Part 1.
This is the first part of an ongoing series about the pros and cons of selling a home. Whether you decide to do it on your own or prefer the help of a Real Estate Broker, this series will help you make the right decision for your situation without the pressure to go one way or the other.
For Sale By Owner, also known as FSBO's, have been a popular way of selling a home for many many years. Obviously the main reason people decide to sell without signing on with a Realtor is in order to save the commissions that are usually charged by Real Estate Brokers.
The cost savings when selling your own home are definately a serious consideration, but lets look at the bigger picture and see what comes into play when selling a home.
There are many factors to consider when selling a home but the truth is selling anything boils down to the following.
1. Exposure
2. Price
3. Location
4. Condition
Please note that most of the above are also influenced by the direct competiton at that particular time and place. It is very important to keep a close eye on your competition when selling your house. The more competition that is in your market, the more important exposure, price and condition become.