I’m about to sell my small house and it’s a completely new experience for me. I’m not sure what my options are and what I should avoid. The thing is, my neighbor has asked me on multiple occasions to let him know if I’m selling because he wants to buy the house for his daughter. I really appreciate his help and kindness, but this isn’t something that I’m using to affect my decision, it’s just a financial matter.
My options are to either skip the realtor, look up comps myself, and offer the house to my neighbor at the price I think it would sell for; hire a real estate attorney/lender to do the sale; talk to a few realtors and don’t sign any listing agreements; or ignore my neighbor and just sell the house.
The truth is, I don’t know what to do. Going through a realtor would be the safest option, but discussing my neighbor’s desire to purchase the house with them would be a good idea too. If I decide to go through a realtor, I should consider taking the highest number they suggest in their CMA and let my neighbor know my intention is to list. If I skip the realtor, I could save money, which I could then share with my neighbor.
I realize this is a tough decision, but I just want to make sure I explore all of my options first before I make my final decision. Whatever I decide to do, I want to make sure I get a fair price for my house.