I need help brain storming.

I need to sell a property I own (2 bdrm, 2 bat townhouse) in the south bay area. Looking at the comps, I'm estimating that it's got a market value of about $615,000. Plus inventory is really low (only one other unit in the complex listed for $624k and not many others in the city). Things cooled over the holiday season but seem to be picking up now that that's over and the weather is getting nice again.

So I'm trying to decide several things:

Full 6% commission agents:
- PRO: full service, full staging, experienced agents
- CON: fricken $36,000 loss in commission alone

Fee based agent for 2.5-3% to buy agent and flat $5k to the sell agent
- PRO: cheaper... about an 2003 Civic Si cheaper.
- CON: not full service, may or may not stage, full commission agents boycott these properties (or try to)

I've already begun to arrange repaint, recarpet, cleaning, gardening, and repairs all myself. I have enough artistic sense to shoot pics myself and create flyers.

So besides paperwork, staging, and open houses, I'm not sure what's worth the full commission agent.

PLEASE HELP ME BRAINSTORM THE PROS AND CONS. (Yes, I make my own decisions, but I need brainstorm help)

 

I would go full.....They do all the work for you...and it will sell...36k out of almost 700k isnt really that bad if they can get the job done for you

 

Commission is negotiable by law. Honestly, after being in the business for a year now, I've seen endless examples of how people aren't doing themselves any favors by hiring a cut-rate service. Deadlines aren't met, improper contract forms are used, and most importantly, they have no hand in the negotiation process... when inspection time comes around, you'll want somebody with experience playing hardball.

 

exactly what i was going to post. when i bought my house, the seller only paid 4%.

 

ask ducky to sell it for you h:

 

Very good points. Ok, let me just measure the severity...

What if, with the fixed fee agent, you trusted the person to not drop the ball and that they are a competant agent.

What is inherent about the fixed fee agent that causes the things you mentioned? (missed deadlines, poor negotiation, wrong forms, etc)?

The reason I ask is because those things sound like they are symptoms of a bad agent, not necessarily the part of the system they are in.

 

how many square feet?

 

1140... why?

 

because this where people from outside of CA say that's crazy or no way or that's a ripoff, etc.

 

unless your fliping the property it's best to get a agent. Negotiate the seller fees..
got my agent down to 4% he was a new agent and hungry
In return i promised to pimp his name, Ive gotten him a gang of business
he is now in the top 15% for prudential realties.....