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Q&A for How to List for Sale by Owner Using MLS Listing
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QuestionCan a realtor sell their own home for sale by owner?Carla Toebe is a licensed Real Estate Broker in Richland, Washington. She has been an active real estate broker since 2005, and founded the real estate agency CT Realty LLC in 2013. She graduated from Washington State University with a BA in Business Administration and Management Information Systems.A Realtor must check with their brokerage policies and state policies. Generally, if a Realtor lists the property on the open market, the real estate brokerage must be advertised in the listing but state law may not require this or the brokerage may not require this if it is their own. The policies must be checked to be in compliance. A Realtor can make the independent contract with the brokerage so that no commission needs to be paid to the brokerage if they accept this stipulation.
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QuestionHow do I claim a listing on Zillow as an agent?Carla Toebe is a licensed Real Estate Broker in Richland, Washington. She has been an active real estate broker since 2005, and founded the real estate agency CT Realty LLC in 2013. She graduated from Washington State University with a BA in Business Administration and Management Information Systems.Search for the property on Zillow. The listing will ask if you are the agent and there should be a button that allows you to claim it as your listing. Zillow will already know who the agent is from the MLS feed and your name needs to match theirs.
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QuestionAre there closing costs when you sell a home for sale by owner?Carla Toebe is a licensed Real Estate Broker in Richland, Washington. She has been an active real estate broker since 2005, and founded the real estate agency CT Realty LLC in 2013. She graduated from Washington State University with a BA in Business Administration and Management Information Systems.As the owner, you must pay the excise tax, title and escrow fees, and any unpaid taxes during your ownership. A seller can request that the buyer pay the fees in the contract but these are typical seller costs even if you don't use a Realtor.
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QuestionOnce your house sells, who do you contact?Carla Toebe is a licensed Real Estate Broker in Richland, Washington. She has been an active real estate broker since 2005, and founded the real estate agency CT Realty LLC in 2013. She graduated from Washington State University with a BA in Business Administration and Management Information Systems.First you'll need to decide if you would rather have an attorney or an escrow firm close close on your property. You may find that the Realtor who represents your buyer has a preferred closer, so if you do not have one chosen you can go with their choice. Once you decide who will close the deal, they will be the one that you contact. If you decide to use an escrow firm, it's still a good idea to have an attorney review the contracts and addenda.
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