Ron Paul Selling House His Way -- Independently

Texas congressman Ron Paul, a potential presidential candidate, is preparing for a move to a new house. He used Facebook to announce Thursday that his 5,500-square-foot Lake Jackson, Tex., house is up for sale for $325,000.

He has owned the 4-bedroom, 5-bath home for 42 years. With a Zestimate of $217,000, the home has an office with built-in book shelves, there is a formal dining room, a family room, living room and a craft room. See photos of the house. With a two-car garage and swimming pool, the home is about a 50-minute drive to Houston.

Property records indicate that the home is 4,934 square feet, a tad bit smaller than Paul claims. The Republican's home is not on the Multiple Listing Service. There is, however, a Search Homes for Sale See photos of homes for sale in your area and across the country on AOL Real Estate designated website where he announces "Generations of Liberty loving kids have grown up here, and you can continue the tradition."

Tee Maher, who likes Paul's Facebook fan page, suggests the home should be auctioned off instead.

Another fan, Bartholemew Gonzalez, an economics major in the 2011 graduating class at George Mason University, says, "We all know you could get more for that house (based on popularity alone). You have to include yourself in the valuation of the home."

Whereas Eric Rice thinks a nonprofit should buy the house and "turn it into his presidential museum."

But Terry Harris of Stockport, Ohio, who thinks the for sale ad is out of place on Paul's political Facebook page, also thinks Paul should "pay a real estate agent. You can afford [it.]"

Whether or not he will actually sell the home, with or without an agent, one thing is for sure: Paul has gained a few more fans to his Facebook page since making the announcement. When the Houston Chronicle wrote its story on April 14, Paul had 323,351 fans. As of this writing he has 325,633 fans. If everyone chipped in just a dollar, they could own the home as a co-op.

Ron Paul, who ran for U.S. president in 2008 and may do so in 2012, is using Facebook to hawk his house. See more photos of the home. (Photo credit:

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Florida RE Agent

If you're willing to handle the liability of selling your own home and all the disclosures and overall paperwork, then go for it...but I would say most people don't have a clue as to all the things a Realtor handles to make the sale happen. It's everything from A to Z. It's just not as simple as show it and have a buyer give you a check. There are many people involved in the sale of a property. Contracts are used to hold parties to their word. We have the resources of qualified vendors for repairs and lenders who can get the job done. REALTORS HOLD THE DEAL TOGETHER. It is a fact that 85% of people who attempt to sell their own property will end up using a real estate agent. Selling a property is a very complex process and most people just don't realize it until they try to do it for themselves...and boy is it an eye opener.

April 22 2011 at 2:42 PM Report abuse rate up rate down Reply
Latoya Rutledge

Seller financing can be a great way to get a house sold without slashing the price. By recognizing the millions of people who can't get traditional financing as potential buyers, resourceful property sellers (and their real estate agents) can minimize their time investment in getting a property sold. Even better, sellers who offer financing can usually get a higher asking price for their property, even in the slowest markets. Clearly this is a win-win situation.

April 22 2011 at 1:29 AM Report abuse rate up rate down Reply

Paul is starting to sound as nutty as his kid Rand.

April 21 2011 at 5:52 AM Report abuse rate up rate down Reply

April 21 2011 at 2:14 AM Report abuse rate up rate down Reply

I can't believe the simpletons commenting on this story. Ron Paul owns many properties and knows how to sell a property without a realtor. Anyone can do it. That's not to suggest realtors don't provide an important service, but they are primarily marketers. The title agency handles the important work involved in a sale. This is America and people can and should sell their properties any way they please. The fact that Ron Paul lived in one house for 4 decades and raised a great family and has stayed married to the same wonderful wife for all that time means he is dependable and well-grounded. After all, if a man's wife can't trust him, then why should we. Newt? Trump? And most other politicians...? I'll take Ron Paul over them any day. Paul predicted our current economic decline and the destruction of the dollar at the hands of out-of-control big-spending politicians. Yep, I would vote for Ron Paul for Pres over Obama any day.

April 21 2011 at 12:22 AM Report abuse +2 rate up rate down Reply

I love Lake Jackson, TX!

April 21 2011 at 12:01 AM Report abuse rate up rate down Reply


April 20 2011 at 11:49 PM Report abuse rate up rate down Reply
jay love

Nancy: as far as realtors following the law....what a laugh, realtors I have met in the past were basically following a check and that was all! I cuaght sevral in really huge ethical lie's and misrepresentations in the deals and should by all accounts been able to sue them and their sellers, but attorneys won't take a case unless there is a million bucks to be had in it, and state agencies won't act on complaints, or take years to give a slap on the wrist if even that? I would feel better handling my own transactions any day compared with some of the sleazy stuff I have witnessed out there?

April 20 2011 at 11:11 PM Report abuse +2 rate up rate down Reply
jay love

I say GOOD for Ron Paul and boo hoo to all the nay sayers that are putting him down. by the way I have sold several properties with and without an agent and I had absolutely no problems, nor did the buyers, when I sold the homes or raw land by myself. its not rocket science!!

April 20 2011 at 11:05 PM Report abuse +5 rate up rate down Reply
1 reply to jay love's comment

He's trying to sell it before the wildfires burn it to the ground...

April 21 2011 at 12:03 AM Report abuse +1 rate up rate down Reply
1 reply to steves1709's comment

You do realize there are no wildfires close to Lake Jackson?

April 21 2011 at 2:53 AM Report abuse +1 rate up rate down

So how much is he paying for this additional advertisement on AOL?

April 20 2011 at 10:11 PM Report abuse rate up rate down Reply