Save a Bundle Selling Your Home FSBO
You do not have to sell your home by yourself to sell your home "by your self".
Save the 6% that a broker might charge. Some issues that you may want to cnsider are:
Will you cooperate with a buyer agent? If so this will cost you somewhere between 2-3% +/-. I t depends on your negotiation skills.
If this be the case you need to get your home out there on the marketplace. What you do not have that brokers have is the MLS. Or multiple listings service. However, many online websites have usurped the MLS and have become the defacto online source for home listings.
- Trulia.com
- Propsmart.com
- Oodle.com
- Craigslist.com
You can also create your own blog at Real Estate Bloggers.com or sites like Blogspot.com for a nominal fee or free.
These are the opportunities for your home to be listed for sale. These real estate vortals can provide plenty of interested homebuyers for your marketing campaign.
A Negotiated Sellers Representation. Have you considered negotiating on the seller commission? There are many flat fee companies that will list a for sale by owner home in the MLS at a small nominal flat fee. This can equal thousands of dollars in savings. Of course you are stuck doing all the other things that a broker will do for you.Like negotiating, managing the escrow/settlement, financing., etc. Basically, things that make the sale happen. Of course you can always negotiate on a line item or a la carte menu of service too.
Bottom line, is that you can use the MLS and all the online tools to really make your home get the best marketing possible. But you will have to do a little work. And no matter what you will be paying something. It comes down to how valuable is your time and convenience.
