8 Reasons to Choose a Real Estate Agent Over "For Sale By Owner"
8 Reasons to Choose a Real Estate Agent Over "For Sale By Owner" When you sell your home yourself—also known as "for sale by owner” (FSBO)—it may seem like a great way to save thousands of dollars. After all, the standard real estate agent’s commission is 5% to 6%—that’s $12,500 to $15,000 on a $250,000 home. Given the size of this fee, you may think that acting as your own seller’s agent will surely be worth the savings. Here are eight reasons why you may want to reconsider. 1. In a FSBO deal, the buyer’s agent knows there won’t be a professional colleague on the other end of the transaction. Even if a client insists on seeing your home, the agent might discourage making an offer, citing the hassles and risks of trying to close the deal without a professional representing the seller—and without a guaranteed commission. 2. Agents Avoid Emotional Sales Selling your home is typically an emotional process. Having an agent keeps you one step removed and makes you less likel