FSBO Homes – Be Your Own Real Estate Broker

Deborah K. Vick

FSBO home or For Sale by Owner means of selling your home without the interference of a real estate broker or real estate agent. Home owners can employ the services of marketing or online listing companies or market their own property and need not pay a commission and represent themselves with the help of FSBO websites throughout the sale. One of the most popular reasons for why FSBO home owners choose to sell their house without the assistance of an agent is to avoid paying heavy agent’s commission charged by the real estate agents. This is possible through various FSBO websites available on the internet.

The buyer who is represented by an agent and is interested in a FSBO properties, the buyer’s agent may request the owner pay him or her commission, or finder’s fee, for bringing the buyer to the seller. But it depends whether the seller wants to pay the commission or not. The seller is not legally obliged to pay any commission unless and until there’s a contract or any agreement on this in advance.

FSBO are a good option for those who are looking for a deal in real estate today. Real estate agent commissions can run in the thousands of dollars and run up the purchase price of the home. In the US the agent’s charge up to 5% of the selling price of the property. Thus a home owner saves a lot of money when he or she decides to sell home without the agents. When sellers can avoid paying out those heavy charged fees, they can pass some of the savings onto the buyer. There are many places to find these types of properties and the best place for the same is internet or we can say a FSBO website.

For a FSBO home one need to have complete market knowledge about property, affordability, needs that one have to have a great deal closure. One saves a lot of money through listing on various FSBO Home websites. So you really don’t have to dependent on brokers for buying or selling you own property.

Leave a Reply

Next Post

5 Reasons Why People Prefer Serviced Apartments Instead of Hotels

Temporary residences like serviced apartments and furnished suites are specifically designed to cater to short term and even long term accommodations complete with amenities and features that you need when you travel away from home. This kind of accommodation is very popular among business owners and companies. The good news […]

You May Like