For Sale By Owner (FSBO) or Real Estate Agent?

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The idea of saving the real estate agent’s commission fee inspires many people to sell their home without professional help. But to make the best decision for yourself, consider the following:

• If you would like to save some money but you want help with the paperwork and other details, consider hiring a discount agent. They usually charge either a flat fee or a commission of 1 to 4 percent of the selling price. They will also offer fewer services than a full-service agent. Services may include paperwork, negotiations and following up on a buyer’s mortgage application.

• The buyer may expect to share the spoils with you in the form of a lower price if you sell your house without the help of a real estate agent.

• A real estate agent will subscribe to the area’s Multiple Listing Service (MLS), which describes all homes listed by all the other agents in the area. A seasoned agent can also offer information about the market, assistance with the negotiation and connections with potential buyers which includes out-of-town buyers who almost always use an agent.