Selling Your Home: For Sale by Owner vs. Using an Agent
When it comes to selling your home, you have two main options: going the For Sale by Owner (FSBO) route or working with a real estate agent who lists your home on the Multiple Listing Service (MLS). While FSBO might seem like a way to save money on commission, it often comes with hidden challenges and risks that can cost you in the long run.
The Risks of Selling FSBO
Selling a home isn’t as simple as putting up a sign and waiting for buyers. Without an agent, you’re responsible for pricing, marketing, negotiations, legal paperwork, and navigating inspections—all on your own. Many FSBO sellers struggle to attract serious buyers because their home isn’t listed on the MLS, which dramatically limits exposure. Additionally, without expert guidance, sellers often underprice their home (leaving money on the table) or overprice it (leading to a longer time on the market). Negotiating with buyers and their agents can also be tricky, and without experience, it’s easy to make costly mistakes or end up in legal trouble over contract details.
The Advantages of Using a Real Estate Agent
Working with an experienced real estate agent gives you access to professional pricing strategies, marketing, and negotiation skills. When you list with an agent, your home is placed on the MLS, exposing it to thousands of potential buyers and their agents—resulting in more competition and potentially higher offers. An agent handles everything from staging advice and professional photography to hosting showings, reviewing offers, and ensuring all paperwork is legally sound. They also help you navigate inspections, appraisals, and contingencies, reducing stress and ensuring a smoother transaction. Ultimately, homes sold with an agent tend to sell faster and for more money, making the commission well worth the investment.
Selling your home is one of the biggest financial transactions you’ll make—why go it alone? If you’re thinking about selling, let’s chat about how I can help you get the best possible price with the least amount of hassle!