Have you heard of the phrase FSBO or “for sale by owner“? In the real estate world this term refers to a property that a home owner sells without the help of a professional real estate agent. It is a fact that about 30% home sellers in the US, put in their own effort in order to sell their homes. There is no intrusion of a third party or a middle man in such cases.
The advantage of this method is that it allows home owners to save about 6% of their money that they would have paid to the broker as brokerage or commissions. This is a good option for those who have some basic marketing skills. It even works well for those with proper connections with people associated with the real estate market.
Your hard work can pay off well if you can put in some dedication and effort to sell your home and deal with prospective buyers. You have to do proper research of the market and handle everything from pricing to preparation, and from showing to closing. If you feel that this is not your cup of tea and you are wiling to pay the commission then you can always visit realtors for assistance.
