[5-DayForum] Why not use a realtor?

FKSYBARITE at cs.com FKSYBARITE at cs.com
Tue Nov 6 18:26:31 EST 2007


I have been an investor for 25 years, buying and selling houses in Las Vegas. 
 I try to sell them on my own and also list them with a realtor on MLS.  The 
realtor sells them 4 out of 5 times.  The INTERESTING part is that a realtor 
will invariably get $10,000.00 to $15,000.00 more than I can sell on my own, 
because of the MLS network. So, on a $250,000 to $300,000 sale, that equates to 
a 4% commission, which is what I pay (most realtors will list at 4% nowadays). 
 It's basically the same, either way, which is ironic, because the person who 
bought with the realtor will pay more, but SE LA VIE.  So, my QUESTION is: 
Why not have a 5 day sale with your realtor?  Your realtor can list it on MLS 
starting Wednesday and ending Sunday, the same, and follow the same rules all 
the way though, listing at 50%.  It doesn't matter if another realtor brings a 
client, because its all worked out in the 4% commission.  Wouldn't you end up 
with the same result, and not even have to do it yourself?  That MLS is very 
powerful in reaching people here in Las Vegas.
Frank   
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