QUESTION
Does property need to be listed if I have a buyer?
Asked on Mar 21st, 2015 on Residential Real Estate - Texas
More details to this question:
I want to sell to nephew who lives in house. I am senior citizen and want to save as much as I can. Must I enlist a real estate agent to do this or can I hire a real estate attorney to draw up papers after appraisal and inspection have been done and selling price agreed to?
1 ANSWER
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If you have a buyer, then there really is no reason to hire a broker. You can certainly hire an attorney to draw up the paperwork and assist you in the closing process. Usually, that will save a few thousand dollars to the seller. The attorney will often draw the papers on a flat fee basis so that you know your costs. Good luck! You will want to hire a real estate attorney.
Answered on Mar 24th, 2015 at 8:44 AM