Home for sale by owner

There are several aspects to consider when you are thinking of selling properties independently without hiring an agent. The major points are;

  • What should be the price of the property according to the current market rate?
  • What guarantees that the valuation of the property is accurate?
  • Who will be creating all of your legal documents?
  • Do you have the time and patience required for such a task?
  • Are you correctly avoiding all those areas that can put you under legal constraints?

One of the real reasons behind avoiding a real estate agent is because they charge massive sum of money as their earned commission. According to the laws in US, you have to pay approximately 5% to 6% of the value of the property as commission to these brokers. Facilities that help owners to sell their houses without the aid of a broker are more state-specific and are growing at a faster pace as more people are opting for broker free property selling.

Types of Services Offered

There are primarily 3 types of services that you can avail:

  • Do all by Yourself and pay no commission –

    Along with some help from the internet and additional info and steps provided by few trusted sources, you can get the rough idea of how to sell a house independently.

  • Get a little help and spend a few bucks –

    There are many expert service providers that will assist you with only getting a buyer or any other particular expert service related to selling.

  • Hire an agent and pay the price –

    The traditional way of hiring a broker and paying the commission.

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