So we do a handful of loans every year that are FSBO (for sale by owner). I always help the buyers and sellers out with the paperwork & thru the whole process. I always shake my head and wonder why don’t these people just hire a Realtor. They think they are saving a buck or two in commission that’s why. The agents out there will tell you and I’ve heard it for the last 14 years I’ve been in business, statistically you sell your house for more if you hire a Real Estate Agent.
Case & Point: On a recent transaction I was involved with the house appraised 45k higher. If that seller would have used a agent to help price, market, & sell the home they would have sold it for a whole lot more. Now granted they save them selves from paying a commission, but at what price?
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