Trying to sell my home FOR SALE BY OWNER, anyone done succussfully want to share pros and cons?

Trying to sell my home FOR SALE BY OWNER, anyone done succussfully want to share pros and cons?

I have a condo in and have never sold a home. I have listed on some free sites (owners.com, Craigslist), with some nice digital photos. I just wonder if I am in over my head as it even generating brochures seems time consuming. I have signs posted, but don't know if I should go ahead and get an agent, and if so, what should I be looking for to see they earn their money?

The Answer : A real estate agent is not merely a marketing professional they are for all practical purposes your business partners since they will receive as their compensation a percentage of the sale price you receive so they will attempt to market your property for the most that they know the market will bear. In addition the agent needs to keep you and themselves out of court and make sure that all the paper work is completed correctly and that it represents the true meeting of the minds between the buyer and the seller. In addition they are required by law to make sure that both the buyers and the sellers receive certain disclosures that are in most cases required by state and or federal law which if not done properly can carry hefty penalties to either the seller and or the buyer. Just to prove the point here is a list of the required disclosures in the state of CaliforniaDisclosure of known or should have known facts by agents.http://www.calif-legal.com/articles/mar_...All required real estate disclosures by lawhttp://www.dre.cahwnet.gov/disclosures.h... Here is what the government's opinions are on buying and selling with and without an agentHUD Tips on selling your home(With a realtor, without one)http://www.hud.gov/selling/index.cfm...Finally here is what the buyers are told by the government that they need to consider when buying a home and that you will need to know as a seller so you can answer their questionsHUD 100 questions and answers on buying a homehttp://www.hud.gov/offices/hsg/sfh/buyin... I've been in the real estate business since the mid 70's and I have seen good intentions turn out to be nightmares when someone decides that they don't need the education, and experience that a licensed agent can provide so I really do recommend that in the worst scenario you get a qualified real estate attorney if you decide not to use a real estate agent to help you in the selling of your property.I wish you the best of luck