Selling Home by Owner Pros & Cons
Photo by Mary Hautman

A Brownstoner reader is considering selling their home by owner.

FishieFishie writes:

Ever sold your NYC home yourself, without a broker? Obviously, people do this all the time, but I was wondering how it works, especially with a co-op. Where do you advertise? Is it possible to advertise in some “old-fashioned” way, the way newspaper ads used to be, without over-sharing, or do all sites require everything, starting with name/address? What information of your own do you have to collect to provide people? Although you can’t reject people for protected categories, how does one reject a prospective buyer for other reasons – like he’s just so unpleasant to deal with? At what point does the inevitable lawyer get involved?

Commenters are mixed — a couple have bought and sold sans broker and it worked out fine, but others suggest at least considering hiring an agent for the sake of more exposure and less work. You could also list your home directly on Brownstoner. Have you done this before? Share your thoughts in the original post.

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