FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission.
6% may not sound like a lot, but it can add up, especially on more expensive homes. But before you run off and decide to sell your home FSBO, you must remember that to get a savings like that, there must be a cost. So what’s the catch? Selling FSBO is hard. A lot harder.
Only about 10% of sellers that decide to do FSBO are successful at it. And not all of them end up saving themselves money. FSBO sellers often end up accepting a lower price for their home than they would with an agent.
There are of course other issues as well. Can you afford to make selling your home your full-time job? Because for a lot of FSBO sellers, that’s exactly what it is. Do you have the time and capital to spend on the marketing, advertising, inspections, paperwork, phone calls, showings, and problems that come up when any home is sold?
Selling with a professional agent also has other advantages. An agent can get your home listed on the MLS (Multiple Listing Service) and other popular websites where not only homebuyers but also other agents can easily find it. Professional real estate agents also have an extensive network that allows them to more easily find a buyer.
So before you decide to sell your home yourself, thoughtfully consider just how much time and effort you can spare for selling your home, as well as how important it is that your home sell sooner rather than later.
REALTOR® Beaufort Realty Consultants
910 Charles Street
Beaufort, SC 29902
Phone: (843) 812-3487 Top Producing Agent 2009,
2011, and 2012 www.SeeBeaufortHomes.com
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We couldn't have asked for a better professional in the field then you. You always kept our best interested at the forefront from beginning to end in the process.And, no matter how difficult the situation became you made this a very happy experience for us. Debbie and Lou Lordi
Buying or Selling? Call Richard Neill today to see why his diligence & dedication have allowed him to be the only agent for us! Richard has handled our last three real estate transactions on St. Helena! His integrity and commitment equal success! With Richard, it's a Win-Win! Thanks Richard!Jon and Maggie Pomeroy
Mr. Richard Neill has exceeded all our expectations assisting with our home buying. He was very patient in showing us several properties. My wife knew exactly what she liked and Richard delivered. We were also pleased to make the purchase under appraised value. Richard expertise definitely paid off. Thanks RichardMarion and Trell Shepherd
" From our first face-to-face contact, I knew that we had found a knowledgeable and competent professional who would work diligently for us. For the next two months, Richard proved us right about him time and time again"Don and Elizabeth Creamer
“My home was on the market for over a year and a half...
-Did not sell- Richard had it SOLD in less that 60 days in a very tough market. Thank you, Richard”
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