of the "Purchase & Sales Agreement" and later do you suggest hiring a real estate attorney? Also, how do you make sure you include everything on the seller disclosure document? Thank you!

[@ErickHernandez-qm6wi]

Call a local Title agency i did and they said they can even review the contract with me before signing if i close with them

[@dr.heatherbrown2774]

Great information. Thank you. I have questions. When you talk about inspections/appraisals, who handles that? Is it the buyers responsibility? And the Title company, who handles that if the person buying from you doesn't have a realtor either? And the closing...if both a parties are not represented by a realtor?

[@bunnyman6321]

You figured it out yet?

[@debbieh6683]

Good Information. Thank you. Who usually pays the title company?

[@toddshumaker2715]

Where would you recommend a first time FSBO obtain the required contract forms? Thanks!

[@BryceMatheson]

Todd Shumaker Any title company. They’re free.

[@gruivis]

Excellent video, thank you! How do you recommend handling a showing where the buyer is not represented?

[@BryceMatheson]

You can work it out between you and them. I've shown the house personally to people who don't have a realtor representing them.

[@drpando]

Very excellent video, but I do have questions. How many hours (actual time spent on the phone, driving to appointments, researching comps, showing the house, responding-to/sending emails, etc. etc.) did you actually spend doing this as a FSBO?? Also, taking into account that a US work week is 40-hours (8 hours a day), how many hours per week away from your job (playing job hooky) did you actually use for the entire process? Even a single hour doing ANYTHING other than your paid day-job is stressful to hide from your employer (and you have to do this because realestate activities mostly all happen during business hours). So, if your total hours doing it FSBO-style takes a total of about 40 hours in actual effort, the commission savings is a big win, but If you're talking about 160 hours (1 month's worth of 9-5 work hours), and taking a big chance that something big is going to get screwed up, that's a different thing. I like your idea very much, and I don't want to use a real estate agent, but what if the mistake I might make is more expensive than the real-estate commission?? What were the real hours for your all-in actual effort?

[@kathygann7632]

My realtor want half my year’s salary.

[@qwertyqaz2227]

Did you put it on the MLS? If not, why not? You listed a bunch of sites that you put it on and I wouldn't know how to get it on any of those. If it goes on the MLS does it automatically wind up on all of those as well?

[@nancyesposito1020]

Very helpful video! Thank you so much. Can I just ask you do you need a lawyer at any point to process the documents or does the title company pretty much walk you through it? Thanks again!

[@KZ3W]

Was wondering the same thing . Any info appreciated .

[@JSCimmo]

@@KZ3W You have a lawyer to check your seller's discloser documents to the buyers and to check your purchase agreements before you accept or counter them. (Before you sign anything).

[@jackiecarroll4490]

Hi, What is the standard fee for the title company? seems like they do most of the paper work?

[@nancyhurtado7491]

Purchase and sale agreement. Is the title company gonna facilitate de paperwork? And is escrow and title company two separate things?

[@willyquiles8421]

Pretty good video i will try to FSBO my house

[@peachpink4900]

What photography do you recommend Thank you

[@ashgrace3418]

How’s it go for your parents for your parents in WA ? We are considering in WA too

[@GabrielGonzalez-ge5ki]

Hi there, I have someone interested in buying my house because they bought the land behind my house. They will be paying me without financing with a bank but I still owe money on my house. How would that process work?

[@donnagervason9299]

My neighbor wants to buy my house. Anything in particular I should be aware of or steps I can skip. Thanks Donna

[@roberto0612fcb]

Where do I get the "purchase and sale agreement" document?

[@nevenslordeus3493]

Hey Bryce I got a question so I want to sell a small cafe in a very small town in the Dakota but the property isn’t mine the seller wants me to sell it for them and has given me the deed to the property and I’m also not a realtor so how do I go about selling ?

[@ncheelz4life]

When you call around for CMA’s what should I expect? Do you think they will have to visit your property. I’m interested in selling and would like a little more detail in this, thank you and nice video!

[@mikeh6448]

Where did you list it? Also did you pay the 3.5% buyers realtor commission?

[@tanyanickerson4006]

So do I have to pay buyers agent?

[@Anna-pg8hw]

Would you recommend bringing an appraiser to see the value of your home. Or would you just average out the cma?

[@BryceMatheson]

Appraisers cost money. CMAs are free. Don’t pay for an appraisal, as the buyer’s bank will take care of the appraisal during the loan process.

[@Anna-pg8hw]

@@BryceMatheson thank you

[@Rodrickwt0]

Hey man, did you go through the buyers title company or did you find your own title company?

[@BryceMatheson]

It’s customary to use the sellers title company. But if the buyers really want to use theirs, that’s fine too. Title companies will try to convince you otherwise, but to me, they’re pretty much all the same.

[@chuckhough]

2:35, my wife and I both cackled out loud! hahaha

[@drsierra1]

SO, how do I get my house listed in MLS system, either zillow, realtor, trulia etc.

[@goodkarma1903]

Who did you use for photography? Thank you

[@BryceMatheson]

I just hired someone local. Google real estate photographers.

[@lennymarsidi2605]

I am selling my house FSBO, if the tenant or friend want to buy my house and agree to the price, mean I have the buyer already, what I should do to prosses and take care the closing, do I ho yo Escrow company and pay them for the work done is this a right thing to do?

[@thomasreto2997]

Excellent explanation of the process. As a seller representing yourself dealing with the buyers agent, “Should I require the potential buyer making an intitial offer that I feel is respectful, a good faith deposit of say $1200 into my bank account to more or less confirm that it is, indeed, in good faith?……also……What should be a reasonable time frame to allow haggling over sale price?”…..and……”If we fail to reach an agreement, am I punished by this failure being recorded on the MLS?

[@xingxu8566]

Love your video! What percentage of commissions is reasonable for buyer agent? 2%, 2.5%, or fixed fees?

[@AF_2032]

3%

[@adamskinner7853]

If their agent will charge us 3%, and if we choose a realtor at 6%, and that includes their 3%, are we basically only paying our realtor 3%? Sorry if this is a dumb question, I’m wanting to get my house on the market asap, still deciding which route to take.

[@yangou1635]

Thanks for the video. Where can I get the seller property questionnaire and TDS for California? We’re currently also trying FSBO and we had an agent with an interested buyer contact us but he was strongly against using his forms.

[@BryceMatheson]

Jiangyun Ouyang You can contact a title company for most of the paperwork.

[@yangou1635]

Bryce Matheson thank you

[@lindaowens65]

We're selling a house that we just bought to our son for the price that we bought it for and he's paying cash when he sells his house. Where do we get the paper work for the sale and can we take it to the title company ourselves? We're in Washington State.

[@tiffanycontreras6614]

My home is 27 acres in WA but the septic and the house is not permitted, So the buyer will have to be a cash buyer... is this still just as easy

[@nicolewilburn9404]

Do you recommend paying a flat fee listing website to be listed on the mls or do you find enough buyers just by listing yourself on zillow, realtor.com and trulia?

[@BryceMatheson]

In my experience, paying the $400 to get listed on the MLS is WELL worth it. It really just gives you the exposure you wouldn't have otherwise. "FSBO" listings are typically known to be uneducated people, and come off as "cheap". By listing on the MLS, you can help avoid a lot of that.

[@nicolewilburn9404]

@@BryceMatheson great thank you! Do you know of any flat fee websites that give you a home comparable analysis?

[@flyguy5606]

Did that workout for you?

[@flyguy5606]

@@BryceMatheson did that workout for you?

[@alicex6825]

Great detailed video! Thanks! But I still have a question. I heard about realtor listings won't list your name and contact info publicly. Only list contact info of the "seller realtor" who sent from realty and present you. The question is, how the buyer realtor contact to you directly? What if the "seller agent" won't take phone calls or try to lead the buyer realtor to their own listing which provides him/her full commission? For my understanding is that you only pay $400 for listing fees so the "seller realtor" won't get paid so why he/she would take phone calls for you?

[@BryceMatheson]

When you sell a house by owner, YOU are in charge of the entire listing. So you can plainly put your contact info directly in the listing, so the buyers agent can contact you. As long as you're offering a 3% commission (which we are, to the buyers agent), they won't make any more or less from your listing than any other listing. As long as you pay them their normal amount, they'll happily show your home to their client.

[@alicex6825]

@@BryceMatheson thank you Bryce for the quick response! I am really appreciate! However, it seems not work like that in BC Canada. I talked to the realtor for sale by owner ( only one realty deal this so far for my searching). He said only the realtor name and phone number show on the front listing page. Not sure if I can put my info on the listing description page which buyer usually don't look at for contacting. I can customize the sale sign with my name and phone number to post in front of my house. I wish I could put my name online listing front page so buyer can contact to me directly. I would love to pay 3% for the buyer realtor for sure.

[@elizabethrichards168]

Hi Bryce, hope you are doing great. Thanks for such a helpful video, question. What is the compensation to the buyer's agent that helps you to sell the house?

[@BryceMatheson]

Typically 3%.

[@garthalamu1]

Garth Kennewick WA, such a great video, so do you still pay the buyers realtor? I think I love you. 😘

[@BryceMatheson]

Oh, Garthy-poo. You are truly a gem. (And yes, we will offer anywhere between 2-3% for a buyers agent commission.)

[@autumnrush2430]

10:23 Great helpful video! My question is what do you offer to compensate the buyers agent for being buyers to your home?

[@jerryharanczyk]

I believe it's 3%, which is lot of money

[@sbmart5929]

For 500k + homes, I see more listings noting that the buyer’s agent will get a 2.5% fee.

[@chrisdixonstudios]

What about contingencies and deposits? Might be a great followup video!

[@hd4100]

How much $$ do you give the buyer’s realtor and how is that done?

[@butcher4951]

I'm in process of selling my first house.we had a rent to own contract till they were able to get a loan or after 3 yrs.now she can get a loan and I'm confused one what I need to do to finish on my end??? Do I need to go to my title company just sign papers to them or is there more to it??

[@luish6858]

Thank for the video. I'm currently selling FSBO. I have watched and followed the most important steps to a successful FSBO from videos like yours. We are starting to get actual realtors and buyers coming to see the house (well two thus far). We are receiving great feedback and hopefully an offer is made. My question is once an offered is made due you recommend having it looked at by a real estate attorney? Do you recommend that I choose a title company to work with?

[@BryceMatheson]

Great question. Personally, we've never used a real estate attorney on any of our FSBO listings. As I mentioned in the video, a lot of realtors are going to try and scare you saying that you could be liable/sued, all this stuff, yadah yadah. For peace of mind, sure, but I don't think it's really necessary. In my opinion, Title Companies are pretty much all the same. You can recommend one, but likely the buyers agent will probably choose. Doesn't matter much in my mind.

[@luish6858]

@@BryceMatheson Thank you.

[@adammeza7105]

I'd say go for it it wouldn't hurt

[@BrandonTramel]

@@BryceMatheson hey Bryce, I'm all about saving money. You said you never deal with a real estate attorney. What part of the process did you do on your own that otherwise the real estate attorney would've done for you?

[@terrysparks7968]

Question is. Who comes up with the purchase agreement if no realtor for either party?

[@BryceMatheson]

Terry Sparks Easy. You do with the buyer. Go down to the title company and get a FSBO packet. You guys both decide, then both sign. Title company does the rest.

[@hallhv01]

I tried to buy a "for sale by owner" house. I agreed to pay their real estate fees for my realtor. They were a pain. The house failed some really major inspection stuff, they refused to fix critical stuff. We walked away. They'll need to disclose it now to future buyers. They made a ton of mistakes. Been on the market a year in a hot market.

[@acemany1126]

She's a keeper if she help you fix up the whole house bruh!!

[@MichellePollock42]

Great job! Thank you.

[@aufwiedersehen483]

very good take away from this, is spend the time organizing everything piece by piece and it'll feels less intimidating. I'm soon to be a FSBO. this was a very helpful video. thank you.

[@vonlangenstudios8225]

Would you ever talk with a realtor about doing your MLS listing? Maybe they would do it for a few hundred bucks, and think that if it doesn't work out then you can "hire" them to sell it. Also did you neg the buyer's agent's commission? I heard that a lot of times you can offer between 2-2.5%. Would it be a good idea to put in the listing "Buyers agent welcome, 2.5% commission?

[@BryceMatheson]

There are realtors out there who will list for you for a few hundred dollars, but many times they'll feel jipped and that they're worth more.

[@alejandromorales5822]

Great video, thanks. How much did you pay to the title company? Do I need a lawyer or just the title company?

[@BryceMatheson]

Just a title company. All you pay the title company is for the title insurance. And also some recording fees and doc prep fees, some of which get passed through to the county.

[@OneNationUnderGod.]

So if you're doing the sale to a family member and there's no inspections or agents involved do you just go straight to the title company? The seller still has a mortgage on the house and is much less than the agreed sale price, there's no liens on the property other than the mortgage. The buyer has a down payment of over 30% so there's no issue with financing or mortgage insurance. Thanks for any advice

[@BryceMatheson]

Yup, exactly. As long as the buyer has financing, you'll both go to the title company, sign the paperwork, and then you can do the transaction without any realtors to save both sides some money.

[@DARKLYLIT]

Thanks for the great vid. Quick question. I am selling my parent's home and have 2 potential buyers interested. There's no need to show the house to Realtors or even inivolve them but one of the interested parties might want to use a Realtor. The house is in a very desirable area and, though it is 53 years old, will likely sell easily. Would you accept losing the 2-3% if a buyer wants to use his/her Realtor?

[@BryceMatheson]

Absolutely. Unfortunately, it's just the cost of doing business in the real estate industry. Losing 3% is better than losing 6%. Obviously, if you can avoid realtors altogether, even better, but you'll probably have to pay 3% minimum.

[@bootburner4544]

@@BryceMatheson I think you meant to say "you'll probably have to pay 3% *maximum* ". Why would you want to pay the buyer's agent more than the standard 3%?? Also, many times you can pay the buyer's agent less than the 3%. I have sold multiple properties where I had my agent take a lower fee for selling e.g. 1.5-2% and offered the buyers agent 2%. So you're not correct on telling everyone they have to offer the full 3%.

[@kimberlysmith3379]

Aren't there forms and documents we need to obtain? Where do we get them??

[@BryceMatheson]

Title Company for free