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

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Rainmaker
5,489,261
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
Rainer
39,170
Danuta Fedycki
Century21 - Folsom, CA

Do it all by yourself,save money.

Jul 26, 2015 04:32 AM
Rainer
150,619
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
Rainmaker
560,347
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
Rainmaker
1,384,724
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
Rainmaker
4,849,560
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
Rainmaker
1,453,927
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
Rainmaker
878,551
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
Rainmaker
5,571,077
Barbara Todaro
RE/MAX Executive Realty - 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
Rainmaker
1,393,898
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

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
Rainmaker
4,433,583
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
Rainmaker
2,429,875
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
Ambassador
2,759,387
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
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury 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
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - 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