Author Topic: Selling Condo w/o an agent  (Read 567 times)

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Offline My_Alter_Ego

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Selling Condo w/o an agent
« on: January 12, 2022, 02:47:51 PM »
I'm looking to sell my Pasadena condo, which I currently have rented out.  Fortunately, my tenant wants to buy the unit from me.  So I'm looking to avoid the realtor fees and just get an attorney to handle all the administrative tasks. 

Has anybody here sold a property without an agent?  What pitfalls should I be looking out for (other than sale price) and how much can I expect to pay in attorney fees to handle the paperwork and the transaction?

Offline USCTrojanCPA

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Re: Selling Condo w/o an agent
« Reply #1 on: January 12, 2022, 06:08:35 PM »
I'm looking to sell my Pasadena condo, which I currently have rented out.  Fortunately, my tenant wants to buy the unit from me.  So I'm looking to avoid the realtor fees and just get an attorney to handle all the administrative tasks. 

Has anybody here sold a property without an agent?  What pitfalls should I be looking out for (other than sale price) and how much can I expect to pay in attorney fees to handle the paperwork and the transaction?


Have you considered asking if any agents can handle all of the paperwork for you for a flat fee?  I've done that a few times for a few folks and I am also able to get escrow fee and owners title policy fee discounts for all my sellers because I use the same providers for all my listings.
Martin Mania, CPA
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Offline CLB_srA

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Re: Selling Condo w/o an agent
« Reply #2 on: January 16, 2022, 11:46:01 AM »
Just of curiosity, can you ballpark how much someone would save if they go through with this route?

Offline USCTrojanCPA

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Re: Selling Condo w/o an agent
« Reply #3 on: January 16, 2022, 06:33:38 PM »
Just of curiosity, can you ballpark how much someone would save if they go through with this route?

Most agents today are asking for 4% commission (split equally between the listing agent and buyer agent) so it depends on the price on the home. 
Martin Mania, CPA
AgencyOne
CA DRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!
Have license, will travel!

 

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