FSBO vs. Realtor: How Should You Sell Your Home?
AuthorVivian Tejada. Date:
One of the most important decisions you’ll make in the process of selling your home is whether or not to work with a real estate agent. Although most homeowners hire a listing agent to help them price, promote, and ultimately sell their property, others decide to sell their homes through a process called FSBO, or “for sale by owner.” A seller may choose FSBO over hiring an agent because they’re confident they’ll sell their home without professional help. In many cases, an FSBO seller knows the future buyer or has a pool of interested buyers willing to compete for their property. In either case, the seller is usually looking to save money on realtor fees. Research suggests that 36% of sellers try to sell their homes themselves at some point, but only 11% of sellers end up following through with an FSBO home sale. This is because selling a home … Continued
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