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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: the_wheel who wrote (6997)	11/21/2002 12:02:17 AM
From: Jim McMannis	Respond to of 306849

RE:"I am thinking I could be relaxing on the beach in BoraBora know what I mean? (PS not in the high class resort but in the poor folks section down the road) Maybe I should consider Raiatea" Been both places. You'd better speak French or Taitian. I guess Elroy (big dawg) will answer the rest of your question because I'm not familiar with your situation.

To: the_wheel who wrote (6997)	11/21/2002 1:05:25 AM
From: Elroy Jetson	Read Replies (3) \| Respond to of 306849

If you're thinking of selling your home FSBO to someone who has previous contact with your agent, your Listing Contract most likely gives her a right to a commission. Apart from this, if you feel confident dealing with the issues in selling your own home home, there's no reason not to try. The most important ingredient in attracting a buyer for your home is listing your home at the right price. In my mind the agent can offer you: a) access to the MLS which is as powerful in selling homes as the stock exchange is for stocks; b) familiarity with the contracts and process. In California we just started using a new sales contract which completely changes how the deal is done. Make sure you're familiar with the contracts and process in your area or engage an attorney; c) an additional deep pocket to look to for damages when a deal goes wrong. Commissions are truly negotiable. Buy as much or as little services as you believe you need. Years ago I bought stocks at Sutro & Co for a typical commission of $125 while today I pay T.D. Waterhouse $13 for better service. I'd never go back to the expensive old days. If I didn't have access to the MLS I would pay a broker for an MLS listing and handle the rest myself but, as a real estate Broker, I know more about the transaction than the typical homeowner.