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Selling property without a realtor is becoming a popular option for those looking to save money and retain control of the sale process. While there are some risks involved, there are also many positive benefits of a for-sale-by-owner (FSBO) sale.

Cost Savings

One of the most obvious benefits of a FSBO sale is the money saved. Sellers typically avoid the expensive commission typically charged by real estate agents. The average commission rate charged in the United States is 6%, which could mean savings of thousands of dollars depending on the property price.

Personal Control

One of the greatest benefits of a FSBO sale is the ability to have direct control over the sale process. Sellers can make all the decisions, from choosing the best tactics to advertise the sale to negotiating the price. This direct control can lead to a smoother, more satisfactory sale process.

Competitive Edge

Without a real estate agent involved, sellers can gain a competitive advantage when it comes to pricing and selling strategies. FSBO sellers tend to list their homes at lower prices than real estate agents' listings, and this can draw in buyers looking for a great deal. Additionally, FSBO sellers can decide on their own timeline, without being pressured by deadlines set by the real estate agent.

Accessibility

Many buyers are increasingly going online to look for homes, and this gives FSBO sellers an added advantage. Most buyers start their home search online, which means that FSBO sellers need to make sure they have good online presence, such as a website or real estate listing sites. This gives FSBO sellers unprecedented access to potential buyers from all over the country.

If you are thinking about selling your property without a realtor, you may find that this can be a great option. With the savings and added control it provides, you may find that selling your home without a real estate agent is the right choice for you.