‘I Will Never Let Someone Take 50K From Me For Doing 4 Hours Of Work,’ Says A Home Seller. ‘Selling A House The Traditional Way Is Absurd’
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
A frustrated homeowner got a lot of attention online after criticizing the traditional real estate commission model and declaring they will sell their home without an agent.
“I want to sell my house in the next 6 months and I refuse to pay someone $48,000 to $55,000 to take 6% of the selling price,” the poster wrote on Reddit’s real estate forum. “Selling a house the ‘traditional’ way is absurd. I will never let someone take 50K from me for doing 4 hours of work. Ridiculous beyond all levels of ridiculousness.”
Many chimed in to agree that paying tens of thousands to a real estate agent, especially on a high-value home, no longer makes sense.
Don’t Miss:
“Perhaps when houses were 100K to 150K, paying 6% might have made a small amount of sense,” the original poster added. “But not when you are at $700K, $900K, $1M.”
The seller said they plan to skip the agent and go the For Sale By Owner route by hiring a real estate attorney, paying for professional photos, and using a flat-fee service to get listed on the Multiple Listing Service.
Others who have successfully sold homes on their own were quick to offer tips and support.
“I’ve sold 4 homes as FSBO in the last 8 years,” one person shared. “I saved nearly $100K doing it myself. Was it a lot of work? Yup. Was it worth it? Also yup.”
Trending: Arrived Home’s Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum.
That same commenter outlined key steps for success: pricing the home based on nearby sales, hiring a good attorney, staging the property, and being ready for showings and inspections. “I never hired a photographer and I always received compliments on the photos I took,” they added.
Several people recommended flat-fee MLS services, which can cost as little as $100 to $500. Some used Facebook Marketplace, Craigslist, or yard signs to attract buyers.
While many FSBO sellers said the process was manageable, they cautioned about challenges, particularly dealing with buyer’s agents who expect the seller to cover their commission.
