SELLING A HOUSE WITHOUT A REALTOR....


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WEST-IS-THE-BEST   
Member since: Nov 09
Posts: 45
Location:

Post ID: #PID Posted on: 07-11-09 10:19:45

I am a Canadian citizen. I bought a townhouse, way back in 2000. My mortgage came up for renewal this year. Since my US green card has been approved, I renewed my mortgage only for a year because I might move later next year.

I was toying with several options, including leasing the house after moving to the US. The idea was to sell the house in a few years time.

Logistically, I know that it would difficult to sell the house, once I move to the US, for various reasons. Also, as an non resident Canadian, my capital gains would be subject to a 25 % tax.

Keeping these in view, I plan on selling my house. My house is located near square one, with easy access to highways, and has over 4 schools within a radius of 4 kilometers. So, Location wise I have an advantage when I sell the house.

I know real estate agents do a wonderful job, but I can hardly afford the real estate commission, which would work out to $ 11 - 15,000.

I was wondering is it really difficult to sell a house without the services of a Realtor? What steps should I take, to make sure the transaction takes place, without a hitch?

I'd really appreciate the inputs of my fellow CD's who have had the experience of doing so.

Thanks in advance, for your ideas!



gopalpai   
Member since: Jul 09
Posts: 917
Location:

Post ID: #PID Posted on: 07-11-09 15:11:35

I have sent you pm. hope it helps.


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The best way to find yourself is to lose yourself in the service of others.”
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Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 07-11-09 19:27:09

Check website bytheowner dot com .... You would find all information there .... I have seen lots of houses being sold through this website .....


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Fido.


vga   
Member since: Oct 07
Posts: 1
Location:

Post ID: #PID Posted on: 17-11-09 13:21:56

It is very difficult to sell a house without a realtor. The process is very long and painful. The contacts and follow up are very difficult and come by being in the field, committment and experience. One can become a realtor and then sell their own house, coz. by then they know what needs to be done to sell a house.



RBO   
Member since: Aug 06
Posts: 1761
Location: Mississauaga

Post ID: #PID Posted on: 17-11-09 13:41:36

See your PM please.





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