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Selling You Home Without A Real Estate Agent By Raynor James If you’re thinking, "I should sell my house without a realtor," the current real estate market and explosion of the Internet will make your job easier.
Sell My House Without A
If you are looking to sell a house without a realtor, you are known as a "FSBO" seller. FSBO stands for the phrase “for sale by owner.” Although FSBO sellers have always existed, they have become much more prevalent in the last few years due to two primary factors.
Hot Real Estate Market
An insanely hot real estate market has made realtors somewhat irrelevant in many parts of the country. For instance, homes in San Diego, California were known to be on the market for less than two weeks on average in early 2005. Keep in mind, this was the average time it took to sell a home including the run down messes. In such a market, many homeowners started wondering why they were paying six percent commissions to a who didn’t have to do much.
Internet Use
The creation of FSBO real estate listings sites has exploded
over the last three or four years. As buyers and sellers became more familiar with these sites, they often searched online for homes instead of driving areas with a realtor. This resulted in sellers wondering why they should pay a commission of 6 percent to a when a site like fsboamerica.org only charged $25 a month to list a home on the site. Many couldn’t come up with a reason.
No
The decision to sell you house without a is one you should make carefully. If you’re comfortable with the sales process, going FSBO makes all the sense in the world. If you’re not comfortable with the negotiating process, then you may want to consider using a realtor. Ultimately, your first step should be to buy a FSBO book in your local bookstore or visit a FSBO site and read up on what is involved.
Raynor James is with the FSBO site - FSBOAmerica.org - homes for sale by owner.
We hope you found this michigan real estate information to be helpful.
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