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To: trouthead who wrote (75343)8/24/1999 10:13:00 PM
From: Libbyt  Read Replies (1) of 164684
 
<OT>...again...

"I am going to pay $15,000 in agents fees. This is inflating the cost of my house."

If you are paying this cost, then you chose to list your home with a broker. You do have the choice to sell FSBO (for sale by owner). If that is the case, then you get to answer constant phone calls and questions about your home from people who may not be qualified to buy your home. You need to advertise your home for sale. You need to find some way to find a qualified buyer. If you do find a qualified buyer, then you need to follow up on all of the details of escrow that can cause a transaction to fall apart. You need to have full disclosure of any problems with your home to protect yourself from a future lawsuit.

>I could easily pay a lawyer a 3rd of that and protect myself better than any agent. The escrow company takes care of dotting all the i's and crossing all the t's and the loan comapny is going to make sure the house is worth the money and that the buyers can afford it.<

Again....that's your choice. Most people find it is not quite as simple as you've stated.

As someone stated, most brokerage companies split their commission with the other agency. Often they list your property on Multiple Listing...and the commission is stated in this book. This listing is usually available to all of the agents in your area...so by listing with one agent, you really have hundreds of agents trying to sell your property.

It is a personal choice....I would rather pay to not have to worry about all of the problems involved with selling a home!

Libbyt
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