For Sale By Owner: Home buyers and sellers moving away from traditional real estate transactions
Channel: Roy Oppenheim
Date: 2021-03-25

Interested what the for sale by owner is all about? Listen to Roy Oppenheim on Local 10 Miami. 

BROWARD COUNTY, Fla. – When it comes to real estate here in South Florida and many other areas of the country, it’s a hot sellers’ market and market experts say more people are foregoing the traditional path and taking the process into their own hands.

When Suzanne Tuccelli and her husband started thinking about moving into a smaller home in their Deerfield Beach neighborhood three years ago, they found a house that seemed perfect, but wasn’t for sale so they reached out to the owner in a unique way.

“I wrote a little letter and put it on his door and we didn’t hear a thing,” she said.

Out of the blue, a couple of months ago, the owner of that house gave her a call.

“He said that he had kept our letter for whatever reason and he found it and asked were we still interested. We were overjoyed,” she said.

So were Steve and Arlene Petrosky when, on a whim, they put their Pembroke Pines house up “for sale by owner” online.

“I put the house on Zillow, took pictures with my cellphone and put them on Zillow on Sunday afternoon. By Wednesday night we had a handshake deal and the house was sold the following week,” he said.

Roy Oppenheim, a real estate attorney in Weston, said that currently 11-15% of real estate transactions don’t involve a realtor.

“And it’s a phenomenon that’s going to grow and change just because of where we are,” he said.

Oppenheim said there’s also pressure on traditional real estate commissions.

Read More: https://southfloridalawblog.com/for-sale-by-owner-home-buyers-and-sellers-moving-away-from-traditional-real-estate-transactions/

Originally posted at: https://www.local10.com/news/local/2021/03/24/home-buyers-and-sellers-moving-away-from-traditional-real-estate-transactions/

5 Convenient Locations

Oppenheim Law & Weston Title
2500 Weston Road, Suite 209
Weston, FL 33331
Tel 954-384-6114 | Toll Free 888-384-6114
https://www.oppenheimlaw.com 

7777 Glades Road, Suite 100
Boca Raton, FL 33434

500 East Broward Boulevard, Suite 1710
Fort Lauderdale, FL 33394

701 Brickell Avenue, Suite 1550
Miami, FL 33131

515 N Flagler Dr, Suite P-300
West Palm Beach, FL 33401

#Forsalebyowner #homebuyers #homesellers