How to Sell a House Without a Realtor

When my wife and I sold our first house, we had to decide if we were going to sell it for sale by owner, or use a realtor to sell the house. Ultimately, we decided to save money and sell the house ourselves.

Selling a house without a realtor wasn't as hard as it sounds. In this video, I go over the process step-by-step.

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Timestamps:
0:00 - Intro
2:25 - Fix up the house
4:13 - Comparable Market Analysis
6:30 - Stage the House
8:41 - Photography
10:17 - List/Market the House
13:16 - Dealing with Realtors
15:27 - Offers
17:00 - Inspection & Appraisal
18:44 - Title Company
19:22 - Closing

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[BryceMatheson]

⭐ How to Start a Web Hosting Business (for easy Passive Income):

[MichaelHenryGomes]

Finally a instructional video, not done by a bias realtor

[andym]

House up the street did FSBO and got top dollar. It's a sellers market right now. If there is no inventory, they'll be lining up to show it.

About 70% of the work described is cleaning up the house and making it pretty for the pictures and the showing. You have to do that with a realtor anyway.

[naturadventur]

In my opinion the most important part about selling by yourself or using an agent is would an agent be able to sell your property for more than their commission.
Agents say they can do a better marketing job, are better negotiators, etc,
I don't believe it, they hire a photographer, write a short description of your house, put it on MLS and put a lockbox on your door.
They don't show the property to potential buyers they usually never meet the buyers.
You can do a better marketing job than an agent.

[lakefamilyfarmaz]

Absolutely excellent! Thank you so much for being so organized and with such streamlined advice. I learned more in this one video thanks to your clarity than I have from dozens of others. You’ve given me hope that FSBO can be done.

We bought our summer home, when the sale was done the owner said he forget the rest of the keys. He said he would put them in the mail box the end of the day, I said sure no big deal. We went shopping for blowup beds and we were super excited.i went and bought locks as a backup if he didn’t drop them off.. guess what .. no keys so that night I changed the locks. We went back home came back the next week. Our neighbor told me who Changed the locks of the house? I said I did since I didn’t receive the keys.. she told me, oh cause the previous owners tried getting in to the house? I guess they wanted one last look?.. but that would be trust passing right ?They don’t own the house anymore.. moral of the story.. don’t trust anyone and always be ready.

[TopVillain]

Is the realtor going to clean your house? Stage your house? Give you an appraisal? Which is the buyers job. You ultimately have to negotiate the offer anyways. When I sold my house the realtors called me anyways because I was still living at the home. It’s easy to take photos or to hire someone and you can perform you own market analysis

[JAMIEANDSARAH]

Great video! This is very helpful info for saving on realtor commission(more profit). My wife and I are house flippers in Michigan and we are starting our own channel documenting our process!

[andrewsokol]

Wow, this is an awesome video. I learned more watching this video than reading a couple books I bought about FSBO. I now feel ready to sell my house on my own. Thanks!

[kenrichmond]

I sold a rental house to the renter. It was ridiculously simple. He had to do most of the leg work with his bank, an appraisal, etc. We picked a local attorney to handle the closing and it was done. Easiest process ever. Granted I had a buyer, but past that aspect of it, I can’t think it is as big of a deal as people make it out to be. If you know how to price it, you can list on the MLS with a service for a few hundred dollars. Advertise on Facebook also, and you will likely get a buyer. Past that, let the buyer deal with the bulk of the hassle.

[TiberiusGracchus]

Great info. Do you recommend hiring an attorney to review the sales contract, etc.?

[nicoleofnowhere]

Thank you! So helpful and empowering. :)

[IramRolon]

😎 I appreciate all of the useful information you have provided. This video has shown to be an extremely helpful instrument. As much as it helped us, I hope it's beneficial to many others.

[drpando]

Very excellent video, but I do have questions. How many hours (actual time spent on the phone, driving to appointments, researching comps, showing the house, responding-to/sending emails, etc. etc.) did you actually spend doing this as a FSBO??

Also, taking into account that a US work week is 40-hours (8 hours a day), how many hours per week away from your job (playing job hooky) did you actually use for the entire process? Even a single hour doing ANYTHING other than your paid day-job is stressful to hide from your employer (and you have to do this because realestate activities mostly all happen during business hours).

So, if your total hours doing it FSBO-style takes a total of about 40 hours in actual effort, the commission savings is a big win, but If you're talking about 160 hours (1 month's worth of 9-5 work hours), and taking a big chance that something big is going to get screwed up, that's a different thing.

I like your idea very much, and I don't want to use a real estate agent, but what if the mistake I might make is more expensive than the real-estate commission??

What were the real hours for your all-in actual effort?

[jackiecarroll]

Hi, What is the standard fee for the title company? seems like they do most of the paper work?

[afzaluddinmohammad]

16:41 Bryce, who's responsible for preparing purchase and sale agreement seller or buyer agent? Also you mentioned buyer will work with title company, that means it is not seller responsibility to hire title company? Appreciate your feedback

[luluedw]

Great video straight to the point 👏🏾
My question is in reference to my specific situation. I want to sell my home in a very popular area “as-is”. I know I need to get CMAs from multiple realtors but should I list to sell or just fold to the investors in the area since I dont want to update the kitchen and floors?
House was built in 2005 and the roof has been replaced-average wear and tear

[dr.heatherbrown]

Great information. Thank you. I have questions. When you talk about inspections/appraisals, who handles that? Is it the buyers responsibility? And the Title company, who handles that if the person buying from you doesn't have a realtor either? And the closing...if both a parties are not represented by a realtor?

[nancyesposito]

Very helpful video! Thank you so much. Can I just ask you do you need a lawyer at any point to process the documents or does the title company pretty much walk you through it? Thanks again!

[DavidSanchez-zjte]

Thank you so much for the advice! Quick question, you said the seller usually pays the fees for the realtor and a realtor will probably bypass a fsbo house because it won't make them any money. In your experience, did you make a verbal agreement with the buyer's realtor and if so, how do you decide what ia a fair compensation for the buyer's realtor? Thanks for reading