1.3 million realtors actively sell homes, but even with a climbing number of realtors available, you might be wondering what’s the best way to sell your home. FSBO vs realtor is the conversation we’re having today and we’re going to help you decide which is best for you.
Whether you’re selling your home yourself or need a realtor to sell your home, you’re going to want to check out what we have to say below. Here are the things you need to consider before making your final decision.
Time Requirements
Do you have a specific time frame you want to stay within to sell your home? If so, one major thing to consider is that whether you’re selling on your own or using a realtor, the time frame that you’ll be able to sell your home within is different.
The longer your home remains on the market, the lower the chances of it selling at the price you wish to sell it at. It’s more common that you’ll take longer selling your home on your own than if you used a realtor because of the stigma surrounding FSBO listings.
If you plan to sell your home yourself, you’ve got to have the time to dedicate to doing so, which is one of the major issues most homeowners run into.
Negotiations With Potential Buyers
Another key aspect of the home selling process is negotiating with potential buyers to arrive at a selling price that works for everyone because selling your home is a transition. When you have a realtor they understand how to handle negotiations in the hopes of getting you what you want out of the sale, but keep in mind they will take a portion of your commission.
When you decide to take the FSBO route, you handle all negotiations yourself, which means having inside information on how to negotiate. The beauty of doing it yourself is you don’t have to think about that commission price coming out of the final total that you stand to make from selling your home.
Marketing Your Listing
The amount of visibility you get when selling a home differs greatly because no matter if you use a realtor or sell your home yourself, it’s important to market the listing. If you don’t market your listing appropriately, how do you expect to promote interest from potential buyers?
When selling your home you need people to tour it and want to buy it or the sale won’t happen. Therefore, marketing is the best way to get the word out about your home.
FSBO vs Realtor: Which is The Way to Go?
FSBO vs Realtor, which is right for you. Both hold different advantages and disadvantages, but it’s about what you feel will help you to accomplish what you need to accomplish.
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