Quote:
Originally Posted by Hondaracer
financially it makes too much sense not to..
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In the Vancouver market I think it makes absolute sense to sell without a realtor. You have a huge market pool, and it is a sellers market. There is basically no work for realtors aside from hiring a photo guy and slapping a description together for MLS.
There are a few problems you run into though.
The first is if you go with going the route of a discounted service (Comfree, 1% realty, 2% realty... etc), people just go
"Oh, well you are not paying realtors fees... so give me the commission off your price and then we can start negotiations". A large number of people you run into that surf those kind of listings are going to be like that.
The other problem is that realtors passively look out for themselves... so even if you are offering a full buyers commission, they may still direct their clients to other properties and avoid yours even if it would be a perfect fit