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Have You Sold Your House on FSBO or Flat Fee MLS?

We had a crazy idea last week. We might sell our house and build a new one. Yes, I know, this is just one week after we almost bought a vacation home [1].

I’ll be the first to admit, I’m a bit impulsive… ok, I’m a lot impulsive. But don’t worry, once I get an idea in my head, I spend every possible minute analyzing it from every angle to make sure it’s a good idea. So the house isn’t for sale just yet.

Selling Without a Realtor

We’ve always used a realtor in the past, but I’m starting to think we can do the work ourselves. We have our lawyer review all of our contracts anyways, so I’m not worried about that part.

Since I’m home and Scott works part-time, we should have the time to do the legwork. And with the possibility to save up to $40,000 in commissions depending on the route we go, we should probably make the time, right?

We’re considering listing our house either FSBO [2] or on Flat Fee MLS [3]. We’ve noticed a trend in our neighborhood with the Flat Fee MLS listings; the last few houses listed were all done this way.

Before we proceed, I’d love to hear about your experiences selling your house yourself… the good, the bad, and the ugly!

Have you sold your house FSBO or Flat Fee MLS? How did it go?

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