ANSWERS: 1
  • I'll answer your Q, by asking 3 of the many Qs you should have the answers for: 1] How much do you know about the real estate business? 2] In these times of mortgage crisis, do you know how to properly qualify a buyer? 3] Do you know about title? The Qs go on and on. IF you are going to attempt to sell your property yourself, here are some suggestions: A] On an hourly or fee basis, retain the services of a knowledgeable real estate broker or real estate attorney. He/She should be familiar with the finer parts of the sales contract/Agreement of Sale and with the laws and customs in your area. B] IF you think either one or both of those methods may be too costly, you could retain the services of one of those "flat fee" offices or brokers. IF you still think that is too expensive, I'll ask you a Q my family's office asks those folks who insist on trying to sell their own properties ["FSBOs"]: "How long can you afford to tie-up your property with an unqualified buyer?" When Buyers want to make life miserable for Sellers, they can prevent you from selling for months or even years! They may be able to sue you for "specific performance". This is very time-consuming AND expensive! It frequently happens. BUT then again, it only has to happen to you one time, doesn't it? Thanks for asking your Q! I enjoyed answering it! VTY, Ron Berue Yes, that is my real last name! My wonderful family! In the real estate business over 34 years in Pennsylvania. My wonderful coaches & mentors. Yes, after all these years I continue having them in my corner! THE ABSOLUTE BEST, MOST WONDERFUL real estate investment group in the world, which I was very proud to be a member of! "THE University of Hard Knocks" also known as "life's valuable lessons".

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