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Over the past few weeks, I've received a lot of questions from home sellers. The market is starting to heat up, and they are deciding how they should go about selling their home. One thing I've been getting asked about a lot is FSBO (For Sale By Owner) homes, and how viable the option really is. Before you decide to undertake the task of selling your home, I want to provide you with some helpful information for your decision. Just like anything, there are advantages and disadvantages, so let's take a look at them now. We'll start with the advantages.
When you sell your home by yourself, you get away with not paying a commission to an agent, which saves you money (as much as 10%). However, only 2% of people actually sell their FSBO home, and most end up hiring agents by the time their home actually sells.
Another advantage is being able to have complete control over the transaction from start to finish. You're able to make your own decisions and sell on your own terms, not anybody else's.
There are many advantages when it comes to selling your own home. If you are thinking about selling, give us a call or send us an email. We would love to discuss the topic further.
