Have you sold your house on Maplewood Online?

We're thinking of selling our house. 

Has anyone ever sold by listing it here?

Do I need a Realtor? 

Do you need a Realtor?

I would always use one. Selling on your own can be a serious hassle. Of course it's a very hot market so if you really want to try go ahead. If might be lucky, but if you get frustrated you can always hire a realtor.

I tell a story about how the people at Home Depot told me I didn't need a plumber to do a certain thing. So I tried. Ended up calling the plumber.

Second story. Employee asked me for advice about her sister. I told her half kidding that her sister's choices were to sell her house or get a divorce. She replied, seriously, having experienced both, " I'd much rather go through a divorce again than go through selling my house again". 

I'm not selling, but wondered if Zillow would be an easy way to do for-sale-by-owner (FSBO). 

It appears not:

https://www.isoldmyhouse.com/zillow-offers-review/

they story with zillow offers had been they were so sure of their zestimate that they would pay anyone one that amount....seems that is not the case...they don't go by the published zestimate...

I'm a local broker/salesperson locally (and NJ real estate instructor). There's more to selling your house than slapping a sign on it. 

If you want to PM me I'd be glad to discuss the challenges of selling on your own. 

If you list as a FSBO the local real estate cartel will not show your home.

wedjet said:

If you list as a FSBO the local real estate cartel will not show your home.

 Why would they?  People don't work for free, and that does not make them a cartel.

It's definitely a seller's market at the moment.  I hear bidding wars are still happening.  I would list it on the MLS to get top dollar.

For a plus,the realtor could advertise the home on MOL.

No problem, spending a couple’s bucks putting an add on MOL. But it will be read by a limited readership

anyone wanting to move from out of area is gonna start with a real estate website

max_weisenfeld said:

wedjet said:

If you list as a FSBO the local real estate cartel will not show your home.

 Why would they?  People don't work for free, and that does not make them a cartel.

Who is working for free? Because they still would get a 2-3% commission as the selling agent. They just would not get the listing commission. However the local real estate cartel does not want to encourage FSBO listings.

jmitw said:

they story with zillow offers had been they were so sure of their zestimate that they would pay anyone one that amount....seems that is not the case...they don't go by the published zestimate...

The zestimates on Zillow are seriously flawed and I would only use that to get a rough idea of the price range for a house.

At the very least, you need a good lawyer.

Interesting article on who pays the buyer's broker fees when a house is sold by the owner.

https://www.har.com/blog_81851_who-pays-realtor-fees-for-sale-by-owner--how-does-fsbo-work-for-the-buyer#:~:text=In%20most%20cases%2C%20the%20commission,will%20not%20increase%20your%20cost.

yahooyahoo said:

jmitw said:

they story with zillow offers had been they were so sure of their zestimate that they would pay anyone one that amount....seems that is not the case...they don't go by the published zestimate...

The zestimates on Zillow are seriously flawed and I would only use that to get a rough idea of the price range for a house.

 i know the zestimate on mine is high.  even in perfect condition it is too high.....but the story was that they believed in their zestimate and would offer that amount...but then the details came out....and they make the offer based on an actual appraisal, not the zestimate.

wedjet said:

Who is working for free? Because they still would get a 2-3% commission as the selling agent. They just would not get the listing commission. However the local real estate cartel does not want to encourage FSBO listings.

 They would only get a fee if the Seller agreed.

I am not aware of a buyer paying a RE Commission. The very reason the Seller is going FSOB is to not pay a commission.

Just clicked on the link above. It gives a lot of information but it's not from someone in NJ