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sell directly to developers

My friend's neighbor has her home for sale...it's not on mls, there's no advertising or signs, she wants to keep it on the down low. She found a broker who works directly with developers/construction companies.  I'd like to find similar brokers (she's away so I can't ask he who she's using).
Her broker also told her she won't have to pay any fees, the developer will cover them.
Any help appreciated.

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July 12 2012 - Westport
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Answers (3)

You don't say if there's excess acreage which may be subdividable, but if that is the case, you could be at risk of leaving some serious $ and  opportunity on the table. You should talk with a Realtor who has had experience selling residential land. While you may very well not want to go through the entire subdivision process yourself, it could be well worth it to have an A2 survey done of the property, so you can actually see what you have.  An A2 survey is the first step.  If you'd like more info, on the rest of the process, feel free to contact me.   
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October 18 2012
Hi,


If your friend's main goal is to sell her home quietly without all the neighbor's knowing, she is going about it the right way.

I work with similar builders and developers who are actively looking for houses in Westport to buy off-market.

If she is looking to get the most money for her home, exposing it to the entire market (listing it through the MLS, advertising, etc.) would give her the best chance, however it sounds like there is value to her in keeping the sale quiet.

Yes a developer / builder may be willing to pay the commission fees, but they would just offer a little less to buy the home and factor those fees into their offer price.

Feel free to contact me if you'd like more information.  I am a very active agent in the Norwalk and lower Fairfield County market.


Sincerely,

Todd Turcotte
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July 12 2012
Great way to sell if you don't mind leaving 20 to 30% on the table.
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July 12 2012
 
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