When selling or buying a home, the realtor commissions can take a serious bite out of your profit. Heres a primer on how to sell a home for free without commissions.
Sell A Home For Free
When many people think of a real estate sale, they immediately groan at the thought of dealing with real estate agents. More painful, for many, is the thought of paying a six percent commission to an agent. In the last five years, the real estate market has seen a significant increase in the number of people who sell their home without using agents.
A property sold without a real estate agent is known as a FSBO, which simply means for sale by owner. If you take a look at the real estate classifieds in the Sunday edition of your local paper, you should see plenty of FSBO listings. With the increasing popularity of the Internet, there are numerous sites such as FSBOAmerica.org that provide national listings online for free viewing by potential buyers. This is giving rise to a fundamental change in the real estate industry.
Prior to the Internet exploding onto the scene, selling or buying real estate could be a major time killer. One typically signed on with a real...