Go it alone, or use a Realtor
6 Reasons You Should Never Buy or Sell a Home Without a Local Agent It’s a slow Sunday morning. You’ve just brewed your Nespresso and popped open your laptop to check out the latest home listings before you hit the road for a day of open houses. You’re DIYing this real estate thing, and you think you’re doing pretty well—after all, any info you might need is at your fingertips online, right? That and your own sterling judgment. Oh, dear home buyer (or seller!)—we know...
Read MoreStudy: FSBOs Net ‘Significantly’ Lower Profits
For-sale-by-owners tend to sell their homes for lower prices than homes sold through traditional agents via the MLS, and in many cases below the average differential represented by the prevailing commission rate, according to a new study by Collateral Analytics. The study examined the price differences between homes sold through traditional agents versus those sold by FSBOs from 2016 to the first half of 2017. Some homeowners may be tempted to try to avoid commission costs to a broker and try...
Read MoreFor Sale By Owner?
Why Going Solo May Not Be Going Smart Those that choose to sell their own homes often hope to avoid the commission paid to real estate agents. While those familiar with the housing market and process of selling a home may enjoy a successful sale, plenty of inexperienced home sellers have encountered nothing but headaches. Besides limiting the number of potential buyers, the decision to sell by owner has cost many homeowners incredible amounts of time, energy and money. Before you make your own...
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