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Old 05-19-2013, 07:54 AM
 
Location: pacific northwest
419 posts, read 528,881 times
Reputation: 265

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Like everyone we want to sell our home. and like many if we hire a RE agent to sell we would not be able to pay off our mortgage when sold. Most in this area charge 6% last I knew.

So, I wonder if hiring a RE attorney and having him help us through the process with how to do it legally would be good. I know nothing about selling a home.
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Old 05-19-2013, 08:29 AM
 
Location: DFW - Coppell / Las Colinas
29,079 posts, read 33,400,999 times
Reputation: 34464
A RE Attorney will know the contracts but will not help you through the other things we do like pricing, marketing, negotiating the offers, inspections, repairs.

If you can do those items then you're OK.
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Old 05-19-2013, 09:05 AM
 
Location: The Triad (NC)
25,772 posts, read 55,546,227 times
Reputation: 27283
Do you live in a cookie cutter development where every other house is *just like yours*?
With a fair number of them always for sale so a fair bit of viable buyer traffic always flows through?

Is there ANYTHING about your house of property that will get gigged on FHA inspection?
Can you help a clueless young couple with marginal income/credit/cash get their financing?
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Old 05-19-2013, 09:29 AM
Status: "It's summer!" (set 5 days ago)
 
Location: Asheville, NC
11,290 posts, read 25,071,005 times
Reputation: 4054
My question is does the seller or the buyer pay for the attorney?
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Old 05-19-2013, 09:40 AM
 
Location: pacific northwest
419 posts, read 528,881 times
Reputation: 265
I expect to pay for the attorney since I am the one selling it.
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Old 05-19-2013, 09:42 AM
 
Location: pacific northwest
419 posts, read 528,881 times
Reputation: 265
Quote:
Originally Posted by MrRational View Post
Do you live in a cookie cutter development where every other house is *just like yours*?
With a fair number of them always for sale so a fair bit of viable buyer traffic always flows through?

Is there ANYTHING about your house of property that will get gigged on FHA inspection?
Can you help a clueless young couple with marginal income/credit/cash get their financing?
Yes cookie cutter. No, nothing about our house will get gigged by FHA inspection.

No, will not help with financing. That is the responsibility of buyer.
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Old 05-19-2013, 09:52 AM
 
Location: The Berk in Denver, CO USA
12,746 posts, read 17,928,145 times
Reputation: 19318
Are you willing to pay a buyer's agent co-op commission of 2.8-3.0% ?
Have talked with a flat-fee selling agent?
90% of home buyers start online. Do you have the expertise to post your house on: Zillow, in the MLS, on Trulia, etc?
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Old 05-19-2013, 10:04 AM
 
Location: Salem, OR
13,642 posts, read 30,841,713 times
Reputation: 11848
You can hire an attorney to help you with the contracts, but they don't know anything about the other stuff.

Why don't you see if you can find a real estate consultant? They do hourly rates and maybe that would work for you.

There is the International Association of Real Estate Consultants and you can also type in "hourly rates real estate agent your city" and see if any agents come up.
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Old 05-19-2013, 11:20 AM
 
Location: pacific northwest
419 posts, read 528,881 times
Reputation: 265
Quote:
Originally Posted by Silverfall View Post
You can hire an attorney to help you with the contracts, but they don't know anything about the other stuff.

Why don't you see if you can find a real estate consultant? They do hourly rates and maybe that would work for you.

There is the International Association of Real Estate Consultants and you can also type in "hourly rates real estate agent your city" and see if any agents come up.
Thank you for this info.
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Old 05-19-2013, 11:23 AM
 
Location: pacific northwest
419 posts, read 528,881 times
Reputation: 265
Quote:
Originally Posted by davebarnes View Post
Are you willing to pay a buyer's agent co-op commission of 2.8-3.0% ?
Have talked with a flat-fee selling agent?
90% of home buyers start online. Do you have the expertise to post your house on: Zillow, in the MLS, on Trulia, etc?
Buyer agent fee: maybe. Did not know about this so thanks.


Am familiar with zillow, trulia etc but did not know I could use that

Flat fee. That might work too. Have not heard about it.
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