You own a expensive home as your residence. You are a practicing RE agent. Is it better to handle it all yourself? or...stand back and split it with another simpatico agent ..and become just a owner.

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Mike Rock, Granite Bay Luxury New Construction...For Less (Complete Design)

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5,772,587

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Mike,

As agents we like to buy for ourselves. On the way out, we have hired an agent and became the owner. It was money well spent and well earned. A

Jul 24, 2015 03:02 PM

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Barbara Todaro

Franklin, MA
Mike Rock

Granite Bay, CA

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Danuta Fedycki

Century21 - Folsom, CA

Do it all by yourself,save money.

Jul 26, 2015 04:32 AM

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Mike Rock

Granite Bay, CA

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Ed Macias

Real Estate Teammates - Miami, FL

Miami FL-REO Property Management Multifamily

Handle your own. This is real estate not heart transplant or on trial for murder. A lawyer will still fight a speeding ticket himself and a Dr. will still treat himself when they have a cold.

Jul 25, 2015 07:34 AM

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Mike Rock

Granite Bay, CA

Rainmaker
560,647

Ken's Home Team LLC. | 360.609.0226 | Portland, OR & Vancouver, WA Real Estate Team

Ken's Home Team LLC. - Vancouver, WA

- SOLD IS OUR FAVORITE 4 LETTER WORD -

Do it yourself inside your brokerage, use your fee for closing costs.

Jul 25, 2015 02:10 AM

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Mike Rock

Granite Bay, CA

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1,390,113

Wayne Zuhl

Remax First Realty II - Cranford, NJ

The Last Name You'll Ever Need in Real Estate

We're facing the same decision in the next few months. Pretty sure we're going to sell it ourselves.

Jul 25, 2015 12:02 AM

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Mike Rock

Granite Bay, CA

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Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

A highly respected real estate attorney in our area always said it is best to have someone else list your home.

Jul 24, 2015 11:37 PM

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Mike Rock

Granite Bay, CA

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Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

MIKE ROCK Check with your Broker and review the E&O policy. It might not cover an agent selling their own home. Additionally just be a homeowner. You're too emotionally attached to your home.

Jul 24, 2015 11:27 PM

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Mike Rock

Granite Bay, CA

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Annette Lawrence , Palm Harbor, FL 727-420-4041

ReMax Realtec Group - Palm Harbor, FL

Making FLORIDA Real Estate EZ

Great question.

Would you then become the 'hoovering agent' or the ever present homeowner? Either we are deceivingly dishonest to ourselves regarding these showing sins or you will choose to be in denial.

Which is correct?

Jul 24, 2015 10:16 PM

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Mike Rock

Granite Bay, CA

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Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

if you're referring to listing this personal residence, list it with another well-versed listing agent....pay them a commission...a full commission.... and just be a homeowner....that's what I've always done with all of my properties, owner occupied and investments.... always listed with another agent in the office....and I asked them to handle it from the very beginning as they would with any homeowner....from market analysis to closing...

Jul 24, 2015 10:14 PM

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Mike Rock

Granite Bay, CA

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Raymond E. Camp

Ontario, NY

As long as it is disclosed and you pay if someone else brings a buyer it should not be a problem.

Jul 24, 2015 09:46 PM

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Mike Rock

Granite Bay, CA

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Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

As I am an experienced agent I would do it myself. If I were new in the business I would co list with another agent.

Jul 24, 2015 09:26 PM

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Mike Rock

Granite Bay, CA

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Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

Good morning Mike. Why not handle your own say, if you are in the business and fully disclose ownership, go for it.

Make it a great weekend!

Jul 24, 2015 07:14 PM

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Mike Rock

Granite Bay, CA

Rainmaker
2,759,812

TeamCHI - Complete Home Inspections, Inc.

Complete Home Inspections, Inc. - Brentwood, TN

Home Inspectons - Nashville, TN area - 615.661.029

Good Saturday morning Mike. I see a lot of older agents. I guess they feel that they can do a pretty good job at doing a fiduciary role.

Jul 24, 2015 06:42 PM

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Mike Rock

Granite Bay, CA

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Praful Thakkar

LAER Realty Partners - Burlington, MA

Metro Boston Homes For Sale

MIKE ROCK - I know it's an emotional decision. However, if I cannot trust myself, how do I expect others to trust me?

Jul 24, 2015 05:04 PM

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Mike Rock

Granite Bay, CA

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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

I have sold most of mine myself, but I have turned it over to my agent after the purchase offer was signed so that he could deal with the paperwork and all that stuff that I would rather not do.

Jul 24, 2015 03:09 PM

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Mike Rock

Granite Bay, CA

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Mike,

As agents we like to buy for ourselves. On the way out, we have hired an agent and became the owner. It was money well spent and well earned. A
Handle your own. This is real estate not heart transplant or on trial for murder. A lawyer will still fight a speeding ticket himself and a Dr. will still treat himself when they have a cold.
Do it yourself inside your brokerage, use your fee for closing costs.
We're facing the same decision in the next few months. Pretty sure we're going to sell it ourselves.
A highly respected real estate attorney in our area always said it is best to have someone else list your home.
MIKE ROCK Check with your Broker and review the E&O policy. It might not cover an agent selling their own home. Additionally just be a homeowner. You're too emotionally attached to your home.
Great question.

Would you then become the 'hoovering agent' or the ever present homeowner? Either we are deceivingly dishonest to ourselves regarding these showing sins or you will choose to be in denial.

Which is correct?
if you're referring to listing this personal residence, list it with another well-versed listing agent....pay them a commission...a full commission.... and just be a homeowner....that's what I've always done with all of my properties, owner occupied and investments.... always listed with another agent in the office....and I asked them to handle it from the very beginning as they would with any homeowner....from market analysis to closing...
As long as it is disclosed and you pay if someone else brings a buyer it should not be a problem.
As I am an experienced agent I would do it myself. If I were new in the business I would co list with another agent.
Good morning Mike. Why not handle your own say, if you are in the business and fully disclose ownership, go for it.

Make it a great weekend!
Good Saturday morning Mike. I see a lot of older agents. I guess they feel that they can do a pretty good job at doing a fiduciary role.
MIKE ROCK - I know it's an emotional decision. However, if I cannot trust myself, how do I expect others to trust me?
I have sold most of mine myself, but I have turned it over to my agent after the purchase offer was signed so that he could deal with the paperwork and all that stuff that I would rather not do.