Is An FSBO Listing Right For You?
One of
the main advantages of a For Sale By Owner house sale is the amount of money
that it can save by cutting out the agent.
This entails placing your own ads, yard signs, etc, and in so doing
effectively cutting out the commission that would ordinarily go to the agent.
However,
despite this benefit, is the choice to go FSBO always the right one? There are certainly disadvantages to
consider. The market can be competitive and successfully making a sale may be a
large investment in both time and effort.
The crucial question to ask is whether this time is actually worth the
commission on the selling price of your home that the agent would usually
receive? There are other things to
consider such as whether you are able to make the property properly presentable
to potential buyers and whether you are able get an attorney to review the
contracts for the sale. Even if these
conditions are all met, you will also need to consider what timescale you have
before needing to make the sale.
The
choice can be a complicated one, with advantages and disadvantages on both
sides. It may be best to first see if
you can get a consultation with a professional to help decide on what will be
best for you.
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