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UrbanTurf Reader Asks: Should I Sell My Home on My Own?

  • June 2nd 2009

by Mark Wellborn

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At the peak of the real estate market back in 2005, most people wouldn’t think twice about having an agent sell their home. However, declining property values have led many sellers to save money by selling their home themselves. In this week’s installment of “UrbanTurf Reader Asks,” a reader inquires if going this route is a good idea.

“I'm considering selling my place on my own, but have no idea if it would be worth the trouble in this economy. We're not in a rush to sell, but we'd like to do it in 2009. A realtor told us it could take six months to sell anyway.

I was going to go the standard realtor route, but paying people to sell my house would mean that they would get most or all of any profit made in the sale, since I've only owned for 2 years. It also means I have to jack up the price on the house so everyone can make some money.

If we were in a more desirable neighborhood, I'd be more inclined to try FSBO, but we're in the H Street Corridor. Thoughts?”

Post your thoughts in the comments section. If you would like to submit a question for "UrbanTurf Reader Asks," send an email to editor@urbanturf.com.

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This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/urbanturf_reader_asks_should_i_sell_my_home_on_my_own/974.

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