Saturday, February 10, 2007

Danger of For Sale By Owner (FSBO)

It seems logical that you can profit more by selling your house on your own and avoiding brokerage fees. However, a good realtor can actually net you more despite his/her commission costs. In fact, the National Association of Realtors (NAR) reports that the average seller makes 16% more by using a real estate professional versus selling on their own.

Realtors have access to marketing tools that attract more pre-qualified buyers. The more viewings the realtor can bring, the higher the price that home can demand and the quicker it will sell. As Chicago continues to move towards a buyer's market, attracting more potential buyers becomes increasingly important.
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