Easy Questions  
Free Legal Documents

Do I Need A Realtor To Buy Or Sell A House in Charlestown, MD

Do I Need A Realtor To Buy Or Sell A House in Charlestown, MD


We shape our dwellings, and afterwards our dwellings shape us.
 
- Sir Winston Churchill


Bypassing real-estate agents and selling your property yourself may cut out a commission of up to 6% -- or $21,000 on a $350,000 home. You may also have the ability to lower your asking price by up to 6 percent to comparable listings in your community to help sell your house faster. Roughly 13 percent of real estate transactions today are for sale by owner (FSBO), according to the National Association of Realtors. About 45 percent of FSBO transactions involved people who already knew each other, such as family members or acquaintances.

A FSBO transaction requires that you follow all the legal rules that govern real estate transactions in your state, such as who must sign the papers, who can conduct the actual transaction, and what to do if and when encumbrances are discovered that slow down the transfer of ownership. You also comply with all state-mandated disclosures as to the physical condition of your house. Check out a free preview of the attorney drafted FSBO contracts, that are tailored for your state's requirements, at 1-2-Law.com.

There are resources that can help you find out what your home is worth. Sites like realtor.com, zillow.com and homegain.com can help you review comparable real estate listings available in your neighborhood.You could also ask a realtor or two to stop by for a comparative market analysis. They don't charge for the service and you should be candid about your intent to sell-by-owner. They may help you in hope of getting the listing if the FSBO doesn't work out for you.

Once you've arrived at a fair market price, you can either list for that amount or discount your price just enough to position your property as a bargain. Ads in the local newspaper, which may cost as little as $25 per month, can be surprisingly effective, considering a large percentage of buyers across the country upgrade into homes within their existing community. You may want to invest in a listing service, which publishes the specifics of available homes to realtors and potential buyers.

Packages priced at $229 and up also include a yard sign kit, access to a consultation line and automatic syndication of the listing to the real estate sections of partner Web sites like Google, Yahoo and USAToday. Higher-priced packages, which run as high as $809, also include a listing on Realtor.com and on the MLS.

You'll probably need to do some work on the home to make it as attractive and sellable as possible. You'll need to arrange for advertising, open houses, and research your selling price.

With banks continuing to tighten their lending restrictions, it's more important than ever to get your buyers prequalified or pre-approved. As the seller, you should demand a pre-approved mortgage letter with any written offer potential buyers make. You should work with a lawyer or Title Company during the closing, to ensure both you and the buyer have a legal representative who understands the process and is looking out for your best interests.

You need to be willing to invest the added time commitment of showing your own home.You may also feel uncomfortable opening your home to just anyone—whereas a realtor is bringing only bona fide potential buyers to your door.

Only you can decide if hiring a real estate agent or a lawyer is right for you. Check out 1-2-Law.com for listings of lawyers in your neighborhood. You can find realtor listings on websites such as realtor.com or zillow.com.
 
Personalize & Print a Free MD Last Will Download this Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free MD Living Will Download this Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Related Legal Services near Charlestown, MD
Callegary & Steedman
24 Office St
Bel Air, MD 21014
(410) 399-9997
Attorneys, Legal Service Plans
Kahoe Robert F Jr
9 S Hickory Ave
Bel Air, MD 21014
(410) 879-9906
Attorneys, Legal Service Plans
Plum Jeffrey J
108 N Bond St
Bel Air, MD 21014
(410) 879-9898
General Practice Attorneys, Attorneys, Legal Service Plans
Modell David
7700 Old Georgetown Rd Ste 500
Bethesda, MD 20814
(301) 634-9820
Attorneys
Brooks David
4405 E West Hwy Ste 601
Bethesda, MD 20814
(301) 654-9780
Attorneys, General Practice Attorneys
Kennedy & Baris LLP
4330 E West Hwy Ste 301
Bethesda, MD 20814
(301) 263-9734
Attorneys Referral & Information Service, Legal Service Plans, Attorneys
Ruben & Aronson LLP
4800 Montgomery Ln Ste 150
Bethesda, MD 20814
(301) 901-9696
Attorneys, Legal Service Plans
Robin Dennis R
2131 Defense Hwy Ste 1
Crofton, MD 21114
(410) 721-9680
Attorneys
Scull David L
7960 Old Georgetown Rd Ste 8C
Bethesda, MD 20814
(301) 913-9660
General Practice Attorneys, Attorneys
Estates
7960 Old Georgetown Rd
Bethesda, MD 20814
(301) 913-9660
Estate Planning Attorneys, Attorneys
Jonathan Drumgoole, NCC,LCPC
139 N Main St
Bel Air, MD 21014
(443) 955-9648
Family Law Attorneys, Attorneys, Divorce Assistance
Obecney, Carlton T - Selzer Gurvitch Rabin Obecny
4416 E West Hwy Ste 400
Bethesda, MD 20814
(301) 986-9600
Litigation & Tort Attorneys, Attorneys
Selig Barry F
4300 Montgomery Ave # 104B
Bethesda, MD 20814
(301) 986-9575
General Practice Attorneys, Attorneys, Legal Service Plans
Ezeala Jude C
5521 Harford Rd
Baltimore, MD 21214
(410) 922-9456
Attorneys
Hillman Arthur
3 Bethesda Metro Ctr # 530
Bethesda, MD 20814
(301) 718-9447
Attorneys
Sherman Arnold B
4800 Hampden Ln # 7th
Bethesda, MD 20814
(301) 951-9377
Attorneys
Koch Daniel S
4800 Hampden Ln
Bethesda, MD 20814
(301) 951-9371
General Practice Attorneys, Attorneys, Title Companies
Eisler Alan D
4800 Hampden Ln
Bethesda, MD 20814
(301) 951-9357
General Practice Attorneys, Attorneys
Dumais Kathleen M
4800 Hampden Ln # 700
Bethesda, MD 20814
(301) 951-9353
General Practice Attorneys, Attorneys
Hamayoun Aresh
4800 Hampden Ln
Bethesda, MD 20814
(301) 951-9343
Attorneys, Legal Service Plans
Cohn Debra A
4800 Hampden Ln
Bethesda, MD 20814
(301) 951-9341
Attorneys, Legal Service Plans
Fox Diane A
4800 Hampden Ln # 700
Bethesda, MD 20814
(301) 951-9336
General Practice Attorneys, Attorneys
Janowich John W
108 N Bond St
Bel Air, MD 21014
(410) 836-9329
Attorneys, Legal Service Plans
Eastman Hope B
4800 Hampden Ln # 700
Bethesda, MD 20814
(301) 951-9326
Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US