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GDSOB GDSOB is offline
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Join Date: Jan 2002
Location: SW Ohio
Posts: 806
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You have a few choices:

1) Go FSBO and handle everything yourself. You get to control the entire process including marketing and who you let in the house.

2) List w/ an agent to put on the MLS. As stated above, you can direct your agent to specifically exclude your neighbor and his brokerage. The agent works for you and can/should do this. You would have to specifically state this in your contract as MLS listings have to follow the strict MLS policy regarding showing availability. Problem is your neighbor might respond by excluding your agent from any of their listings and the agent might not be too keen on that.

3) You can also list with a brokerage that will allow "non-mls" listing for a flat fee. This is like fsbo with Realtor assistance and the typical fee would be less than 2%. You have the brokerage do the marketing, coordiate the showings and handle the contracts. This allows you to cirumvent the MLS restrictions while still having decent marketing and support. In the spirit of full disclosure- I am an Ohio licensed Real Estate Broker. We do this all the time primarily because the seller can't afford the 3% co-op and we sell a good percentage of our homes without a co-op agent.

In any case, price it really well and the buyers will come.
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Old 01-20-2008, 11:45 AM
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