FSBO stands for “For Sale By Owner,” indicating that a property is being sold directly by the homeowner without the representation of a real estate agent. Selling a home without a realtor may seem like a cost-effective option, but it’s important to look into the potential downsides.
• According to the NAR Profile of Homebuyers and Sellers, FSBO homes statistically sell for 35% less.
• FSBO listings often take longer to sell, as reaching potential buyers without the marketing resources and network of a real estate agent can be challenging.
• The process of selling a home without a realtor can be time-consuming for the seller, who must handle every aspect, from marketing and showings to paperwork.
• Without the negotiation skills of a realtor, sellers may struggle to secure the best deal, potentially missing out on favorable terms.
• Another challenge of selling without a realtor is the difficulty in viewing the home objectively. Realtors provide valuable insights on staging, decluttering, and highlighting the home’s best features to attract potential buyers.
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
