Expert Guidance for Selling Your Home: Realtor vs. FSBO
Sell Your Home with Confidence: Realtor vs. FSBO
Are you considering selling your home but unsure whether to enlist the help of a realtor or go the FSBO (For Sale By Owner) route? Let me guide you through the decision-making process by sharing important insights, experiences, and a real-life story.
Story Time!
Let me introduce you to the Smith family. They were eager to sell their beloved home, but when they decided to go the For Sale By Owner route, they quickly realized they were in over their heads. From pricing their home accurately to navigating negotiations with potential buyers, they found themselves facing numerous hurdles they didn't know how to overcome.
Expert Analysis: In 2021, data showed a significant difference in average sale prices between homes sold with a realtor and those sold FSBO. On average, realtor-assisted sales fetched $330,000, whereas FSBO homes sold for $225,000. Even when controlling for factors like home size and location, FSBO homes typically sell for 5.5% less than realtor-assisted sales.
Financial Considerations: While FSBO sellers may initially be attracted to the idea of saving on listing agent commissions, the potential savings may be offset by lower sale prices. Additionally, FSBO sellers often still offer a commission to the buyer's agent, further reducing potential savings.
Ready to maximize your home's value with expert guidance? Register now to access exclusive insights and personalized assistance from Jamie Fowler.
Are you considering selling your home but unsure whether to enlist the help of a realtor or go the FSBO (For Sale By Owner) route? Let me guide you through the decision-making process by sharing important insights, experiences, and a real-life story.
Story Time!
Let me introduce you to the Smith family. They were eager to sell their beloved home, but when they decided to go the For Sale By Owner route, they quickly realized they were in over their heads. From pricing their home accurately to navigating negotiations with potential buyers, they found themselves facing numerous hurdles they didn't know how to overcome.
Expert Analysis: In 2021, data showed a significant difference in average sale prices between homes sold with a realtor and those sold FSBO. On average, realtor-assisted sales fetched $330,000, whereas FSBO homes sold for $225,000. Even when controlling for factors like home size and location, FSBO homes typically sell for 5.5% less than realtor-assisted sales.
Financial Considerations: While FSBO sellers may initially be attracted to the idea of saving on listing agent commissions, the potential savings may be offset by lower sale prices. Additionally, FSBO sellers often still offer a commission to the buyer's agent, further reducing potential savings.
Pros and Cons Overview: Explore the advantages and disadvantages of both selling methods to make an informed decision that aligns with your goals and priorities.
Ready to maximize your home's value with expert guidance? Register now to access exclusive insights and personalized assistance from Jamie Fowler.