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From DIY to Sold
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I would highly recommend selling your home through FSBO. It is a very easy process and the staff are very helpful whenever answers are needed. I sold my home and saved about $16,000 by using this service. I went with their MLS package and offered the buyer's agent the full buyer's commission. As a result, there was no resistance by realtors to show my home and potential buyers were able to see my home on MLS, which is where most people shop for homes. I still saved by not having to pay for the seller's agent fees, thus $16,000 in my pocket.
I am very happy with the way For Sale By Owner handles things. I've never been able to justify the work of a real estate agent, especially the commissions one needs to give for their services. This is the future of real estate transactions. With FSBO, you only pay for what you need, like consultations, historical data, professional pictures, staging, or similar direct expenses to get your property listed, and then the direct expense for the lawyer. This approach saves you a huge amount on commissions, allowing you to offer a reasonable price to buyers since there's no seller commission involved. I've sold multiple properties using this service, and most of them were over the asking price. If you're looking to save money and still achieve great results, FSBO is the way to go.
Many people told me "You can't sell on your own ya know (with FSBO) because realtors will not show your house... well as I already knew; their advice was TOTAL GARBAGE!! I had 13 showings the first go-round. (and that was in Jan. Feb. '23) Due to outside complications I had to put the listing on hold. 4 months later I re-listed. It was up for only 3 days. I had FOUR showings and THREE OFFERS!! I would never EVER pay a realtor to sell my home again. ** But to clarify; realtors do HELP CONSIDERABLY when making a purchase. I listed with FSBO and MLS (as an add-on with the FSBO listing) In addition; seller (me) sets the commission you want to offer incoming realtors. THIS is why they will still bring buyer to you. I set mine at 3% of the first 100K and 1% of the balance. NO PROBLEM AT ALL. No realtor I know of will ever turn down $8,700.!!! (normally a full commission is 7% and 3% - so half is 3.5% and 1%). Even someone with 'money to burn' would not give away money they don't have to! Be smart; save your hard-earned money!! Newer smart phones have fantastic cameras. I did all my own photos. One thing a seller does have to pay for is the new mandatory RMS in Alberta (professional measurements of listing) I paid $105 (incl tax). All together on $689K house; I saved $8,700. yes folks... that's "EIGHT THOUSAND SEVEN HUNDRED DOLLARS!!" (which was ONLY HALF of the full commission. The real estate industry is VERY out of touch with reality... Should you use a service like this? *** ABSOLUTELY - VERY WELL WORTH IT *** the extra work I did on my end of it. (*total costs to me were just under $1000. do everything) They were pretty easy to deal with as well - in getting the info uploaded etc. - which helped a lot. Especially in today's market where homes are 'virtually flying off the shelves!' Why on earth would you pay someone over $8K (in my case) for a house to sell in as little as a day?! That's just obscene - by my estimation. (mine sold in 3 days)
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