CHAPTER 1 Why People Sell FSBO The advancement of technology constantly boosts the market and improves our standard of living. However, with an increasingly flexible job market, we are often required to move to grow personally and develop our professional careers. All too often, this means that while preparing for one significant change in our lives, we also need to deal with selling our homes. We all know that owning a home is preferable to and financially wiser than renting. However, when it comes to moving, selling a house might not always be as easy as it seems. While some people consider the convenience and ease of selling through an agent the absolute best way to go, others conclude that the thousands of extra dollars they might be able to make by selling their house on their own are worth the time, effort, and trouble that selling on their own might entail. As one may expect, the complex real estate market has its own tips and tricks that people should follow to make the most of their sales. Let’s examine what makes people sell FSBO and the pros and cons of this highly debated practice.
#1—WHY DO PEOPLE CHOOSE TO SELL BY HEMS ELL BY HEMSELVES?
FSBO, or “For Sale by Owner,” occurs when homeowners decide to put their house on the market and advertise it without the help and support of a professional real estate agent. Going FSBO means that the owner must know how to market and show the property professionally, negotiate an advantageous selling price 2
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