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3 Ways Selling Your Own Home Without an Agent Can Lose You Money

Are you really going to save money without using a qualified real estate agent? Before attempting to sell your home without an agent, think through that decision.

Research shows that For-Sale-By-Owner (FSBO) homes make less than those closed by realtors. The average home sold for $242,300 in 2020. The average for sale by owner listing sold for $217,900 [NAR]. Why? Realtors are trained to market your home online, in print, and in person.

Also, you need to ask yourself if you are willing to deal with the inspection objections and the emotions that come with selling a personal home. As buyers try to negotiate a better deal, people can be very critical of a property. FSBO sellers can often take such criticism personally and leave potential offers because their emotions are at play. Inspection objections are a crucial time to have a composed professional fighting for your end financial goals.

Lastly, realtors are going to hustle for you. Before you get your place ready for market, you must clean it, complete some little fix-up projects and get your home properly staged. Realtors have the expertise to know what needs to be done, when it should be done and how it will be done least expensively. If you can trust the process, realtors let you sit back and relax, knowing that they know exactly how to maximize the value of your home.


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