4. It Has Become Increasingly Difficult to FSBO The paperwork involved in buying or selling a home has increased dramatically as more industry disclosures and regulations have become mandatory. This is one of the reasons the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years. 5. You Net More Money When Using an Agent Many homeowners believe they’ll save the real estate commission by selling on their own, but the seller and buyer can’t both save the commission. A report by Zillow revealed that FSBOs are inclined to do so because they believe it will save money (46% cite this among their top three reasons), but they don’t actually save anything, and eventually end up listing with an agent. The same report revealed that: “While 36% of sellers that (at first) attempted to sell their homes on their own, only 11 percent of sellers—in other words, less than a third…actually sold without an agent.” It appears working with a real estate professional is the best answer. Bottom Line Before you decide to take on the challenges of selling your house on your own, let’s get together to discuss your needs.
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