Posted by TC on February 14, 2000 at 08:17:11:
Hi Steve.I have a house that I did a nonexclusive listing with a realtor on.The realtor came to me to list this and I wanted to be able to also market the property myself.If I sell first the realtor gets no commission.
I ran a ad in the newspaper something simular to this:For Sale By Owner “No Bank Qualifing”.The phone rang off the wall.The question the callers mostly had was what does the no bank qualify mean.I would explain to them that I had a mortgage broker that would do the qualifing and that it was a lot easier than a bank qualify.
Within a week I had a signed contract (Prequalified) and got my asking price.It felt pretty good to tell the realtor to unlist it that I had it sold.
The ad in the news paper,Sign in the yard along with info flyers passed out should start getting a you good response.
The typical realtor will only place the house on the MLS and wait for a bite.
Hope this helps.
I also keep the list of possible buyers for any other deals I come accross!