Thoughts on selling a house

The real estate market in South Florida and I think the rest of the country is pretty rotten right now. Although I dig our agent, I’ve come to the conclusion that agents don’t really do all that much for you, they come in handy when the deal is ready to be done and can navigate you through the final waters of the deal, but that’s about it. I’m waiting for the web to really take a bigger part in the process of selling a house, what Zillow is doing is awesome and I’m hoping it’s but a glimpse of what is to come. The MLS system is dated, bloated and needs to just die, it was probably a great solution back in the day, but with the web I would seriously question it’s usefulness. We all need to stop taking money out of houses and realize that the equity in our homes is really the only form of savings we have. The tools and resources exist (Craigslist, Google Base, Trulia, RealEstate ABC)to give consumers more power and freedom in selling their house, so why isn’t anyone using it? Is it because we all need to have real estate agents to hold our hands throughout the whole process? Can we create some sort of new profession which consists of somebody that will essentially close the deal between both parties? Maybe like a mix between a title company and a real estate agent? That’s it for now, maybe once I sell my condo I’ll have more positive things to say about this whole process :-)

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One Comment

  1. Jeff Junatas
    Posted May 8, 2007 at 6:54 am | Permalink

    While I think it maybe is the fear and lack of understanding in the process that’s scared people from taking it on themselves I also think it could just be the convenience in just having someone else do it that has kept the whole thing in the realm of real estate agents. Although I’ve heard of regular people who have been able to sell their houses by themselves (so I don’t think it’s that overly complicated), it’s still time and effort for most people. Especially when you factor in the fear and lack of understanding part then all of a sudden it feels like a gigantous task when you haven’t even started yet. Yea and then you have all those papers to sign :)

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