For-Sale-By-Owners: What You Should Know Before You Sell

If I sell my house myself, I will save thousands of dollars, right? Maybe not! Many homeowners believe that to maximize their profit on a home sale, they should sell it themselves. They feel that by selling on their own, they will save money by avoiding the real estate brokerage fee. Almost 20% of all homes for sale last year were by the owners. However, only 13% actually sold by owners. In addition, over half of those who did sell their home by themselves said they were not sure they saved any money and would definitely use an agent the next time they bought or sold. Why were so many people unhappy with the results they achieved by selling their own home?

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