Sell my house to someone I know?
I'm about to list my house for sale next week - I have an appointment with my realtor on Monday. A friend of a friend, whom I've known for many years, contacted me today because she's looking to buy in my town, and she heard I was selling. She's coming to see it over the weekend. If she wants to buy it, what is my next step? Of course I would get a lawyer to work with, but should I still list the house with my realtor to show the house in case it doesn't work out, and somehow make the friend be outside of my contract? Should I offer the realtor a percentage to help me through the process? I will be looking for another place to buy, so the realtor could still get a sale through me. The friend would have a home inspection and an appraisal as usual, but I'm worried that selling a house to someone you know is a little like selling your used car to a friend - could there be issues down the road? I'm not hiding anything, and the house is in good shape, but it's over 100 years old, as are most of the houses in my town.