The subject of Paul Sullivan's Wealth Matters column this week is a man, Bob Fisher, who is trying to sell his house himself after two brokers were unable to sell two other properties he owns.
Sure, Mr. Fisher is a wealthy man trying to sell a large estate on a mountaintop in Highlands, N.C., for at least $18 million. But even people trying to sell much simpler homes for significantly less share his frustration with the real estate market.
Mr. Fisher has tried some of the techniques that worked for him in the business world, reaching out to people he knows who could afford his house and might be interested in such an estate. He has also created a network of people connected to the wealthy - everyone from Realtors to hair dressers - and offered a $250,000 finder's fee to the person who refers the eventual buyer. Still, no luck.
Have you tried to sell your home yourself? What did you learn from the process? And wha t advice could you give to others?
