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»» Should I hire a Realtor or sell For Sale by Owner?
Should I hire a Realtor or sell For Sale by Owner?
This is a question that every seller must answer prior to selling their house. For sale by owner(FSBO) represents a growing trend in the real estate industry as many people are demonstrating their do-it-yourself spirit rather than pay the commission fees (usually 6%-7%) of real estate agents for their role in selling their property. In most cases, the commission fee represents thousands of dollars - quite a considerable sum of money that many owners feel would be more beneficial towards their own purposes.
The rise of the internet has revolutionized the entire real estate industry, including making FSBO a more popular option. The internet has given birth to numerous real estate services that offer to market and list FSBO properties at a small price compared to what a commission fee would cost. The National Association of Realtors estimates that eighteen percent (18%) of real estate sales nationwide are done without involvement from an agent.
Here are some reasons why many people choose to sell their properties on their own rather than using a real estate agent:
The main reason to sell your home "For Sale By Owner" is to save on the commission you pay for an agents help. Today there are several alternatives on the market that allow you to get the advice and exposure provided by listing with an agent at much more reasonable costs. For more info on these alternatives
