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Ahhh....boss and my house....

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  • Ahhh....boss and my house....

    Just talked to my boss who is really cool. He's known all along that it's likely we'll be moving in the spring.

    We were chatting about job opps / his support if we relocate to certain areas.

    Then, he starts asking about our condo. He wants me to let him look at it before we put it on the market -- he would consider buying it for his daughter who may stay in town for grad school.

    What could I say? But I don't want to have my boss strolling through our place and I know DW always feels better about real estate if we have an agent involved....bargaining issues....price points....

    Any thoughts? Am I weird about being worried about this?

  • #2
    I say come to an agreement on a price w/your wife, and then let the guy look at it. Tell him about the realtor concerns / price points, etc. so that he knows you're firm on the price. I totally understand your wife's hesitance to go w/o a realtor -- but the fees are just SO high that if you can avoid it .... you'll save a BUNDLE.

    Not to mention avoiding the hassle of having it on the market. I realize you don't have kids mucking it up - but keeping things "show worthy" is such a PITA!

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    • #3
      Yeah, I know there could be significant upsides. I hear you about being firm with the price. Luckily, I think I have a pretty good idea of what our condos are selling for so I could determine a price that would put us in good shape. And you're right the realtor's fees are so high -- 6 % at least, right?

      If I got to a solid price point, made him see his 6% discount and held firm there I would love to bypass all of the showing.

      But would I just use the lawyer that helped close on our place to structure a contract and do the closing?

      Maybe I'm more scared of explaining this to DW than I am of going through with this! Of course, that might be a different post.

      But since we're in the financial section, DW is pretty risk averse (even when risks are mostly perceived). As I've alluded to before, she'd likely need someone else (other than me) to illustrate to her that this could be a sound financial decision.

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      • #4
        That could sure make your life easier.

        My thought is -- you know your boss best (or better than all of us ) and know if he would be a PITA down the road if something went wrong with your condo.

        I think a few people here (Cumberland?) have done a FSBO sale. Maybe they will weigh in on how to proceed with closing and such.

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