Wednesday, June 5, 2019 / by Kimo Quance
Home sellers can choose to sell their home on their own over using an agent.
For most people selling a home, finding an agent is one of the obvious first steps to making sure your property is competitive on the market. However, research into consumer housing trends has shown that around 12 per cent of sellers sold their property on their own and never listed with an agent. These listings are called For Sale By Owner (FSBO) homes.
Though this route might be beneficial for sellers looking to save money or avoid working with agents, those looking to buy a home can benefit from avoiding FSBO homes. There are many reasons why you should never consider buying an FSBO home such as a lacking sense of urgency, the potential for scamming and more.
1. No Sense of Urgency
In many cases, those who want to sell their home in a timely manner opt for a real estate agent over attempting to sell their home on their own. Therefore, an FSBO mi ...