AnnaS
DIS Veteran
- Joined
- Jul 7, 2001
My husband and his brother owned my MIL's home. The brother passed before my MIL.
When my MIL passed, we were approached by two buyers days later - but because there were some issues with the sister-in-law (the wife of the deceased brother), we preferred to go with a real estate agent so she did not think there could be any funny business (she is out of state). We also had it in the contract that we could bring our own buyer.
Get an appraisal and/or you can do some homework yourself checking Trulia/Zillow, etc., homes for sale in the area and what they have sold for. Of course, consider shape of the house, year, location, etc. etc
If you want it to sell, be reasonable/realistic or it will sit.
The house sold the same week it was listed, we had buyers before we had the Open House that weekend.
It was sold as is, but after house inspection, we did fix two things. We actually had a buyer that came in "through us" and not the agent. She took less commission.
My mom's house we sold without an agent. My mom moved into my brother's house when she was sick and could not stay alone. We had a tenant who wanted to buy the house. We agreed on a price. It was very reasonable. He lived there for about 5 years and never bothered us with any issues. He even made improvements on the house. We did not have the house empty at all/losing rent etc. We were not inconvenienced showing the house, no real estate fee. We each got real estate attorneys and all was taken care of. There was nothing for us to do but show up for contract and closing.
When my MIL passed, we were approached by two buyers days later - but because there were some issues with the sister-in-law (the wife of the deceased brother), we preferred to go with a real estate agent so she did not think there could be any funny business (she is out of state). We also had it in the contract that we could bring our own buyer.
Get an appraisal and/or you can do some homework yourself checking Trulia/Zillow, etc., homes for sale in the area and what they have sold for. Of course, consider shape of the house, year, location, etc. etc
If you want it to sell, be reasonable/realistic or it will sit.
The house sold the same week it was listed, we had buyers before we had the Open House that weekend.
It was sold as is, but after house inspection, we did fix two things. We actually had a buyer that came in "through us" and not the agent. She took less commission.
My mom's house we sold without an agent. My mom moved into my brother's house when she was sick and could not stay alone. We had a tenant who wanted to buy the house. We agreed on a price. It was very reasonable. He lived there for about 5 years and never bothered us with any issues. He even made improvements on the house. We did not have the house empty at all/losing rent etc. We were not inconvenienced showing the house, no real estate fee. We each got real estate attorneys and all was taken care of. There was nothing for us to do but show up for contract and closing.