Posted on Friday, August 31st, 2012
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.
How to Sell Your House Without a Realtor
If selling a house without a Realtor is what you are planning to do, then you are known as an FSBO seller. FSBO stands for the phrase ?for sale by owner.? FSBO sellers have always existed but in the last few years, they have become much more prevalent due to two primary factors.
What about Hot Real Estate Market?
Making Realtors somewhat irrelevant in many parts of the country is an insanely hot real estate market. For instance, in early 2005, homes in San Diego, California were known to be on the market for less than two weeks on average. Try to remember that this is the average time it took to sell a home and this also includes the run down messes. In a market such as this, a lot of homeowners began to wonder why they were paying six percent commissions to a Realtor who didn?t have to do much.
Internet Use
Over the last three or four years, the creation of FSBO real estate listings sites has exploded. Buyers and sellers would often search online for homes instead of driving areas with a Realtor as they became more familiar with these sites. Because of this, sellers would wonder why they should pay a commission of 6 percent to a Realtor when a site like fsboamerica.org only charged $25 a month to list a home on the site. A lot of them couldn?t come up with a reason.
Having No Realtor
Keep in mind that selling your house without a Realtor is one decision that you should carefully make. Going FSBO makes all the sense in the world if you are comfortable with the selling process. If you?re not comfortable with the negotiating process, then you may want to consider using a Realtor. Ultimately, buying an FSBO book in your local bookstore or even visiting an FSBO site and reading up on what is involved should be your first step.
Are you looking for a great way to increase curb appeal when selling your home? Read about our Lehigh Valley basement renovations ideas to change your home?s appearance for a faster sale.
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Source: http://www.destinationraleigh.com/raleigh-nc-real-estate/can-you-sell-your-house-without-a-realtor/
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For people who need a little help on how to sell a house without help of a realtor, Read this article it has some tips and suggestions that you may want to consider.
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