Money Matters
JuneMrs
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
If you sold your own house/condo/etc. tell me how you did it?
Any details or additional facts on where you started are appreciated!
Re: If you sold your own house/condo/etc. tell me how you did it?
Generally speaking the big-name companies tend to have a better access to marketing resources, but that doesn't isn't always the case and it doesn't necessarily mean that you should choose someone just based on what company they work for--if you get a good vibe from and agent at Mom-and-Pop Realty and you feel like they are a good fit for you, they seem knowledgeable, then go with them. A lot of agents have niche areas where they specialize in, and that can work in your favor because then you know someone who is familiar with all the trends and ins-and-outs of your particular market.
Also, just throwing this out there, but many agents will tell you exactly what you want to hear ("Sure, we can try listing it at $300K" when they know that price isn't reasonable for your area, etc. This in turn causes your home to remain on the market longer, and the longer a home sits there the less desirable it becomes to buyers. Your agent might recommend starting at a higher amount if you really think your home is worth is, but they should have some sort of long-term marketing plan if the home doesn't start to move in a reasonable time frame).
My personal opinion is that I want someone who is willing to be honest with me and who is going to tell me what I need to make my home sell and make that happen.
Good luck!
Even if you save money by not having a REA for yourself, you may still want to consider paying commission fees for any prospective buyer's REA. Most buyers have REAs and any REA will expect to be paid their commission. In many markets it is the seller who pays REA commissions.
People doing FBOs tend to overprice their homes....they simply don't have access to the most accurate pricing data to help them set a realistic asking price. Plus, they are so emotionally invested in the home that they tend to not be able to think objectively when setting prices.
Buyers are very educated these days and will know if a home is overpriced.
I have spent a lot of time researching homes and prices in our area. And plan on interviewing a few agents before. We also will not be going with our REA friend who helped us buy our house. It's just better to not mix personal with business sometimes.