Don’t sell it yourself! Sometimes a “FSBO,” or house “for sale by owner” can sell as fast, and for as much as it would have if listed with a real estate agent. Sometimes. Before you decide to give it a try though, consider the following ten points.
1. Most buyers work with agents. They look through MLS listings. If you don’t list with an agent, most buyers will never see or hear about your home. It’s hard to find that “right” buyer or get top dollar when your invisible to most of the market.
2. FSBOs get lower offers. It’s only logical. The buyer thinks you’ll take less because you’re saving the commission! Save $10,000, get $10,000 less – where’s the advantage in that?
3. You pay advertising. All the costs the real estate office normally pays are yours if you sell it yourself. How much will you spend on ads if it takes a a year to sell?
4. You don’t have the resources. The agent has books of sold properties to look at, for example, to determine the best price for your home. You can get that information by digging through county records, but you do have to...
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