Thinking about going it alone?
Are you tempted try a For Sale by Owner (FSBO) transaction because your local community is in the midst of a sellers’ market and you think they can sell easily without help. Or do you want to try the FSBO route to maximize your profits and avoid paying a commission to a Realtor?
Even though, statistics show that selling your home with the assistance of a professional real estate agent will garner you a higher profit, enough to cover the commission as well as put more money in your pocket your experience with a For-Sale-By-Owner may be contrary to what others have experienced. According to the National Association of Realtor’s 2015 Profile of Home Buyers and Sellers, the average FSBO sales price was $174,900, while the average price for a home represented by an agent was $215,000, a difference of $40,100. If you want to go it alone, here are some tips that may help you achieve results similar to what a Realtor may.