What does it cost you to sell your “home for sale by owner”?
Posted by Castle Rock Realty LLC on
According to recent numbers, if you don’t want to use a realtor and take your chances on the open market, that is costing you money. For sale by owners sell only for 87% of the sale price compared to being listed with a realtor. So essentially, it is costing you 13% to sell your home “for sale by owner” rather than paying the typical 6% commission.
Let’s break that down a little further, that 13% does not take into account the amount of time you spent advertising your property, showing the property on your own, negotiating with buyers, and ordering inspections and title work. Not to mention the fees for hiring an attorney to draft the necessary paperwork.
Would you like to save yourself the headaches, extra work, and heartache of dealing…
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