4 ms·
I should probably care more, but after netting about $750k fixing up houses over the past 20 years while my wife and I worked full time jobs, I don’t. Estimates
by apathy 7y ago
I should probably care more, but after netting about $750k fixing up houses over the past 20 years while my wife and I worked full time jobs, I don’t. Estimates had converged on between $860k and $940k from various realtors and models; we took her advice, listed at $950k, and ended up with about $300k in net profits.
FSBOs don’t usually sell as well for the simple reason that REA caravans don’t hit them. This is kind of important since we live 2000 miles away from where we were selling. We’ve seen some 1% agents and they were possibly worse than nothing (we soaked a seller with shitty agents for about $35k when we started to walk away after an inspection).
Our agent also dealt with endless bullshit (reassessment, delivering an ultimatum to an annoying tenant when my wife folded, etc) for a couple months leading up to the sale. We wanted to unload the house and NOT deal with finding a new tenant. I think this is the part people underestimate — it’s NOT just the $5k net. It’s also all the crap we didn’t have to deal with while living 2000 miles away and both working full time jobs. There are endless time sensitive documents, amendments, etc that I didn’t have to grind my teeth about.
Honestly I’m starting to wonder how many houses the friendly Internet Experts have sold. It’s a shocking amount of bullshit to navigate.