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Sell My House Without A Realtor |
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Written by Raynor James
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Thursday, 23 November 2006 |
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Word Count: 384 If you're thinking, "I should sell my house without a realtor," the current
real estate market and explosion of the Internet will make your job easier.
Sell My House Without A Realtor
If you are looking to sell a house without a realtor, you are known as a "FSBO"
seller. FSBO stands for the phrase "for sale by owner." Although FSBO sellers
have always existed, they have become much more prevalent in the last few years
due to two primary factors.
Hot Real Estate Market
An insanely hot real estate market has made realtors somewhat irrelevant in many
parts of the country. For instance, homes in San Diego, California were known to
be on the market for less than two weeks on average in early 2005. Keep in mind,
this was the average time it took to sell a home including the run down messes.
In such a market, many homeowners started wondering why they were paying six
percent commissions to a realtor who didn't have to do much.
Internet Use
The creation of FSBO real estate listings sites has exploded over the last three
or four years. As buyers and sellers became more familiar with these sites, they
often searched online for homes instead of driving areas with a realtor. This
resulted in sellers wondering why they should pay a commission of 6 percent to a
realtor when a site like fsboamerica.org only charged $25 a month to list a home
on the site. Many couldn't come up with a reason.
No Realtor
The decision to sell you house without a realtor is one you should make
carefully. If you're comfortable with the sales process, going FSBO makes all
the sense in the world. If you're not comfortable with the negotiating process,
then you may want to consider using a realtor. Ultimately, your first step
should be to buy a FSBO book in your local bookstore or visit a FSBO site and
read up on what is involved.
Raynor James is with the FSBO site -
FSBOAmerica.org - homes for sale by owner. Visit our
"Sell My Home" page to sell
your house or our home buying
page to view and buy homes, houses, condos, land and real estate.
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