FSBO: Should You Sell Your Home Without a Realtor"
Who knows your home better than you do" Not only have you actually lived in it, but you know all of the home?s great features. You?ve put years of TLC into it. So it may seem like a waste of money to pay someone else thousands of dollars to sell your property. Especially if you?ve […]
The post FSBO: Should You Sell Your Home Without a Realtor" appeared first on Freshome.com.
Who knows your home better than you do" Not only have you actually lived in it, but you know all of the home?s great features. You?ve put years of TLC into it. So it may seem like a waste of money to pay someone else thousands of dollars to sell your property. Especially if you?ve done your homework and have a pretty good idea of how For Sale By Owner (FSBO) works. However, have you considered all of the other factors that go into FSBO" Below, Freshome takes a look at the pros and cons of selling your home without a realtor.
Advantage: Saving Money
FSBO can eliminate the middle man. Image: RichLegg/Getty Images
The most obvious advantage is the amount of money you could potentially save. ?Typically, a realtor charges a 6 percent listing fee: 3 percent to the buyer’s agent, 3 percent to the listing agent, and selling by owner waives this fee,? explains Amanda Graham, a real estate agent at MacDonald/Becker/TTR Sotheby?s International Realty in Washington, DC. ?Also, the homeowner is in control of the price and negotiates with the buyer for the terms they want,? Graham sa...
The post FSBO: Should You Sell Your Home Without a Realtor" appeared first on Freshome.com.
Who knows your home better than you do" Not only have you actually lived in it, but you know all of the home?s great features. You?ve put years of TLC into it. So it may seem like a waste of money to pay someone else thousands of dollars to sell your property. Especially if you?ve done your homework and have a pretty good idea of how For Sale By Owner (FSBO) works. However, have you considered all of the other factors that go into FSBO" Below, Freshome takes a look at the pros and cons of selling your home without a realtor.
Advantage: Saving Money
FSBO can eliminate the middle man. Image: RichLegg/Getty Images
The most obvious advantage is the amount of money you could potentially save. ?Typically, a realtor charges a 6 percent listing fee: 3 percent to the buyer’s agent, 3 percent to the listing agent, and selling by owner waives this fee,? explains Amanda Graham, a real estate agent at MacDonald/Becker/TTR Sotheby?s International Realty in Washington, DC. ?Also, the homeowner is in control of the price and negotiates with the buyer for the terms they want,? Graham sa...
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