r/FirstTimeHomeSeller

▲ 6 r/FirstTimeHomeSeller+1 crossposts

Recommendations for a No Win No Fee Conveyancing Negligence Lawyer?

Our conveyancing lawyer didn't flag that the property we were buying was missing a key safety certificate. This came up when we tried to sell it and now it seems the property cannot ever get that certificate and might be unsellable except to cash buyers. We have a long paper trail and a unique situation where we can prove that our conveyancing lawyer gave us bad advice. Any recommendations for who we should go to with the case?

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u/Flat_Expression_742 — 9 days ago
▲ 3 r/FirstTimeHomeSeller+1 crossposts

I inherited a home that needs a lot of work and consulted w/ a realtor who said it's likely for cash buyers as a bank may not mortgage it for roof reasons. I know a serious buyer who offered to buy it "as is" at 12k less than the sale price realtor estimates. There is an option to put it on the market per usual and sell for more (despite my first sentence, most of the interior of the home is renovated).

There's a Right of First Refusal agreement with a local institution that further complicates the matter- for those who don't know, it means once someone puts an offer on the house, I legally have to present that to the institution, which would decide whether or not they want to buy it and if they do, they pay that offer instead. So, there's a chance the institution would buy it and I don't want to shortchange myself with that kind of pocketbook (the only reason I would open it up to the market). I'm pretty sure they'll demolish the home if they buy it.

If I go the FSBO route w/ potential buyer, the realtor confirmed they can do a flat fee instead of commission to assist with contracts & such. The potential buyer is a smalltime real estate investor and handyman, and is encouraging me to forgo a realtor to avoid the expense, confidently stating "all we'd need to do is have a Purchasing Agreement and lawyers involved. I can do all that stuff"

I've never owned or sold a home, and I'm pretty risk adverse. I also have limited bandwidth and time to "figure it out"...whatever "it" is. Is it really as simple as the potential buyer says (FSBO w/ no realtor involved), and if so, what are the risks I should consider? What option is the wisest?

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u/Puzzleheaded-Pea2850 — 9 days ago

The rocket offers and Opendoor legitimacy

Look for some advice or info from anyone who has dealt with The Rocket Offers and/or Opendoor.
My husband is trying to sell our home via these 2 companies to avoid listing in hopes of getting less deductions via real estate commissions and just overall to skip the whole showings and all that jazz. After I did some research, everything about Rocket Offers was terrible, not to mention scammy, and my husband signed an acceptance on an offer with them vs waiting to hear back from Opendoor. If Opendoor provides us with a better offer is there anyway to back out of the other one?
TIA

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u/Sea_Nectarine4484 — 9 days ago
▲ 5 r/FirstTimeHomeSeller+1 crossposts

Selling my house. Should I stay local or leave while it’s on the market?

Hey everyone, I’m selling my house in Denver and trying to decide whether to stay local (in-town/in-state) or leave while it’s on the market.

Quick background:

- No emotional attachment to the place, so part of me wants to get away.

- Low on cash, no family/friends nearby to hold keys or check the house.

- Realtor prefers I be flexible for showings; I’m OK with flexibility but need boundaries.

- I’ve told the agent my baseline: 24-hour notice, ideal showing window 10AM –4 PM, and I’ll consider pre-scheduled exceptions. But she has told me it’s a tough market so most people like to come by after work sometimes at 7pm.

- I’m open to working from a coworking space and using the house mainly to sleep if I stay local.

- Concerned about security, unexpected repairs, and the mental burden of being the on-call person while I’m away.

- Denver market feels slow, but May/early summer seems like the best time to list.

Questions for people who’ve been through this:

  1. If you sold a house with no local backup and low funds, did you stay nearby or leave? Why?

  2. What problems came up when you were away, and how were they handled (realtor, handyman, home-watch, remote cameras, etc.)?

  3. Is 24-hour notice + 10–4 preference reasonable, or will that seriously hurt showings/offers?

  4. Any low-cost services or tactics that made being away workable (cheap home-watch, lockbox setup, authorized spend limits, etc.)?

  5. For Denver sellers specifically: did being local help you get a better sale or faster offers in a slow market?

Thanks 🙏 looking for practical experiences, stories, and any trade-offs you’d recommend.

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u/Indiff-88Yin — 6 days ago