Plug for using Flat fee MLS
So I just wanted to let everyone know I just sold my second house using a flat fee MLS service (notice, this is not a plug for a particular company as no particular service is mentioned). I live in Columbus, OH which is not excactly a booming real estate market. My belief is that realtors will become more and more obsolete as more people realize with a little extra work you can save tons of money (28k for me). It's really very simple: if you have a great house (updated, no clutter, etc) and you price it right (you need comps which are easy to get), a professionally done sign in the yard ($185.00)..IT SELLS. Not rocket science but the realtors will want you to think you NEED them. No thanks, what I NEED right now is as much money out of my house as I can get. The house is advertised exactly the same way-on the MLS and on Realtor.com (I DO NOT believe that paper ads or open houses sell houses but you can do these too if you want). And since you are saving at least 3% and very probably 6% you can price it more agressively and it will sell faster. You offer 3% to realtors so you have just as much traffic coming through.
I was able to sell both houses to people who saw it on realtor.com and came through without a realtor which saved me 28k total for both houses. I paid $299 for the flat fee person to list the house on realtor.com and MLS.
SO, as you go into spring and are thinking of selling, consider this: Realtors don't sell houses, houses sell themselves if they are 1. Posted in the MLS and Realtor.com with great pics (easy to do yourself), 2. Priced right, 3. Updated and free of clutter.
Now go save yourself some money!