115k views
4 votes
If you list it for sale yourself, who will follow up with the three months worth of legal paperwork ... you? If so, what agent will want to risk the fact that you have never done it before?

"""I completely understand your point of view Mr. And Mrs. Seller and it sounds like you haven't been involved in this kind of transaction in a while ... can I tell you why?"" (Sure!)

""Agents work with buyers because it is easy. You show the house, the agent writes an offer, and the agent on the listing side handles the next three months of legal paperwork trying to get the deal closed ... Does that make sense?"" (Yes)

""If you list it for sale yourself, who will follow up with the three months worth of legal paperwork ... you? If so, what agent will want to risk the fact that you have never done it before?""

""Let me ask you this ... If you were an agent, would you rather show homes that were listed with professional agents that worked to get deals closed?""

""Would you rather show a home and keep your fingers crossed, hoping that you don't get sued by the buyers because some legal aspect was
overlooked by the homeowners and the transaction didn't get done ... Which would you
rather do?""

""Do you see my point?"" (Yes)

""Your idea sounds valid. It just doesn't fit into today's ""lawsuit-happy"" reality ... I'm sorry. Are there any other questions I can answer before you sign the listing agreement?""

Top Agent Alternative:

""That may sound good, but then nobody is pushing your property. If nobody pushes it, nobody shows it. If nobody shows it, then I guess it won't sell."""

User Vitomadio
by
7.9k points

1 Answer

4 votes

Final answer:

When selling a property without an agent, you will need to handle the three months worth of legal paperwork yourself, which may be challenging without prior experience. Agents usually prefer to work with other agents who have experience and can ensure a smooth transaction.

Step-by-step explanation:

When selling a property, it is common to work with a real estate agent who can handle the legal paperwork involved in the transaction. If you choose to list your property for sale yourself, you would be responsible for following up with the three months worth of legal paperwork.

However, it may be difficult to find an agent willing to take on the risk of working with someone who has no experience in completing these tasks. Real estate agents often prefer to work with other agents who are familiar with the process and have a track record of successfully closing deals.

User Fabio Cenni
by
7.6k points