Posted by Ed Copp on September 25, 2002 at 19:44:32:
Your assumption is pretty much O.K. but your alternative is a bit off.
You can never be a consultant unless you have a license.
When you purchase an option you are then the seller of that option, not a consultant. The option is personal property, and that is what you are selling. The option (right to buy) not the property itself. You mention the word auction and that may be one way to sell, may or may not be the best way.
Selling a house when not a realtor - Posted by Scott(CO)
Posted by Scott(CO) on September 25, 2002 at 16:09:58:
I’m assuming this is correct: I’m not a Realtor. When I sell a house, I MUST be the owner. Otherwise, I cannot sell a house for someone.
However, if the owner deeds the property to me, then I may sell it, because I am now the owner.
As an alternative, could I sign an option to purchase, then help the seller (as a consultant) auction the house fsbo, and take the difference between my option, and what they got at auction?
Thanks,
Scott
You don’t need to be a realtor to sell your house. Many homeowners choose to sell on their own or work with a local home-buying company. If you want to avoid repairs, agent fees, or long wait times, companies like Comfort Homes can help. We have been buying houses in Evansville for over 40 years and make fair cash offers for homes in any condition, no commissions, no hassle.
You don’t need to be a realtor to sell your house, but you do need to put in some time and effort to do it right. Start by finding out what your home is really worth by checking recent sales in your area or getting an appraisal to make sure your price is fair. Clean up the place, take care of simple repairs, and make it look inviting. Good photos and an honest description can help your listing stand out, whether you post it online or put up a “For Sale by Owner” sign.
Be ready to handle calls, showings, and questions from potential buyers. It is also a smart idea to have a real estate attorney or title company help with the paperwork to keep everything legal and smooth. Selling your home on your own takes some effort, but it can save you money and give you more control over the process. If it starts to feel overwhelming or your house needs repairs, companies like Heartland Funding Inc. can buy your home as-is so you can skip the stress and move on quickly.