Tuesday, September 24, 2019 / by Sarah Graham
FSBO vs. Hiring a Realtor
When gearing up to sell your home, there are a number of reasons you may be tempted to take on a For Sale By Owner (FSBO) sale. Maybe you want to avoid losing profit of the commission fee that the real estate agent charges. Or you may mistrust the motives of a real estate agent.
Perhaps you think you know the local market and your own house better than anyone else. You may doubt what a real estate agent can bring to the table that you have not already thought of, especially knowing all the information you need is one click away on the internet.
Roughly 70% of people will start out selling their home as FSBO but in 2018, only 7 out of every 100 homes sold as FSBO. Most FSBO sellers say the decision to sell without an agent because they sold their property to a friend, a neighbor or a relative and according to National Associations of Real Estate report, FSBO homes sold for 25% LESS than the houses using a real estate agent.
Let’s take a look at both si. ...
Perhaps you think you know the local market and your own house better than anyone else. You may doubt what a real estate agent can bring to the table that you have not already thought of, especially knowing all the information you need is one click away on the internet.
Roughly 70% of people will start out selling their home as FSBO but in 2018, only 7 out of every 100 homes sold as FSBO. Most FSBO sellers say the decision to sell without an agent because they sold their property to a friend, a neighbor or a relative and according to National Associations of Real Estate report, FSBO homes sold for 25% LESS than the houses using a real estate agent.
Let’s take a look at both si. ...