Zillow Advice: Buying Process - Regarding Agents participation http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ Zillow Advice | Zillow Real Estate Hi Bob....You mention only ... http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ Hi Bob....<br/><br/>You mention only the total amount of $17,100....no mention of the sales price of the home, or the % of commission.&nbsp; <br/><br/>Keep in mind, that $17,100 likely has to be split between your agent and the agent bringing the buyer.<br/><br/>Commissions are ALWAYS negotiable (prior to listing) just as the price of your house is negotiable.<br/><br/>Homes sold with a <a href="http://www.zillow.com/directory/real-estate-agents/">Realtor</a> generally sell for more than those sold by owner.<br/><br/>If you feel you can sell the house yourself, and save that money, then go for it!&nbsp;&nbsp; It's great to see people save money.&nbsp;&nbsp; Be sure to have an attorney review all the paperwork.&nbsp;&nbsp; Don't forget about the state required Seller's Property Disclosure statements, inspections, etc.<br/><br/>Yes, you can ask a Realtor (or an attorney) what they would charge to do the paperwork for you once you've found a buyer. <br/><br/>This all depends on the amount of time you have to spend on getting your house sold, as it will likely take more time on your own.&nbsp;&nbsp; You can advertise on the internet, etc.&nbsp;&nbsp;&nbsp; Your Realtor has access to exposing your home to EVERY Realtor in the area, and they want to sell it!<br/><br/>Hopefully, this answers your question.&nbsp;&nbsp;&nbsp; You'll surely do the right thing for your circumstances.&nbsp;&nbsp; Important first to become informed, and you're starting down that path by seeking advise here....continue to talk to several <a href="http://www.zillow.com/directory/real-estate-agents/">Realtors</a> and professionals in the <a href="http://www.zillow.com">real estate</a> industry.....<br/><br/>Good Luck with the sale of your home!! Thu, 24 Nov 2011 19:37:00 GMT http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ 2011-11-24T19:37:00Z Thank you for your input. ... http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ Thank you for your input. To answer some of your questions, Maria, The house will be listed at $ 299,900, value according to tax base is $309,900 and the commission is 7%...., expecting it to sell around $285,000 as the Reator has said......................<br/><br/>I do appreciate the comments made and do rrealize the importance of&nbsp; a Realtor................<br/><br/>Thank you<br/><br/>Bob Thu, 24 Nov 2011 20:56:00 GMT http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ 2011-11-24T20:56:00Z "When you go to your doctor's ... http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ "When you go to your doctor's office, do you argue with them about the fee they charge? "<br/><br/>Yes and so should you. In any capitalist society, any service that is being provided is neotiable. A smart consumer researches, cuts costs where they can and recognizes their ability to perform services that others charge for.<br/><br/>When my animals have surgery, I remove the stitches instead of paying for that additional service. When I go to a doctor and pay cash for procedures, I ask for a discount and supplies at cost. When I hire an agent, I negotiate with them as a independent business person for their services. Overpaying and expecting the best service is not a good bet. It is better to do your research, know what you are really paying for and expecting the service that was contracted for.<br/><br/>As far as the statistics go, they are suspect since they come from the industry itself. Any owner that feels capable and is realistic &nbsp;about price can definitely consider trying to sell <a href="http://www.zillow.com/for-sale-by-owner/">FSBO</a>, but it is often wise to offer a partial commission to represented buyers and consider a <a href="http://www.zillow.com/for-sale-by-owner/">flat fee MLS</a> service to bring the most traffic. If the agent you contacted is stuck on 5-6% you can also negotiate a lower commission with another agent if you do not want to sell full FSBO. Thu, 24 Nov 2011 20:42:00 GMT http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ 2011-11-24T20:42:00Z The property is yours, so ... http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ The property is yours, so you get to decide what you do with it.<br/><br/>However, if you want to sell it and get the most out of the sale, you would be well advised to select an experienced <a href="http://www.zillow.com/directory/real-estate-agents/">Realtor</a> to handle the sale.&nbsp; That person will have two goals.&nbsp; First, to sell the property for the highest possible price.&nbsp; Second, to do so in such a way that the buyer does not come after with a lawyer in tow six month or a year later, wanting lots of money from YOU.<br/><br/>Remember that the Realtor does not get the full commission.&nbsp; Although they do most of the work and give you the best advice.&nbsp; That commission is split four ways.&nbsp; Your realtor has to split half of it with their broker (company).&nbsp; The other half goes to the buyer's agent and broker.<br/><br/>You could try and sell the property yourself, but statistics show that sellers who use a Realtor sell for a higher price.<br/><br/>I also have a question for you.&nbsp; When you go to your doctor's office, do you argue with them about the fee they charge?&nbsp; Have you been in the hospital lately?&nbsp; Try and negotiate for those charges. &nbsp;In comparison to those fees the $ 17,100 is a bargain!&nbsp; Remember that you usually get what you pay for.&nbsp; Good luck. Thu, 24 Nov 2011 19:52:00 GMT http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ 2011-11-24T19:52:00Z You certainly could do a ... http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ You certainly could do a For Sale by Owner (FSBO).&nbsp;&nbsp; It will still likely involve commission to the buyer's agent as well as lawyer fees on your side.<br/><br/>FSBO is&nbsp; not for the weak of heart.&nbsp; Here's a useful non-commercial blog "<a href="http://rockinblu-rockinblu.blogspot.com/2009/02/thinking-about-doing-fsbo.html" rel="nofollow">Thinking about selling your house as FSBO"</a> by a contributor to Zillow who did successfully sell his home himself when agents were not successful.<br/><br/> Thu, 24 Nov 2011 19:41:00 GMT http://www.zillow.com/advice-thread/Regarding-Agents-participation/423899/ 2011-11-24T19:41:00Z