How to FSBO | TexAgs

RAB87

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11:40a, 6/4/24

AG

Unfortunately, my dad passed recently. He had moved to an assisted living facility and was attempting to FSBO his home in the Austin area. I now have a somewhat competitive verbal offer from one of his prospects. The house is several decades old and may have repairs noted in the home inspection. What is a good source of information on contracting, inspection, title transfer, etc. to close this sale without a real estate agent?

SteveBott

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1:44p, 6/4/24

AG

A lawyer. You can do this blind or pay for help. Your choice.

Repairs- do your own inspection. About 450-500. Then you can use their expertise to counter the buyers report. Negotiations from there.

Title- does all the transaction paperwork. I can refer if you want. Title guy that's done all my refinance deals for 20+ years. Title guy is also a lawyer.

Price? I'd get a realtor to do MLS comps to know fair value. Red Pear Felipe can do that on a fixed price.

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schwack schwack

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In reply to SteveBott • 2:19p, 6/4/24

AG

All solid suggestions.

Red Pear Felipe

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In reply to RAB87 • 3:57p, 6/5/24

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AG

Howdy RAB87,

I'm sorry for the passing of your father and I offer your family my condolences during this difficult time. As SteveBott mentioned, I'd be more than happy to help you out finding comps. We are Aggie owned and operated and are a FULL SERVICE brokerage offering 1.5% listing fees and buyer rebates for our clients. Feel free to reach out to me if you have any questions. Email me at felipe@myredpear.com or call me at 512-270-1652. Thanks and Gig 'Em!

Sponsor Message: We Split Commissions. Full Service Agents in Austin, Bryan-College Station, Dallas-Fort Worth, Houston and San Antonio. Red Pear Realty Austin Monthly

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Martin Q. Blank

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9:11p, 6/5/24

If you have an agreed price, just fill out the TREC form found online and give it to a title company. They'll handle the rest. The buyer will do an inspection if they want.

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Agilaw

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10:56p, 6/5/24

AG

Unless you have done a few real estate transactions before, I would for sure recommend representation from a real estate professional on this transaction.

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