| 1. LESS HASSLE AND LESS FRUSTRATION: | | | | say that your home will sell for $200,000 and you |
| When selling your home by owner, you don't | | | | owe $144,000 on the mortgage... so you have |
| have to leave your home every time an agent | | | | $56,000 in equity. If you pay $14,000 in sales |
| wants to show it, or clean it every morning | | | | commissions, that's 25% of your hard-earned |
| before leaving "just in case". You know when | | | | equity! Sell it yourself... and you'll save a very large |
| people are coming and can prepare when needed. | | | | portion of your equity! |
| When a buyer makes an offer, there's not all that | | | | 5. YOU CAN SELL FASTER: If you list your home |
| frustration of "back-and-forth" telephone tag | | | | with a real estate agent and have to add in a full |
| between agents to reach an agreement. It can be | | | | commission you'll probably inflate the asking price |
| done in minutes, and end with a friendly | | | | to cover the cost of the commission. Two to |
| handshake and smile between owner & buyer | | | | four months later you'll come to the painful |
| prior to going to contract. | | | | realization that no one is going to buy your home |
| 2. NOBODY ELSE CAN SHOW YOUR HOME AS | | | | at that price, and you'll end up reducing the price |
| GOOD AS YOU: You know your home better | | | | (or accepting an offer) equal to the original |
| than anyone. The schools, the neighborhood, what | | | | amount you would have asked if selling by owner. |
| is special about your home and the area, as well | | | | Do it right the first time, and avoid taking the loss. |
| as other unique details about the property. A | | | | 6. LESS UNCERTAINTY: Because you meet the |
| well-maintained, fairly priced home virtually sells | | | | prospective buyers, you have a much better idea |
| itself, your role is to simply to provide additional | | | | how interested people are in your home, what |
| information that a buyer wouldn't know just from | | | | they like about the home, how serious they are |
| looking at the home. | | | | about buying and what their timeframe and |
| 3. YOU'RE IN CONTROL: Nobody is going to tell | | | | situation is. The direct feedback is easier to live |
| you what to do. You can advertise how and | | | | with than wondering how things are going, or |
| where you want to, schedule showings when it's | | | | worse, why no one has made an offer yet. |
| convenient for you, talk directly with prospective | | | | 7. IT'S EASY: "If you can sell your own car, you |
| buyers yourself, even take your house off the | | | | can sell your own home... All you have to do is |
| market for a while if a situation arrises. You aren't | | | | find a buyer who is willing and able to buy your |
| obligated to a 3, 6, or 12 month contract... you | | | | home, once you find a buyer... lenders, lawyers or |
| make your own rules. | | | | title companies take over (depending on your |
| 4. MORE MONEY IN YOUR POCKET: This is | | | | area of the country). |
| obvoiusly the main reason that most FSBO home | | | | Check out the largest network of For Sale By |
| sellers are selling their home themselves. You can | | | | Owner publishers |
| save up to 7% commission by doing it yourself. | | | | Permission to use this article is granted as long as |
| On a $200,000 home you may save up to | | | | the author information and website link is included. |
| $14,000. Here's another way of looking at it. Let's | | | | |