This information comes straight from the Wall Street Journal article titled: “DIY Guru Gets Broker Help.”
A founder and former chief operating officer of ForSalebyOwner.com, Colby Sambrotto, used a real estate broker (owner of a real estate office) and a 6% commission. Not only is Mr. Sambrotto the former COO of ForSalebyOwner.com, but he also plans to launch a new sale-by-owner website, USRealty.com, in a few weeks after a non-compete agreement expires.
Mr. Sambrotto spent six months trying to sell his condominium himself through online listings and classified ads, before turning over the listing of the 2,000-square-foot apartment to a broker at Bond New York in November. The broker, Jesse Buckler, said the condo was priced too low and wasn’t drawing the right buyers. Mr. Sambrotto would not listen to Mr. Buckler as noted by Mr. Buckler’s statement “At first he wouldn’t let me increase the price.” Mr. Buckler kindly told Mr. Sambrotto “I know what I am doingthe market is picking up.” The home went under contract in May, attracting multiple offers. It actually sold for $150,000 more than Mr. Sambrotto’s original asking price. Mr. Sambrotto confirmed the details of the transaction with Mr. Buckler as the broker.
Listen folks, I’m not saying you cannot sell your Dallas Georgia home by owner, but I am saying that full time real estate agents/brokers sell homes for a living. This is how we put food on the table for our families. We know the market and most of us tell you the truth because we want to take great care of our clients. Our goal is the same as your goal, to sell your Dallas Georgia home as quickly as possible with as little hassle as possible. Sure we get a paid from the transaction for our knowledge and ability to sell your Dallas Georgia home, but it is no different than a doctor. The last time you were sick and needed care, did you argue with the doctor about what he charged? You may not have liked the fees when you saw the bill, but at the time you were sick; all you wanted was to feel better. You went to your doctor because he/she had the knowledge and ability to heal your health issue.
When you want to sell your Dallas Georgia Home you may not like paying a commission, but you have a home to sell and what you want is to get is sold as quickly as possible with as little hassle as possible. Using an agent is just like going to the doctor. You go to him/her because he/she has the knowledge and ability to heal your Dallas Georgia home issue.
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