There are two ways to sell your home. One way is to hire a real estate agent and sell your home or property through him, and the other way is to sell your home yourself. The method of selling your property yourself is known as FSBO or For Sale By Owner. Many people don’t want to hire a real estate agent for selling their property. Actually they don’t want to pay the expenses of hiring a real estate agent, and it seems to be a valid reason if you are so that you can do it yourself. Normally the cost of FSBO home is 5% to 10% lower than the one listed by an agent.
Selling your home through a real estate agent is not only an expensive method but it is also a time consuming process when trying to decide which agent is better than others. After the selection of an agent you must now work with him/her to negotiate the process (terms and conditions) for the sale of your home (property).
The real estate agent is paid according to the selling price of your home. At the time of closing you give commission to the real estate agent. At this moment you feel that it might be a good idea to sell your home yourself. If you can sell your home yourself then you can save the commission which you give to the real estate agent at the time of closing.
You can find several FSBO websites on the internet which gives you the opportunity to list your property yourself. Few FSBO websites are free while few sites charge some amount for adding home in their websites.
The biggest advantage for selling your home for sale by owner versus using a realtor is control factor. You have the total control of entire dealings form start to finish and this is the most important factor in selling. You are free to choose the advertising method which suits you more. You can set the schedule of appointments with buyers. Being the owner of your home you can explain each and every feature of your home to potential buyers.
Finally, when you have successfully found a buyer to your home, it is probably time for your moving process. If you like, you can find some help to make your move easier on Busy Beez Movers.