Can we sell?

UPDATED: Sep 30, 2022

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Can we sell?

My husband and I purchased a house 3 months ago, and opportunities arose for us to move for jobs. Can we sell the house ourselves without a realtor? We just would need to break even on the house. We wouldn’t look to make any money, but we also can not afford to lose a lot of money in the process. What are our options?

Asked on August 21, 2017 under Real Estate Law, South Dakota


SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

Legally, you can do a "for sale by owner" (often abbreviated FSBO): there is no legal obligation to have a realtor. That said, it's often worth it to have a realtor: 1) even though you'll pay the realtor 5-6%, if they get you 5-6% more money, that washes out--and they may well get you yet more; 2) they could, through their network and marketing resources, get you the sale faster, so you carry or hold onto this house for less time; 3) they will save you time which you can spend on finding a new house in your new location, packing, moving, etc.
But if you want to sell it yourself, you may. You can find and download contracts from the internet.

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

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